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Message: Gas industry tackles issues on fracking

http://business.financialpost.com/2012/03/22/gas-industry-tackles-issues-on-fracking/?__lsa=094ab133

Yet the policies are not good enough for Quebec, which is in the midst of an environmental review, even though gas development is a crucial part of its multibillion-dollar Plan Nord.

Calgary-based Questerre Energy Corp., which has a significant interest in Quebec’s Utica/Lorraine shale gas plays, says the province could generate up to 19,000 jobs each year and $1.1-billion in economic value if it allowed full development of the shale-rich fields.

“The industry is frustrated with Quebec,” says one industry executive, who does not expect the province to complete its review anytime soon. “They could have allowed work to continue, but they have chosen not to and it’s certainly not right,” he said, arguing that public backlash and hysterical concerns have changed the narrative on fracking.

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