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Big oil urges Trump to hold course on ethanol “point of obligation”

The oil industry’s largest lobbying group urged President Donald Trump Wednesday not to move responsibility for meeting the federal ethanol mandate away from oil refineries, arguing it would further complicate an already “broken system.” “Moving the point of obligation does n ...

Ethanol credit prices fall on Trump’s regulatory freeze

President Donald Trump’s decision to delay an increase in the amount of ethanol blended into the country’s fuel supply appears to have offered some reprieve to U.S. oil refineries. The price of the Renewable Identification Number credits the government requires refineries to buy in order ...

U.S. added 6,400 MW of wind turbines in final months of 2016

There’s no slowing down for the U.S. wind energy industry. In the last three months of 2016, more than 6,400 megawatts worth of new turbines were installed nationwide, the second strongest quarter on record, according to a new report by the American Wind Energy Association. “With our two ...

James Baker among GOP group pressing carbon tax to Trump

Some big name Republicans have joined on to a coalition lobbying to combat climate change through a carbon tax. A group that includes former Secretary of State James Baker III, former Treasury Secretary Hank Paulson, former Secretary of State George Shultz and former Walmart Chairman Rob Walton are ...

Barry Smitherman, former Texas energy official, in running to chair FERC

WASHINGTON – Former Texas Railroad Commission chairman Barry Smitherman is under consideration to be the next chairman of the Federal Energy Regulatory Commission. Smitherman, a Houston lawyer and former Harris County prosecutor, met with President Donald Trump’s transition team ahead of the preside ...

Senate votes to overturn anti-corruption rule on drilling abroad

A federal regulation designed to block U.S. oil and gas companies from bribing foreign officials for access to lucrative drilling rights is set for repeal after a Senate vote early Friday morning. The subject of intense litigation, the rule required energy and mineral companies to disclose payments ...

Senate confirms Tillerson as Secretary of State

  WASHINGTON – Former Exxon CEO Rex Tillerson was confirmed as secretary of state Wednesday in a close, primarily party-line vote in the Senate. The vote was 56 to 43, with all Republicans, three Democrats, and an Independent, Senator Angus King of Maine,  voting to confirm Tillerson. The three ...

Perry headed to senate for confirmation vote

Former Texas Governor Rick Perry drew closer to confirmation as Energy Secretary, as the Senate Energy and Natural Resources Committee elected Tuesday to move his nomination to the senate floor. With bipartisan support, the committee voted 16-7 in favor of Perry. The Interior Secretary nominee Rep. ...

Tillerson nears senate vote for confirmation

Former Exxon Mobil CEO Rex Tillerson is nearing a final decision in the Senate on whether he will be the next secretary of state. The Senate voted 56-43 Monday to limit debate on the nomination to 30 hours, likely setting up a floor vote in the Senate Wednesday. With Republicans controlling the Sena ...

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