EEG 3.70% 26.0¢ empire energy group limited

breaking news - cuomo stalls on fracking ny, page-6

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    The reality of the time delay in approving horizontal fracking in New York State, could very likely come down to January's first NY State Parliamenty meeting, after the November elections, based on this article:

    Musings: Battle Over Fracturing In New York State Is Ramping Up

    "A four-year study of the risks associated with the use of hydraulic fracturing to tap the oil and gas resources in the Marcellus and Utica formations of New York State is coming to a conclusion. A draft proposal suggested limited state approval for drilling and fracturing, but the final study's conclusions have not been released nor has there been a vote on the issue. Expectations are that New York Governor Andrew Cuomo will advocate allowing limited drilling to go forward, but it will require a vote of the legislature, which is not due to return to Albany until January 2013."

    http://www.rigzone.com/news/oil_gas/a/120630/Musings_Battle_Over_Fracturing_In_New_York_State_Is_Ramping_Up


    Time, times and half a time...

 
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