Friday, February 21, 2014

E. Donald Elliott: Obama's Shale Gas Trojan Horse

An offer to help local governments develop the booming energy source may cost the industry plenty

 

President Obama has floated a curious but potentially far-reaching proposal that has not attracted the attention it deserves.

On Jan. 28, the White House website posted a fact sheet accompanying the State of the Union address, "Opportunity for All: Key Executive Actions the President Will Take in 2014." Mr. Obama called for Congress to join with him and with state and local governments to create "Sustainable Shale Gas Growth Zones." The goal is to "make sure shale gas is developed in a safe,...

READ MORE:  http://online.wsj.com/news/articles/SB10001424052702303650204579375430883375684?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303650204579375430883375684.html

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