Questerre Energy Hopeful Quebec will Lift Fracking Moratorium
An ongoing story of interest to MDN is the fracking moratorium in Quebec, Canada. It’s interesting to MDN because part of the Utica Shale underlies Quebec province. As we’ve previously reported, Quebec has a moratorium in place similar to New York State. It seemed for a time like the moratorium would become more or less permanent after statements by representatives of the newly elected government in Quebec, a fact bemoaned by Canadian driller Questerre Energy (see this MDN story).
Questerre issued another press release today on a more encouraging note, pointing out the Premier of Quebec, Pauline Marois, says she will make the final decision about lifting the moratorium and that she’ll use the results of the study under way to make her decision. Questerre takes her comments as a positive sign that science, and not politics, will determine a favorable (pro-fracking) outcome.