Friday, April 13, 2012

Friday Night After The Weekly News Cycle Ends -- Obama Signs Executive Order on Fracking

Slow-rolling the oil and gas industry
Anything to kill the domestic fossil fuel industry
Comes days after Interior Secretary visits the Bakken

Link here.

Obama signs the executive order and EPA set to announce new rules next week.

A big "thank you" to a reader for alerting me to this. I probably would not have seen this until later this weekend.

Rigzone: US industry happy with executive order. Okay.
Friday's announcement won praise from various segments of the oil and natural gas industry, with prominent trade groups like the American Gas Association and the Independent Petroleum Association of America saying it showed the president is committed to promoting natural-gas development in the U.S.

Less than a decade ago, the U.S. was expected to begin importing greater amounts of natural gas. But a recent boom in production, made available by advances in drilling technology, have flooded the U.S. market and supplied domestic businesses and consumers with cheap natural gas.

1 comment:

  1. He needs to sign an order for his removal from office if he is not a USA citizen by birth.

    ReplyDelete