Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

CRAMER: Rules Starting the War on Fossil Fuels Lifted Today at Interior

share with twitter share with LinkedIn share with facebook
share via e-mail
03/29/2017 | 05:54pm CEST

Listen to Audio Statement on Coal Lease Moratorium HereListen to Audio Statement on Oil and Gas Here

Contact: (202) 308-3853

WASHINGTON, D.C. - Congressman Kevin Cramer attended the signing of several Secretarial Orders today at the U.S. Department of the Interior.

In the wake of yesterday's Energy Independence Executive Order signed by President Trump, Interior Secretary Zinke signed several Secretarial Orders including, the lifting of the federal coal lease moratorium, rescinding of the Bureau of Land Management (BLM) hydraulic fracturing rule, review of BLM's venting and flaring (methane) rule, review of National Park Service and Fish and Wildlife Service oil and gas regulations, and reestablishment of the Royalty Policy Committee.

Cramer, who has attendedthree signings with the Trump Administration this week, praised the Interior Secretary for his swift action on lifting the moratorium. 'With roughly 15 percent of coal in North Dakota classified as federal comingled with private and state coal resources, the federal coal lease moratorium has created significant obstacles for coal mining, which could ultimately make coal mining in North Dakota unfeasible were it not for the lifting of the moratorium.'

The rescinding of the BLM hydraulic fracturing rule and review of the BLM venting and flaring rule is also a victory for North Dakota. During the implementation process of the fracturing rule in 2013, an economic analysis conducted by the economics firm John Dunham & Associates estimated a cost of $253,800 per well would be placed on energy producers and consumers if proposed federal hydraulic fracturing rules were implemented. An analysis by John Dunham & Associates estimates the costs of the venting and flaring rule to exceed $1.26 billion while the benefits are at best $90 million.

'States have all the tools necessary to responsibly regulate oil and natural gas development,' said Cramer. 'From the beginning, these rules were meant as an attack on the North Dakota economy, and has had punishing consequences on jobs in Western North Dakota.'

Cramer is the at-large Congressman for the great State of North Dakota. An early-endorser and energy advisor for Trump's presidential campaign, he also serves on the House Energy and Commerce subcommittees for energy and environmental issues.

Kevin Cramer published this content on 29 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 March 2017 15:54:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news
Date Title
12:56p CARREFOUR : Brazil IPO details fail to spur shares of France's Carrefour
12:56p DGAP-AFR : Gerresheimer AG: Preliminary announcement of the publication of financial reports according to Articles 37v, 37w, 37y of the WpHG
12:55p PEBBLE BEACH : Form 8.5 (EPT/RI) - Pebble Beach
12:55p ENVIRONMENT AGENCY : Ineos is granted environmental permit for exploratory borehole in Derbyshire
12:55p VESTAS WIND : receives orders totalling 33 MW in Austria
12:55p HRVATSKI TELEKOM DD : Deutsche Telekom and Lufthansa cooperate for Fashion Fusion
12:55p SOUTH AFRICA COMPETITION COMMISSION : Statement on the decisions of the Competition Commission
12:55p Piezoelectric Sensors and Ultrasonic Transducers Market By Types, Materials, Applications, New Developments & Industry Structure - Research and Markets
12:54p EAVS : Overseas Voting Initiative Releases Recommendations to Improve Military and Overseas Voting Data Collection
12:53p LINDSAY : tops Street 3Q forecasts
Latest news
Hot News 
5.67%DS SMITH : to buy 80 percent of U.S. packaging firm Interstate Resources for $920 million
-8.92%JD SPORTS FASHION : Early Eid clouds JD Sports trading, shares dive
1.27%HENNES & MAURITZ : H&M Posts Forecast-Beating 2Q Rise in Profit
-2.44%IndiGo, other airlines show interest in buying stake in Air India - TV
-2.42%JOHN WOOD : sees weak first half on fewer projects
Most Read News
01:36a KAZUO OKADA : Universal president says founder Okada 'unfit' for board in private letter
06/28 WARREN BUFFETT : Buffett's Berkshire on verge of becoming BofA's top shareholder
06/28 DAVID HENRY : Citigroup boosts buybacks, dividends beyond Wall St. expectations
05:32a Oil prices rise to two-week high on dip in U.S. output
05:50aDJJACK MA : China's Tech Entrepreneurs Need to Watch Their Backs
Most recommended articles
06/23ECONOMY : The Federal Reserve: Dismal Failure or Shrewd Complicity?
06:53aDJAP MOLLER MAERSK : Today's Top Supply Chain and Logistics News From WSJ
06:51a JD SPORTS FASHION : Early Eid clouds JD Sports trading, shares dive
06:17a IndiGo, other airlines show interest in buying stake in Air India - TV
06:13a HANSAE YES24 : Norway's wealth fund reviews stakes in Hansae Yes24, subsidiary