Yesterday, the House Natural Resources Committee held the second of two hearings on Chairman Nick Rahall's bill H.R. 3534, the "Consolidated Land, Energy and Aquatic Resources Act", which contains a number of modest reforms to the federal government's oil and gas programs.
The oil and gas industry, all too predictably, can be expected to fire back that any reform directed at their business is unnecessary, prohibitively costly to this multi-billion dollar industry, and could severely limit our nation's gas supplies.
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