Revised Federal Fracking Rule Gives Industry Breathing Room

Law360, New York (May 17, 2013, 7:36 PM EDT) -- While oil and gas operators may grumble about the Obama administration's revised hydraulic fracturing rule creating another layer of regulations, attorneys say industry should be pleased that the current version strives for greater harmony with well-established state regulations and imposes less onerous requirements than the previous edition.

The revised rule released by the U.S. Department of the Interior's Bureau of Land Management on Thursday still requires oil and natural gas companies to disclose their fracking fluids, ensure safe well construction and tighten standards on handling fracking...
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