Bankrupt fracking firm suing New York governor to end moratorium

Posted by Grist: John Upton on December 19th, 2013
Grist: Norse Energy is a failure when it comes to its core business — drilling for gas and oil. Despite America’s huge drilling boom, the company is bankrupt. Unable to turn a profit as a driller, the company has taken to suing governments and officials that limit fracking, blaming them for its undoing. Attorneys for the company’s trustees filed a lawsuit Tuesday against New York Gov. Andrew Cuomo (D) and two state commissioners, claiming that the state’s fracking moratorium had brought about the company’s......

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