Law360, Philadelphia (October 31, 2017, 4:54 PM EDT) — Members of Pennsylvania’s business and agricultural communities told Republican lawmakers during a hearing on Tuesday that a proposed ban on hydraulic fracturing inside the Delaware River basin threatens to rob landowners of their rights and close the door on much-needed economic growth in the region.
https://www.law360.com/articles/979539/proposed-delaware-river-fracking-ban-slammed-at-hearing
Homeowners are fired up and sounding off about a possible natural gas drilling ban in the Delaware River basin area. Lawmakers from across the commonwealth held a public hearing Tuesday on the issue at Camp Ladore in Wayne County.
http://www.pahomepage.com/news/landowners-sound-off-on-possible-gas-drilling-ban/848490974
CANAAN TOWNSHIP — Republican state lawmakers held a public hearing over a proposed permanent fracking ban in part of the Poconos. While the lawmakers will have no say on the ban itself, the hearing near Waymart could be used to influence public opinion. “I’m so pleased to have all of you here today that share in that frustration and disdain,” said Republican State Representative Jonathan Fritz at a hearing regarding a proposed permanent ban on natural gas drilling in Wayne and Pike Counties.
http://wnep.com/2017/10/31/lawmakers-hold-hearing-on-pocono-fracking/
Law360, Philadelphia (October 31, 2017, 4:54 PM EDT) — Members of Pennsylvania’s business and agricultural communities told Republican lawmakers during a hearing on Tuesday that a proposed ban on hydraulic fracturing inside the Delaware River basin threatens to rob landowners of their rights and close the door on much-needed economic growth in the region.
https://www.law360.com/articles/979539/proposed-delaware-river-fracking-ban-slammed-at-hearing
Figuring out the proper spacing of wells is perhaps as old as the oil and gas industry itself, but as horizontal wells replace verticals, the issue has become more complex.
Dozens of people concerned about the impact of fracking took their message to state regulators on Monday. Some even wore face masks to the Colorado Oil And Gas Conservation Commission to protest fracking near homes. They want the commission and Gov. John Hickenlooper to do something about fracking near homes and encroaching on neighborhoods, specifically to curb drilling.
http://denver.cbslocal.com/2017/10/30/fracking-face-masks-oil-gas/
Dozens expressed concern over fracking near homes.
https://www.msn.com/en-us/news/crime/oil-and-gas-regulators-hear-message-about-fracking/vp-AAuf2BO
The primary bear thesis on oil currently is that U.S. shale is a new global swing producer, capable of rapidly responding to price and inventory changes to ensure market balance. This thesis, however, is fatally flawed as evidenced by flat-lining Texas and New Mexico production (the two key shale states), and an increase in drilled-but-uncompleted wells. This is despite the fact that OECD inventories have fallen 44% versus the 5-year average as of July, and prices have averaged $49.50 YTD.
PROTESTERS have been arrested after they built and occupied two wooden towers in the middle of Habton Road in Kirby Misperton. Police closed the road to all vehicles and pedestrians earlier after the incident began at about 3am today.
Two protesters who have been involved in the blockage of Habton Road at Kirby Misperton since 3am today (Monday 30 October 2017), have been arrested after being removed from wooden towers by a specialist police team.