Gas Lobby Targets Anti-Fracking Bill

"Fearing a push by House Democrats to regulate a controversial form of natural gas production, an industry coalition launched a campaign yesterday arguing that new rules would kill jobs and batter the economy.

The coalition of independent oil and gas companies says a Democratic proposal to allow new oversight over hydraulic fracturing would slash domestic oil and gas production and cost the Treasury $4 billion in lost taxes, royalties, rents and other payments. But environmentalists and an aide to a Democratic lawmaker backing regulation say the claim amounts to 'scare tactics.'"

Anne C. Mulkern reports for Greenwire in the New York Times May 7, 2009.

Friday, May 8, 2009