Deep Creek Lake Real Estate Blog - Jay Ferguson

Deep Creek Lake Real Estate Blog - Jay Ferguson
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Wednesday, March 7, 2012

Fracking opponents want fee on land leased for drilling; bill would create $10-per-acre charge

By Associated Press, Published: March 6

ANNAPOLIS, Md. — Opponents of using new hydraulic fracturing drilling techniques in western Maryland joined state officials Tuesday in asking lawmaker to support a fee to fund a study of potential environmental impacts.

Industry officials, meanwhile, turned out in Annapolis to warn members of a Senate committee not to turn away what could be an economic boon for two western counties.

The $10-an-acre fee would apply to lands leased for hydraulic fracturing, a drilling method that extracts the gas by blasting through layers of shale rock with a combination of water and chemicals. The bill would use the fee to pay for a study commissioned by Gov. Martin O’Malley.

Sen. Brian Frosh, a bill sponsor, said the governor has asked a state panel to examine the impacts “but it can’t fully do its work because it doesn’t have the money.”

More here.


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