Regulatory reforms draw cheers; shutdown and tariffs raise concerns

摘要

The Trump administration is following through on its promise to reform federal regulations enacted during Barack Obama's presidency that went too far, officials from leading US oil and gas associations told Oil & Gas Journal. But a prolonged partial government shutdown and tariffs or quotas on specialty steel imports could cloud the 2019 Washington Oil and Gas outlook, they warned. "In the last administration, about 12 federal programs took on state and local responsibilities. That's changing," noted Independent Petroleum Association of America Pres. Barry Russell on Jan. 16. "Some policies need to be finalized. Tariffs and quotas affect our industry, and the US-Mexico-Canada Trade Act needs to be ratified."