New York Gov. Andrew Cuomo's (D) announcement that he would ban high-volume hydraulic fracturing, more widely known as fracking, was praised by environmental groups but largely criticized by those in favor of the oil-and-gas recovery method as a way to revive economically depressed areas in the state.
However, some firms that work in the sector say they expect to see little change as a result of Cuomo’s Dec. 17 decision since the state has had a temporary ban on fracking since 2008.