Defeat

The oil and natural gas industry can breathe easier — at least for the time being — now that the joint House-Senate super committee has conceded defeat in reaching a bipartisan agreement to cut the federal deficit.

The oil and natural gas industry can breathe easier — at least for the time being — now that the joint House-Senate super committee has conceded defeat in reaching a bipartisan agreement to cut the federal deficit.

A Democratic bill (S. 940) to end $21 billion in oil and natural gas tax breaks for the five largest producers over the next decade was destined for defeat in the Senate late Tuesday.

Despite her defeat in the August primary and plans to run as a write-in candidate, Senate Republicans last Wednesday did not remove Sen. Lisa Murkowski (R-AK) as the ranking Republican of the powerful Senate Energy and Natural Resources Committee.

Despite her defeat in the August primary and plans to run as a write-in candidate, Senate Republicans Wednesday did not remove Sen. Lisa Murkowski (R-AK) as the ranking Republican of the powerful Senate Energy and Natural Resources Committee.

An abrupt defeat has been dealt to an attempt to stunt Canada’s Arctic natural gas pipeline and production project before it has a chance to grow.

An abrupt defeat has been dealt to an attempt to stunt Canada’s Arctic natural gas pipeline and production project before it has a chance to grow.

The Louisiana Oil & Gas Association (LOGA) has called on a House lawmaker representing the state to “work to defeat or amend” President Obama’s fiscal year 2010 budget that proposes a $30 billion-plus tax hike on oil and natural gas producers.

House Democrats suffered a major defeat Wednesday as they failed to garner a two-thirds majority needed to pass a $10 billion omnibus lands package (S. 22) that would take millions of acres of public lands in the West off the table for potential oil and natural gas development.