Industry representatives say DEC hydrofracking rules may keep drillers out
We can stop this, but we need your help! As of Monday, only 1,096 comments have been submitted, according to DeSantis. Deadline is December 12 2011. Four public hearings will be held in November, including Nov. 16 in Dansville, Livingston County, and Nov. 17 in Binghamton. DEC said the agency "NY will not cut corners in New York when it comes to protecting public health and environment."
Chip Northrup posted a guide to submitting a comment here. http://www.youtube.com/user/northrup49#p/a/u/0/deNiK_nl1jQ
Or if you want to do it by mail the address is
Bureau of Oil and Gas Regulation
NYSDEC division of Mineral Resources
625 Broadway, Third Floor
Albany, NY
Many are still on the fence about this; yesterday an article in the NY times concerning property values was released. Bankers and real estate executives, especially in New York, are starting to pay closer attention to the fine print and are raising provocative questions, such as: What happens if they lend money for a piece of land that ends up storing the equivalent of an Olympic-size swimming pool filled with toxic wastewater from drilling? Fearful of just such a possibility, some banks have become reluctant to grant mortgages on properties leased for gas drilling. At least eight local or national banks do not typically issue mortgages on such properties. Some real estate agents have started raising red flags. “When you decide to sell your house you may find it difficult to do so because many banks, here and elsewhere, will not mortgage properties with gas leases, which, in turn, limits the number of buyers willing and able to buy your property,” It’s not just well pads, gas wells require pipe lines, meter stations, which will mean compressor stations, gas holding facilities…any number of which may go through your neighborhood.
http://www.nytimes.com/2011/10/20/us/rush-to-drill-for-gas-creates-mortgage-conflicts.html?_r=1
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