John J. Interval wants the DRBC permanent fracking ban rejected for the sake of the economy and protection of property owner’s rights.
Protecting private property rights is a bedrock principle of a free society and a key to explaining American prosperity.
That principle is in danger of being subverted. The Delaware River Basin Commission, which consists of the governors of New York, New Jersey, Delaware and Pennsylvania, and the federal government, represented by the U.S. Army Corps of Engineers, proposes a permanent ban on fracking for natural gas in the Delaware River watershed without any compensation for landowners who own the rights to gas resources and who stand to lose millions of dollars in royalties. It also translates into less revenue for local governments and school systems.
There would be an extremely high price to pay for a ban on fracking, since it would affect the shape of the region’s economy for decades to come.
The commission is scheduled to hold public hearings on the proposed ban later this month. It should be rejected and a new policy should be adopted that recognizes the value of fracking.