Next week, officials from the N.C. Mining and Energy Commission will be in Raleigh for one of four scheduled public meetings about hydraulic fracturing — fracking. JLF’s Jon Sanders’ new report on fracking looks at common questions and misconceptions.
“Exploration for and recovery of natural gas in North Carolina holds the promise of job creation, wealth creation, revenue generation, and a new domestic industry in the state,” said report author Jon Sanders, JLF Director of Regulatory Studies. “Yet the process of hydraulic fracturing — ‘fracking’ — has raised several concerns. Some are legitimate questions informed by a reasonable skepticism. Others are fears fanned by activists and environmental pressure groups.”
As I blogged recently, the lifting of North Carolina’s moratorium on fracking has at least two area entrepreneurs eyeing how their products can not only help the industry but, in the process, expand their businesses.