NY shale drilling ban sparks backlash
Dec 03, 2010 | 06:20 AM
|
Steelmakers serving the energy market are facing fallout from a New York State ban on hydraulic fracturing in the state until mid-May 2011.
The New York State Assembly passed the bill in a 93-43 vote last week, sparking angry denunciations from a drilling industry trade group.
"This bill is a job killer, an upstate business killer and potentially an industry killer," Brad Gill, executive director of the Independent Oil and Gas Association of New York State (IOGA of NY), said in a statement.
Gill urged New York Gov. David Paterson to veto the measure. "The governor must be made to understand the vast unintended consequences and act quickly to reject this needless legislation," he said.
The state senate in August had voted in favor of a moratorium on shale drilling until May 2011.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here