Didn't even have to get to the second paragraph to know that this was just more shilling for the oil companies trying to hold on to those juicy tax credits.  
"...could result in an additional 300,000 to 500,000 barrels of new oil production per day..."  Hey!  That comes to a million barrels a day!  Well, if it worked for Sean Parnell once, why not use the same fiction again?  The rubes will fall for it every time.