Saturday, June 29, 2013

Fracking, Politics, And Pennsylvania -- An Important Story To Follow

Link here to Platts.
Fracking became a hot issue after the Democratic State Committee voted 118-81 for a statewide moratorium on fracking. Following the June 15 vote, former Democrat Governor Ed Rendell told the Patriot-News newspaper the resolution was “very ill-advised.”
Rendell asserted that John Hanger and Kathleen McGinty, both former secretaries of the state Department of Environmental Protection, are the state’s “biggest environmentalists” and noted “both approved of fracking, permitted it and moved to put in place changes that have dramatically reformed the fracking process.”
The bottom line is the race for the Democratic Party’s gubernatorial nomination will be anything but boring. Most state’s environmental groups passionately oppose fracking while many labor unions and business groups support it with enthusiasm. Urban area voters, many concerned about possibility of drilling in their backyard, are generally opposed, but many rural voters who profited from royalties and leases support it.
My hunch: the mineral owners are in deep trouble.  Class warfare. Demagoguery. The haves vs have-nots. Fear-mongering. Dimock.

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