Washington – John Engler, president of Business Roundtable (BRT), issued the following statement today in response to President Obama's executive order establishing a working group to coordinate federal oversight of hydraulic fracturing.

“Today's executive order is a solid first step toward coordinating and, we hope, improving federal oversight of hydraulic fracturing. Business Roundtable CEOs recently discussed with the President how federal handling of this technology threatened to become burdensome, with overlapping authorities and unnecessary and duplicative rules. We hope this working group can cut through these complications and ultimately encourage further investment in the energy sector."