The extent of the risks associated with development of shale oil and natural gas is “unknown” because existing studies have not taken into account the potential long-term, cumulative effects of the activity, according to a new report issued by the Government Accountability Office (GAO) Tuesday. The agency in a companion report did not make any recommendations to change environmental and public health requirements in light of advances in horizontal drilling and hydraulic fracturing (fracking).
Articles from Exclusion
A coalition of energy firms has called on the Commodity Futures Trading Commission (CFTC) to issue a blanket one-year exclusion for exempt commercial commodities — energy and metals — from upcoming over-the-counter (OTC) market derivatives rules.
A coalition of energy firms has called on the Commodity Futures Trading Commission (CFTC) to issue a one-year blanket exclusion from upcoming over-the-counter (OTC) market derivatives rules.
The jurisdiction dispute between FERC and the Commodity Futures Trading Commission (CFTC) should be decided by lawmakers in Congress, FERC Chairman Jon Wellinghoff and his immediate predecessor, Joseph Kelliher, said during a hearing of the Senate Energy and Natural Resources Committee in Washington, DC, last Tuesday.
State and federal lawmakers from Alaska urged Interior Secretary Ken Salazar Tuesday not to focus on the development of renewable fuels to the exclusion of oil and natural gas production in the Outer Continental Shelf (OCS), and said that the development of offshore oil and gas could be accomplished without harming land or threatening endangered species.