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Home > "Rush to Drill for Natural Gas Creates Conflicts With Mortgages"

"Rush to Drill for Natural Gas Creates Conflicts With Mortgages" [1]

As the natural gas drilling boom based on "fracking" has spread across the U.S. from Texas to New York, ordinary householders have signed more than a million leases allowing companies to drill on their land. But bankers and real estate executives are now starting to ask what happens if they lend money for a piece of land that ends up storing huge amounts of toxic drilling wastewater.

Ian Urbina reports for the New York Times October 19, 2011.
[2]

Economy & Business [3]
Pollution [4]
National (U.S.) [5]
Public [6]
Source: NY Times [2], 10/21/2011
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Source URL:https://www.sej.org/headlines/rush-drill-natural-gas-creates-conflicts-mortgages

Links
[1] https://www.sej.org/headlines/rush-drill-natural-gas-creates-conflicts-mortgages [2] http://www.nytimes.com/2011/10/20/us/rush-to-drill-for-gas-creates-mortgage-conflicts.html [3] https://www.sej.org/category/topics-beat/business [4] https://www.sej.org/category/topics-beat/pollution [5] https://www.sej.org/category/region/national [6] https://www.sej.org/taxonomy/term/81