Fracking bill passes California state Assembly

Reuters: A hotly contested bill that would impose California's first regulations on fracking and other oil production practices passed the state Assembly on Wednesday, despite opposition from environmentalists and oil companies. Fracking, or hydraulic fracturing, is the practice of injecting water, sand and chemicals underground to crack rock formations and free up oil and natural gas. The technology makes it possible for oil companies to unlock California's vast Monterey Shale deposit, which is estimated......

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