Among those impacts are substantial water usage, damage to roads by heavy truck traffic, potential spillage of frac fluids and management of the chemicals used in the process.

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With that stroke of his pen, Governor Perry made Texas the first state in the country to require by statute the well-by-well public disclosure of all the constituent chemicals, compounds and water volume contained in frac fluids.

FORBES: Why the Texas Disclosure Law Really Does Work

FracFocus was created to address a very specific issue that had been raised by environmental groups: Several years ago, there was supposedly a hue and cry from landowners wanting to know the chemical content of the frac fluids that were going down oil and gas wells on their land or on adjacent lands.

FORBES: Harvard's Frack Disclosure Study Earns an 'F'