New York: Possible Two Year Moratorium on Fracking?
Friday, March 8, 2013
Oil and gas companies may have to wait two more years before drilling in New York’s Marcellus shale, according to a report by the Daily Review.
New York State Assembly Speaker Sheldon Silver, on Wednesday, announced passage of legislation that extends New York’s moratorium on hydraulic fracturing by two years. The legislation also requires additional health impact assessments.
Read it:
“This action would allow for a comprehensive review process, independent of industry pressure, while the Department of Environmental Conservation’s (DEC) examination of hydraulic fracking continues. Delaying the DEC’s ability to issue permits will provide the Legislature with additional time to examine all the facts including the awaited Supplemental Generic Environmental Impact Statement (DSGEIS).”
The legislation would enact a moratorium until May 2015.
Though the state Assembly passed the legislation, it must still be approved by the state Senate.
A similar moratorium was recently defeated in Maryland.
» Via: The Daily Review › New York State votes for two year moratorium on high volume hydraulic fracturing
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.