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EPA, Interior Arrive Late and Uninvited to the Fracking Party
Bernard L. Weinstein, Fort Worth Star-Telegram Last month, the Obama administration's Environmental Protection Agency issued 588 pages of new regulations to control alleged "air pollution" from natural-gas wells. The anti-carbon crowd believes that adding another layer of regulatory "oversight," with its attendant compliance costs, will somehow retard development of this abundant and versatile domestic energy resource. EPA's concern is that when fracking fluids are withdrawn from gas wells, some volatile organic compounds (VOCs) such as benzene rise to the surface. But a 2010 report from the Texas Commission on Environmental Quality found only two cases out of 94 monitoring sites where VOC and methane levels exceeded state guidelines. Read More
Bernard L. Weinstein is Associate Director of the Maguire Energy Institute and an Adjunct Professor of Business Economics in the Cox School of Business at Southern Methodist University. He has taught at Rensselaer Polytechnic Institute, the State University of New York, the University of Texas at Dallas, and the University of North Texas. He has authored or co-authored numerous books, monographs, and articles on the subjects of economic development, energy security, public policy, and taxation. His work has appeared in professional journals as well as the popular press. He earned an A.B. degree from Dartmouth College and an M.A. and a Ph.D. in economics from Columbia University.Full Bio