A top House Republican is pushing to subpoena government documents he says could shed light on how the Obama administration justified its five-month ban on deep-water drilling in the wake of the 2010 Gulf oil spill.
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The British government on Thursday gave oil company BP PLC the go-ahead to drill a new deep-water well in Scottish waters off the northwest coast of the Shetland Islands, rankling environmentalists.
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House Republicans plan to try to rework and revive stalled legislation that would link expanded oil and gas production with highway and road projects, a top GOP lawmaker said.
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Senate Majority Leader Harry Reid, D-Nev., says the Senate soon will consider a measure on repealing oil and gas industry tax breaks, a priority of President Obama’s.
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The Interior Department has not made any final decision on raising the royalty rate for oil-and-gas production on federal lands, Bureau of Land Management Director Bob Abbey said Tuesday. Abbey also said his agency hoped to unveil its impending rules for hydraulic fracturing on federal lands in April.
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Parties to a lawsuit over the safety of BP’s Atlantis production platform in the Gulf of Mexico should re-file key documents with an eye toward making them public, a federal judge said.
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Posted on March 20, 2012 at 6:47 am by Associated Press in
Drilling,
Natural Gas
At first glance, Amite County’s entry into the oil boom business could be a two-headed monster.
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An increasing proportion of Americans favor further development of oil, natural gas and coal, but a majority of Americans still favor alternative energy, according to a new poll.
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Television actor Alec Baldwin launched into a fiery attack against Republican Jim Inhofe on Twitter, accusing the Oklahoma Senator of being an “oil whore.”
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Posted on March 19, 2012 at 6:59 am by Associated Press in
Drilling
Pump prices on his mind, President Barack Obama says Congress should kill tax breaks for the oil and gas industry and help develop alternative sources of energy.
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The Coast Guard chief of staff in Alaska says the agency is preparing for possible protests of petroleum drilling in Arctic waters at a port where support vessels may be staged.
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Democrats increased their recent calls for President Obama to release oil from the Strategic Petroleum Reserve, noting oil prices dropped Thursday after a report, which the White House denied, that the U.S. and Britain had agreed to release oil from their reserves.
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