On Bauer Business Focus — A conversation on the effect of upcoming environmental regulations with Andrew Schneider, business reporter for KUHF 88.7 FM.
A recent study from the U.S. Department of Energy (DOE) found no links between chemicals in hydraulics for fracking and water contamination. As the U.S. Environmental Protection Agency (EPA) begins a separate study, upcoming regulations may bring about changes to the industry.
Daniella Landers, a partner for Sutherland, Asbill & Brennan LLP, stopped by Bauer Business Focus recently to discuss the implications of upcoming environmental regulations.
“The Department of Energy’s study was consistent with other studies, and I think we’ll find that the EPA will not find anything that’s inconsistent,” Landers said. “I think what’s generally believed is that any contamination is going to be related to improper operator error, or well structuring, so it’s likely the EPA will focus on regulations designed to look at address well and operator errors as opposed to chemical issues.”
While the energy industry is waiting on the outcomes of the EPAs study, Landers does not foresee any sweeping changes.
“I am not sure it will have a negative impact on the pace of fracking and exploration production,” Landers added. “There was a study done recently showing that the increase regulation hasn’t had an impact at all on the development in that area.”
Click here to hear the full interview.