May 25, 2011

Policy & Regulatory Briefing: Fracking, Energy Acts, and EU Moves to Cut GHGs

Democrats and Republicans are blaming different parties for the cost of gasoline, which lingers near the $4 per gallon mark, Market Watch reports.

On Tuesday, House Republicans released a report that said the Obama administration has stifled domestic oil and gas production. The report criticised proposed restrictions on the natural gas-drilling technique known as hydraulic fracturing, as well as the government’s pace in issuing offshore oil drilling permits.

In their own report this week, Democrats blamed “excessive speculation” in oil markets.

This week a U.K. parliamentary committee said that the country….

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