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
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.
If the Coast Guard implements a regulation requiring the certificates, but if there are no insurers willing to back them, then there is the possibility that all tankers would be banned from US waters.
...we are not supportive of the extensive, prescriptive regulations as proposed in this rule. We believe industry's current safety and environmental statistics demonstrate that the voluntary programs implemented since the adoption of API RP 75 have been and continue to be very successful.
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.
