• News
  • Celebrities
  • Finance
  • Crypto
  • Travel
  • Entertainment
  • Health
  • Others

Pelosi: Oil and gas operators should want to disclose chems used in fracking, for legal protection

Echoing sentiments expressed to the Colorado Independent by U.S. House Leader Nancy Pelosi, D-Calif., more than 49 percent of the shareholders of an oil and gas company in the Permian Basin of West Texas recently asked for more transparency in hydraulic fracturing operations.

Image has not been found. URL: http://images.americanindependent.com/nancy-pelosi-80-x-80.jpgNancy Pelosi

Pelosi last week told the Independent that oil and gas operators should want to publicly disclose all the chemicals used in hydraulic fracturing, or “fracking,” as protection against future litigation. Critics of the process claim it can lead to the contamination of groundwater supplies with chemicals that are kept secret from the public for proprietary reasons.

Nearly half of the shareholders of Energen Corporation recently supported “increased transparency and accountability around its hydraulic fracturing operations,” according to SEC filings. Still, a slight majority voted to maintain the status quo.

“This vote is the highest on record for this issue and is among one of the highest votes for any environmental proposal,” Luan Steinhilber of Miller/Howard Investments said in a release. Miller/Howard filed the proposal at Energen. “In addition to the 49.5 percent voting yes among all those voting yes or no, a sizeable percentage of the voting shareholders declined to support management’s recommendation to oppose the resolution, and instead voted to ‘abstain.’

“This is a wake-up call for the company to increase disclosure on how it is managing and reducing potential risks associated with its fracturing operations,” she added.

Colorado Congresswoman Diana DeGette has once again proposed the Fracturing Responsibility and Awareness of Chemicals (FRAC) Act to better regulate hydraulic fracturing, in which water, sand and chemicals are injected under high pressure into natural gas wells to free up more gas. DeGette has spearheaded recent congressional studies showing diesel fuel and 29 different human carcinogens have been used in fracking operations.

Oil and gas industry representatives countered that fracking occurs too deep to contaminate shallow drinking water supplies and that federal oversight is unwarranted because there is no evidence of fracking tainting groundwater.

Shareholders at Carrizo Oil & Gas, ExxonMobil, Chevron and Ultra Petroleum will have an opportunity to vote on the issue in coming weeks.

Discussion & Comments (0)

    Recent Articles

    • Things You Should Know about North America

      Things You Should Know about North America

      Get to know more about North America.

    • Eurovision 2010 Paula Seling Unpredictable Contest

      Eurovision 2010 Paula Seling Unpredictable Contest

      Paula Seling's experience on the Eurovision stage led her to declare that "Eurovision is an unpredictable contest". Which may explain the success of the young Lena from Germany, about whom the predictions before the event did not offer much chances for victory.

    • VIPRow.me - The Best Sports Streaming Website Today

      VIPRow.me - The Best Sports Streaming Website Today

      Have you ever contemplated creating a user-friendly site dedicated to sports-related free live streaming channels?

    • Learn How To Download, Install, And Use The Xnxubd 2022 Frame App

      Learn How To Download, Install, And Use The Xnxubd 2022 Frame App

      XNXUBD 2022 Nvidia users are able to watch thousands of videos and other contents online. XNXUBD 2022 Nvidia New is a piece of software that enables people to watch videos online without having to pay for memberships. On a graphics card, the XNXubd also provides some of the best gaming and virtual reality experiences.

    • Xvideostudio Video Editor Apk Free Download For Pc Full Version In 2022

      Xvideostudio Video Editor Apk Free Download For Pc Full Version In 2022

      A new edition of the Video Editor Apk for xVideostudio.Video Studio has all the latest features, including support for multiple video download formats in HD, FHD, and even 4K resolutions.

    • 9 Best Lotion For Masturbation - Popular Choice For 2022

      9 Best Lotion For Masturbation - Popular Choice For 2022

      Masturbation is a common activity for men and women. It's a natural and risk-free way to explore your body, experience pleasure, and release sexual tension.

    • Reasons Why You Need To Stop Watching Movies From Sflix

      Reasons Why You Need To Stop Watching Movies From Sflix

      Without having to sign up or pay anything, you can watch movies online for free with SFlix. It has more than 10,000 movies and television shows.

    • Coi Leray Mom And Dad's Family History & Wife, Explained

      Coi Leray Mom And Dad's Family History & Wife, Explained

      Coi Leray Collins (born May 11, 1997) is a rapper from the United States. Leray started publishing songs to SoundCloud in 2014, and in 2018 she released her breakthrough track "Huddy" as well as her first mixtape, Everythingcoz.

    • Listen And Download Music On MyFreeMP3 For Free

      Listen And Download Music On MyFreeMP3 For Free

      Are you in a bind and looking for a place to obtain free mp3 songs? Never again will you need to bother, since this article has everything necessary to obtain your solution. Download free music from MyfreeMP3.com, one of the world's most popular websites.