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.
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Energy Technology Connections: Your Law Firm Link to Industry News – November 2014
By Mintz Levin - Energy & Clean Technology MattersSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.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 →
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 →
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 →
Where are Oil Prices Headed on Syria News?
By Jared AndersonGlobal 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 →