By Zack Colman | The Hill
Senate Democrats introduced a bill Wednesday that would end billions of dollars worth of tax incentives for the oil-and-gas industry, Reuters reports.
Hydraulic fracturing, or fracking, in the United States has boosted oil-and-gas production and lessened the OPEC oil cartel’s influence, notes Bloomberg.
The Associated Press reports that the North Dakota Senate rejected a bill that would have tightened rules on natural gas flaring, a process in which oil companies burn off excess natural gas produced at wells.
Also: Billionaire Moguls Fighting for and Against Renewable Energy
If you’d like to discuss energy issues, contact Court Rich, Co-Chair of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com
