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Bill

Richardson Will Fill SPR With Royalty Oil

Energy Secretary Bill Richardson last week announced the Clintonadministration will allow producers with offshore federal leases topay part of their royalties with oil for a limited time rather thanwith cash. This action would help to draw down the oil oversupplythat has been depressing prices and provide some relief, if onlytemporarily, to small oil and gas producers. Richardson indicatedthe department will disclose further initiatives this week to boostlagging oil and gas production in the United States.

February 15, 1999

Williams Buys Rest of Volunteer Energy

Williams Energy Services has acquired full ownership ofVolunteer Energy Corp., increasing its stake from 50%.

November 23, 1998

Richardson Visits Venezuela, Mexico; Names Staff

New U.S. Energy Secretary Bill Richardson said two importantitems he would be pursuing in his visits last week to Venezuela andMexico would be the hemispheric integration of energy policy andthe possibility of a common electric grid. He added it is highlysignificant and symbolic that this first official call on foreigngovernments as Energy Department head will be to the two LatinAmerican nations most important to U.S. energy interests.

October 26, 1998

Richardson Staff Rapidly Expanding

While Energy Secretary Bill Richardson was visiting Venezuelaand Mexico last week, DOE issued a list of 20 new appointments hehas made at the agency, which are in addition to the seven alreadyannounced in his six weeks on the job.

October 26, 1998

Richardson Heads for Venezuela, Mexico

New U.S. Energy Secretary Bill Richardson said two importantitems he will be pursuing in his current visits to Venezuela andMexico will be the hemispheric integration of energy policy and thepossibility of a common electric grid. He added it is highlysignificant and symbolic that this first official call on foreigngovernments as Energy Department head will be to the two LatinAmerican nations most important to U.S. energy interests.

October 20, 1998

DOE’s Richardson Awards New Mexico Contract

The New Mexico Institute of Mining and Technology has received aplum from a favorite son, new Energy Secretary Bill Richardson, whoannounced the award of a $1.5 million DOE contract to determine thebest way to boost gas production from some of New Mexico’s mostdifficult geologic formations.

October 14, 1998

Southern Embracing Gas-Fired Power, at least for Now

Southern Company CEO A.W. “Bill” Dahlberg is something more thanshy about predicting where gas prices will go. But the industry’sembrace of gas-fired generation does prompt a modestly optimisticresponse to the question. “It would be logical to say that ifthere’s that much new demand for gas, the likelihood is that itwill drift up. And I guess if I were making the bet, that’sprobably the bet that I would make,” Dahlberg told reporters duringa briefing at the 17th Congress of the World Energy CouncilWednesday in Houston.

September 17, 1998

Richardson Sworn In as DOE Secretary

Bill Richardson was sworn in as the new energy secretary onTuesday, one day after Senate Energy Committee Chairman FrankMurkowski (R-AK) cleared him of allegations that he may have misledCongress when testifying during his confirmation hearing last monthabout a job offer he made to former White House intern Monica S.Lewinsky.

August 21, 1998

Report Richardson Misled Congress Is False

Senate Energy Committee Chairman Frank Murkowski (R-AK) onMonday cleared Energy Secretary in-waiting Bill Richardson ofallegations that he may have misled Congress when testifying duringhis confirmation hearing last month about a job offer he made toformer White House intern Monica S. Lewinsky.

August 19, 1998

Committee Votes Out Richardson Nomination

The Senate Energy and Natural Resources Committee has approvedthe nomination of Bill Richardson, currently U.S. ambassador to theUnited Nations, to become the next secretary to the Department ofEnergy (DOE).

July 31, 1998