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.

Elimination of sections 327 and 328 [of the Safe Water Drinking Act] would not make production of oil and natural gas in the United States any safer, but could substantially increase domestic oil and natural gas production costs, thereby decreasing domestic supply.

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David E. Bolin, deputy director of the State Oil and Gas Board of Alabama, Testimony, Committee on Oversight and Government Reform, U.S. House of Representatives.

[By exposing shipowners to an uninsurable level of liability, the act is] 'driving away from U.S. trading many responsible shipowners who may well possess the safest tankers and the most solid financial backing to cope with pollution damage claims.'

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The International Association of Independent Tanker Owners (Intertanko), The Journal of Commerce.

The other thing that I want to mention by way of example, which is-which will, I am sure, be discussed by others in the industry, is the expansion of the Toxic Release Inventory to cover the oil and gas exploration in the production industry. The IOGCC has been opposed to this and has a committee working specifically to change the minds of the Environmental Protection Agency to do this unnecessary expansion. Not only would it unnecessarily expand the toxic release inventory to an industry that is not appropriate but it would dilute the whole good part of what the toxic release inventory is doing for the States.

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Christine Hansen, representing the Board, the State of Alabama, and other member States of the Interstate Oil and Gas Compact Commission, Testimony, U.S. House Committee on Government Oversight and Reform.