IL Fracking Rules Arrive on Friday
The Chicago Tribune reports that “highly anticipated rules to regulate hydraulic fracturing in Illinois are to be unveiled Friday.”
“Once the rules go into effect, Illinois hopes to become the center of the next oil boom. Fracking, which involves injecting fluids and chemicals at high volumes to crack open shale rock and unleash oil and natural gas, could bring bring jobs to a struggling southern Illinois economy. Ilinois also is counting on tax revenue on extracted oil and gas to fatten state and county coffers.”
“A year ago a draft version of the proposed rules proved controversial, drawing about 30,000 comments, mostly from anti-fracking groups who sought to delay the law from taking effect.”