Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
December 21, 2014

Posts in "Oil"

December 19, 2014

ICYMI Spending Bill, Yucca & Fast Reactors

Congress adjourned this week after some last-minute spending drama and dozens of confirmations, and there were other developments on the energy and environmental front.

The omnibus spending measure, for instance, provided money for recovery at the Waste Isolation Pilot Plant in New Mexico after several mishaps that included radiation leaks, and money for the controversial  International Thermonuclear Experimental Reactor project, or ITER.

Full story

December 18, 2014

Tracking the Oil Slowdown

177984139 445x334 Tracking the Oil Slowdown


More oil projects are getting scrapped as companies pare off more expensive endeavors in the face of a close to 50 percent drop in prices. Full story

Oil Plunge Breaks Asia LNG Breakeven

85815450 445x295 Oil Plunge Breaks Asia LNG Breakeven

(STR/AFP/Getty Images)

Spot prices for January delivery of liquefied natural gas to Asia dropped by 47 percent from a year ago, down to $10.062 per million British thermal units, the largest one year drop and the lowest level since 2011, according to data from Platts. That is about a cent below the cost to liquefy and ship gas from Louisiana at January prices. Full story

December 15, 2014

New GOP Senators Claim Energy Seats

cassidy 185 113011 445x301 New GOP Senators Claim Energy Seats

Rep. Bill Cassidy (File photo, Bill Clark/CQ Roll Call)

Two Republican lawmakers who emphasized energy issues in their successful bid to unseat Democratic senators will now take slots on the Energy and Natural Resources Committee. Full story

Moniz, van der Hoeven & Moniz

Following Thursday’s nail-bitter as the omnibus bill squeaked through the House, the Senate cleared the bill late Saturday over the objections of more than 20 Democrats. The Senate is around this week to wrap up nominations and potentially clear a package of tax extensions including a break for wind energy. Here’s what else is going on as the holidays approach: Full story

December 12, 2014

ICYMI: Omnibus, Ozone and Mexico

The Senate will consider the House-passed omnibus spending package as soon as today, but lawmakers would need procedural agreements to expedite the process before Monday. The measure includes $34.2 billion for energy and water programs but it would dole out no additional funds for the Yucca Mountain nuclear waste repository. The bill would include $345 million and a requirement to continue construction on the mixed oxide plutonium facility. Appropriators also tucked in a provision to throw a $97 million lifeline to the troubled American Centrifuge Project. Full story

Mexico Opens Offshore Oil Bidding

455091675 445x297 Mexico Opens Offshore Oil Bidding

Centenario exploration oil rig, operated for PEMEX.
(OMAR TORRES/AFP/Getty Images)

In the next step to privatizing its oil and gas production, Mexico offered areas for offshore drilling Thursday. Full story

CBO: Shale Production to Up GDP by 1%

480270745 445x296 CBO: Shale Production to Up GDP by 1%

Shale oil and gas will increase the U.S. gross domestic product by 0.7 percent in 2020 and 0.9 percent in 2040, the Congressional Budget Office estimated. Full story

December 11, 2014

Another Look at Ozone Rule Impact

CountyControl65 60 445x325 Another Look at Ozone Rule Impact

The expected costs of EPA’s proposed rule for ozone vary by industry and geography, potentially dividing opposition groups. Full story

December 10, 2014

Wide Disparity in Ozone Rule Costs

OzoneChart2 Wide Disparity in Ozone Rule Costs

While Republicans have decried the expense of the EPA’s proposed tightening of ozone restrictions, the costs of the final rule are uncertain and depend on the level on which the agency settles. Full story

FERC to Consult on CO2 Regs

495453921 445x296 FERC to Consult on CO2 Regs

The Appalachian Electric Power coal-fired Big Sandy power plant, seen in June. (Luke Sharrett/Getty Images)

The Federal Energy Regulatory Commission has scheduled a series of technical conferences to confer with those involved in the EPA’s proposed regulations for carbon dioxide, known as the Clean Power Plan. Full story

December 9, 2014

North Dakota Considers Oil Rail Rule

State regulators are pushing to restrict the volatility of crude oil for rail transport, which could affect shipments of Bakken shale oil. Full story

December 5, 2014

ICYMI: GOP Agenda, Oil Outlook & Spending Bill

We kicked off the week with two pieces from CQ Roll Call’s Geof Koss who provided a look into the principles likely to guide the Republican energy agenda in the next Congress – focusing first on incoming Senate Energy and Natural Resources Chairwoman Lisa Murkowski, R-Alaska, who has made no secret of her plans for the committee, and then on the framework from House Energy and Commerce Chairman Fred Upton, R-Mich. Full story

December 4, 2014

OPEC Braces for a Year of Lower Oil Prices

After opting last week to keep production levels steady, members of the Organization of Petroleum Exporting Countries are expecting prices to stay as low as $60 per barrel for months. Full story

December 2, 2014

DOE: Oil Boom Changes Affect SPR Access

2014PipelineChanges 445x329 DOE: Oil Boom Changes Affect SPR Access

The Energy Department identified a number of constraints on getting oil from the Strategic Petroleum Reserve to market during a test sale this spring. Full story

By Randy Leonard Posted at 4:58 p.m.

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