Challenges Still Ahead After Ill.'s New Fracking Bill
June 18, 2013, 1:26 PM EDT
Law360, New York (June 18, 2013, 1:26 PM EDT) -- The long-awaited hydraulic fracturing legislation has now been signed by Gov. Pat Quinn and is law in Illinois. Supporters of high-volume horizontal fracking who see the potential for enormous economic benefits are looking eagerly ahead to when permitted drilling operations can begin in the Illinois portion of the New Albany Shale reserve.
But, even with enactment of the fracking legislation into law, significant challenges still lie ahead. The next stage of this process — the promulgation of rules that will implement the law and govern the...