Oilfield workers concerned new regulations may spell trouble

Oilfield workers concerned new regulations may spell trouble

WHITE OAK, TX (KLTV) - East Texas oilfield workers worry that more regulation will stall a stabilized and prosperous oil and gas industry and hurt the simplest bottom line of jobs.

The White House has proposed a regulation that would cut carbon dioxide emissions by 30 percent by the year 2030.

Oil and gas workers say too much government regulation could spell big trouble.

The announcement of a proposed government regulation to further reduce carbon emissions affects mostly coal-fired plants, but East Texas oil and gas workers worry it could have profound and far-reaching affect.

"I think when you go with this green initiative, you're going to stymie the economy," says oilfield worker Stoney Lake.

East Texas companies like Energy Weldfab are doing good business right now, and say that all energy business is connected.

"At a time when job growth is so crucial in our country, I can't understand why the federal government wants to regulate more and more. Because it's so important right now for people to have jobs," says Energy Weldfab vice president Michael Clements.

"It's a trickle effect and a lot of people don't realize that. The tax base it generates," Lake says.

All most people know about oil and gas is what the pay at the pump.

"They don't understand the money that the government makes on the tax per gallon, I believe at one time it was 42 cents per gallon," says Weldfab worker Colt Ables.

"The bottom line is there'll be less jobs created," Lake says.

For these oil and gas workers, the notion of moving to alternative renewable energy is a huge question mark.

"People talk about renewable fuels but there's no science behind them. In the past 6 years, CO2 emissions have gone down and drilling is up," Clements says.

They have dealt with every regulation thrown at them , and still it's an industry that drives the East Texas economy.

"I think the natural gas industry is crucial. We're sitting on some of the largest reserves in the entire world," says Clements.

"It's easy for the government to say 'oh, profiteering going on in the oil and gas industry', when the truth is the government's the one gouging you," Ables says.

The EPA has given the state of Texas three years to submit a plan on how they will make the proposed carbon emissions cuts by the year 2030.

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