logo
Share SHARE
FONT-SIZE Plus   Neg

Dow Chemical Welcomes President's Executive Order On Shale Gas - Quick Facts

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Carnival Corporation & plc (CCL, CCL.L, CUK) reported a profit for the third-quarter that increased 17 percent from the prior year. The company said it is well on track to deliver nearly 25 percent earnings growth in 2016. It raised adjusted earnings per share guidance for 2016. Samsung Electronics Co., Ltd. said it will delay restarting the sale of its Galaxy Note 7 phone in South Korea. The decision is said to reflect the requirement of more time for the global recall as dozens of devices caught fire. Shares of Marinus Pharmaceuticals Inc. (MRNS) have gained over 35% in the last seven trading days in the run-up to the exploratory phase II study results of Ganaxolone, scheduled for this month.
comments powered by Disqus
Follow RTT