Will Fracking in NY Only be Done in Supportive Communities?
In an interesting development in the long fight to allow shale gas drilling in New York State, two key state senators are signaling a compromise may come in the form of, “if you want it, you can get it” with respect to fracking. That is, communities that support fracking will likely be the ones who will get it, at least at first, and maybe they will be the only ones to get it.
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Is it any surprise that eager beaver, go-get-em NY Department of Environmental Conservation Commissioner Joe Martens now says that his department’s review of comments on proposed new fracking rules won’t be done before end of summer, “perhaps”? No, not a surprise at all. This is typical Martens delay tactic behavior.
eCORP International and the Tioga County (NY) Landowners Group, also known as Southern Tier Energy Partners (STEP), released details of their new deal to lease 135,000 acres in Tioga County, NY with an eye to using LPG waterless fracking (press release below). It is an interesting deal—not at all typical of the usual leases between drillers and landowners. Perhaps it’s the way of the future in a low commodity gas price environment?