Obama’s Environmental Agenda Could Raise Energy Company Costs

Reuters reported that there is the possiblity that costs could rise for energy companies in the wake of Obama’s re-election, with the expectation that tougher new environmental regulations will be introduced.

As quoted in the market report:

The president likely will take far longer to decide whether the United States should export its newfound shale oil and gas bounty. Opponents warn that exports would spike fuel costs for consumers and undermine a domestic manufacturing recovery.

To view the whole Reuters report, click here.