Huge News! Though They Pulled Back By The Close, Could This be The Reason SandRidge, Triangle Petroleum, Halcon, EOG All Popped?

Updates

Later, 6:56 pm: SD gets new CEO; maybe that's part of the reason for its rise in price today.  

Original Post

 
Disclaimer: this is not an investment sit. Do not make any investment decisions based on what you read here or what you think you read here.

Until they pulled back near the end of the session, TPLM, EOG, SD, and HK all had nice positive movements today; other oil and gas companies may have also had a good day; I don't know, I didn't look at any others. It really didn't make sense why they moved today; I wasn't able to find any news ... until.

Until Don sent me this article: The Bismarck Tribune is reporting that the federal study won't be completed until 2016.

A comprehensive government study of the effects of shale gas drilling on water quality and the environment won't be completed until 2016, a U.S. Environmental Protection Agency official said ... the agency could have a preliminary report ready late next year.

Briskin said the EPA has sampled water in two drilling counties in Pennsylvania, plus in Colorado, North Dakota and Texas. Nine energy companies and nine drilling-supply companies have cooperated with the EPA research, she said, and 1,000 chemicals have been identified as being used in the drilling process.

The event, organized in part because of Ohio's role in the Utica shale boom, continued Wednesday.

Isn't that convenient? No final report until well into the final months of the 2016 campaign, election. Maybe we'll get a decision on the Keystone XL by then. But I digress.

This certainly gives a boost to the fracking industry. Although there might be a preliminary report next year, the final report won't be ready until another two or three years. That gives folks a long time to develop the unconventional shale industry well beyond the "too big to stop."

Maybe there is no connection between this news (about the fracking report delay) and the little pop some small shale operators had, but one wonders.