Gov. McCrory says he will sign Bill that lifts fracking moratorium

(Associated Press) Gov. Pat McCrory says he will sign North Carolina’s fracking legislation into law this week. The bill moved quickly between the Senate and House last week, passing easily. McCrory says that he thinks the bill puts very good rules in place that are comparable to other states.

Fracking is a method of extracting oil and gas by injecting high-pressure mixtures of water, sand or gravel and chemicals into rock. Permits for the practice could be issued by next May. The bill lifts a 2012 moratorium that blocked permits until a state regulatory commission created what supporters called state-of-the-art safety and operating rules.

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Posted on June 4, 2014, in Uncategorized. Bookmark the permalink. Leave a comment.

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