Altogether

Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama on Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.

New Jersey isn’t even a player in the shale game, but lawmakers there have decided to leave the stadium altogether.

New Jersey isn’t even a player in the shale game, but lawmakers there have decided to leave the stadium altogether.

President Bush’s final “State of the Union” speech to the nation last Monday left out oil and natural gas altogether, but the president, in fact sheets released prior to the address, urged Congress to pass legislation during 2008 that provides greater access to domestic oil and gas resources in the Outer Continental Shelf (OCS) and Alaska.

President Bush’s final “State of the Union” speech to the nation Monday night left out oil and natural gas altogether, but the president, in fact sheets released prior to the address, urged Congress to pass legislation that opens access to domestic oil and gas resources in the Outer Continental Shelf (OCS) and Alaska.

As the Democratic-controlled Congress seeks to significantly restrict the royalty-in-kind (RIK) program or do away with it altogether, the Interior Department’s Minerals Management Service (MMS) said in a report to Congress that the program continues to outperform all of the objectives that the agency has set for it.

As the Democratic-controlled Congress seeks to significantly restrict the royalty-in-kind (RIK) program or do away with it altogether, the Interior Department’s Minerals Management Service (MMS) said in a report to Congress that the program continues to outperform all of the objectives that the agency has set for it.

The “desperation” by utilities to consolidate, mutate or get outof the business altogether is a good thing, said utilities analystDaniel Ford of ABN AMRO, because this fear is where most of thestock values are now being created. Ford, a keynote speaker at lastweek’s PowerMart 2000 in Houston, called investors a “ficklebunch,” but added they are sticking with utility stocks.

The “desperation” by utilities to consolidate, mutate or get outof the business altogether is a good thing, said utilities analystDaniel Ford of ABN AMRO, because this fear is where most of thestock values are now being created. Ford, a keynote speaker atPowerMart 2000 in Houston, called investors a “fickle bunch,” butadded they are sticking with utility stocks.