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Bulgaria Officially Bans Hydraulic Fracturing for Natural Gas

The country of Bulgaria just thwarted Chevron and took a big step forward for the environment by banning hydraulic fracturing (or fracking) for natural gas, making it the second European nation to do so — France is the other. Lawmakers in the Bulgarian parliament voted 166-6 to ban fracking and placed a $65 million fine for any company found to break the ban. Chevron corporation is outraged at the decision in light of their recent plan to explore possibilities of fracking in the Bulgarian Balkans in order to extract the 300 billion to 1 trillion cubic meters of shale gas estimated to be locked under the mountain range.

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