Colorado, NY representatives look to regulate gas “fracking”

News Story:

There is a push to begin government regulation of a procedure known as “fracking” or hydraulic fracturing used by oil and gas producing companies.  The process involves injecting chemicals, sand, and liquids underground to force open channels in formations of rock and sand so that gas and oil will flow to be extracted from the ground.  There is concern that the process could potentially cause environmental concerns such as contamination of ground water supplies.

The oil industry insists that the process is both clean and safe for the environment.  Detractors call the lack of regulation of the process the “Halliburton loophole,” as Halliburton, and oil services company was the pioneer of the process of hydraulic fracturing.  9 out of 10 wells in the US currently are fracked.  There have been reports of people with health concerns allegedly arising from contact with chemicals and materials used in the fracking process.  The industry does not disclose what it uses in the process of fracking for a new well.

Commentary:

This sounds like yet another abuse of power by both Halliburton, and the Bush administration, potentially at the expense and safety of US citizens, and in this case, the environment as well.  The US really needs to develop and use some other form of energy other than fossil fuels.

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305 Responses to “Colorado, NY representatives look to regulate gas “fracking””

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