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Oil producers’ hopes for lifting the crude export ban this year may have diminished, but they’re keeping pressure on Senate Democrats with an eye on 2016.
With Congress nearing a vote on oil exports, a group opposed to foreign crude sales is hitting the airwaves in five states.
Wins on Election Day gave Republicans more power to advance industry priorities such as Keystone XL and expanded opportunities for oil and gas drilling.
WASHINGTON — A last-minute deal in Colorado is aimed at averting a ballot showdown in November over the future of hydraulic fracturing and drilling regulations in the state that threatened to strand oil industry investments and divided Democrats.
Five Senate Democrats sent a letter to President Barack Obama on Friday pleading for the government to pick up the pace in vetting proposals to export natural gas.
A plan to accelerate U.S. natural gas exports in response to Russia’s invasion of Crimea failed in the Senate on Wednesday, amid criticism that it could derail a Ukraine aid package.
Rep. Raul Grijalva, D-Ariz., is asking BP, Shell Oil Co., ExxonMobil and 11 other companies today to open their books and provide details on the value of the crude, gas and minerals they have extracted from public lands and waters. Grijalva wants the numbers to determine if taxpayers are getting a “fair return” from energy development and hard rock mining.
Western lawmakers are asking federal investigators for a detailed accounting of the oil, gas and minerals recently extracted from public lands and waters, as part of what they described as a bid to make sure taxpayers are getting a “fair return” from the development.