NAM Comments on Administration's Fracking Regulations .
Press Release Summary:
NAM President and CEO Jay Timmons issued statement on proposed Bureau of Land Management hydraulic fracturing regulations on federal lands. According to Timmons, states are already effectively regulating hydraulic fracturing. New federal rules will be confusing and duplicative and will add unnecessary regulatory burden for energy producers. Shale development has a tremendous upside for manufacturers, and NAM urges Department of Interior to carefully reconsider these proposed regulations.
Original Press Release:
Administration's New Fracking Regulations Send Mixed Messages
Proposed Rule Adds Regulations That Are Already in Place at the State Level
Washington, D.C., - National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement on the proposed Bureau of Land Management hydraulic fracturing regulations on federal lands:
"Manufacturers are scratching their heads, curious why the Administration's actions do not match their words on the potential of shale gas. White House officials previously indicated that they understood the game-changing opportunity for manufacturers and the potential to create 1 million manufacturing jobs, but it's clear they don't truly get it. The new regulations out of the Administration today will unnecessarily slow down an affordable source that is driving growth.
The states are already effectively regulating hydraulic fracturing. New federal rules will be confusing and duplicative and will add unnecessary regulatory burden for energy producers. Shale development has a tremendous upside for manufacturers, the 12 million people who work directly in U.S. manufacturing and our entire economy. It's time the Administration's actions reflect its rhetoric so that we can begin to include shale development as an essential part of a real all-of-the-above energy strategy. We urge the Department of Interior to carefully reconsider these proposed regulations and the impact on such a vital industry."
The National Association of Manufacturers is the largest manufacturing association in the United States, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.
