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HomeEnergy Policy

Energy Policy

Senators
Energy Policy

N.D. Senators Statement on Oil and Gas Lawsuit

August 15, 2022 Mariel Alumit

BISMARCK – U.S. Senators Kevin Cramer and John Hoeven (R-ND) issued the following statements after the D.C. District Court approved North Dakota Attorney General Drew Wrigley’s Motion to Intervene in environmentalist interest groups’ attempt to invalidate […]

Biden administration
EIA News

Markets Think Biden Administration Faked Gas Demand Data To Force Prices Down

August 10, 2022 Mariel Alumit

WTI crude has lost ~9.5% over the previous week, landing at $89.26/bbl, losing essentially all the gains it had made since Russia invaded Ukraine. It was the largest one-week percentage decline since April, amid growing […]

Climate
Energy Policy

Climate bill would force oil companies to pay more to drill on federal land

August 10, 2022 Mariel Alumit

(Bloomberg) — The climate-and-tax bill passed by the Senate would force oil companies to pay more for drilling on federal land and block them from stockpiling leases at rock-bottom prices, changes that conservationists and good-government […]

U.S. coal
Climate Crisis

U.S. coal plants delay closures in hurdle for clean energy transition

August 10, 2022 Mariel Alumit

SHEBOYGAN, Wisc., Aug 10 (Reuters) – Travel brochures in Sheboygan, Wisconsin, tout the town’s beaches on Lake Michigan as the Malibu of the Midwest. But pages of glossy photos leave out a feature of the […]

tax and energy
Energy Policy

Oil companies, renewable energy among winners of Democrats’ tax and energy bill

August 9, 2022 Mariel Alumit

(Bloomberg) — President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. The tax and energy bill passed Sunday […]

U.S. Senate
Energy Policy

U.S. Senate approves bill to fight climate change, cut drug costs in win for Biden

August 8, 2022 Mariel Alumit

WASHINGTON, Aug 7 (Reuters) – The U.S. Senate on Sunday passed a sweeping $430 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes, a major victory for President Joe […]

Manchin Spending Deal Includes Billions in Oil Import Taxes
Energy Policy

Manchin Spending Deal Includes Billions in Oil Import Taxes

August 2, 2022 Stu Turley

  The climate and tax spending deal announced last week by Senate Majority Leader Chuck Schumer and Senator Joe Manchin could cost billions in new taxes. The legislation, which may get a Senate vote as soon as this […]

Inflation Reduction Act
ENB Pub Note

Manchin and Schumer’s ‘Inflation Reduction Act’ a mixed bag for energy industry

August 1, 2022 Mariel Alumit

Energy Workforce continues to digest the potential reconciliation deal — the “Inflation Reduction Act” — in the Senate. Initial thoughts are mixed; some provisions may be beneficial to our sector while others will be negative. […]

Manchin
Energy Policy

How Manchin struck a miracle of a deal with Schumer, Pelosi and Biden

July 29, 2022 Mariel Alumit

A months-long standoff between Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) ended Wednesday when they reached a historic deal on deficit reduction, an Affordable Care Act extension, drug price reductions, climate and clean-energy investments to provide energy […]

U.S. Senate
Energy Policy

U.S. Senate climate deal ‘transformative’, backers say

July 29, 2022 Mariel Alumit

WASHINGTON, July 27 (Reuters) – The nearly $370 billion in climate and energy security measures in the budget reconciliation deal U.S. Senate Democrats struck on Wednesday were whittled down from previous versions of the bill, […]

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