Obama on Federal Regulations for Fracking

http://www.csmonitor.com/USA/DC-Decoder/2012/0831/Obama-vs.-Romney-...

Obama's position is that federal fracking regulations are compatible with increasing oil and gas production while preserving the environment. "We have a supply of natural gas that can last America nearly 100 years, and my administration will take every possible action to safely develop this energy," Obama said in his 2012 State of the Union speech. "Experts believe this will support more than 600,000 jobs by the end of the decade. And I'm requiring all companies that drill for gas on public lands to disclose the chemicals they use. America will develop this resource without putting the health and safety of our citizens at risk." So far the boom in oil and gas from the fracking process has seemed little slowed, bringing the US an unexpected surge in natural gas as well as oil production over the past four years. Oil production in the US today is at an eight-year high, while oil imports have fallen from an all-time high of 13.5 million barrels per day (65 percent of demand) in 2005 to 9.8 million barrels per day or (52 percent of demand) last year.

 

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Comment by Thomas Malcolm Pendergast on October 31, 2012 at 12:27pm

Sir:

Federal regulation of oil and gas exploration and development is not nearly as effective as State control.  The Federal EPA's Lisa Jackson has clearly stated that there have been no cases nationally of contamination of drinking water that can be attributable to hydraulic fracturing.  The Department of Energy has also clearly stated that hydraulic fracturing dramatically reduces the environmental footprint compared with conventional drilling methods.  Finally, most operators already post the contents of the fracking fluids employed on their sites on FracFocus.com.  I would also note that increase in U.S. oil production comes from State and private lands, not Federal lands.

Tom Pendergast, 945 Welsh View Dr. C-4, Newark, Ohio; phone 740-366-0058

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