Obama Issues Executive Order on Hydraulic Fracturing
On Friday, President Barack Obama issued an Executive Order (EO) called “Supporting Safe and Responsible Development of Unconventional Domestic Natural Gas Resources” (a copy of the EO is embedded below). The new EO is being touted as Obama’s EO on fracking—an attempt by Obama to coordinate the efforts of many federal agencies so the federal government will speak with one voice on the topic of hydraulic fracturing.
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With dire claims that Ohio is “poised to become a sacrifice zone” and will experience “dead creeks” like those “in Pennsylvania and West Virginia” and “wells poisoned to the point where residents can’t drink from their faucets” if widespread hydraulic fracturing is allowed to happen in the state, the group 350.org is convening a
Yesterday the commodity price of natural gas hit a 10-year low, $1.984 per 1,000 cubic feet. There will be plenty of stories in the press about it. However, in one of those stories, we get this interesting and helpful information about the price, as well as the areas producing the most natural gas and the drillers producing it: