EPA Takes First Step Toward Regulating Fracking Chemicals
The Obama administration began a process that may result in the first federal regulation of chemicals used in fracking, a drilling technique that has transformed energy production while eluding oversight sought by environmentalists.
After three years of delay, the U.S. Environmental Protection Agency said today its considering rules requiring oilfield service companies such as Halliburton (HAL) Co. to send it details on the health and safety of the chemicals used. The agency said it may decide to stop short of rules, and use incentives or voluntary steps.
After three years of delay, the U.S. Environmental Protection Agency said today its considering rules requiring oilfield service companies such as Halliburton (HAL) Co. to send it details on the health and safety of the chemicals used. The agency said it may decide to stop short of rules, and use incentives or voluntary steps.
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Environmental groups have been pressing the agency to collect information on the fluids injected with water and sand to break apart underground rocks, saying they may be a danger to human health or the environment. The oil and natural gas industries have tried to fend off any federal oversight of the practice, saying states can best oversee it. Oilfield service providers also say their recipes are trade secrets.
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http://www.bloomberg.com/news/2014-05-09/epa-considers-requiring-disclosure-of-fracking-chemicals.html