Drilling advances are putting the U.S. on course to emerge “from under OPEC dominance,"...

|By:, SA News Editor

Drilling advances are putting the U.S. on course to emerge “from under OPEC dominance," but the Obama administration is stalling development with excessive rules, Continental Resources (CLR) CEO Harold Hamm tells a House panel. U.S. regulations hinder development by delaying work permits, Hamm says, so his company avoids drilling on federal lands.