Another year, another budget blueprint from President Obama, another attempt to increase the taxes paid by the oil and gas industry. After trying and failing for four consecutive years, the budget to be released this morning by the president includes what senior administration officials describe as “closing of unfair tax loopholes” including “tax loopholes for  Read More  More »

Rep. Kevin Brady, a Republican from The Woodlands, said his goal is to modernize energy tax code provisions to focus on “making it more competitive globally.”  More »

Rep. Kevin Brady is a busy man these days. He’s chairing Congress’ Joint Economic Committee. He’s heading up the House Ways & Means Committee Health Subcommittee. And now he’s taking on new and significant responsibilities: He’s been asked by House Ways & Means Committee Chairman Dave Camp to coordinate a bipartisan task force looking at  Read More  More »

It may not be the biggest political surprise of 2012 — after all, he is a conservative energy executive — but Dallas billionaire T. Boone Pickens is backing Mitt Romney for president. Two days before Election Day, Pickens explained in an op-ed piece in the Pittsburgh Post-Gazette why he picked the former Massachusetts governor over  Read More  More »

Four Texas counties are among the nation’s top ten users of gasoline, according to a new study released today by the Sierra Club, League of Conservation Voters and the Natural Resources Defense Council.  More »

Allison MacFarlane, the new chair of the Nuclear Regulatory Commission, is a geologist — the first to lead the commission. And she views that as a fortunate thing for the commission and the industry.  More »

“The fact that Dr. Armendariz was just blocks away and still refused to testify at our hearing raises even more questions. If he had time on his schedule to meet with the Sierra Club, it is even less clear why he was unable to fulfill his prior commitment to testify,” said Rep. Fred Upton.  More »

Another day, another oil-bashing proposal in the nation’s capital.  More »

Texas Gov. Rick Perry, the red-hot candidate for the Republican president nomination, scoffed at global warming at a breakfast meeting with business leaders in Bedford, N.H., this morning.  More »

Rep. Pete Olson, R-Sugar Land, writes a guest column about the expansion of energy exploration and its ties to turning around the economy.  More »

When it comes to energy policy, Democrats and Republicans agree high gasoline prices are bad. But after a year of bipartisan finger-pointing as the price of gas at the pump has gone up and up, Congress and the White House have done little to counteract high prices or to free America from its dependency on imported oil.  More »

Promises from the White House to ramp up domestic energy production didn’t convince the Texas senator, who said she would continue to push legislation to extend leases for offshore operators to make up for time lost as a result of the Gulf drilling ban last year.  More »