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Could the oil industry actually be growing faster?

Marissa Hall | Shale Plays Media

Few can deny that the energy industry has grown exponentially in the United States in recent years, but it turns out that it could be growing even faster if it weren’t for the Bureau of Land Management (BLM). According to a report by the Department of the Interior’s Office of Inspector General (OIG), the BLM fails to address permit applications within the lawful time frame of 30 days, instead sometimes taking upwards of several years. Pete Kasperowicz reports for The Blaze:

The report found that the long review times can be the fault of the drilling industry when it doesn’t immediately present all required information, but it said it’s also the fault of BLM for failing to manage its personnel resources adequately. The OIG said the bureau had no plans to address the 3,500 backlogged drilling permit requests until very recently, and said field offices are still reviewing hard copy permits instead of using an electronic data system.

The delays appear to be needless, as the report found that BLM approves 99 percent of all applications it receives, but approves just 6 percent of them within 30 days.

Streamlining the system with automated processes and electronic systems, as well as more efficiently managing the BLM’s manpower, could help to alleviate the queue of waiting permit requests. If that were to happen, it would only help the oil and gas industry grow.

Check out Kasperowicz’s full article for all the details: Wait, baby, wait: Report finds long delays for oil and gas drilling permits under Obama

Related: The oil export ban calamity

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