US Congress

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As the 2014 midterm elections come to a close, several key senate races remain too close to call. This electoral uncertainty, however, has not stopped many members of Congress from preparing for a brief but intense Lame Duck session or from looking further down the road to the next Congress. House Majority Leader Kevin McCarthy (R-CA) released a memorandum on October 22 predicting that a Republican-controlled Senate would approve House-passed bills to eliminate the need for presidential permits for cross-border energy projects like the Keystone XL pipeline, establish deadlines for federal agencies to approve permits for constructing new natural gas pipelines, and streamline the permitting process for certain mining projects. Majority Leader McCarthy also said that the House will continue regulatory reform efforts that have stalled in the Senate.

Early Voting Begins In Iowa For Presidential Election

Many Americans lack knowledge on key energy issues, which could be problematic when they vote later this year for congressional representatives who will shape the country’s energy policies. “What is the solution to this ongoing problem of voters not having sufficient energy knowledge? It is information. Women and men need to understand both sides of the… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

The issue of exporting US crude oil – essentially banned since the 1970’s energy crisis – is gaining steam, as US domestic oil production volumes increase to levels few thought possible just a few years ago. Amid this environment of surging incremental production, certain high-profile industry and high-ranking government officials soften to the idea of… Keep reading →

Farmer Prepares His Turkeys For Christmas

Who’s the biggest turkey of them all? Creating year-end lists is usually an exercise in positive thinking and congratulatory back-slapping. But as the popularity of this year’s list of deceased solar companies showed us, GTM’s readers are far more interested in the morbid and the sarcastic. In celebration of the Thanksgiving holiday, here is our… Keep reading →

EPA Chief Gina McCarthy Discusses Administration's Climate Action Plan

Without stop-gap funding from congress by October 1st, the EPA could ‘Effectively Shut Down,’ leaving it with just a skeleton crew needed in case of emergency. The EPA has reportedly not shut down due to lack of funding since 1996. [AP] French oil major Total could sell its stake in giant Russian gas field Shtokman.… Keep reading →

Last-Minute Tax Filers Rush To Finish Returns

Tax reform may not be the sexiest topic, but it’s an extremely important issue for oil and gas companies with strict investment criteria and some of the highest up-front costs of any industry. The words “subsidies” and “incentives” are often mixed up and thrown around in the energy business to either promote or denounce policies… Keep reading →

U.S. Navy Deploys Nimitz For Possible Strike On Syria

Global benchmark oil prices crept up to two-year highs over the past week or so as tensions in the Middle East and North Africa flare. US intervention in Syria currently awaits a congressional vote, so what will that decision likely mean for near-term price trajectory? It appears the geopolitical risk premium is mostly factored in… Keep reading →