A measure proposed by a U.S. regulator to advance oil sands research in western states falls short of what's needed for energy security, a lawmaker said. The U.S. Bureau of Land Management last week announced it was making 700,000 acres of land in Colorado, Utah and Wyoming available for research and development of oil shale and 130,000 acres in Utah open to tar sands research. Advances in technology used to exploit unconventional plays like those have positioned North America as a world leader in oil and natural gas reserves. U.S. Rep. Ed Whitfield, R-Ky., chairman of the House Energy and Power Subcommittee, said the BLM's measure blocks millions of acres of land from leasing. "This proposal will place further limitations on the exploration and development of our country's natural resources and is yet another example of how this administration continues to stand in the way of North American energy independence," he said in a statement. The BLM said research and development leases were doled out first to ensure those granted access meet federal regulations. The agency explained there wasn't any development of oil sands in the United States on the commercial scale. "While other countries like Canada are busy growing their economy by developing their own resources, this administration is busy promoting policies that embargo our own oil from ourselves," said Whitfield.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor