Breitling Oil and Gas Morning Podcast #132 August 15th, 2012

House Republicans this week said the Obama administration’s resource development policies have slowed economic progress by keeping public lands off limits to exploration.

The stop-and-go oil and gas drilling on federally controlled Alaskan lands offers a stark contrast to the rush by firms to drill in North Dakota’s privately owned Bakken shale formation.

The main difference between Alaska and North Dakota is that Alaska has far more areas that are federally owned and -controlled. And the Obama administration has substantially cut back on new energy leasing in these federal lands and offshore areas.  North Dakota gives us a glimpse of what would be possible in many other parts of the country if only the feds took the handcuffs off.

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