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CEOs back more oil drilling and Keystone XL pipeline

2013-02-25 09:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A group of top business executives on Monday urged U.S. officials to cut red tape for drillers and open more federal land to oil and gas interests and approve the Keystone XL oil sands pipeline which is opposed by some environmental groups. The Business Roundtable, which speaks for chief executives at major U.S. companies, said too much regulation is hindering a true domestic energy renaissance even as domestic oil and gas output is booming due to new technology such as fracking. "Technology,...

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