Obama Administration Caves To Oil And Gas Industry On Controversial Fracking Rules

 

The American Petroleum Institute (API) is the biggest oil and gas lobby group in the country, spending millions of dollars each year advocating on behalf of over 400 corporations who work in the petroleum industry.

So why is its president, Jack Gerard, speaking on behalf of the Obama administration?

The Hill reports that the Interior Department is set to release a new proposal regulating “fracking,” the controversial oil and gas extraction method in which water, chemicals, and sand are injected into rock formations, on federal lands sometime this week. Their source? Gerard, who said, “I expect [the new regulations] will be out tomorrow or Friday.”

Obama Administration Caves To Oil And Gas Industry On Controversial Fracking Rules.

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