As a bipartisan group of senators worked behind closed doors Friday to shave more than $100 billion from the $900 billion-plus economic stimulus package, Capitol Hill sources expected that the bulk of the tax cuts and spending for renewable fuels production, construction of power transmission facilities and energy conservation would survive.
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Energy Stimulus Programs Expected to Escape ‘Deep Cuts’
As a bipartisan group of senators worked behind closed doors Friday to shave more than $100 billion from the $900 billion-plus economic stimulus package, Capitol Hill sources expected that the bulk of the tax cuts and spending for renewable fuels production, construction of power transmission facilities and energy conservation would survive.
Wyoming Governor to Support BLM’s Pinedale Anticline Plan
Wyoming Gov. Dave Freudenthal has changed course and put his support behind a federal plan to manage oil and natural gas development on the Pinedale Anticline, which allows, among other things, up to 4,000 new wells to be drilled.
Wyoming Governor to Support BLM’s Pinedale Anticline Plan
Wyoming Gov. Dave Freudenthal has changed course and put his support behind a federal plan to manage oil and natural gas development on the Pinedale Anticline, which allows, among other things, up to 4,000 new wells to be drilled.
Gloom Is Fading in Canada’s Energy Patch
Canadian natural gas exporters, putting formerly negative currency and price trends behind them, are marching back into positive income and drilling territory, government and industry records show.
Gloom Is Fading in Canada’s Energy Patch
Canadian natural gas exporters, putting formerly negative currency and price trends behind them, are marching back into positive income and drilling territory, government and industry records show.
Transportation Notes
Tennessee said it was allowing all production behind the Grand Chenier and Sabine processing plants that had been ordered to shut in Monday due to Tropical Storm Edouard to resume flows Wednesday.
Oregon Balks at FERC LNG Powers; NorthernStar Active with State
Controversy over liquefied natural gas (LNG) terminal proposals in Oregon is one impetus behind a Congressional move Monday to rescind FERC’s jurisdiction over LNG facility siting. Gov. Ted Kulongoski has lawyers looking at the state’s rights to withhold permits for federally approved projects with which Oregon disagrees.
Lone Holdout Citigroup Settles With Enron Creditors
In a step that moves Enron Corp. a big step forward in putting its past behind it, Citigroup Inc. agreed to pay $1.66 billion and give up an estimated $4.25 billion in claims to settle a six-year-old lawsuit with creditors over the bank’s alleged role in the energy trader’s demise.
Lone Holdout Citigroup Agrees to Settle With Enron Creditors
In a step that moves Enron Corp. a big step forward in putting its past behind it, Citigroup Inc. agreed to pay $1.66 billion and give up an estimated $4.25 billion in claims to settle a six-year-old lawsuit with creditors over the bank’s alleged role in the energy trader’s demise.