Impact of Volcker Rule Implementation on Segments of the U.S. Energy Industry Could Result in up to 200,000 Less Jobs and $34 Billion Less in U.S. GDP Over Next Five Years, IHS Report says

The regulations to implement the Volcker Rule—in the form currently proposed under the Dodd-Frank Wall Street Reform and Consumer Protection Act— could adversely impact energy markets, raising energy costs and increasing price volatility, according to a new report by information and analytics provider IHS (NYSE: IHS). The ensuing economic impacts on the segments examined in the report could result in up to 200,000 fewer jobs and $34 billion (2005 dollars) less in U.S.

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