Latest shale gas assault

A Houston investment bank finds that a new front has been opened in the Obama Administration's war on shale gas and hydraulic fracturing.  In its most recent monthly publication[1], Parks Paton reports:             ... the SEC recently asked a gas shale producer in the registration process for an initial public offering (IPO) to disclose the volume of fracturing fluids used per well.  They also requested information on the "additional chemicals" present in the fracturing fluids used. The lawyers involved indicated that the producer was not planning on disclosing any of this information, but what the lawyers worried about is why the SEC would be asking these questions.  There is no federal disclosure requirement about hydraulic fracturing chemicals so who is behind this request?  The belief is that the EPA is encouraging the SEC's inquiry, but that is only speculation. Tuesday the President set out to "reclaim...(Read Full Post)