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Gina
05-04-2012, 09:13 PM
This will lower gas prices, eh? :livid:


NEW YORK (CNNMoney) -- The Obama administration tightened regulations on the oil and gas industry Wednesday, requiring drillers to capture emissions of certain air pollutants from new wells.

But in a nod to industry concerns that the rules were being enacted too quickly, the Environmental Protection Agency said companies can burn the pollutants at the well head until the start of 2015, when enough equipment is expected to be available to capture the pollution. Drilling Regulations (http://money.cnn.com/2012/04/18/news/economy/drilling-regulations/index.htm?iid=EL&source=yahoo_hosted)


The Obama administration tightened rules on hydraulic fracturing Friday, requiring the disclosure of chemicals used in the process when done on federal and American Indian lands.

The new rules will also require additional testing of oil and gas well construction and require the industry to have a management plan for the water used in the process.

"This proposed rule will strengthen the requirements for hydraulic fracturing performed on federal and Indian lands in order to build public confidence and protect the health of American communities, while ensuring continued access to the important resources that make up our energy economy," the Interior Department said in a statement.

The move is part of a broader administration effort to increase rules for the controversial practice. Earlier this month, the Environmental Protection Agency tightened air pollution requirements for new oil and gas wells. Fracking Rules (http://finance.yahoo.com/news/obama-tightens-fracking-rules-145000658.html)

JB
05-04-2012, 09:20 PM
This will lower gas prices, eh? :livid:He had to do something. Natural gas is cheap as sheet right now and the US has more than we know what to do with it.

Barry can't have cheap energy. Can't have it.

Wind, solar, algae, corn and inflated tires...all at prices that will make you broke. That's where we need to be.

Rockntractor
05-04-2012, 09:27 PM
The bright side of all of this is that the more of this crap he pulls up until the election the better chance we have of sending him back to Chicago.

Starbuck
05-04-2012, 09:33 PM
First he took away our drill bits. Then he wouldn't give them back.

Now he's making it illegal to fart into the earth.

Retread
05-04-2012, 09:48 PM
Picture me surprised /sarcasm

Zathras
05-05-2012, 02:53 AM
Nobody tells me who I can and can't frak....oh, it's not that kind of fraking? Nevermind.

http://www.youtube.com/watch?v=I4MJtY0uHOs