Billionaire Father Of Fracking Says Government Must Step Up Regulation

Billionaire Father Of Fracking Says Government Must Step Up Regulation by Christopher Helman, July 19, 2012, Forbes
It was Mitchell who in the 1990s, as the wildcatting boss of Mitchell Energy & Development, pioneered the oil and gas drilling techniques now known as “fracking.” So it was surprising to hear Mitchell say yesterday that he is in favor of more government regulation of fracking. … So why does Mitchell think fracking needs to be controlled? “Because if they don’t do it right there could be trouble,” he says. … “If they do something wrong and dangerous, they should punish them,” Mitchell says.

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