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TX Gas Drillers Agree With NY To Report Risks

© Copyright K A and licensed for reuse under this Creative Commons Licence

Two Texas companies that drill for natural gas have signed agreements with New York's attorney general to release information about the financial risks to investors from hydraulic fracturing, a drilling method banned in the state while health officials study its effects.

Agreements with EOG Resources Inc. and Anadarko Petroleum Corp. require them to publicly disclose of risks from chemical handling, wastewater disposal, effects on drinking water aquifers, regulation and litigation.

Both companies say they have no current operations in New York and already disclose much of the information.

The agreements follow 2011 subpoenas from the attorney general's office to various drilling companies about their disclosure practices.

Copyright 2014 The Associated Press

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
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