Refining Community Logo

CRS finds US production grew outside federally controlled areas

Home Forums Refining Community Energy CRS finds US production grew outside federally controlled areas

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 8 years, 3 months ago.

  • Author
    Posts
  • #1722

    Anonymous

    While US oil and gas production has climbed to its highest level in 2 decades, all of the growth since 2007 has occurred outside federally controlled areas where production actually declined, a recent report from the nonpartisan Congressional Research Service found.
    “Private sector investment and new technologies are driving increases in oil and gas production,” said US Rep. Ed Whitfield (R-Ky.), chairman of the House Energy and Commerce Committee’s Energy and Power Subcommittee, which released the Feb. 28 CRS analysis on Mar. 5.
    “Where the states have been in charge, we have seen energy development boom in a safe and responsible way, but under federal control we have seen a sharp decline in production,” he declared. “A web of red tape and a backlog of delayed permits are blocking important energy production opportunities on federal lands.”
     
    WASHINGTON, DC, Mar. 5
    03/05/2013
    By Nick Snow 
    OGJ Washington Editor

    Read more at:
    http://www.ogj.com/articl…EnlDrillingMarch112013

You must be logged in to reply to this topic.

Refining Community