Fracking Fizzles in Michigan

Just two years ago Michigan was well on its way to becoming Pennsylvania West — following in that state's footsteps as the next hotbed of natural gas exploration and production. Since that time, the plummeting price of natural gas and concerns over the technology used to extract it — hydraulic fracturing — have brought the expected boom to a standstill.
May 25, 2012
 

Just two years ago Michigan was well on its way to becoming Pennsylvania West — following in that state's footsteps as the next hotbed of natural gas exploration and production. Since that time, the plummeting price of natural gas and concerns over the technology used to extract it — hydraulic fracturing — have brought the expected boom to a standstill.

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