As one of his first acts as president, Sen. Pete Domenici (R-NM)has called on President-elect George W. Bush to order the threefederal agencies that have jurisdiction over U.S. energy supply tocraft coordinated policies to address the energy crisis facing thenation.
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Bush Gets Lots of Energy Advice
Just what can the energy industry expect to encounter underincoming President-elect George W. Bush’s administration? It’s asafe bet the former Midland, TX, oilman, paired with formerHalliburton CEO Dick Cheney, will be more open to expanding oil& gas exploration and production. Beyond that, anyone with aninterest in making friends and influencing people in the new Bushadministration, might make use of the following list of Dubya’sEnergy Transition Advisory Team:
Bush Taps Former Colorado AG to Head Interior Dept.
President-elect George W. Bush named Gale Norton, a formerColorado attorney general to head the Interior Department onFriday.
California Interests Bullish on Mexican Energy Prospects
The prospect of privatization of Mexico’s energy industry underits President-elect Vicente Fox has California interests salivatingbecause already robust demand and infrastructure activity in NorthBaja and along the other northern states promises to get evenhotter under the new political leadership in the next few years.
Shareholder Return Tops Chevron’s List
In an effort to achieve the best shareholder return among oil majors from 2000 to 2004, Chevron Chairman Ken Derr and Chairman-elect Dave O’Reilly told security analysts last week the company plans to increase worldwide oil and gas production at an annual growth rate of 4 to 4.5%.
Shareholder Return Tops Chevron’s List
In an effort to achieve the best shareholder return among oilmajors from 2000 to 2004, Chevron Chairman Ken Derr andChairman-elect Dave O’Reilly told security analysts yesterday thecompany plans to increase worldwide oil and gas production at anannual growth rate of 4 to 4.5%.