Dow Chemical Co. (DOW) issued a statement applauding President Obama's Executive Order commissioning an interagency working group to support the safe and responsible development of the country's vast shale gas resources.
"We are pleased with the signing of this Executive Order and consider it a vital step toward ensuring that federal regulation of hydraulic fracturing for shale gas is not overly burdensome and duplicative of state efforts, and addresses real risks using sound scientific data," stated Andrew Liveris, chairman and CEO of The Dow Chemical Company.
"Smart policy paves the way for business planning, and today's announcement will help U.S. companies to responsibly capitalize on the tremendous shale gas opportunity, which will lead to further investment on our soil and thousands of job opportunities for Americans," said Andrew Liveris.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.