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Sep 14, 2010 1:43 PM by Melissa Canone

Inspection Fees May Double for Oil & Gas Industry

WASHINGTON (AP) - The oil and gas industry says an Obama
administration plan to double fees charged for inspections of
offshore operations could cost jobs.
American Petroleum Institute president Jack Gerard says the
industry recognizes the need for improved inspections and oversight
following the BP oil spill. But he says doubling the fees isn't
appropriate.
The White House has asked Congress to approve the higher fees as
part of a request for $80 million in new spending for the agency
that oversees offshore drilling.
The proposal would more double the amount collected from oil and
gas companies, to $45 million next year from about $20 million this
year.

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