The federal government issues mortgages and loan guarantees to low-income Americans living in rural areas.
But the U.S. Department of Agriculture is considering requiring environmental studies before issuing money to those leasing their land for oil and natural gas production.
Why is this happening? U.S. Rep. Dan Boren says it’s because the USDA is bowing to political pressure exerted by opponents of hydraulic fracturing — particularly those in the Northeast, reports the Tulsa World.
The USDA’s Rural Housing Service generally doesn’t require a down payment, and has been especially popular in the wake of tight credit markets, writes New York Times reporter Ian Urbina:
State Impact
Editor's Note : Is this a picture of where we are headed?
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