DOI Sec. Salazaar Says New BLM Fracking Rules Release "Imminent"
MDN has previously chronicled the proposed new rules from the Dept. of Interior’s Bureau of Land Management for fracking on federal lands in the past. Recently BLM floated a copy of those new rules which were roundly criticized by the drilling industry. So they pulled the new rules, revised them, and sent them to the White House for review (see BLM Sends New Draft Fracking Rules to White House for Review).
The release of the revised BLM rules, according to outgoing Secretary of Interior Ken Salazaar, is "imminent"…
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As this issue goes to press, the Wall Street Journal and Fox Business is reporting that Chesapeake Energy has put 94,205 Utica Shale acres on the auction block. That’s nearly 10% of their remaining 1 million Utica Shale acres. This is not unprecedented. Last June Chesapeake put 337,000 acres on the auction block (see