Hindering

It’s not, in fact, animosity toward the oil and gas industry but rather limited staff and resources that are hindering federal officials’ abilities to fast-track deepwater drilling projects, Chevron Corp. CEO John Watson said Wednesday.

Public policy is hindering America’s ability to ensure its own energy security, and the energy industry must accept a large part of the blame, according to Shell Oil Co. President John Hofmeister.

Public policy is hindering America’s ability to ensure its own energy security, and the energy industry must accept a large part of the blame, according to Shell Oil Co. President John Hofmeister.

The IPAA’s Supply and Demand Committee said a rig and drilling workforce shortage is seriously hindering a supply response to soaring gas prices, and the problem is likely to continue in 2001.

The IPAA’s Supply and Demand Committee said a rig and drillingworkforce shortage is seriously hindering a supply response tosoaring gas prices, and the problem is likely to continue in 2001.

While no one is ringing the alarm bell and shouting about asupply crunch, near-term Gulf of Mexico gas supplies are expectedby many to suffer from depletions and diminished drilling due tolow prices.