Obama is urged to focus on developing oil, gas reserves

09/27/2011 | Hill, The

President Barack Obama should focus on investing in North America's oil and natural gas resources and bolstering support for shale-drilling projects to rejuvenate the economy, create thousands of jobs and curb the country's reliance on energy imports, writes Bernard Weinstein, associate director of the Maguire Energy Institute. Raising taxes on energy producers and imposing more drilling restrictions will only prevent the country from reaching these goals, he writes.

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Hill, The

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