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N.Y. Senate Approves Drilling Halt on Gas From Shale

New York moved closer to a temporary state ban on drilling for natural gas from shale that would delay plans of Chesapeake Energy Corp. and other companies.

The state Senate approved a measure late yesterday that would prohibit new drilling permits until May 15 in the New York portion of the Marcellus Shale formation pending further environmental studies. The moratorium passed 49-9. The Assembly has yet to take up the measure.