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:LaHood Opinion: Approved fracking rules mean economic growth for Central and Southern Illinois

PRINGFIELD – As children head back to school, the summer fair season is wrapping up, but is always ends with our state’s two largest celebrations of agriculture -- the Illinois State Fair in Springfield and its southern Illinois cousin – the DuQuoin State Fair. Agriculture is the basis of the Illinois economy and it looks like Illinois farmers have the potential to have another good year. Our Illinois agricultural industry is on track for back-to-back quality years after dealing with historic drought in 2012. The easiest way to tell whether or not producers have had a good year, is if tax revenues are up. One-quarter of Illinois’ economy is based in the agriculture sector and it should be a top priority of the legislature to enact policies that allow the sector to grow. Illinois is the third largest producers of commodities in the United States and we continue to expand our agricultural reach throughout the world. - See more at: http://www.senatorlahood.com/Media/News/NewsDetails/TabId/795/p/16719/v/2000/-LaHood-Opinion-New-911-Dialing-Law-Further-Protects-Safety-of-Illinoisans.aspx
SPRINGFIELD – As children head back to school, the summer fair season is wrapping up, but is always ends with our state’s two largest celebrations of agriculture -- the Illinois State Fair in Springfield and its southern Illinois cousin – the DuQuoin State Fair. Agriculture is the basis of the Illinois economy and it looks like Illinois farmers have the potential to have another good year. Our Illinois agricultural industry is on track for back-to-back quality years after dealing with historic drought in 2012. The easiest way to tell whether or not producers have had a good year, is if tax revenues are up. One-quarter of Illinois’ economy is based in the agriculture sector and it should be a top priority of the legislature to enact policies that allow the sector to grow. Illinois is the third largest producers of commodities in the United States and we continue to expand our agricultural reach throughout the world. - See more at: http://www.senatorlahood.com/Media/News/NewsDetails/TabId/795/p/16719/v/2000/-LaHood-Opinion-New-911-Dialing-Law-Further-Protects-Safety-of-Illinoisans.aspxA seemingly insolvable $100 billion pension deficit has thousands of Illinoisans running for the hills and credit rating agencies issuing more negative reports.

Peoria, Ill. – Nearly two years after the Illinois General Assembly passed the “Hydraulic Fracturing Regulatory Act,” the final rules that will govern the “fracking” process were approved on November 6 by the Joint Committee on Administrative Rules (JCAR). As Illinois’ unemployment rate still remains higher than its surrounding states and its overall fiscal climate pales in comparison to the rest of the nation, the final approval of fracking regulations could not have come at a better time for Central and Southern Illinois.

Hydraulic fracturing or as it’s commonly known as, “fracking,” is the extraction of natural gas and oil from the earth through horizontal drilling. The extraction process uses sand, water and sometimes gas mixtures to break into the underground rock formations to release the natural gas or oil.   

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