KNOXVILLE, Tenn. (AP) – The University of Tennessee has momentarily shelved its plan to conduct fracking research at the Cumberland River Research Forest after no oil and gas companies bid on the project.
The director of the Forest Resources AgResearch and Education Center, Kevin Hoyt, told the Knoxville News Sentinel the lack of bids proved disappointing, the school will continue to look into continuing the research in the future.
Fracking, a contentious method of extracting oil and gas from shale beneath the earth, involves drilling vertically into the ground and then horizontally, pumping a cocktail of water and chemicals into the ground to fracture the shale and release the oil and gas.
Environmental groups across have protested the plan, citing concerns about potential conflicts of interest, lack of transparency and environmental impacts.
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- June 8, 2013: UT seeks bids for fracking on its own land