Updated 11/28/2012 05:16 PM
Panel discusses hydrofracking outlook
Some hydrofracking groups in New York State say they are getting closer to seeing the highly controversial practice legalized. Our Lori Chung has more on why they are so hopeful.
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ALBANY, N.Y. -- "It's not just about gas companies making money. Every single industry, from car dealerships, to realtors," said Cobleskill Mayor Mark Galasso.
All stand to benefit from gas development in New York according to advocates pressing the case for tracking the Marcellus shale.
"The average salary for core industry jobs in Pennsylvania is $89,000,” said Brian McMahony, New York State Economic Development Council Executive Director.
The panel convened by the Associated General Contractors of New York State, hopeful that after four years of legal and political wrangling, legal high volume horizontal fracking may be in sight, citing a decision by the governor to extend the DEC's regulatory review of the process for 90 days.
Attorney Yvonne Hennessey said, "There'll be revised rules hopefully in mid December and then there'll be a short comment period. There's no need for a public hearing."
An optimistic timeline after years of debate. Some advocates here slamming environmental groups who have raised concerns about groundwater contamination and health risks for fear mongering. But those seeking protections remain vigilant about protecting the state.
“The governor has takes three experts to review the health impacts of fracking here in New York State and we want to make sure that those experts have the time to do the job right, so there should be no false political deadlines put on them," said Katherine Nadeau, Environmental Advocates of New York Program Director.