Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
July 8, 2015

Posts in "Oil"

February 26, 2015

A Keystone Wrinkle

President Barack Obama urging expedited construction of the southern leg of the Keystone XL pipeline in 2012. (Tom Pennington/Getty Images)

President Barack Obama urging expedited construction of the southern leg of the Keystone XL pipeline in 2012. (Tom Pennington/Getty Images)

For those who thought the Keystone XL pipeline decision was a bygone affair, Wednesday may have been a bit jarring. Full story

February 23, 2015

Traders Bet Oil Price Will Rise, or Fall

(KAREN BLEIER/AFP/Getty Images)

(KAREN BLEIER/AFP/Getty Images)

As they have been since oil prices started falling in the summer, Wall Street speculators are looking for the bottom of the market. Full story

By Randy Leonard Posted at 11:19 a.m.
Exports, Natural Gas, Oil

February 20, 2015

Army Corps Eyes Nome for Deep Port

As the shipping industry and countries make plans to expand Arctic sea lanes amid shrinking ice coverage, the Army Corps of Engineers is considering expanding and deepening the Port of Nome, Alaska, the Associated Press reported:

Corps spokesman Tom Findtner said by email that the agency in December tentatively selected a plan to modify the Port of Nome. The plan suggests extending Nome’s causeway by 2,150 feet, building a 450-foot dock and dredging the new, protected area and entrance channel to 28 feet.

The lack of a nearby deep-water port has also been cited as an issue for Arctic oil and gas exploration. We will have more on the administration’s proposal to overhaul Arctic drilling regulations on CQ.com.

February 13, 2015

After Spill, One Governor Skips Keystone Letter

Among the 24 Republican governors who signed a letter Thursday urging President Barack Obama to reconsider vetoing a bill that would approve the Keystone XL, one name was notably absent, that of Montana Democrat Governor Steve Bullock, who previously strongly supported the pipeline.

Full story

By Randy Leonard Posted at 9:40 a.m.
Natural Gas, Oil

February 9, 2015

This Week: ARPA-E, Keystone & Budget

The House is expected to vote on the Senate bill to approve Keystone XL pipeline. The Energy Department will hold its annual technology convention and Energy Secretary Ernest J. Moniz will make two trips to Capitol Hill to discuss the budget. Full story

February 5, 2015

Moniz to Head to Hill

Senate Holds Confirmation Hearing For Ernest Moniz For Energy Secretary

Energy Secretary Ernest J. Moniz will be in the hot seat next week, defending his department’s 2016 budget before the Senate Energy and Natural Resources. Full story

Analyst: Don’t Expect $110 Oil Soon

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(Andrew Burton/Getty Images)

 

While some experts expect oil prices to rebound above $75 this year, former Commerce Under Secretary Robert Shapiro sees the drop lasting longer, citing historic declines that have lasted from one to three years. Full story

February 3, 2015

Energy Budget Takeaways

EnergyBudget
The Energy Department unveiled its 2016 request for $29.9 billion in spending.
Here are some highlights:

• A 41 percent jump the energy efficiency and renewable energy program including big additions for vehicle technologies and geothermal programs.
• Natural gas technologies would see a 76 percent boost to $44 million while the department is looking to pare down overall fossil energy research by 2 percent.
• The department is requesting an 84 percent increase in spending for electricity delivery and energy reliability, doubling smart grid research increasing energy storage technology by 75 percent.
• Funding for the Advanced Research Projects Agency – Energy would jump 16 percent.
• Nuclear reactor concepts would decrease 19 percent while fuel cycle research would increase 11 percent and fusion research would be down 10 percent.

EnergyBudget2

CQ subscribers can view our full budget coverage here.

January 30, 2015

ICYMI: Keystone Vote, Gas Exports & Offshore Drilling

After dispatching a slew of amendments, the Senate Thursday passed a bill approving the Keystone Pipeline, falling shy of the support needed to override a threatened White House veto. CQ subscribers can read more on the prospects of a conference with the House. Full story

January 28, 2015

Analysts: U.S. Shale Will Prolong/Ride Out Price Crunch

(KAREN BLEIER/AFP/Getty Images)

(KAREN BLEIER/AFP/Getty Images)

Get ready for $35 oil? Full story

By Randy Leonard Posted at 12:34 p.m.
Exports, Natural Gas, Oil

January 27, 2015

EIA’s Latest Oil Prediction is Already Off

STEORigs

All the volatility in the oil market has made the difficult task of divining the future that much harder. The Energy Information Administration’s latest predictions in the monthly Short Term Energy Outlook are already out of step with data from the field. Full story

By Randy Leonard Posted at 11:54 a.m.
Exports, Natural Gas, Oil

January 26, 2015

Biden and Moniz Push Island Energy Overhaul

US Vice President Joseph R. Biden and Amos J. Hochstein, US State Department international energy coordinator, talk before the Caribbean Energy Security Initiative meeting Monday.      (BRENDAN SMIALOWSKI/AFP/Getty Images)

US Vice President Joseph R. Biden and Amos J. Hochstein, State Department international energy coordinator, talk at the Caribbean Energy Security Initiative meeting Monday. (BRENDAN SMIALOWSKI/AFP/Getty Images)

Vice President Joseph R. Biden Jr. and Energy Secretary Ernest J. Moniz met Monday with Caribbean leaders and global financial organizations to promote development of alternative energy sources for island communities. Full story

This Week: Keystone Vote, Oil Prices and EPA Regs

There’s no shortage of energy events this week. The Senate is scheduled to continue Keystone XL pipeline votes Monday and the House is expected to consider legislation to expedite exports of liquefied natural gas.  Full story

January 21, 2015

The Deal With Moniz’ Hair

Energy Secretary Ernest J. Moniz to be on NPR radio show. (BRENDAN SMIALOWSKI/AFP/Getty Images)

Energy Secretary Ernest J. Moniz to be on NPR radio show. (BRENDAN SMIALOWSKI/AFP/Getty Images)

Those who have been familiar with him for years, even those who have just heard him address a congressional panel or an audience of scientists, know that there is far more to Energy Secretary Ernest J. Moniz than his hair. He’s an MIT physicist and is known for charming Republicans and Democrats alike. Full story

Keystone Gets SOTU Nod

(Mandel Ngan-Pool/Getty Images)

(Mandel Ngan-Pool/Getty Images)

In his sixth State of the Union address Tuesday, President Barack Obama didn’t mention the Keystone XL pipeline by name, but in calling for an overarching infrastructure bill, he did make a direct reference to the project, a bill for which is on the Senate floor. Full story

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