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Fracking

Fracking Boom Seen Slow to Develop in New York

By Jim Efstathiou Jr

A decision to permit hydraulic fracturing for natural gas in New York state will trigger a cool response from drillers, the state’s environmental regulator said.

Low natural-gas prices have dulled interest in New York’s gas reserves, Joseph Martens, commissioner of the Department of Environmental Conservation, said at a conference today. The agency is reviewing more than 66,700 comments on a draft plan for drilling in the state’s portion of a geological formation called the Marcellus Shale.

Group calls UB fracking study 'seriously flawed'

A Buffalo-based advocacy group today criticized as "seriously flawed and biased" last week's study from the University at Buffalo that said stronger regulation was leading to an improved safety record among drillers in Pennsylvania's Marcellus Shale.

The new report from the Public Accountability Initiative disputed the conclusions of the study by UB's new Shale Resources and Society Institute that the rate of environmental violations — both major and minor — were declining at Pennsylvania's Marcellus wells.