Energy (Oil & Gas)

S 2472 prohibits all horizontal drilling and high-volume hydraulic fracturing (using 300,000+ gallons of water per well completion) and gelled propane hydraulic fracturing statewide. It directly affects oil and gas operators, banning these specific extraction methods regardless of well type. The bill defines "high-volume hydraulic fracturing" as using 300,000+ gallons of water (fresh or recycled) across all well stages, and explicitly prohibits both methods in the state. The law takes effect immediately upon enactment.

This bill repeals two sections of New York's Public Service Law that previously allowed energy service companies (ESCOs) to sell electricity and natural gas directly to customers. It directly affects ESCOs, ending their legal authority to operate as independent energy sellers outside of regulated utility companies. The key mechanism is the removal of these specific law sections, which would prevent non-utility entities from offering electricity or gas sales. This change would require ESCOs to either transition to utility partnerships or exit the market, shifting energy sales back to traditional distribution companies.

Prohibits the elimination of building systems or equipment used for the combustion of fossil fuels, including, natural gas, propane and fuel oil in new building construction.