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What Does the Moratorium Bill Really Say?

PostPosted: Fri Dec 03, 2010 6:38 am
by HVPA_research
The lawmakers in the US State of New York decided that they need more time to consider environmental problems of drilling for gas and hydraulic fracturing in the Marcellus Shale. This is what the bill says in summary.

Suspends hydraulic fracturing for the extraction of natural gas or oil until
May 15, 2011; suspends the issuance of new permits for such drilling.

And this is the reaction from the gas industry: What Does the Moratorium Bill Really Say? as published in the Marcellus Effect blog. As expected they are in uproar somebody restricted their freedom to drill and frack wherever they please!

It is just like the reaction to the proposals on CSG moratorium in Australia: