July 14, 2015

White House races to put new anti-oil-and-gas proposals in place

From: Midland Reporter-Telegram

Jennifer A. Dlouhym, Houston Chronicle

WASHINGTON – A wave of federal regulation is set to hit the oil and gas industry in coming years, but the crests of the coming mandates are visible now, as administration officials race to draft and finalize proposals before President Barack Obama leaves office.

The measures range from minor to major, with some specifically targeting oil and gas activities and others affecting the sector because they apply economy-wide. In all cases, the government’s long regulatory timeline – with initial drafts and final rules subjected to public comment and interagency reviews – means work is under way now with an eye on finishing the job in 2016 or 2017.

Read Complete Article

No Comments »

No comments yet.

Leave a Reply

Name not required for anonymous comments. Email is optional and will not be published.