Denton, Texas Considers Fracking Ban, Hopes To Attract Sriracha Factory

submitted by Margery Schab

Natural gas well holding tanks sit next to a subdivision of homes in Denton, Texas, Thursday, May 29, 2014. (AP Photo/LM Otero) | ASSOCIATED PRESS

huffingtonpost.com - by Emily Schmall - June 19, 2014

. . . For more than a decade, Denton has drawn its lifeblood from the huge gas reserves that lie beneath its streets. The gas fields have produced a billion dollars in mineral wealth and pumped more than $30 million into city bank accounts.

But this former farming center north of Dallas is considering a revolt. Unlike other communities that have embraced the lucrative drilling boom made possible by hydraulic fracturing, leaders here have temporarily halted all fracking as they consider an ordinance that could make theirs the first city in the state to permanently ban the practice.

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