-By Warner Todd Huston | Watchdog Arena
Hes is my second piece at the Watchdog…
Even as fracking finally came to Illinois, it came at the worst time in the market for oil. This advancement, however, was not made easily. Resistance to the measure was heavy, replete with tough regulations.
In 2013, after then-Governor Pat Quinn signed the bill authorizing fracking, many hoped that the new rules would bring much-needed jobs to a state with one of the worst economies and job climates in the country.
But in recent months the price of oil collapsed, making fracking operations inside the U.S. much less profitable. For Illinois, it has been nearly too late to cash in. Could Illinois have avoided being too late to profit off of fracking?
Things could have gotten off to a better start. The Democrat-led state legislature dragged its feet on regulations and implementation for over a year and a half. By the time regulations were finished, the boom was on the wane….
Read the rest here.
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Illinois’ Slow Start to Fracking Still Faced Stiff Resistance”
For the extreme left, hydraulic fracturing (known as colloquially as fracking) is the newest bugbear. There are all sorts of false claims about what it “does” to our water and our environment. So, with this anti-fracking crusade crackling along the Internet tubes, most left-wing states are lining up against allowing the natural gas drilling practice to be used within their borders. But Illinois is bucking that left-wing trend.
A formal complaint has been filed with a New York lobbying board to investigate whether Yoko Ono, Robert De Niro and nearly 200 other celebrities have violated state laws with their Artists Against Fracking activist group.