Obama forms task force on natural gas development

04/15/2012 | Hill, The · IndustryWeek · ICIS News (U.K.) · Wall Street Journal, The

The Obama administration is creating a task force that will coordinate with federal agencies on the oversight of domestic natural gas development. The task force would ensure that natural gas drilling techniques, particularly hydraulic fracturing, are conducted properly, the administration said. "The full potential from shale gas will only be realized with sound state regulatory policies that allow for aggressive production in an environmentally responsible way. A coordinated approach to regulation can certainly help. We will be watching closely as the president's initiative develops," the American Chemistry Council said.

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