US Army Corps of Engineers to Put Kabosh on Fracking. UPDATE: Not!

UPDATE, May 22, 2010: The story below was posted May 21, 2010 (yesterday). Today it was announced that the US Army Corps of Engineers will NOT impose a moratorium on new water permits from Lake Sakakawea. Very, very good news.

ORIGINAL POST, May 21, 2010

Earlier this week, I posted a story that there was plenty of water in Lake Sakakawea for fracturing -- that all the water needed for the oil industry represented about two-tenths of one percent of the Missouri River flow.

But it turns out the US Army Corps of Engineers plans to put a hold on any more water coming out of the Missouri.

The corps is proposing a long-term water allocation study that could take at least three years and possibly seven years to complete. During that time, the corps has said, no new lake water intake permits will be issued and existing permits will not be changed for higher capacity.

Yup, anything to destroy the oil industry in this country.