This piece provides a basic insight into the way climate change in conjunction with environmental and public health concerns have triggered a regulatory response by National, State and Local Governments. It will focus on shale gas regulations and not those pertaining to tight sandstones or coal bed methane.A key element in the emergence of unconventional oil and gas development in shale formations has been the refinement of cost-effective horizontal drilling and hydraulic fracturing technologies. Both horizontal drilling and hydraulic fracturing…

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via OilPrice.com Daily News Update http://oilprice.com/Energy/Energy-General/A-Look-at-Unconventional-Oil-and-Gas-Regulations.html