Online Staff Report
SPRINGFIELD, Ill. — The House Executive Committee unanimously approved a bipartisan fracking bill May 21 that would regulate high-volume oil and gas drilling and create an estimated 45,000 jobs in Illinois.
Hydraulic fracturing, more commonly referred to as “fracking,” is the extraction of natural gas and oil from the earth to release the natural gas through horizontal drilling. State Rep. Joe Sosnowski, R-Belvidere, a member of the committee, said the plan is welcome news for Illinois.
“This is a good bill that will offer a low-cost source of energy that will benefit small businesses and families alike,” Sosnowski said. “With this legislation, Illinois will lead the United States toward energy independence in a safe, productive way, while creating thousands of jobs.”
More than a year of negotiations involving both energy and environmental organizations resulted in this bi-partisan agreement that permits high-volume fracking while enforcing some of the nation’s strictest water and air protections.
“This piece of legislation was created by a bipartisan group of lawmakers, business leaders and environmentalists,” Sosnowski said. “It represents the strongest set of hydraulic fracturing regulations in the nation — for the public water supply, for air and for public health and safety.”
Senate Bill 1715 now moves to the full House for further consideration.
Posted May 21, 2013