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"I personally believe there is space in the middle between protecting the IP and giving the public the information they desire," he said.

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US firms should reveal more on shale drilling

Landowners near shale gas developments have blamed fracking, which involves injecting water, sand and chemicals into rock formations to obtain oil and gas, for fouling water supplies.

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Industry representatives at the meeting stressed that any standards developed for natural gas drilling should be implemented by state regulators to address local needs and be responsive to rapidly changing techniques. Environmental Protection Agency oversight, should be regulated at the federal level.

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WASHINGTON, June 1 (Reuters) Natural Huaraches Black And White High Top gas drillers are doing too little to inform the public about the chemicals used in hydraulic fracturing, a practice essential for tapping the United States shale gas reserves, a Chevron executive told a federal panel on Wednesday.

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Huaraches Black And White High Top

"We have used this property issue as a convenient excuse to move slow," Luquette told a federal panel set up by the Obama administration to offer recommendations on improving the safety of hydraulic fracturing.

The panel, which includes Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, is slated to report what immediate steps are needed to improve public and environmental safety of fracking within 90 days of beginning its work.

to create an industry dominated panel," said Dusty Horwitt, of the Environmental Working Group.

But drillers argue that fracking is safe, and that onerous federal regulations would hurt natural gas output.

Within six months it will also develop advice for the government on practices for shale extraction to ensure public health.

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Gary Luquette, president of North America exploration and production for Chevron, said it was time for industry to stop dragging its feet on disclosure.

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While companies have begun releasing some details about the chemicals they use when drilling wells, firms have raised concerns about possibly revealing trade secrets.

Aubrey McClendon, chief executive of Chesapeake Energy Corp , disputed the notion that companies had been slow to reveal information about their fracking fluids.

industry interests.

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Horwitt said six out of seven panel members had financial ties to the oil and gas industry and he called for the panel chair John Deutch to step down. Deutch, a professor at MIT, has served on the board of directors for Schlumberger Ltd , a top oil services company involved in fracking. (Editing by Lisa Shumaker and Dale Hudson)

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Advances in hydraulic fracturing, or fracking, have led to a boom in shale gas drilling, but the expansion of shale gas development has led to concerns about potential water contamination. [ID:nN18229665]

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