No it isn't, fracking is a technique that is used to increase the output of a 'traditional oil well' and actually, oil/gas drilling has been ruining surface water for a long time, too. In the past it tended to happen to people who owned the surface as well as the minerals, and who were often happy to take an additional check for their trouble (or not), to go along with their mineral check, and have some bottled water delivered, or hook up to a community water district (yay, they can afford it now). It is easier to get over the loss of a water well when you're making five or six figures a month in O&G royalties. Fracking isn't new either. The only thing new is fracking for shale gas, which is usually deeper/higher pressure, and I guess probably needs better well casings and cement. The problem being that many of these wells are only barely economical or a gamble, to start with (thanks Aubrey McClendon).
>discovered beetles in the proposed pipeline corridor.
Yeah, every now and then an EPA guy scores a win for team EPA. I'd bet that it is the exception, not the rule.