The Interior Department is proposing new federal rules for hydraulic fracturing, but the chairman of the House Natural Resources Committee warns they’re unnecessary and will only limit energy production and economic growth.
Hydraulic fracturing, known more commonly as fracking, is an increasingly effective method by which oil and gas are extracted from rock formations. Estimates suggest the energy production potential in fracking is massive, and states like North Dakota and Pennsylvania have already enjoyed significant economic benefits. While the concept is somewhat new to many Americans, it has actually been in practice for decades.
Rep. Doc Hastings, R-Wash., who is the House natural resources chairman, said new rules from Washington are not needed. “For a long time, 60-70 years, the states have regulated hydraulic fracturing,” he told WND. “So there hasn’t been a nationwide rule. “For a long time, 60-70 years, the states have regulated hydraulic fracturing,” he told WND. “So there hasn’t been a nationwide rule. Frankly, it’s for that reason that I think that this proposed regulation is a solution in search of a problem, because the states have done it very, very successfully for a number of years.”….To Read More…..