Last week, the Obama administration gave what may be its first formal statement favoring hydraulic fracturing, or fracking, of natural gas in a report, Investing in America (pdf). Until now, the Environmental Protection Agency has, generally, been moving slowly on the issue, with initial study results due out this year and a final report in 2014. However, the Investing in America report endorses the safe and environmentally responsible extraction of natural gas.
via Daily Kos: Situation Normal, All Fracked Up: Obama embraces fracking.