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NY Drilling Laws

By Vorys

Not everyone is against development.  Last summer, NY imposed a moratorium on horizontal drilling in order to study its environmental impacts.  The NY Chemung County Chamber of Commerce  is encouraging Albany to finish the study and begin drilling, according to this report on WENY-TV.  Lost revenue and jobs is the concern - measured potentially in the billions of dollars.

[Update:  Is it driving development to Pennsylvania?  According to this article from Pressconnects.com, Fortuna is looking south to PA because of the regulatory matters in NY.  (Moved up from an earlier post.)]

Tags: Marcellus, Energy, Environment

Helping clients with their energy and environmental needs

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