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It’s time for presidential candidates to start outlining their plans for energy policy, a top oil industry leader says.
The American Petroleum Institute launched its “Vote 4 Energy” with a pledge to stay above the partisan fray while ensuring that energy policy is part of the political discussion leading up to the November 2016 elections.
Alan Armstrong said the decline in prices hasn’t changed the need for pipelines
State Rep. Phil King filed a pair of bills this week, cities seeking to ban fracking would need to gain approval from the state attorney general, pay the state to study the financial impact and reimburse the state for any lost tax revenue.
The measure has already drawn two formidable legal challenges, one from the Texas General Land Office and the other from the Texas Oil & Gas Association.
Crude prices are plunging amid signs that OPEC won’t act to eliminate a surplus as global growth slows.
Groups clashing over Denton’s fracking ban proposition have raised more money than in any campaign in the city’s history.
Trustees signed an “option to lease” agreement for the property with a subsidiary of Woodlands-based NextDecade, a privately owned company focused planning to build a $6 billion liquefaction plant on the small island north of Galveston, said Port Director Michael Mierzwa said.
North Dakota Republicans have put forward a plan to spend millions on rising problems in the wake of the oil boom in the state and the population increase that has resulted.
Texas Railroad Commissioner David Porter returned Thursday from a visit to oil installations with a grim safety assessment. But the industry, he stressed, was not to blame.