As we write, the United States is once again an exporter of crude oil. Sure, in the past the federal government has allowed limited crude exports. The oil tanker that left the Port of Corpus Christi, Texas, late last week is the bearer of the first freely traded U.S. crude in about four decades –… Keep reading →
On December 18, 2015, President Obama signed into law the Consolidated Appropriations Act, 2016 (H.R. 2029), which includes multi-year extensions for federal tax incentives for wind and solar generation facilities and lifts the 40-year-old ban on crude oil exports from the United States. The $1.1 trillion spending bill, which funds the government through September 2016,… Keep reading →
On December 18, 2015, President Barack Obama signed into law the Consolidated Appropriations Act, 2016 (H.R. 2029) (the Act), which included welcomed extensions to a number of energy tax incentives.
Congressional negotiations continue on the omnibus appropriations and tax extenders package, though after an arduous process, an end is in site.
Congress abolished the 40-year ban on oil exports this past week, a victory for oil companies and conservatives that few thought conceivable until recently. [WSJ] The Senate has passed a much-anticipated bill proposing broad reforms to an existing chemical safety law — one which environmentalists have long argued puts the American public at unnecessary risk… Keep reading →
On December 15, 2015, U.S. congressional leaders announced a year-end budget compromise that removes the ban on the export of crude oil from the United States.
That Congress soon may act to end the United States’ 40-year-old ban on domestic crude oil exports is signaled in the number of reports and posts on exports-related themes. The Wall Street Journal has a report that says talk of lifting the export ban is narrowing the difference between U.S. and global crude prices. The… Keep reading →
With a unanimous City Council vote, San Diego, has become the largest American municipality to transition to using 100 percent renewable energy. [The NY Times] Congressional negotiators scrambled to bridge energy policy differences and strike a deal for a $1.15 trillion spending bill. [Yahoo News] Even after a steady drop in energy prices through the… Keep reading →
The U.S. shale energy revolution is a game-changer – for the United States and the world’s energy balance. The U.S. has become the No. 1 producer of oil and natural gas, resulting from a domestic energy renaissance driven by advanced hydraulic fracturing and horizontal drilling – fracking. And the positive impacts are all around us.… Keep reading →
Congress returned from the Thanksgiving recess to a full schedule starring the six-year reauthorization of federal highway programs.
