Obama corporate-tax plan would boost clean energy
The corporate tax plan President Obama outlined on Wednesday would roll back oil-and-gas industry tax breaks while promoting more development of renewable energy such as wind and solar.
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Gas prices again fueling energy policy debate
Gasoline prices have once again risen to the forefront of energy policy debate, resulting in a political back-and-forth among lawmakers, interest groups and the Obama administration.
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U.S., Mexico, reach accord on drilling below maritime border
The U.S. and Mexican governments agreed Monday to cooperate on oil and gas development in waters along the nations’ maritime border in the Gulf of Mexico.
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No big energy provisions in payroll tax bill
The payroll tax cut bill that Congress approved today contained no big energy-related provisions, after speculation each side was seeking to include them in a compromise.
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Industry slams plan to hike royalty rate for federal lands
The oil-and-gas industry is attacking Interior Secretary Ken Salazar’s comment that his department planned to raise royalty rates for oil and gas produced on federal lands by 50 percent.
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Shell moves one step closer to drilling in the Chukchi Sea
The Interior Department said this morning it has approved Shell Oil’s plan to respond to potential oil spills in the Chukchi Sea, bringing the company one step closer to drilling in waters off the northern coast of Alaska.
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House OKs directing most BP spill fines to Gulf restoration
The House of Representatives on Thursday amended an energy-transportation bill to include language setting aside 80 percent of Clean Water Act fines from the 2010 Gulf of Mexico oil spill for restoration efforts.
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House passes bill that expands drilling, approves Keystone XL
The House of Representatives on Thursday passed a bill that would expand oil-and-gas production into new areas and approve the Keystone XL pipeline. But President Obama has threatened to veto the bill, and it stands little chance of passing the Democratic-held Senate.
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GOP, industry target EPA toxic-pollution rule
A top Republican is mounting a push to strike down the Environmental Protection Agency’s new mercury and air-toxics standards for power plants.
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Industry groups take aim at Salazar’s fracking suggestion
Oil and gas industry groups took issue with Interior Secretary Ken Salazar’s suggestion yesterday that companies would prefer a uniform national approach instead of a state-by-state approach when it comes to regulating various aspects of hydraulic fracturing.
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GOP seeks to tie Keystone XL to petroleum reserve
Three Republican senators introduced legislation this week that would bar the administration from releasing oil from the Strategic Petroleum Reserve unless it approves the Keystone XL pipeline.
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Oil industry battles SEC rules on disclosure
Lobbying is ramping up over proposed rules that would require oil, gas and mining companies listed with the Securities and Exchange Commission to disclose what they pay to nations where they extract resources for commercial purposes.
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