Posted on 11/03/2017 6:30:42 PM PDT by sparklite2
SPRINGFIELD, Ill. (AP) -- The first company to obtain a permit for fracking in Illinois announced Friday it won't use it, citing market conditions and the state's "burdensome and costly" regulations.
"The process we have gone through to receive a permit was burdensome, time consuming and costly due to the current rules and regulations of the state of Illinois, and it appears that this process would continue for future permit applications," Woolsey vice president Mark Sooter said in a statement.
The Illinois Legislature in 2013 passed a law regulating fracking. At the time, the law was considered one of the most stringent in the nation. But oil prices soon dropped, and companies that secured leases to frack put their plans on hold.
(Excerpt) Read more at hosted.ap.org ...
Demoncraps always pretend to be in favor of “jobs” and the “economy” but ofc they are comprehensive liars. They put leftist ideology first every time.
Same with governor Cueball here in NY.
Upstate can drop dead for all he cares.
Lets drill in another state, Illinois doesn’t need the jobs.
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