Salazar on Fracking Regs: We're The Government and We're Here To Help

Link here.

My hunch is there will be 512 pages of fracking regulations. As a rule of thumb, each page of federal regulation costs the subject $1,000. Thus, one can assume the new regulations will add approximately $512,000 per fracked well. The biggest trick will be how to monetize the regulations so that the "frack and trade" revenue generated goes to the federal government, bypassing the state. The real money-maker for the government will be the fines and penalties.