Lawmakers in France voted to officially ban the use of hydraulic fracturing as a completion method to develop shale oil and gas formations in the country.I find France's decision to ban fracking about as short-sighted and ill-conceived as the Minnesota government shutdown.
The French Senate followed the National Assembly in voting to ban the use of hydraulic fracturing in the country.
France is the first country to ban the use of hydraulic fracturing, as the oil and gas development method has come under fire recently across the globe.
Bottom line: France won't develop its own resources, but yet calls on US to go to war with Libya to open oil fields that provide the oil France needs for its own economy. Okay. We saw this movie before.
