The state Senate approved the legalization of fracking in North Carolina on Wednesday just hours after the U.S. Geological Survey issued an estimate that the state has far less gas than earlier assessments showed...
“The only way you’ll ever know is by actually punching down some wells,” Rucho said during the Senate debate...
Rucho said that no gas drilling would take place for at least two years until all safety provisions are in place and approved by the state legislature.
The devil's in the details, so we should probably get those right.
With gas prices low, rushing through the process would seem to benefit the drilling companies much more than it would North Carolina property owners.
ead more here: http://www.newsobserver.com/2012/06/06/2117412/federal-estimate-of-nc-gas-reserves.html#storylink=cpy
Read more here: http://www.newsobserver.com/2012/06/06/2117412/federal-estimate-of-nc-gas-reserves.html#storylink=cpy
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