I don't think fracking is as harmful as some make it out to be, and most problems are only in areas where there is a geo fault...so they shouldn't frack in those areas.
You mentioned gas being a clean alternative to oil and I agree, but they frack gas wells too.
As for Zion, some people seem to think they will hit oil soon, are they drilling finally? All I've heard about is a reentry into an old hole that was dry the first time.
I don't think they're serious about drilling, only lining their pockets with money they get from warrant sales...and that further dilutes the stock.