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For Release — May 13, 2015

The Business Council of New York State’s statement on release of the Final Supplemental Generic Environmental Impact Statement (SGEIS)

ALBANY, N.Y.—“After seven years, it is profoundly disappointing that fear and misinformation have won the day. The Business Council and its members devoted significant time and effort to the development of rigorous regulations that would allow high volume hydraulic fracturing to be done safely in New York. Unfortunately, the Department of Environmental Conservation ignored their statutory responsibility to promote the development of New York’s plentiful oil and gas resources,” said Heather C. Briccetti, Esq., president and CEO. “We are confident that today’s decision will ultimately be reversed. But for many New Yorkers looking for new jobs and new economic opportunity, that day will come too late.”