Wednesday 17 August 2016

Concerns raised over oil and gas regulations

In Oil & Companies News 16/08/2016

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Kansas oil and gas producers listened to dire warnings about their industry’s future from two House members during their convention in Wichita.
U.S. Rep. Lynn Jenkins told the Kansas Independent Oil and Gas Association on Monday that it is still an assault on the industry by President Barack Obama’s administration from a regulatory environment to tax proposals. She claims the administration wants to put them out of business.
U.S. Rep. Mike Pompeo recounted the coal industry’s problems, and told oil and gas producers they should know they are next. He called it a “full-scale assault” by the environmental left on the fossil fuel industry.
The Kansas delegation has been a staple fixture at the industry’s annual meeting in Wichita, but only Pompeo and Jenkins attended for the panel this year.
Source: AP

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