The U.S. Environmental Protection Agency’s (EPA) credibility is being called into question after it dropped its water contamination claims against Range Resources (NYSE: RRC) on Friday. In December 2010, EPA issued an imminent and substantial endangerment order to protect drinking water in Parker County. EPA alleged RRC was responsible for methane contamination in water wells (effecting two Parker County homes) and filed its lawsuit in January 2011 against Range. Range appealed the suit arguing nearby water wells contained high concentrations o...


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