API: Shale Energy Regulation Threatens Development, Jobs

摘要

In remarks to reporters March 1 in Washington, D.C., American Petroleum Institute (API) vice president for regulatory and economic policy, Kyle Isakower, said a wave of possible new federal rules on shale oil and natural gas development could threaten its expansion and the increased jobs and revenue it promises to generate. "Shale oil and natural gas development in the United States has been a clear economic success story during a time when successes have been few," he said. "Our industry has been producing energy jobs and revenue at a strong clip. And yet we've only begun to realize the benefits of energy from shale."