Daily Archives: March 26, 2012

MSC Goes to Washington

March 26, 2012 Newsroom, Press Releases
MSC Goes to Washington

Coalition members meet legislators, regulators and executive branch representatives on wide-range of issues

Canonsburg, PA – Last week, the Marcellus Shale Coalition (MSC) hosted its inaugural Washington, DC “fly-in” – providing coalition members with an […]

Dems hope for political momentum on repeal of oil tax breaks

Senate Democrats pushing legislation to strip billions of dollars in tax breaks from the largest oil companies said ahead of Monday evening’s vote that they hope to corral more GOP support than an earlier proposal received last May.

“I think we will have more Republican votes this time,” said Sen. Debbie Stabenow (D-Mich.) on a call […]

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Republicans setting up showdown over oil tax breaks on Senate floor

Senate GOP leaders are urging their members not to bottle up Democrat-backed legislation to repeal oil industry tax breaks, a move designed to allow a freewheeling floor debate that Republicans believe will help them politically.

While most Republicans oppose the legislation, the effort to let the bill advance — for now — in a procedural vote […]

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Groups hope to force disclosure of ‘fracking’ chemicals in Wyoming

A coalition of public health and environmental groups petitioned a Wyoming court late last week to require companies to fully disclose chemicals used in the natural gas drilling technique known as hydraulic fracturing, or “fracking.”

The groups – including Earthjustice and OMB Watch – say the Wyoming Oil and Gas Conservation Commission has granted too many […]

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White House: Oil companies don’t need ‘wasteful’ tax breaks

The White House officially endorsed a Democrat-backed bill to repeal billions of dollars in oil industry tax breaks Monday, arguing that major oil companies don’t need “wasteful subsidies” because they are making massive profits.

“This money can be better spent promoting domestic manufacturing, encouraging the development of clean energy technologies that will reduce our dependence on […]

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Senate opens fight on oil tax breaks

The Senate voted 92-4 Monday to begin an election-year floor debate over Democratic legislation to repeal oil industry tax breaks, a plan that’s unlikely to ultimately pass but provides a platform for partisan warfare over gasoline prices.

The procedural vote advanced Sen. Robert Menendez’s (D-N.J.) plan that would raise billions of dollars by removing incentives for […]

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Poll: Minority approve of Obama energy policy

A new poll finds that President Obama’s approval ratings on energy policy are much worse than the marks he receives on environmental protection.

But the Gallup survey, conducted March 8-11 — before Obama’s high-profile, multi-state energy policy tour — and released Monday, shows that his ratings in both areas have been stable over two years.

Forty-two percent […]

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News bites: On climate change and extreme weather

A new study says recent extreme weather is “very likely” a result of climate change, Reuters reports.

Reuters also reports on the growing focus on oil-industry tax breaks amid soaring gas prices.

Filmmaker James Cameron successfully completed his submarine journey to the ocean’s deepest point, The Washington Post reports.The New York Times reports on coastal erosion in […]

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Oil industry launches full-court press against Senate bill repealing tax breaks

The oil industry launched a full-court press Monday in opposition to Democrat-backed legislation that would repeal billions in tax breaks for the largest oil companies.

The American Petroleum Institute (API), the powerful oil industry trade group, is running an eight-state radio and print advertising campaign opposing efforts to eliminate the tax breaks.

And a top API official […]

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The Week Ahead: Senate to vote on killing oil company tax breaks

The Senate is expected to vote this week on Democratic-backed legislation to eliminate billions of dollars in tax breaks for major oil companies.

Senate Majority Leader Harry Reid (D-Nev.) has scheduled a procedural vote on the bill, authored by Sen. Robert Menendez (D-N.J.), for 5:30 p.m. Monday.

While the legislation is unlikely to garner the 60 votes […]

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