The new GOP-crafted compromise on oil and gas leasing in the eastern Gulf of Mexico will be introduced as stand-alone legislation in the Senate later this month, according to a spokeswoman for Senate Majority Leader Bill Frist (R-TN). It will not serve, as some expected, as a vehicle for other unrelated energy measures that could weigh down the bill in the legislative process.
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Alaska Reserves Tax Ballot Measure Will Go to Voters Nov. 7
The Alaska gas reserves tax ballot initiative, crafted last summer by Anchorage Democratic Reps. Eric Croft and Harry Crawford, was certified this week and will head to voters Nov. 7 regardless of what the legislature does with a bill that would impose a similar tax on state leaseholders.
New Jersey Eyes Pact with BP on LNG Terminal, Battles Delaware Over Jurisdiction
An agreement is being crafted that would give the state of New Jersey ownership over the pier that would extend into the Delaware River from BP’s proposed Crown Landing LNG terminal. The state believes the agreement will help it win a jurisdictional dispute with Delaware over construction of the pier and development of the terminal.
House-Passed Energy Bill Offers Tax Breaks, Opens ANWR and Clarifies LNG Siting
The House on Thursday passed by a wide margin Republican-crafted omnibus energy legislation that gives energy companies multi-billion dollar tax breaks, clarifies that FERC has sole authority over the siting of liquefied natural gas (LNG) import terminals and lays the groundwork for oil and natural gas exploration and production to begin on the coastal plain of the Arctic National Wildlife Refuge (ANWR). The House bill is a major victory for President Bush, who has backed drilling in ANWR as part of his national energy policy.
Houses Passes Broad Energy Bill — Again
House lawmakers last Tuesday voted out the omnibus Republican-crafted energy bill by a wide margin for the second time in nearly seven months, sending it to the Senate in hopes of jump-starting action on the stalled bill in that chamber.
Houses Passes Broad Energy Bill — Again
House lawmakers on Tuesday voted out the omnibus Republican-crafted energy bill by a wide margin for the second time in nearly seven months, sending it to the Senate in hopes of jump-starting action on the stalled bill in that chamber.
Democrats List ‘Parade of Horribles’ in GOP Energy Bill
The Republican-crafted energy bill has drawn Democratic fire on a host of provisions affecting the oil and natural gas industry, which they say will “raid the Treasury for billions.”
GOP Energy Proposal to Call for FERC to Collect Gas, Power Prices
The Republican-crafted draft energy bill would require the Federal Energy Regulatory Commission to gather data on natural gas and electricity prices, according to Republican aides on Capitol Hill.
GOP Energy Proposal Calls for FERC to Collect Gas, Power Prices
The Republican-crafted draft energy bill will require the Federal Energy Regulatory Commission to gather data on natural gas and electricity prices, according to Republican aides on Capitol Hill.
Domenici Sets Aggressive Timetable to Move Energy Bill Through Senate
The Senate is expected to take up consideration of a Republican-crafted comprehensive energy package on Monday (May 5), with a vote to come within two to three weeks, according to Capitol Hill observers.