Sunday, June 12, 2011

France Considers Banning Natural Gas Drilling--1st in Europe

EXCERPT:
"Amid growing concern over the environmental impact of drilling for shale gas
and oil, the French government is considering banning exploration in the
country—a first in Europe."

APRIL 19, 2011
PARIS—
U.S. oil company Toreador Resources Corp. (has bet big on pumping millions of barrels of oil locked away in deep
shale rock formations in northeastern France. But it could be some time
before this oil sees the light of day.

Amid growing concern over the environmental impact of drilling for shale gas
and oil, the French government is considering banning exploration in the
country—a first in Europe.