Bans and New Rules Make Gas Drilling’s Future Uncertain in New York

New York Times: In three decades of drilling, John C. Holko said, his oil and gas business has never faced such a hostile environment. Years after he negotiated leases for gas drilling in upstate New York, strict rules on hydraulic fracturing that state environmental officials proposed threaten to put 20 percent of that land off limits, he estimated. And local drilling bans adopted by town boards could put him out of business altogether, he said. "Why should I put money in the ground if any one of the towns can...

URL: http://www.nytimes.com/2013/01/04/nyregion/bans-and-new-rules-make-gas-drillings-future-uncertain-in-new-york.html
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