Oil group says CLEAR Act would cost jobs, weaken economy

07/19/2010 | Oil & Gas Journal

The American Petroleum Institute criticized a House committee's approval of the Consolidated Land, Energy, and Aquatic Resources Act, which includes reforms to the country's oil-and-gas leasing program in response to the Gulf of Mexico spill. The measure goes beyond spill response "to the point where -- if adopted by the Congress -- provisions of the legislation will kill jobs, stifle economic recovery and punish an already-reeling Gulf Coast community," said API President and CEO Jack Gerard.

View Full Article in:

Oil & Gas Journal

Published in Brief: