Congress

Markets Shrug Off Weather Worries, Push Up February Natural Gas Futures

Markets Shrug Off Weather Worries, Push Up February Natural Gas Futures

Natural gas futures slipped early on Monday following forecasts for mild weather and diminished heating demand. However, they rebounded in afternoon trading and finished in the green amid anticipation of a late-month surge in frigid temperatures. The February Nymex gas futures contract settled at $2.747/MMBtu, up 4.7 cents day/day after falling more than 10 cents…

January 11, 2021

Shale Country Pennsylvania Seat Awaits Official Winner in Lamb, Saccone Race

Democrat Conor Lamb declared victory this week with only a few hundred more votes than his opponent in the shale country congressional race in southwest Pennsylvania. The seat has been held by a Republican for more than a decade, but the results may be unofficial for weeks.

March 15, 2018

Investors Embrace ETP’s $1.57B Rover Deal, But Project Still Under Scrutiny

Energy Transfer Partners LP’s (ETP) plans to sell a 32.44% stake in its Rover Pipeline to private equity for $1.57 billion met with generally positive reactions from investors Tuesday, but the project still faces uncertainty amid scrutiny from regulators and from Congress.

August 2, 2017

Trump Barely Mentions Energy in First Address to Congress

President Trump devoted less than two minutes of his first address to Congress to discuss energy issues, but he used the plenum Tuesday evening as an opportunity to mention several of his accomplishments during his first weeks in office.

March 1, 2017

Bishop Says House Will Begin Repeal of BLM’s Flaring/Venting Rules This Week

Rep. Rob Bishop (R-UT) said House lawmakers plan to invoke the Congressional Review Act (CRA) this week to repeal two rules enacted during the Obama administration, including the Bureau of Land Management’s (BLM) rules governing flaring and venting of associated natural gas on public and tribal lands.

January 27, 2017

House Will Begin Repeal of BLM’s Flaring/Venting Rules This Week, Bishop Says

Rep. Rob Bishop (R-UT) said House lawmakers plan to invoke the Congressional Review Act (CRA) this week to repeal two rules enacted during the Obama administration, including the Bureau of Land Management’s (BLM) rules governing flaring and venting of associated natural gas on public and tribal lands.

January 27, 2017

Congress May Wait on Energy Reform, LNG Left Out of Talks, Staffer Says

Language to speed up approval of liquefied natural gas (LNG) export projects could get left behind as lawmakers in the Senate and House conference try to rescue an energy reform bill before time runs out, a congressional staffer said Tuesday in Washington, DC.

December 1, 2016

Energy Bill Conference Lags; LNG Exports Excluded

Language to speed up approval of liquefied natural gas (LNG) export projects could get left behind as lawmakers in the Senate and House conference try to rescue an energy reform bill before time runs out, a congressional staffer said Tuesday in Washington, DC.

November 30, 2016

API Launches Campaign to Repeal or Reform Renewable Fuel Standard

The American Petroleum Institute (API) has launched a campaign encouraging Congress to repeal or reform the Renewable Fuel Standard (RFS), on the grounds that the program is outdated and that its higher ethanol mandates will hurt American consumers.

August 11, 2016

Federal Judge Rules BLM Fracking Oversight Unlawful

In a win for the oil and gas industry and its supporters, a federal judge in Wyoming ruled Tuesday that the Department of Interior’s (DOI) Bureau of Land Management (BLM) does not have the authority to enforce a rule governing hydraulic fracturing (fracking) on public and tribal lands.

June 22, 2016
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