With a three-month-old natural gas storage well leak dominating local news, urban Los Angeles residents opposed to oil/gas drilling activity in their neighborhoods are back in protest mode, demanding more attention from the city’s planning department regarding a longstanding Freeport-McMoRan Oil & Gas Co. (FMO&G) oil well site.
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Articles from Urban
Senators Delve Into Speculators’ Control of Commodity Assets
Members of a panel testifying at a hearing of a Senate Banking, Housing and Urban Affairs subcommittee last week warned that allowing global conglomerates to own multiple pieces of the production and marketing chain for any commodity, including oil and natural gas, while simultaneously also speculating on the price of those commodities, opens the door to potential manipulation of prices.
Fracking in Urban Oilfield Won’t Harm Neighbors, Study Finds
A year-long study has concluded that hydraulic fracturing (fracking) in an urban oilfield in the Los Angeles area will not harm the environment.
Pennsylvania Says Hands Off in South Newark Basin
Pennsylvania’s General Assembly moved with amazing speed in the closing days of June to install a drilling moratorium on upscale, ex-urban Philadelphia counties, attaching the provision in a must-pass budget measure (SB 1263) that Gov. Tom Corbett signed July 2.
Pennsylvania Adopts South Newark Basin Drilling Moratorium
Pennsylvania’s General Assembly moved with amazing speed late last week to install a drilling moratorium on upscale, ex-urban Philadelphia counties, attaching the provision in a must-pass budget measure (SB 1263) that Gov. Tom Corbett is expected to sign.