The oil and gas boom is saving consumers thousands of dollars annually and tipping the scales in favor of U.S. makers of chemicals, steel, glass and other materials, a study released Wednesday by consultants IHS Economics concludes.
Josh Fox’s claim that the oil and gas industry has some sort of categorical exemption from regulation and that hydraulic fracturing and other oil and gas industry process equipment and facilities are exempted from regulation under the Federal Clean Air Act is fabrication and erroneous conflation.
Over the past few years, the U.S. fracking boom has taken a great many people by surprise. Companies have been producing so much oil and gas that it’s now putting a strain on America’s energy infrastructure.
In a shocking 2-1 vote July 10, the Board of County Commissioners rejected an amendment to current land use regulations that would have better defined the county’s application and issuance process for oil and gas exploration permits.
AmeraTex Energy Inc. is a privately owned, independent oil exploration company.
AmeraTex Energy’s primary objective is to develop underdeveloped oil fields in Clinton County Kentucky. Additionally, we will to seek out additional areas for development efforts including, North Central Tennessee, East Texas and North West Ohio, with proven oil reserves. Currently AmeraTex has leased nearly 6500 acres in which to develop. With a combined 70+ year’s experience, we have learned to benefit from the rewards of the oil industry by avoiding the pitfalls.
If there is a successful key to doing business in the oil industry it’s as simple as; Doing business with good people who know what they are doing, who offer a fair deal and who do it ethically. AmeraTex believes in that statement. We have learned over the years that the largest reason people lose money in oil, is that the oil companies did not know what they we’re doing, or they were promoters and knew exactly what they we’re doing. The Principals at AmeraTex Energy believe in being ethical. We are quickly becoming a growing presence in the oil industry in Clinton County Kentucky.