US Energy Chief Doesn't Favor Ban on 'Fracking' for Gas

Oil & Natural Gas / Gas Shales / Development Technology, Hydrofracking

Date posted: 01/23/10

U.S. Energy Secretary Steven Chu said Friday he would not favor a ban on "fracking," a now-common drilling method that XTO Energy (XTO) and other natural-gas companies use to produce gas from hard shale-rock formations that have recently become a major source of natural gas.