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Wednesday, July 18, 2012

So, We'll See

From the president (Oil and Gas Journal):
US President Barack Obama reiterated his support for developing natural gas resources with new technologies as long as it can be done safely and in an environmentally sound manner.

“This is something we should welcome,” he said in response to a question at a July 16 reelection campaign event in Cincinnati. “Not only are we blessed with incredible gas resources that are now accessible, but gas actually burns cleaner than other fuels, and is an ideal…energy source that we can potentially use for the next 100 years.”

Obama noted that some people or groups see a contradiction between environmental protection on one hand and economic development or energy production on the other. “The fact of the matter is that there are a lot of folks right now engaging in [hydraulic fracturing] who are doing it safely,” he said.
But it will be even safer if the Feds impose redundant fracking regulations. 

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