Despite Reg Rollbacks, Fracking Businesses Struggle Due to Oil and Gas Glut

A judge on Friday upheld the Trump Administration’s rollback of environmental standards for fracking on federal land saying that the President’s rule change met the “low bar” of providing enough explanation to stand, The Hill reported The Obama rule required companies to say what chemicals they use in fracking, make them cover surface ponds that contain fracking fluids and also set well construction.

Why This Matters:  This rollback is on top of the suspension of enforcement of environmental rules that the Administration announced on Thursday.

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