Report: Oil, Gas CompaniesFear Regulation, Rising Prices

摘要

Two issues — rising oil prices and regulatory changes —were selected as the biggest threats to the oil and gas industry,according to BDO USA LLP, which referenced U.S. Securitiesand Exchange Commission (SEC) 10-K filings for the 100 largest exploration and production (E&P) companies in theU.S. for a new report on industry risks.The report “Risk Factor Report for Oil and Gas Busi-nesses” also found that nearly every E&P company (98%) isworried about an inability to expand reserves or find replace-ment reserves, while 97% are fretting over operational haz-ards, including blowouts, spills and personal injury. Naturaldisasters and extreme weather conditions and inaccuratereserve estimates concerned 96% of the companies to roundout the top five concerns.