The Senate Banking Committee voted out legislation overhauling the financial reform in less than a half hour late Monday. The measure has drawn fire from the energy industry for its failure to provide end-users, such as industrial consumers and producers, with an exemption from the proposed clearing and trading requirements for the nearly $500 trillion over-the-counter (OTC) derivatives market.
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Articles from Overhauling
Sage Grouse Concerns to Limit Powder River Drilling
The Bureau of Land Management (BLM) Buffalo Field Office in Wyoming, which oversees most of the Powder River Basin (PRB), is overhauling its 23-year-old resource management plan (RMP) and until the four-year process is completed, energy permits will be reviewed on a case-by-case basis and only one well pad per 640 acres — or about a mile — will be allowed, officials said last week.
August 18, 2008
House Passes Endangered Species Law Reform
The House last week passed by a vote of 229-193 legislation overhauling the 1973 Endangered Species Act, which aims to make the process more efficient and also give back some of the private property rights that were lost in the original legislation.
October 3, 2005
Bill Introduced to Revamp Federal Royalty Collection
Rep. William M. “Mac” Thornberry (R-TX) introduced legislationWednesday aimed at “completely overhauling the current system” usedby the federal government to collect royalties on oil and naturalgas production.
March 5, 1998
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