Daily Archives: June 12, 2012

Sen. Graham offers up South Carolina coast for offshore drilling

Sen. Lindsey Graham (R-S.C.) on Monday introduced a bill that would allow South Carolina to make its own decisions on which portions of its coast can be opened to offshore drilling, after which it would petition the federal government for approval.

Graham said his South Carolina Offshore Drilling Act, S. 3284, would not only help expand […]

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McConnell: Republicans will use farm bill amendments to go after federal regulations

Republicans will use amendments to a Senate farm bill to go after federal regulations, Senate Minority Leader Mitch McConnell (R-Ky.) said.

Speaking Tuesday, McConnell called on Democrats to work with Republicans to consider a host of amendments to the Agriculture Reform, Food and Jobs Act of 2012 (S. 3240).

“For our part, Senate Republicans will continue to […]

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New York, LA, Houston mayors back EPA coal rule ahead of Senate vote

Mayors representing the nation’s largest cities are voicing support for recent Environmental Protection Agncy regulations to curb toxic emissions from coal-fired power plants, comments that arrive ahead of an upcoming Senate vote on a proposal to scuttle the rule.

“Mayors are on the front lines of protecting public health and this long overdue safeguard will reap […]

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Timing of vote on Inhofe’s plan to nix EPA rule in flux

Coal industry and green group lobbyists may get an overtime period in their efforts to sway votes on Sen. James Inhofe’s (R-Okla.) plan to scuttle EPA rules that mandate cuts in mercury and other emissions from coal-fired power plants.

Inhofe’s resolution to overturn the rule faces a procedural June 18 deadline for a vote. But the […]

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News bites: Ethanol’s stall, fracking study under fire, and more

The Wall Street Journal reports that “America’s ethanol boom is stalling.”

The New York Times reports that a State University at Buffalo study on hydraulic fracturing is under fire over the authors’ ties to the energy industry.

The Houston Chronicle reports that a federal judge is denying BP access to a series of White House emails about […]

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Obama: Oil markets can handle expanded sanctions targeting Iran

The White House, echoing a late March finding, again concluded Monday that global oil markets have enough supplies to accommodate expanded sanctions aimed at curbing exports from Iran.

“here is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products […]

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US exempts nations from Iran sanctions

Secretary of State Hillary Clinton said Monday that the United States will exempt India, South Korea and five other nations from sanctions targeting Iranian oil exports because the nations have “significantly reduced their volume of crude oil purchases from Iran.”

Clinton said the countries, for at least 180 days, won’t be hit with sanctions that target […]

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OVERNIGHT ENERGY: Romney energy adviser to warn against nixing oil industry tax breaks

State of Play: Harold Hamm, the billionaire oil exec who chairs Mitt Romney’s energy advisory team, will warn Congress Tuesday that going along with White House proposals to strip oil industry tax breaks would slam the breaks on the U.S. drilling boom.

Hamm, the CEO of Continental Resources, will appear before the Senate Finance Committee to […]

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