I picked this up from the API press clippings. Like we don't have to watch every move they make. I love that the CEO of American Petroleum is being "mindful." The minute someone uses that word, I get hives. I'm not at all convinced that fracking is going to end up with the bad rep it now has. I think that we will figure out a way to extract gas from shale safely, but I am certain that the oil and gas industry is mindful--of profits and expansion at any cost. This is one instance where we need the feds to babysit.
The US Department of the Interior and Bureau of Land Management
improved their proposed hydraulic fracturing regulations before issuing
them on May 4, American Petroleum Institute Pres. Jack N. Gerard
acknowledged. But the fundamental question of whether they’re actually
necessary remains unanswered, he said on May 9.
“Let’s be thoughtful about this. Let’s be mindful of what’s already
in place, and if it’s working, why try to duplicate it?” he told
reporters during a teleconference. “Right now, energy states are taking
action and making sure they have a robust regulatory regime that should
be adequate to regulate industry without overlaid federal regulation.”
Many states already aggressively regulate fracing on federal, state,
and private land, and others are improving their programs with help from
the Interstate Oil & Gas Compact Commission, the Groundwater
Protection Council, and the State Review of Oil and Natural Gas Environmental Regulations (STRONGER),
Gerard noted. More significantly, producing states process permit
applications faster than the year BLM often takes without compromising
environmental protection, he added.
“We look at models like North Dakota and see they’re protecting their
people, they’re protecting their environment, and they can issue a
permit in 14 days,” Gerard said. “The feds should look at that model,
instead of trying to overlay an additional layer of regulation that
potentially duplicates or conflicts with it.”