Excessive Red Tape Causes Energy Costs to Soar on Public Land
More
than 96% of the domestic energy production growth from shales has taken
place on private lands safely out of the reach of the Federal
government bureaucrats and regulators. That energy production growth is
transforming America’s energy future by increasing supply reliability
and driving down the price of natural gas from more than $13 per MMBTU
to less than $3 per MMBTU in a period of less than five years.Federal
LandsMeanwhile, on public lands production has actually slowed as the
Department of Interior and its Bureau of Land…Read more...http://oilprice.com/Energy/Energy-General/Excessive-Red-Tape-Causes-Energy-Costs-to-Soar-on-Public-Land.html
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