Dallas' Inaction On Fracking Regs Driving Away Drillers

Law360, Dallas (January 23, 2013, 5:07 PM ET) -- XTO Energy Inc. shelved its plans to drill for natural gas in Dallas last week, saying the city’s indecision on how to regulate urban drilling has made it impossible to move forward, and experts say continued rulemaking delays add to an already bleak picture for fracking in the city.

Dallas raked in more than $33 million in bonus payments in 2008, when it leased the mineral rights under some city land to XTO, an ExxonMobil Corp. subsidiary, and to Trinity East Energy LLC, an affiliate of...
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