The US Forest Service has drafted a plan that will ban fracking in parts of the George Washington National Forest. I guess the Forest Service feels the need to make a decision before the EPA concludes its study on Hydraulic Fracturing. The worry is this policy might expand if it is allowed. Hopefully, we’ll get some common sense here. As we approach a potential default on our debt, we could probably use the extra tax dollars.
“In a congressional hearing Friday, House Republicans criticized a draft plan by the Forest Service to prohibit hydraulic fracturing in certain parts of the George Washington National Forest, a 1.1-million acre forest stretching across Virginia and West Virginia.”"Speaking at Friday’s hearing, a top official with the Forest Service rejected the idea that the plan for the forest represented a broader policy goal.”
“The plan ‘is place-specific,’ said Joel Holtrop, deputy chief of the Forest Service. It ‘does not represent a broader policy with respect to hydraulic fracturing.’ “
Read the full news release at nasdaq.com