Bankrupt fracking firm suing New York governor to end moratorium
http://grist.org/news/bankrupt-fracking-firm-suing-new-york-governor-to-end-moratorium/
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Norse Energy is a failure when it comes to its core business drilling for gas and oil. Despite Americas huge drilling boom, the company is bankrupt. Unable to turn a profit as a driller, the company has taken to suing governments and officials that limit fracking, blaming them for its undoing.
Attorneys for the companys trustees filed a lawsuit Tuesday against New York Gov. Andrew Cuomo (D) and two state commissioners, claiming that the states fracking moratorium had brought about the companys undoing. The Press & Sun-Bulletin reports:
The suit asks the court to force the Cuomo administration to finalize a study that will determine whether large-scale fracking a controversial technique to help extract gas from shale formations can proceed in New York, arguing that repeated delays in the states decision-making process are grounds for a judge to intervene.