Sunday, June 23, 2013

Obama administration throttling fracking

Obama administration throttling fracking

Obama administration throttling fracking

Thomas Lifson


Very quietly, noticed only by Fox News, the Obama administration's Bureau of Land Management has been planning put two thirds of the federal lands open to fracking out of play. This was accomplished via bureaucratic regulation, of course. Fox News reports:
Controversy is heating up over an administration plan to drastically reduce the amount of federal lands available for oil shale development in the American West.
The Bush administration had set aside 1.3 million acres for oil shale and tar sands development  in Colorado, Utah and Wyoming. The new Bureau of Land Management plan cuts that amount by two-thirds, down to 700,000 acres, a decision that has prompted industry outrage.
"What they basically did was make it so that nobody is going to want to spend money going after oil shale on federal government lands," said Dan Kish, Senior Vice President of Institute for Energy Research.

So the technology that has to potential to revive our economy and enable us to break the energy stranglehold of Islam's Oil Weapon is being throttled back wherever the federal government can accomplish it. America created this technology and dominates it worldwide. A wave of investment can be unleashed by letting fracking work its tonic way on energy costs, raw material costs, and strategic power, which is why the Obama administration puts up roadblocks wherever it can.

The basic strategy being followed on fracking is to keep looking for some way to prove harm, and when none is found, keep looking. Michael Bastasch of the Daily Caller notes the EPA's failure to find any evidence.

The Environmental Protection Agency announced that it is dropping its plans to issue a report on whether hydraulic fracturing caused groundwater contamination in Wyoming.
The agency said it will no longer have outside experts review that theory.
This marks the third time that the EPA has failed to link hydraulic fracturing - more commonly known as fracking - with groundwater contamination, a major environmentalist objection to the drilling practice.

Rest assured, they are going to keep looking:

In a statement to Fox News, the BLM says it is not against oil shale and tar sands development, but will restrict the amount of public lands available for leasing until the processes are proven, and proven safe. If shown to be viable in coming years, the agency says more federal lands may be opened up to oil shale and tar sands development.


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