Sunday, January 22

Owners turning against leasing land for ‘fracking’

Nearly half of the landowners who have leased their property to shale gas developers in the north-eastern United States regret doing so, despite the money, according to a new report by Deloitte.

In findings that will intensify opposition to the controversial process of hydraulic fracturing, or “fracking” some 47 per cent of respondents in the “new shale” states of Pennsylvania and New York, who have rented out their land, said they would not repeat the experience.

Delloite says 48 per cent of respondents would advise family and friends against leasing their land for fracking, the process which blasts sand, chemicals and water into shale – a fissile sedimentary rock – to release the oil and gas it contains.


Coalition to Protect New York

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