President Trump is betting that, by touting deregulation and deriding his Democratic opponent as an extremist who will raise taxes and throw wrenches into oil and gas development, he will galvanize domestic energy industry support ahead of the November election. Culminating the Republican National Committee (RNC) convention Thursday night in Washington, DC, Trump claimed his…
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GOP Doubles Down on Deregulation, as Trump Claims Biden to ‘Lay Waste’ to U.S. Oil, Natural Gas
President Trump is betting that, by touting deregulation and deriding his Democratic opponent as an extremist who will raise taxes and throw wrenches into oil and gas development, he will galvanize domestic energy industry support ahead of the November election. Culminating the Republican National Committee (RNC) convention Thursday night in Washington, DC, Trump claimed his…
As Election Nears, U.S. Energy Industry Assessing Impacts of Possible Trump Loss
The oil and gas industry is bracing for a possible November victory by Joseph R. Biden Jr., who is leading in the polls and who officially accepted the Democratic nomination last Thursday from Wilmington, DE. President Trump was officially nominated for a second term on Monday as the Republican convention began. Although energy policy has…
Oil, Natural Gas Industry Bracing for Possible Regime Change as Biden Accepts Democratic Nomination
The oil and gas industry is bracing for a possible November victory by Joseph R. Biden Jr., who is leading in the polls and who officially accepted the Democratic nomination Thursday from Wilmington, DE. Although energy policy has taken a backseat to the Covid-19 pandemic and economic hardship facing Americans, climate change has nonetheless garnered…
BLM Opening New Headquarters in Colorado
The Department of Interior’s Bureau (DOI) of Land Management (BLM) will move its headquarters from Washington, DC, to Grand Junction, CO, the agency said. “This relocation strengthens our relationship with communities in the West by ensuring decision makers are living and working closer to the lands they manage for the American people. This effort will…
Trump Grants Presidential Permit to TC’s Cross-Border Keystone XL Pipeline
Calgary-based TC Energy Corp. on Wednesday was granted a Presidential Permit by President Trump to increase oil exports by about 6% on the 10-year-old but stalled Keystone XL pipeline system, which is designed to move Canadian crude to Gulf Coast markets. The approval follows a 2019 open season that would add 50,000 b/d to the…
Trump to Nominate Two More to Federal Energy Regulatory Commission
President Trump intends to nominate Mark Christie, the current chairman of the Virginia State Corporation Commission, and Allison Clements, the founder and president of energy policy and strategy consulting firm Goodgrid LLC, to become FERC commissioners, the White House said Monday. Christie previously was president of the Organization of PJM States Inc. and served on…
Trump Administration Altered Social Cost of Carbon Formula to Support Deregulation, Say Critics
The federal government’s current social cost of carbon estimates, which are used to calculate regulatory impact analyses for energy and other projects, are far lower than its prior estimates, due to Trump administration changes to the formula, according to a report from the U.S. Government Accountability Office (GAO). While both current and previous were calculated…
GOP Lawmakers Want White House to Block Financial Institutions’ ‘Discrimination’ Against Energy Sector
Republican members of Congress have asked the Trump administration to battle what they say is discrimination against the U.S. fossil fuel industry by domestic financial institutions.
Trump Administration Nearing Plan to Assist Oil, Natural Gas Industry Through Pandemic
Federal government agencies continue to plan some form of assistance, possible including bridge loans, to help the oil and natural gas industries shoulder the impacts of the global coronavirus pandemic and resulting economic slowdown, President Trump said Tuesday.