Bill To Halt Fracking Clears Calif. Senate Panel

Law360, San Diego (June 27, 2012, 4:41 PM ET) -- A California Senate panel on Tuesday approved a bill that would place a moratorium on hydraulic fracturing in California until a state agency adopts regulations for the oil and gas extraction process, over energy companies' protests that the measure would raise fuel costs and hurt businesses.

The Senate Natural Resources and Water Committee voted 5-3 to pass A.B. 972, which seeks to ban permits for oil and gas wells that will be hydraulically fractured until the state Department of Oil, Gas and Geothermal Resources implements public...
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