UIC Law Review Volume 49 Issue 2 Article 7 Spring 2015 Underbalanced Drilling: Can it Solve the Economic, Environmental and Regulatory Taking Problems Associated with Fracking? 49 J. Marshall L. Rev. 511 (2015) Richard Roddewig W. James Hughes Follow this and additional works at: https://repository.law.uic.edu/lawreview Part of the Energy and Utilities Law Commons, Environmental Law Commons, and the Oil, Gas, and Mineral Law Commons Recommended Citation Richard J. Roddewig & W. James Hughes, Underbalanced Drilling: Can it Solve the Economic, Environmental and Regulatory Taking Problems Associated with Fracking? 49 J. Marshall L. Rev. 511 (2015) https://repository.law.uic.edu/lawreview/vol49/iss2/7 This Article is brought to you for free and open access by UIC Law Open Access Repository. It has been accepted for inclusion in UIC Law Review by an authorized administrator of UIC Law Open Access Repository. For more information, please contact
[email protected]. UNDERBALANCED DRILLING: CAN IT SOLVE THE ECONOMIC, ENVIRONMENTAL AND REGULATORY TAKING PROBLEMS ASSOCIATED WITH FRACKING? RICHARD J. RODDEWIG, JD, MAI, CRE, FRICS & W. JAMES HUGHES* I. INTRODUCTION: HYDRAULIC FRACTURING AT THE CROSSROADS – THE CURRENT INTERPLAY OF ECONOMIC, ENVIRONMENTAL AND REGULATORY ISSUES CONFRONTING THE US OIL AND GAS INDUSTRY....................................511 A. Opposition to Fracking: Types and Causes of Concern .............................................................................525 B. The Industry and Regulatory Response to Fracking Opposition: