Sen. John Cornyn of Texas said the fall legislative session will likely be bogged down with spending and debt ceiling debates, but there are legislative efforts in the works to expand natural gas exports and lift a ban on shipping crude oil overseas.
After private meetings in Jeddah on the Red Sea coast, Defense Secretary Ashton Carter told reporters that King Salman and his defense minister “reiterated their support” for the deal to curb Iran’s nuclear program while expressing reservations about its enforcement.
The oil and gas industry faces winnowing options for getting rid of the wastewater that flows out of wells, as the EPA moves to block municipal treatment facilities from accepting it and earthquake fears prompt some states to restrict underground disposal.
Utah Division of Oil, Gas and Mining director John Baza said Monday the decision addresses concerns raised by opposition while acknowledging that U.S. Oil Sands, the Canadian company building the mine, has complied with regulations.
Congress should not use the nation’s emergency oil stockpile as an ATM, with sales of the crude funding unrelated legislative priorities, Sen. Lisa Murkowski said as she toured one of the Louisiana sites that makes up the United States’ Strategic Petroleum Reserve.
More than a dozen oil companies and drilling contractors joined leading industry trade groups in pushing back against proposed federal mandates for offshore wells they say would make some impossible to drill. The proposed requirements were spurred by the Deepwater Horizon disaster.
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