A pair of attorneys with extensive knowledge of New York’s regulatory, business and geological climates said the rules proposed by the state Department of Environmental Conservation (DEC) governing high-volume hydraulic fracturing (HVHF) won’t hamper development of the state’s shale plays, and they believe permits will be issued soon.
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Oil Spill Bill Moves in House; Senate May Punt
The House of Representatives Friday was poised to vote out its oil spill legislation that imposes stiffer financial responsibilities and safety standards on offshore and onshore production and development, but the Senate was not expected to pass its slimmed-down oil spill bill before the August recess.
August 2, 2010