29 Mar 2012

Poll: Americans concerned, but split blame on rising fuel prices

Nearly half of Americans believe they will have to pay $5 per gallon for gasoline sometime this year, and 7 in 10 say rising fuel prices have caused them financial hardship. But blame for pain at the pump seems evenly split between President Obama and congressional Republicans....
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29 Mar 2012

Senate defeats Dem measure to nix ‘Big Oil’ tax breaks, 51-47

The Senate on Thursday thwarted Democratic plans to strip billions of dollars in tax breaks from the largest oil companies, just an hour or so after President Obama urged the chamber to kill off the deductions.  Lawmakers voted 51-47 to move forward with Sen. Robert Menendez’s...
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28 Mar 2012

House panel OKs subpoena of Obama administration over drilling report

A House committee voted along party lines Wednesday to subpoena the Obama administration for documents about a controversial offshore drilling safety report and planned rules to limit environmental damage from Appalachian coal mining. The 23-17 Natural Resources Committee vote...
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28 Mar 2012

White House: No decision made on tapping emergency oil stockpiles

The Obama administration is “coordinating” with world nations to respond to volatile energy markets, but has made no decisions on whether to tap emergency oil reserves, a White House spokesman said Wednesday. The comments come amid news reports that the United States has...
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28 Mar 2012

OVERNIGHT ENERGY: Oil tax breaks fight ends with whimper

Tomorrow’s news today: President Obama will give a 10:45 a.m. Rose Garden speech ”urging Congress to vote to end the billions in taxpayer dollars handed out to oil companies every year,” according to the White House. Obama is slated to give examples of how those...
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28 Mar 2012

Investor’s Business Daily: Natural Gas Fuels Broad Range Of U.S. Industries

March 26, 2012 In the News, Newsroom Investor’s Business Daily: Natural Gas Fuels Broad Range Of U.S. Industries By JASON MA Cheap natural gas is becoming an energy option for an increasingly diverse range of U.S. businesses, helping ease the blow from the surge in oil prices....
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28 Mar 2012

USA Today: Job growth expected from cheap natural gas

March 27, 2012 In the News, Newsroom USA Today: Job growth expected from cheap natural gas By Paul Davidson The nation’s fast-growing supply of cheap natural gas is setting off a manufacturing revival that’s expected to create hundreds of thousands of jobs as companies build or...
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28 Mar 2012

Warren Times Observer: MSC Visits Warren County

March 28, 2012 In the News, Newsroom Warren Times Observer: MSC Visits Warren County Drilling fee decision in county todayBy Ben Klein The Warren County Commissioners will vote whether to enact the unconventional natural gas well fee at their meeting this morning. Marcellus Shale...
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28 Mar 2012

News bites: US proposes tapping emergency oil reserve, French official says

A French official said the U.S. government has proposed releasing oil from the Strategic Petroleum Reserve, Bloomberg reports. The Houston Chronicle reports that the Interior Department will unveil a plan later Wednesday “to allow new seismic research designed to help identify...
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28 Mar 2012

Poll: Obama receives low marks on efforts to reduce gas prices

Despite efforts to tout his administration’s energy policies, a new poll finds voters still overwhelmingly disapprove of President Obama’s handling of high gas prices. Sixty-eight percent of those surveyed in a new Reuters/Ipsos poll released Tuesday disapproved of...
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