President Obama & Shale Gas Drilling

President Obama pledged support for shale gas drilling in his recent State of the Union Address, with the important detail of a focus on safety. According to a report on Reuters, he also "pressed for" and end to the tax breaks the oil and gas companies currently enjoy.

Representatives of oil companies, citing that regulations would force costs to rise, had previously called for regulation to fall to each state. 

Without actually declaring to be for or against this type of drilling, Obama's common sense approach to the topic of hydraulic fracturing for natural gas acknowledges the need for the industry's expansion as an economic force, while also addressing the health and safety concerns of innocent citizens affected by the practice. 

If you would like to check out the Reuters article mentioned, click here.