Energy Cos. Wary As Calif. Fracking Moratorium Gains Favor

Law360, New York (April 16, 2014, 7:04 PM ET) -- Hydraulic fracturing in California is at a crossroads, as mounting pressure from citizens and environmental groups pushes lawmakers toward a moratorium that would dismantle a new regulatory framework that allows energy developers to continue working, clouding the future of projects around the state.

The California Senate's Natural Resources and Water Committee approved the fracking moratorium bill with a 5-2 vote last week, advancing a measure that would shake up the state's current fracking regulatory scheme and completely change the game for the oil and gas industry....
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