Obama administration throttling fracking

Very quietly, noticed only by Fox News, the Obama administration's Bureau of Land Management has been planning put two thirds of the federal lands open to fracking out of play. This was accomplished via bureaucratic regulation, of course. Fox News reports: Controversy is heating up over an administration plan to drastically reduce the amount of federal lands available for oil shale development in the American West. The Bush administration had set aside 1.3 million acres for oil shale and tar sands development  in Colorado, Utah and Wyoming. The new Bureau of Land Management plan cuts that amount by two-thirds, down to 700,000 acres, a decision that has prompted industry outrage. "What they basically did was make it so that nobody is going to want to spend money going after oil shale on federal government lands," said Dan Kish, Senior Vice President of Institute for Energy Research. So the technology that has to potential to revive our economy and enable us to break the...(Read Full Post)