Scott Noble is the President of Noble Royalties, Inc. (NRI). NRI is a company that specializes in acquiring valuable mineral, royalty and overriding royalty properties. The company was founded in 1997. Mr. Noble is also chairman of the New American Energy Opportunity Foundation, which supports energy independence for America.
Mr. Noble was interviewed on the Bill Bennett show during the last presidential campaign. This is the audio from that interview:
Some highlights from the website of the NAEOF:
Beyond outright bans on development and the failure to issue new leases, numerous new laws have been passed in the past 30 years increasing administrative requirements on energy producers. A 2004 report from the U.S. Department of Energy determined that there are more than 140 different laws which impact natural gas production in the United States. Most of these laws apply equally to oil development as well. The result of this new mound of bureaucracy and red tape has been increased permitting delays, lawsuits and compliance costs that are additionally stymieing development.
Of course, it is reasonable to expect the US government take steps to make sure energy companies are developing oil and gas responsibly. But environmental regulations long ago passed from the necessary to the ridiculous. For instance, the Bureau of Land Management recently put a moratorium on drilling in 380,000 acres of land during the mating season of prairie chickens. But when pressed, BLM admitted that the ban was not based on any scientific analysis.
Instead of doing the things that will build our country’s future, we are borrowing from children who aren’t even born yet. America needs to wake up and elect people who will move forward on American energy independence.