Law360, New York ( July 2, 2014, 11:29 AM EDT) -- On May 7, 2014, a petition to ban hydraulic fracturing was submitted to the city council in Denton, Texas. The petition aims to make fracking illegal within the boundary limits of Denton, which is believed to sit upon one of the largest natural gas reserves in the U.S. Currently, all oil and gas drilling is prohibited in the city, because the council voted in favor of a moratorium that will last until Sept. 9 of this year. If the city council ultimately adopts the permanent ban, Denton will become the first city in Texas to prohibit the practice. However, if the council votes against the ban, the initiative will likely find its way onto the ballot in November, allowing the public to decide the issue.[1]...