Seeking Alpha

New York state's decision to lift its ban on fracking faces further delay after officials...

New York state's decision to lift its ban on fracking faces further delay after officials conducting a key health impact study asked for more time. The move will push back the publication of the state's environmental report, which in turn will delay the drafting of Gov. Cuomo's drilling regulations, possibly forcing a re-start of the regulatory process, which could hold up the process for months.
Comments (12)
  • Any day that we can preserve our drinking water and retain what is left of our environment is a good day for mother earth.


    For once we should be pleased at the snails pace of government.
    12 Feb 2013, 06:59 PM Reply Like
  • Oh please, they are asking for more time because they can't find anything to use for their case. Just stalling as long as possible now.
    12 Feb 2013, 08:41 PM Reply Like
  • Ironic that those claiming to be "progressives" loathe genuine progress.
    12 Feb 2013, 09:32 PM Reply Like
  • Save soldiers lives, Use less polluting diesel, Create millions of jobs,Stop supporting crazy foreign govts. Bring manufacturing jobs back to the USA. Sounds like a no-brainer
    13 Feb 2013, 03:54 AM Reply Like
  • Why is it taking Gov. Cuomo so long to approve the use of fracking, a technology that has been used on tens of thousands of wells since 1947, without any problems, until some recent false claims about it, yet, it took him no time at all, and zero amount of studies to try to ban honest private citizens from owning guns?


    Could it just be political? Ya think?
    13 Feb 2013, 03:55 AM Reply Like
  • This happens to be close to/on top of the water table for NYC, and NYC residents have a) a lot of political power and b) a lot of money.


    Cuomo has shown himself to be pro-nat gas and in my opinion is a flat out AWESOME governor.


    You can't make any stink stick. Don't even try.
    13 Feb 2013, 04:09 PM Reply Like
  • There is no example of gas well fracking that has damaged anyone's water table. The propaganda film that you saw was paid for by a wholly owned company of United Arab Emirates, (think OPEC) who don't want US Natural Gas competing with oil.


    The wells in Pennsylvania were not contaminated by Natural Gas. The EPA and the Pennsylvania Department of Environmental Protection tested the wells. The gas in the wells was methane, not the ethane that comes from Natural Gas. The "documentary" was a lie.


    Again I say, fracking has been used since 1947, on 10s of 1000s of wells, and we are only hearing rumors of problems now? 65 years later? And you don't think some crooked politics is involved? Really?
    14 Feb 2013, 04:38 AM Reply Like
  • To what propaganda films are you referring?


    Cuomo had indicated his lean to allow fracking from the get go. He allowed the studies because it was the right thing to do. And he has moved to lift the ban now.


    You are frothing at the mouth rabid trying to prove there is some kind of conspiracy going on here, and you are way, way, WAY out in left field.


    Disclosure: I am a Cuomo fan, and I am a NYS resident. I bet you aren't even a NYS resident and barely know the details of how this has played out.
    14 Feb 2013, 06:46 AM Reply Like
  • @kmi: Why "study" something that has been in regular use in this country and around the world for over 65 years? Why interfere at all? For the record I'm not currently a NYS resident, however I own a country place in NYS, in an area that uses spring water for it's water supply and it is one of the areas targeted for shale gas wells.


    As a point of fact, in spite of a few Republican governors, the perpetually Democrat control of Albany has kept the the economy of NYS above NYC, in a condition of recession forever.
    14 Feb 2013, 12:15 PM Reply Like
  • Now you are sounding even worse. When you do something as trivial as a mortgage on a commercial property the bank requires environmental assessment reports.


    Environmental impact reports are required for zoning, housing, for everything.


    How you can completely belittle the import of environmental impact studies on a project of the proportion of Marcellus drilling is beyond me.
    14 Feb 2013, 02:23 PM Reply Like
  • @kmi: If you can't understand that there is nothing new to study, then I believe you when you say it is beyond you.
    14 Feb 2013, 02:47 PM Reply Like
  • Honestly it makes sense for NY to continue the ban. That will keep all the oilfield trash like me out of the state, and they can just buy oil and gas from the productive states like Texas and ND. Also Canada.
    14 Feb 2013, 12:27 PM Reply Like
DJIA (DIA) S&P 500 (SPY)