That financial turnaround seems very impressive until... Continue reading GOP Tax Law Bails
Out Fracking Companies Buried in Debt
Not exact matches
But the oil and gas
companies are urging Governor Cuomo to reconsider any plan that would limit
fracking to specific parts of the Southern Tier, while leaving
out for now the rest of available private land in the Marcellus Shale.
Last Friday, Republican Gubernatorial candidate Rob Astorino sent
out a late afternoon press release saying that he would not be going on a gas industry tour of
fracking sites in Pennsylvania until after the election because the
company providing the tour — Cabot Oil & Gas Corporation — refused to allow members of the press on the tour.
California officials have ordered an emergency shut - down of 11 oil and gas waste injection sites and a review more than 100 others in the state's drought - wracked Central Valley
out of fear that
companies may have been pumping
fracking fluids and other toxic waste into drinking water aquifers there.
Afterwards,
companies need to pump
out the
fracking fluids, releasing bubbles of dissolved gas as well as burps of early gas production.
Its just that new technology (horizontal drilling and
fracking) have enabled oil
companies to get more gas
out of the ground than in the past.