McCarthy blames 'misconceptions' for opposition to EPA fracturing rules

WBM Management Inc.
By Edward Felker on June 19, 2012
A top federal official on Tuesday rejected industry complaints that the Environmental Protection Agency underestimated the costs to drillers to comply with new hydraulic fracturing air pollution regulations.
Oil and gas companies and their trade associations have argued that EPA was wrong to project that drillers will gain up to $19 million in net annual income from the sale of captured methane at natural gas well sites if they complied with the regulations where fracturing is used.
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