Tag: US energy policy

Massive House GOP Energy Bill Praised, Pilloried in Marathon First Hearing

The 175-page Lower Energy Costs Act is an omnibus package that bundles 16 Republican-sponsored bills, two resolutions, and 68—and counting—amendments into one measure designed to “unleash America’s energy” by rolling back many of the “green energy” emphases adopted by the U.S. House of Representatives during four years of Democrat control. The bill carries the designation of…


House GOP Seeks to Undo Biden’s ‘Rush to Green Energy’ in Sweeping Bill

ORLANDO, Fla.—House Republicans plan to put an omnibus “unleash America’s energy” bill that would open the throttle on domestic oil/gas production, build more pipelines, and improve refineries for expanded exports onto the chamber floor for adoption before the end of March. “Next week, there will be a great debate on the floor and we’ll send…


Biden Administration Approves Massive Oil Drilling Project in Alaska

The Biden administration’s decision to allow ConocoPhillips to proceed with its $8 billion North Slope Alaska Willow Project while making the Arctic Ocean off-limits to oil development and banning new leases on 13 million of the National Petroleum Reserve-Alaska’s 23 million acres is drawing criticism from all sides. But don’t count ConocoPhillips among the critics….


House GOP: Biden’s ‘Green Budget’ Is DOA

President Joe Biden’s $6.9 trillion Fiscal Year 2024 (FY24) budget request sustains the green energy emphases established with the adoptions of the Infrastructure Reduction Act and Bipartisan Infrastructure Law, and increases spending to combat the “climate crisis” by 26 percent. Biden’s FY24 budget request, released March 9—more than a month late in the annual budget…


Biden’s Budget Invests Billions in Green Energy; House GOP Says Will Lead to Higher Costs

President Joe Biden’s $6.9 trillion Fiscal Year 2024 (FY24) budget request sustains the green energy emphases established with the adoptions of the Infrastructure Reduction Act and Bipartisan Infrastructure Law, and increases spending to combat the “climate crisis” by 26 percent. Biden’s FY24 budget request, released March 9—more than a month late in the annual budget…


Biden Finds No Olive Branches on Alaska’s North Slope in Pending Willow Decision

President Joe Biden is stuck between Alaska’s North Slope and a hard place in pondering his pending decision to deny or endorse Conoco-Phillips’ $8 billion Willow Project, the largest new oil field development proposed in the United States in decades. Among Biden’s 2020 campaign pledges was “no, no, no more” new oil drilling on federal…


With $5 Billion on Tap, Long-Ignored ‘Orphan’ Wells, Abandoned Mines Are Now Urgencies

Defunct oil/gas wells and abandoned mines have long been lore-of-the-ore backstories in literally and figuratively shaping much of the landscape across the United States but, until recently, there was no comprehensive plan to plug these often hazardous sites. In fact, listing oil/gas wells and mines without liable owners was arduous because many pre-date environmental regulations,…


Long-Ignored ‘Orphan’ Wells, Abandoned Mines Are Now Urgencies, With $5 Billion in Funds

Defunct oil/gas wells and abandoned mines have long been lore-of-the-ore backstories in literally and figuratively shaping much of the United States’ landscape because, until recently, there was no comprehensive plan to plug these often hazardous sites. In fact, listing oil/gas wells and mines without liable owners was arduous, because many pre-date environmental regulations have no records…


BP: Russia-Ukraine War a Green Energy Boom

Russia’s war with Ukraine has many nations examining ways to shorten supply lines by generating more domestic energy, which will speed a global transition away from fossil fuels “to a more decarbonized system,” forecasts BP Chief Economist Spencer Dale. “Right now, oil and gas are the most heavily imported sources of energy in the world,”…


House GOP Turns Up the Heat on Push for Oil, Gas Permitting, Regulation Reform

Republicans are mining what they hope is a rich vein of public sentiment favoring fossil fuels with a sled of legislation introduced since January that seeks to unbridle domestic oil and gas producers from regulatory restraints allegedly being exploited by the Biden administration in pushing “rush to green energy policies.” Those proposals include a 17-bill…