As oil and gas drilling explodes nationwide, the Obama administration today proposed rules requiring the disclosure of chemicals used to extract these deposits on public and Indian lands. Environmentalists say the rules don’t go far enough but an industry group says they may stifle job growth with “bureaucratic red tape.”
The proposed rules require companies to disclose the chemicals used during hydraulic fracturing, or fracking, but do so after (not before) they finish operations. About 90% of wells drilled on federal and Indian lands use this drilling process, which blasts chemical-laced water and sand deep below ground to release oil and natural gas trapped in rock formations.
ouuu scary,could hurt job growth.