EPA fracking study could hurt energy boom -U.S. business leader
Published on by Diwakar yadav in Business
America's largest business lobby group warned the Obama administration on Tuesday against snuffing out the country's energy boom with regulations on new oil and natural gas drilling technologies.
U.S. Chamber of Commerce President Thomas Donohue said an Environmental Protection Agency (EPA) study due next year could be used to justify clamping down on drilling techniques that have sparked a surge in U.S. oil and natural gas output.
"This could short-circuit America's absolute explosion in energy opportunity that is creating millions of jobs," he told a meeting of business executives.
A major force in U.S. politics, the Chamber of Commerce is the biggest business lobbying group in the country and has been a steady critic of President Barack Obama.