Even though new standards regulating hydraulic fracturing introduced by President Obama today only apply to drilling on leased federal land and land owned by American Indian tribes, oil and natural gas drillers say there's no evidence to warrant the rigid standards, and they're planning to take the administration to court.
The Interior Department's Bureau of Land Management released the new standards earlier today, and the Independent Petroleum Association of America (IPAA) and Western Energy Alliance's lawsuit was announced less than an hour later.
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