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| Report estimates losses if US adopts ‘keep-it-in-the-ground’ http://www.epgeology.com/news-f37/report-estimates-losses-adopts-keep-the-ground-t13156.html |
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| Author: | NewsPoster [ Sat Aug 27, 2016 2:14 pm ] |
| Post subject: | Report estimates losses if US adopts ‘keep-it-in-the-ground’ |
OGJ Production News It would cost the US an estimated $11.3 billion/year of royalties, 380,000 jobs, and $70 billion/year of gross domestic product if proposals to stop oil, natural gas, and coal extraction from federal lands and offshore water were adopted, the US Chamber of Commerce’s Institute for 21st Century Energy said in a recent report. Read more |
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