Trends in Domestic Regulation of Shale Development
First published in World Oil, March 2015
By Larry Nettles and Jay Rothrock
As America’s recently reinvigorated oil and gas industry wrestles with the current drop in world oil prices, U.S. regulators remain hard at work, at both the federal and state levels.
While this sharp decline in oil prices has introduced significant uncertainty, as to the scale of hydraulic fracturing operations in the short term — companies have slashed their 2015 capital spending plans, and the number of active drilling rigs continues to decline — the regulatory landscape surrounding hydraulic fracturing is clearer than it has ever been, and promises to become increasingly well-defined in 2015. Read the entire article here.