oil and gas

EPA issues waiver for sales of 15 percent ethanol blend during summer driving season

BY: - May 3, 2022

WASHINGTON — The EPA issued a fuel waiver Friday afternoon to allow for a heightened ethanol gasoline blend to be sold at service stations this summer, an attempt by the Biden administration to lower soaring fuel prices. In a letter to Minnesota Gov. Tim Walz, EPA administrator Michael S. Regan wrote that the waiver will allow gas stations to sell […]

U.S. House panel grills oil executives on soaring gas prices

BY: - April 7, 2022

Democrats blamed the oil industry, Republicans blamed President Joe Biden and oil executives blamed global market forces at a U.S. House hearing Wednesday on how to reverse a dramatic increase in gas prices. Over nearly six hours, members of the House Energy and Commerce Subcommittee on Oversight and Investigations and executives from six oil companies […]

Biden OKs release of 1 million barrels of oil a day from reserve, calls for supply boost

BY: - April 1, 2022

President Joe Biden called Thursday for U.S. energy companies to do their part in lowering gasoline prices by boosting supplies of oil, saying the industry should plow record profits back into increased production. Biden also said he would release 1 million barrels of oil from the Strategic Petroleum Reserve daily for the next six months […]

Federal judge cites climate effect in canceling Gulf of Mexico oil and gas lease sale

BY: - January 31, 2022

A federal judge invalidated leases to drill for oil and gas in a broad swath of the Gulf of Mexico, telling the Biden administration to weigh climate impacts before allowing development. The ruling late Thursday handed a victory to environmental groups that had challenged the Interior Department’s move to comply with a separate court order […]

Expansion in Gulf of Mexico drilling splits U.S. House panel along party lines

BY: - January 24, 2022

As the Biden administration’s move to scrap new oil and gas leases remains in unsettled legal territory, Democrats and Republicans on a U.S. House panel sharply disagreed about the merits of new energy development in the Gulf of Mexico. Democrats on the House Natural Resources Energy and Mineral Resources Subcommittee, including Chairman Alan Lowenthal of […]

Interior Department calls for oil and gas leasing updates, but not ending production

BY: - November 29, 2021

The U.S. Interior Department recommended increased fees for oil and gas exploration on federal lands as part of a long-awaited report released Friday that environmental groups said didn’t go far enough in limiting fossil fuels and Republicans derided as an attack on domestic producers. The report, ordered by President Joe Biden during his first week in […]

COMMENTARY

Ohio missed out on $1.2 billion plus in severance tax revenue

BY: - November 22, 2021

By Guillermo Bervejillo, Policy Matters Ohio The responsible use of Ohio’s natural resources is crucial to the well-being of its residents and to the long-term sustainability of its economic infrastructure. Currently, Ohio is 13th among states in terms of crude oil production and 6th in terms of natural gas. The Marcellus and Utica shale formations, which lie, in […]

How the House reconciliation bill targets 4 local plans for oil and gas leasing, mining

BY: - September 15, 2021

Proposals targeting specific areas for conservation in Arizona, Colorado, New Mexico and federal waters off Louisiana’s coast made their way into the gigantic budget reconciliation bill that Democrats are moving through Congress. The portion of the $3.5 trillion package approved on a party-line vote by the House Natural Resources Committee last week includes nationwide measures meant […]

Four big climate items in the reconciliation bill in Congress

BY: - September 14, 2021

The U.S. House Natural Resources Committee late Thursday approved its first piece of Democrats’ sweeping $3.5 trillion spending blueprint on a party-line 24-13 vote. Among the highest priorities for President Joe Biden in the plan was addressing climate change, and the panel included initiatives ranging from oil and gas reform to offshore wind ventures. The […]

Biden administration to restart oil and gas leasing

BY: - August 26, 2021

The Interior Department will make significant steps toward restarting its leasing programs for onshore and offshore oil and gas development in the coming months, the Biden administration said in a court filing Tuesday. The Bureau of Ocean Energy Management anticipates holding a sale for offshore leases in October or November, the administration said. The Bureau […]

White House pledges to fight court order on oil and gas leases, but activists want more

BY: - August 19, 2021

The Biden administration plans to appeal a federal court decision forcing the government to restart oil and gas leases that have been paused since January. But administration officials are also promising to comply in a way that takes into account the damage caused by fossil fuel development. The two-part move worries progressive activists and members […]

Federal judge halts Biden pause on new oil and gas leases across the U.S.

BY: - June 17, 2021

A federal judge in Louisiana has ordered the Biden administration to restart regular sales of oil and gas leases, forcing the administration to prematurely abandon a central piece of its climate change agenda. In a preliminary ruling issued Tuesday, U.S. District Judge Terry Doughty granted the request of Louisiana Attorney General Jeff Landry and 12 other Republican-led […]