North Carolina Enacts Law Allowing Hydraulic Fracturing

The North Carolina Governor has signed the 2014 Energy Modernization Act, which lifts a 2012 ban on hydraulic fracturing in the state. On June 4, 2014, North Carolina Governor Pat McCrory signed the Energy Modernization Act of 2014 (SB 786) into law, allowing oil and gas extraction using hydraulic fracturing and horizontal drilling methods.  The…