Energy

New York Sues U.S. Over Delaware River Basin Gas Drilling

Energy Investing

Bloomberg reports that the federal government has not adequately studied the natural gas drilling in the Delaware River Basin would affect 9 million water drinkers in New York.

Bloomberg reports that the federal government has not adequately studied the natural gas drilling in the Delaware River Basin would affect 9 million water drinkers in New York.

The market news is quoted as saying:

The Delaware River Basin Commission, an authority which oversees activities in the gas-rich area known as the Marcellus Shale, has a pending application from XTO Energy Inc., a unit of Exxon Mobil Corp., to explore in the area, and has refused to produce a full environmental impact assessment, according to Schneiderman’s complaint.

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