Post Tagged with: "Congress"
Congress sets sites on climate change in Covid relief bill
The coronavirus relief bill passed by Congress toughens rules around use of a common heat-trapping chemical and funnels billions of dollars into renewable energy.
The measures, attached to a year-end government funding bill, were hailed by some lawmakers as …
Wall Street Retreats as Rate Cut Expectations Ease
From Reuters
U.S. stocks declined on Friday, as the S&P 500 retreated after closing at a record for three straight sessions, following an unexpectedly strong U.S. payrolls report that caused investors to rethink how dovish a turn the Federal Reserve …
White House Trade Adviser Navarro, Senator Grassley Believe Mexico Tariffs Unlikely to Happen
From Reuters
WASHINGTON (Reuters) – A White House trade adviser and a leading Republican senator said on Wednesday that a U.S. plan to impose tariffs on Mexican goods might not go into effect, offering hope for Mexico and American businesses …
Trump, Congress Reach Tentative Deal to Reopen Government for Three Weeks
From The Wall Street Journal
President Trump said Friday he had reached a deal with congressional leaders to reopen the government for three weeks while negotiations over border security funding continue, marking at least a temporary concession by the president …
As Climate Conversation Shifts, Pipeline Sector Looks to Educate New Lawmakers
From S&P Global/Platts
Industry maintains role in ‘logical’ transition to lower carbon system
Washington — As debate over responses to climate change gains a higher profile in Washington, the major trade group representing interstate natural gas pipelines said it is …
Congress Readies to Sell off Empty Space in Strategic Petroleum Reserve
What to do with a vast government complex of underground salt caverns that once held hundreds of millions of barrels of oil?
As Congress steadily sells off the oil contained within the Strategic Petroleum Reserve – residing 1,000 feet beneath …
100 Million Barrels of Strategic Oil Reserves to be Sold
Recent U.S. legislation has directed the sale of more than 100 million barrels of oil from the Strategic Petroleum Reserve (SPR) in government fiscal years 2022 through 2027.
Based on legislated sales established in multiple acts of Congress, the SPR …
Energy and Power Subcommittee Approves Draft of the Pipeline Safety Act of 2016
The Energy and Power Subcommittee has unanimously approved a discussion draft of the Pipeline Safety Act of 2016 to the full committee for consideration. The committee is working to enact pipeline safety reform and the bill is in the mark-up …
Coming this Week: Ending the 40-Year Oil Export Ban and 9 Years of Zero Interest… Maybe
Congress expected to vote to lift crude oil export ban; economists worry about low inflation
An end to the more than 40-year old crude oil export ban could soon be approaching. Members of Senate this week are expected to include …
House Set to Vote on Export Ban in September
House Majority Leader expected to announce vote today
Oil companies have been pushing hard in the last year to see the end of a four-decade-old ban on the export of U.S. crude oil. “The growing supply of American oil is …
Iran Deal Reached: Predictions on Added Crude Exports Range from 400-800 MBOPD
Opinions vary widely on how much Iranian crude will hit the market and when we can expect to see it
The much anticipated deal between Iran and the five permanent members of the U.N. Security Council, plus Germany (P5+1), was …
Keystone XL: Obama Veto Override Fails by 5 Votes
The Senate is unable to override the president’s veto of TransCanada’s (ticker: TRP) Keystone XL pipeline
The Senate was unable today to override President Obama’s veto of a bill that would have allowed for the construction of the Keystone XL …
New Bill to Speed up NatGas Exports
“LNG Permitting Certainty and Transparency Act” set to expedite LNG exports
Senators John Barrasso (R-WY) and Martin Heinrich (D-NM) introduced a bipartisan bill to Congress this week that will help to speed up approval times for liquid natural gas (LNG) …
Energy and Commerce Committee Chairman Upton’s “Architecture of Abundance”
During the EIA Energy Conference last week, July 14 to July 15, Michigan’s Representative Fred Upton (R) gave a speech about his ideal energy future. He called his plan the “Architecture of Abundance.” It is a plan with five pillars:…
Gardner’s LNG Bill Zips Through the House
According to govtrack.us, U.S. Representative Cory Gardner passed his H.R. 6 bill, also known as the Domestic Prosperity and Global Freedom Act, through the House on June 25, 2014. The bill passed on a count of 266-150, with 46 …
U.S. and Mexico to Jointly Develop Gulf of Mexico
An agreement between the U.S. and Mexico is prompting U.S. oil and gas offshore operators in the Gulf of Mexico to brush up on their Spanish.
The passage of H.R. 1613 in the U.S. House of Representative is expected to …
