Report Shows Restricting U.S. O&G Leads to Worse Environment

The Institute for Energy Research (IER) is a not-for-profit organization that conducts research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society. A new study just published by IER (below) shows how restricting oil and gas development in countries like the U.S. with strict environmental standards pushes O&G development to countries with lower environmental standards. The end result is that the worldwide environment gets worse.

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