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The present admin knows they cant regulate TOO MUCH or energy prices will skyrocket, and people will vote them out of office.
Originally posted by PuterMan
and just how exactly does this legislation add $11,833 per well
The proposal lets gas producers exclude trade secrets and confidential information, Interior Secretary Ken Salazar said today on a conference call. It would add about $11,833 in costs per well in 2013, according the Interior Department.
“The proposal today will allow us to continue powering oureconomy(oil and gas industry) by developing America’s abundant oil and gas resources,” Salazar said during a conference call. “It is critical that the public has full confidence that effective safety and environmental protections are in place.”
Originally posted by PuterMan
reply to post by Res Ipsa
You people need to be able to evaluate risk vs reward better.
What ever it is that you are familiar with it obviously is not reading, neither is it concern, in addition to which your example only proves the point otherwise seat belts would not be compulsory.
Of course there is an element of risk, and of course there are rewards but that does not mean that people should take unnecessary risk, neither does it mean they should be kept in the dark. So I take it from your statement that you would have no desire to find out what was being used if your well was bubbling with gas and frac fluid?
edit on 4/5/2012 by PuterMan because: (no reason given)