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
Cry Wolf Quotes
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.
OPA 90 -- virtually everyone affected, except the environmentalists, think it is as the 'Rocky Horror Picture Show.' Congress crafted it in an emotional bonfire, which was ignited by the massive spill at Valdez.
[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.'
[The Oil Pollution Act] also raises fundamental questions as to whether oil companies will be willing to pay for responsible parties to stay in the business of transporting crude, or whether vessel operators will prosper who engage in a game of roulette with the liability limits.
