Utica, NY (WIBX) - Congressman Richard Hanna is responding to his Democratic challenger's claim that he stands to profit financially, if Hydrofracking moves forward in New York State. Yesterday, Dan Lamb--whose hoping to unseat Hanna this November for the newly redrawn 22nd District--came out against the controversial drilling practice, attacking his Republican opponent for being silent on the issue due to his heavy investments in the oil and gas industry.

Hanna's  Statement:

"I've consistently said that I would only support fracking in New York if it is proven by science to be safe and would not put our water supply at risk. The decision to access natural gas should not be made based on politics or emotion, but rather the facts.

Hydraulic fracturing has the potential to produce significant positive economic benefits, but should not be done at the risk of our aquifers. Fracking should continue to be primarily regulated by bodies closer to the people--state and local governments.

Because it is relatively clean, affordable and abundant, natural gas is helping move us toward American energy independence. And energy independence is key to our national security. It also has the potential to diversify our region?s economy, create energy, manufacturing and infrastructure jobs, and raise revenue for local governments.

If done in New York, the State's process should be transparent and include appropriate regulations such as chemical disclosure that make the most sense for our unique region. As President Obama has stated, it is imperative that we develop our natural gas resources safely, and I am hopeful that Governor Cuomo's decision will meet that standard."

Hanna also addressed his financial investments in the oil and gas industry, saying he's subject to the rules of the STOCK Act, a bill he voted to reaffirm earlier this year that prohibits insider trading.

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