The concern is not only that there is less oil and natural gas drilling but that the Federal Regulations will “leak” over to state. Can we really think that the regulatory regime at the Environmental Protection Agency promotes productivity? The EPA is a Political Agency is it not? Furthermore, as a government/political bureaucracy, it has its own dynamic and interests that are not likely to be shared with the energy producer, the energy consumer or The Forgotten Taxpayer.
The Secretary of Pennsylvania’s Department of Environmental Protection, Michael Krancer is doing an excellent job in regulating energy companies in Pennsylvania.
Marcellus Shale is having a dramatic and measurable impact in Pennsylvania. Marcellus Shale Gas is Creating More Consumer Savings: Just as the region enters the hottest months of the year, Peco Energy Co.’s residential price for electricity is set to decrease 14.7 percent on July 1,
Pennsylvania’s legislature is controlled by Republicans. A majority are Union Republicans who are often blatantly opportunistic, despite awarding Penn State $2 billion dollars in the last 9 years, (and on track for another quarter billion) they are less than vigilant, the Republicans have managed not to screw up Marcellus Drilling and we, in Pennsylvania, are reaping the benefit.
Bradford County, in northeast Pennsylvania, (where Marcellus Shale drilling) is moving ahead nicely, boasting the lowest unemployment in Pennsylvania. (note Towanda, home of David Wilmot, of the Wilmot Proviso, is located in Bradford County).
Key Phrase: ” Up to 30% of all fracking wells are on federal lands and would be encumbered by these regulations. Moreover, many states (especially those with Democrat-controlled legislatures) will be inclined to mimic new federal regulations on state and even on private owned land. At present, the states have done a good job in overseeing successful fracking wells. Let’s keep it that way.”
BRADFORD COUNTY MARCELLUS SHALE NATURAL GAS WELL – one of hundreds