From: Jon Hurdle, Reuters Published March 11, 2010 05:47 AM
President Barack Obama's top environmental adviser urged the natural
gas industry on Tuesday to disclose the chemicals it uses in drilling,
warning that the development of massive U.S. shale gas reserves could be
held back otherwise. "You can't leave this in the status quo if you think we are going to
have significant shale gas development in the United States," Aldy told
Reuters after a natural gas conference. "I don't think we have the information to assess that," he said. Aldy said the industry could disclose the chemicals voluntarily, as some companies already do, or through regulation. He declined to say whether the Obama administration supports the "Frack Act," a Congressional bill that would require drilling companies to disclose the chemicals and give the Environmental Protection Agency oversight over the industry, which is now regulated by the states. EPA Administrator Lisa Jackson said on Monday she was "very concerned" about the composition of fracturing fluids and that she hoped the agency would conduct a study this year if it obtained funding. U.S. shale gas reserves are estimated to contain enough of the clean-burning fuel to meet national demand for at least a century. A current boom in development has been made possible by fracturing technology that injects water, sand and a mix of chemicals to fracture the shale at high pressure. (Editing by John O'Callaghan) © Thomson Reuters 2010 All rights reserved
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