As reported by The New York Times on June 28, "Federal lawmakers called Tuesday on several agencies, including the federal Securities and Exchange Commission, the Energy Information Administration and the Government Accountability Office, to investigate whether the natural gas industry has provided an accurate picture to investors of the long-term profitability of their wells and the amount of gas these wells can produce."
These calls come amid growing questions about the environmental and financial risks surrounding natural gas drilling and especially the technique known as hydraulic fracturing, or hydrofracking, used to release gas trapped underground in shale formations.
Members of the House Committee on Natural Resources say they hope to hold a hearing in the next several weeks to discuss natural gas drilling.
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