Saturday, August 2, 2014

FRACTURED FRACKING?

A-fracking we will go.

Maybe, that is, if you live in Colorado you might go but with some serious restrictions if a group of environmentally-inclined voters get there way this November. 

As the deadline for ballot measures to qualify on the ballot ends this coming week, three initiatives, two of them not so friendly to energy firms, according to the Wall Street Journal, already have the necessary number of signatures to qualify.

For every action you can bet there will be a reaction and, sure, surplus energy, vis a vis, hydrocarbons, can up to a point be a good thing. Two of the initiatives if adopted would limit energy companies from drilling within 2,000 feet of schools and homes and would allot local governments more say in regulating energy projects.

For the other side, backed by oil and gas firms and some big-named Democrats, is an imitative that would ban local communities that prohibit development from receiving funds paid to the state by the drilling companies.

So far all the signatures must be verified by the secretary of state's office. The issue has flared up recently and from the looks of things is hardly unique to Colorado. Cheap energy despite all the hoopla about America's so-called good fortune, may never trickle down to Main Street.

If anything it shows just how fractured the nation remains.



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