On Friday, the Obama administration put forth the first major federal standards regulating hydraulic fracturing—the oil and gas extraction technique commonly referred to as fracking. The regulations will, among other things, require companies working on public lands to reveal which chemicals they used in their drilling processes. But as the New York Times notes, the impact of the new rules will be limited since most fracking in the United States takes place on private land. From the Times story:
The regulations, which are to take effect in 90 days, will allow government workers to inspect and validate the safety and integrity of the cement barriers that line fracking wells. They will require companies to publicly disclose the chemicals used in the fracturing process within 30 days of completing fracking operations.