First, the bad news: EPA Taking First Step Toward Fracking Regulations
The good news: Fracking May Increase Faster Than Expectations Due To CAPEX By Majors
It will be interesting to see if states with dire budgetary problems and potential oil and gas windfall profits, take EPA action in stride without fighting new rules. Watch New York state, Pennsylvania, and Ohio, to see if these states take any negative EPA action lying down.
My hunch is that ... ah, just skip it. We all have our own thoughts.