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Posted on July 18, 2013

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1. The fracking/real estate conundrum: Are home value declines near wells another multi-billion dollar subsidy for oil and gas industry?

Thursday, December 12, 2013

The fracking/real estate conundrum
Are home value declines near wells another multi-billion dollar subsidy for oil and gas industry?

By Joel Dyer

The New York State Bar Association calls it the “perfect storm begging for immediate attention.” For homeowners who have been caught in the storm, it is an unmitigated economic disaster. But for the oil and gas industry at the center of it all, it is just the latest potential roadblock threatening to derail its plans to quickly drill up our nation’s natural gas reserves before changing laws and growing negative public sentiment permanently alter the prospect for doing so.

fracking real estate property values mortgages low values

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