...The fate of bills before Congress related to regulation of hydraulic fracturing is critically important. Congress exempted hydraulic fracturing from regulation under the Safe Drinking Water Act in 2005, but a bill was introduced last summer to federally regulate hydraulic fracturing under the act.
Regulations developed by the EPA under such a bill are unknowable at this time, but they could be expensive. Congress continues to debate the need for broader regulation and has asked the EPA to study the impacts of hydraulic fracturing on drinking water sources.
The industry needs a better, more effective way to advocate and communicate the benefits of fracturing to media, to the public, and to officials whose decisions could impact the future of the technology — and of the nation’s efforts to achieve energy independence.
Claude Cooke. "Industry responds to public take on hydraulic fracturing." Hart Energy E & P. Mar. 1, 2010.
See: Tom Hamburger and Jim Puzzanghera. "Obama a business booster in Chamber of Commerce speech." LA Times. Feb. 7, 2011.
President Obama seeks fresh start with the U.S. Chamber of Commerce, with whom he has had a prickly relationship.
Obama sought to distinguish between inefficient government regulation of the kind he raised in his State of the Union speech — over things like salmon — and a more legitimate government role in areas such as the environment.
"Even as we work to eliminate burdensome regulations, America's businesses have a responsibility to recognize that there are some safeguards and standards that are necessary to protect the American people from harm or exploitation," he said Monday. "Few of us would want to live in a society without the rules that keep our air and water clean … yet when standards like these have been proposed, opponents have often warned that they would be an assault on business and free enterprise."
The audience welcomed Obama with a standing ovation and laughed politely when he joked they "would have gotten off on a better foot if I had brought over a fruitcake when we first moved in."
But there was little hearty applause, and after the president shook a few hands and walked back to the White House, Chamber members were guarded in their reviews of his message.
See: Pew Environment Group (PEG) Factsheet: Industry Opposition to Government Regulation (PDF), October 14, 2010.