Recent Fracking News
Sunday, July 3, 2011 at 1:56PM The Marcellus region in Pennsylvania was the most expensive, averaging about $300,000 per inch-mile. Gas analyst and the report’s lead author Julia Sagidova said the pipelines generally run 120 miles with a diameter between 24 and 36 inches, bringing the price of a new pipeline to $500 million.
Sunday, July 3, 2011 at 1:53PM “We are at the end of a legislative marathon that stirred emotion from lawmakers and the public,” French Environment Minister Nathalie Kosciusko-Morizet said late yesterday before the vote. Hydraulic fracturing will be illegal and parliament would have to vote for a new law to allow research using the technique, she said.
Energy companies that plan to use fracking to produce oil and gas in France will have their permits revoked and its use could lead to fines and prison, according to the law passed by a vote of 176 in favor, 151 against by the senators in Paris.
