Chevron (CVX) and Shell (RDS.A) are among big oil companies making peace with environmentalists,...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX) and Shell (RDS.A) are among big oil companies making peace with environmentalists, agreeing to a voluntary set of tough new standards for fracking in the Northeast that could lead to a major expansion of drilling. The program will work a lot like Underwriters Laboratories, which puts its familiar UL seal of approval on electrical appliances that meet its standards.