Encompassing

The Republican-dominated House of Representatives Thursday passed an energy bill that could be described as encompassing a producer’s wish list, but those wishes won’t come true unless and until GOP control spreads to the Senate and the White House.

The Republican-dominated House of Representatives Thursday passed an energy bill that could be described as encompassing a producer’s wish list, but those wishes won’t come true unless and until Republican control spreads to the Senate and the White House.

An early morning compromise Friday on the critical derivatives portion of the all-encompassing financial reform legislation reportedly would require federally insured banks to set up separate entities to trade the riskier types of derivatives, including those dealing with energy, metals and agriculture and credit default swaps, while preserving their ability to make less risky trades in currencies.

An early morning compromise Friday on the critical derivatives portion of the all-encompassing financial reform legislation reportedly would require federally insured banks to set up separate entities to trade the riskier types of derivatives, including those dealing with energy, metals and agriculture and credit default swaps, while preserving their ability to make less risky trades in currencies.

Late Wednesday the Senate appeared ready to end a three-day standoff over consideration of a bill encompassing a sweeping reform of the financial regulatory system and move the measure to the floor for debate. Senate Banking Committee ranking Republican Richard Shelby of Alabama conceded that his negotiations with Chairman Chris Dodd, D-CT, aimed at getting concessions in advance had failed and released his fellow Republicans to vote their conscience.

Late Wednesday the Senate appeared ready to end a three-day standoff over consideration of a bill encompassing a sweeping reform of the financial regulatory system and move the measure to the floor for debate. Senate Banking Committee ranking Republican Richard Shelby of Alabama conceded that his negotiations with Chairman Chris Dodd, D-CT, aimed at getting concessions in advance had failed and released his fellow Republicans to vote their conscience.

Democratic presidential candidate Sen. Barack Obama (D-IL) will be looking for a comprehensive, bipartisan approach on energy measures, encompassing development and drilling for conventional resources as well as energy efficiency, renewables and mitigating energy costs, a senior energy adviser told the Natural Gas Roundtable in Washington, DC, last Thursday.

Democratic presidential candidate Sen. Barack Obama (D-IL) will be looking for a comprehensive, bipartisan approach on energy measures, encompassing development and drilling for conventional resources as well as energy efficiency, renewables and mitigating energy costs, a campaign energy adviser told the Natural Gas Roundtable in Washington Thursday.

Legislation encompassing a sweeping reform of leasing and drilling rules in New York State that was signed by the governor last week is “a good compromise for all the parties involved,” according to Brad Gill, executive director of the Independent Oil and Gas Assoc. of New York (IOGA). “This is fair to operators and landowners.