breaking news - cuomo stalls on fracking ny, page-4

Yes, good comments and article quotes, Macropunter.

I like your quotations of the Republicans and Democrats Policy platforms, both keenly in favour of fracking Natural Gas.

Worth quoting your comment again:
"Here are excerpts from each party's platform:

Democrats: "Our dependence on foreign oil is now at a 16-year low, and a new era of cheap, abundant natural gas is helping to bring jobs and industry back to the United States. We will continue to advocate for the use of this clean fossil fuel ... ."

Republicans: "All estimates of America's oil and natural gas reserves indicate an incredible bounty for the use of many generations to come. At a time when unemployment has been above 8 percent for 42 consecutive months ... we should be pursuing our oil and gas resources.''"

It's inevitable, certainly after November, when whoever wins the elections, will be pressing forward in passing the legislation Federally and State to allow permits for fracking.

Very likely such legislation won't be limited to only 5 Counties in New York State, but will need to be non-discriminatory for towns and Counties to chose, all across New York State.

But, it seems that's all going to take a few more months of patience, to see those legislative developments, formalise.

All good though, for EEG's golden nest egg!

Meantime, if the USA doesn't get its act into gear, Australia and China and other countries will beat the USA in the Natural Gas export race ...unless of course the Greens in Australia get their way for a 5 year moratorium on fracking in Australia.

He who hesitates is lost...