05.08.2014 - Regulation becoming more burdensome for oil, gas independents
Regulations over the past 5 years have made operations more complex for independent oil and gas producers, according to a recent survey, Profile of Independent Producers 2012-13, released by the Independent Petroleum Association of America. A vast majority of respondents indicated that regulations have resulted in increased administrative costs, with 48% reporting slight increases and 43% reporting significant increases. Air pollution standards represented the most pressing concern for independents, as 33% said it had the largest impact on operations while 35% said it had the second-largest impact on operations...............................................Full Article: Source
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