• 2 days The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 10 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Coincidence of EIA Report Delay? - "I had seen it delayed minutes, and a couple of times a few hours, but don’t recall something like this — do others?" asks Javier Blas
  • 1 day European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe.
  • 3 days "...too many politicians believe things that aren’t true." says Robert Rapier
  • 4 days Demonising fossil fuels has caused major grid problem in Australia
  • 8 hours "How Long Will The Epic Rally In Energy Stocks Last?" by Tsvetana Paraskova at OILPRICE.COM
  • 9 days "And this is perhaps the most dangerous kind of government there can be."
  • 5 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days Welcome to Technocracy - The New World Energy Order... "1000s Of Sydney Homes Plunged Into Darkness As Aussie 'Price Cap' Policy Sparks Energy Shortage"
  • 6 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 330 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 8 days ESG Topic - "German Police Raid Deutsche Bank, DWS Over Allegations Of Greenwashing" - ZeroHedge Bloomberg and others
Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

More Info

Premium Content

Obama’s Fracking Regulations Take A Serious Hit

On September 30, a federal judge struck down the U.S. Department of Interior’s regulations on hydraulic fracturing, a blow to the Obama administration’s efforts at putting standards on the drilling practice.

A U.S. District Judge in Wyoming issued an injunction against the implementation of Interior’s rules. In March 2015, the Bureau of Land Management (part of the Interior Department) issued its final rule for fracking on public lands. Related: What Oil Investors Can Learn From Gold

According to BLM, there are over 100,000 oil and gas wells on federal lands, over 90 percent of which use fracking. “Current federal well-drilling regulations are more than 30 years old and they simply have not kept pace with the technical complexities of today’s hydraulic fracturing operations,” U.S. Secretary of the Interior Sally Jewell said in a statement when the final rules were issued in March. “This updated and strengthened rule provides a framework of safeguards and disclosure protocols that will allow for the continued responsible development of our federal oil and gas resources.” Related: Kuwaiti Oil Minister: No OPEC Meeting Before December

The fracking rules set standards on well integrity, cementing, and other technical aspects of drilling, as well as waste storage. They also require drillers to disclose the chemicals that are used in their fracking jobs, and companies would also be required to report more details on their drilling operations such as the geology and depth of preexisting wells. Related: Exxon CEO: Alaska Is Its Own Worst Enemy

However, the injunction from the U.S. District Court throws these rules into a state of limbo, unable to go into effect for now. “Congress has not authorized or delegated to the BLM authority to regulate hydraulic fracturing and, under our constitutional structure, it is only through congressional action that the BLM can acquire this authority,” the judge wrote. The federal government can appeal the court’s decision.

The court’s injunction was welcomed by the energy industry, which argued that the rules were too costly. “We are overjoyed that we are finally getting relief from the courts regarding the regulatory overreach of the Obama administration,” said Kathleen Sgamma of the Western Energy Alliance, an association of hundreds of oil and gas companies.

By Charles Kennedy of Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News