17 Jan '12, 9pm

Situation normal, all fracked up: Obama embraces fracking, by @RL_Miller

Situation normal, all fracked up: Obama embraces fracking, by @RL_Miller

Last week, the Obama administration gave what may be its first formal statement favoring hydraulic fracturing, or fracking, of natural gas, in a report called Investing in America: Building an Economy That Last [PDF]. Until now, the Environmental Protection Agency has, generally, been moving slowly on the issue, with initial study results due out this year and a final report due in 2014. However, the Investing in America report endorses the “safe and environmentally responsible” extraction of natural gas. Key paragraphs: Since the mid‐2000s … the discovery of new natural gas reserves, such as the Marcellus Shale, and the development of hydraulic fracturing techniques to extract natural gas from these reserves has led to rapidly growing domestic production and relatively low domestic prices for households and downstream industrial users. Appropriate care must to be taken to...

Full article: http://grist.org/natural-gas/situation-normal-all-fracked...

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