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U.S. energy committee endorses oilsands extraction
A Republican-led U.S. congressional subcommittee discussing oilsands technology Tuesday endorsed fast-growing extraction of Alberta's vast bitumen reserves, as conservative and liberal politicians alike publicly embrace continental fossil fuel development ahead of the presidential election.
The soaring cost of gasoline and a high U.S. unemployment rate provided a backdrop for support from the House energy and commerce subcommittee on energy and power, which hailed Canada's regulatory regime for enabling domestic production growth and slammed U.S. President Barack Obama's energy policies for doing what its chairman called the opposite.
"Canadian regulators seek to make energy production safe, while the Obama administration's regulators often seek to make it impossible," said Rep. Ed Whitfield of Kentucky, the Republican chairman of the subcommittee.
Read the full article here.
A Republican-led U.S. congressional subcommittee discussing oilsands technology Tuesday endorsed fast-growing extraction of Alberta's vast bitumen reserves, as conservative and liberal politicians alike publicly embrace continental fossil fuel development ahead of the presidential election.
The soaring cost of gasoline and a high U.S. unemployment rate provided a backdrop for support from the House energy and commerce subcommittee on energy and power, which hailed Canada's regulatory regime for enabling domestic production growth and slammed U.S. President Barack Obama's energy policies for doing what its chairman called the opposite.
"Canadian regulators seek to make energy production safe, while the Obama administration's regulators often seek to make it impossible," said Rep. Ed Whitfield of Kentucky, the Republican chairman of the subcommittee.
Read the full article here.