Breitling Oil and Gas Morning Podcast #142 August 30th, 2012

The budget drafted by Republican vice presidential candidate Paul Ryan, and approved this year by the House, would mean fewer federal inspectors assigned to process permits and monitor the safety of off-shore oil and gas development, House Democrats said this week.

I wholeheartedly think Democratic allegations are without merit and part of an effort to embarrass Ryan, the Wisconsin Republican, chosen 10 days ago by presumptive presidential nominee Mitt Romney as his running mate.

The democrats say the Ryan budget could lead to a cut of as many as 59 employees charged with overseeing offshore oil and gas development.

The budget also doesn’t fund President Barack Obama‘s request for an additional 49 employees at the Interior Department agency charged with regulating the oil and gas industry.  Less bureaucrats in Washington? Where is the problem??

Comments are closed.