Oil, Coal, and Gas Regulations

Oil, Coal, and Gas Regulations

Oil, gas, and coal are three of the most widely used energy sources in America. Unfortunately, all three take a terrible toll on human populations and the environment, both during the extraction process and use. Government agencies including the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) and the Environmental Protection Agency (EPA) monitor and regulate these economic sectors, and numerous laws have been passed to address the negative externalities created by these industries.

Commentary

PG&E’s success in Washington led to failure in San Bruno

August 31, 2011
Claims of EPA "train wreck" derailed

Claims of EPA "Train Wreck" Derailed

August 26, 2011
Clean Fuels Standard

Northeast Clean Fuels Standard = Thousands of Jobs, Billions of Dollars

August 16, 2011

Cry Wolf Quotes

The fallout from the act is coming. It is like the sword of Damocles hanging over the industry.

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Ernest Corrado, President of the American Institute of Merchant Shipping. The Journal of Commerce.

This proposed action is a major, paper work intensive, rulemaking that will significantly impact our business, both operationally and financially, and will bring little or no benefit towards improving safety of offshore operations. In addition to the unnecessary burden to industry, it will create an additional unwarranted burden to regional MMS staff that will require additional inspector/auditor training and increased workload demand.

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Enterprise Field Services public comment letter to the Mineral Management Service and the Department of the Interior. The New York Times.

The Safe Drinking Water Act (SDWA) Underground Injection Control (UIC) program is intended to manage the disposition of wastes into geologic repositories. Hydraulic fracturing is a well stimulation technology that has been used for more than 50 years over a million times. It has been regulated for decades by states and never posed an environmental risk. It is essential to the development of American natural gas and oil. There are no environmental benefits to additional federal regulation.

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Independent Petroleum Association of America, Testimony, Committee on Oversight and Government Reform, U.S. House of Representatives.

These regulations, taken in combination with other pending requirements, will have serious affects on the petroleum industry, the economy, and the nation--reducing investment in capacity and new technologies, making domestic refiners less competitive in the global marketplace, increasing imports of refined products by up to 500,000 barrels per day, increasing consumer prices for products such as gasoline and heating oil, and reducing industry employment.

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American Petroleum Institute.