Page 4 - Fracking Fluids News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> you see in the report. the reference to radium, saying this is terrible stuff. in another context you wouldn't allow under epa rules. why is it allowed here? >> well, the -- that is a difficult question to answer. the situation with regulation, with respect to state, federal regulations for this industry is abysmal. no one is minding the store. no one looking into this. >> because it is new? >> i think it is because of many, many years of watching that whole regulatory system collapse. in terms of hydraulic fracturing, those fracking fluids themselves they're except from the safe drinking, ...

And we believe that each of the environmental impacts is manageable, but we have to manage them. we have to make sure best practices are employed and that new technologies are employed to capture methane, to recycle water use, to move towards natural gas engines replacing diesels for air quality. so there are many steps we need to take and we are working with industry to do that. just recently, i'll just add, that at the department of energy my advisory board produced a report, for example, on how we can move forward on better transparency in terms of what the fracking fluids are. >> and lastl...

Sudden the prices skyrocket again. >> you wrote that fracking, is about producing cheap energy the same way the mortgage crisis was about helping realize the dreams of middle class home owners. where is fracking in terms of modern day, and is it going to be that we will watch explode to come back to bite us in the butt down the line. ? >> it's something that we to not know. that is part of the problem right now. s that booming technology without much oversight, there's no federal regulatory oversight on the fracking operations, they are saall operated by the individual state. there's questions...

With the new gillette fusion proglide styler. ♪ yeah [ male announcer ] new fusion proglide styler from gillette. many americans believe fracking is an unsafe drilling practice that is ruining the environment and making american people sick. today, breaking news the obama administration interior department is drafting rules requiring companies to disclose the chemical make up of fracking fluids. the proposed rules would also require drillers to make sure waste water does not leak in the environment according to reuters. josh fox is the journalist who brought this to the world's attention w...