BISMARCK, N.D. (AP) — A North Dakota oil industry official says proposed federal regulations threaten the state’s oil production more than depressed crude prices.
North Dakota Petroleum Council Vice President Kari Cutting told an interim legislative committee on Wednesday that the new rules range from changes in air quality standards to additional animals being listed as endangered species.
Cutting says the industry is most concerned about the possibility of the federal government regulating the burning of natural gas as a byproduct of oil production.
Cutting says the industry has been able to adapt so far to slumping oil prices. But she says it will have a tougher time adapting to what she calls increased federal overreach.
Cutting’s group represents more than 550 companies and 65,000 workers in North Dakota’s oil and gas industry.