House Natural Resources Committee Ranking Member Doc Hastings (WA-04) sent a follow-up letter to Secretary of the Interior Ken Salazar seeking answers as to why the Department decided to terminate the profitable royalty in-kind (RIK) program for collecting oil and gas royalties. A recent Department of Interior report showed that the program generated over $106 million in benefits for the… Read more »
House Natural Resources Committee Ranking Member Doc Hastings (WA-04) released the following statement after joining members of the American Energy Solution Group in a press conference to oppose the President’s job-killing energy policies and express concerns (see letter) with his upcoming trip to the Climate Change Conference in Copenhagen:
“Earlier this morning, President Obama… Read more »
Water and Power Subcommittee Ranking Member Tom McClintock (R-CA) released the following statement today regarding Subcommittee Chairwoman Grace Napolitano’s (D-CA) recent announcement to hold a Southern California field hearing on the state’s water crisis:
“I welcome Chairwoman Napolitano’s public focus on the California water crisis. It is important that the Water and Power… Read more »
Today, House Natural Resources Committee Ranking Member Doc Hastings (WA-04) released the following statement regarding the Department of Labor’s November unemployment report:
“Yesterday, we witnessed the White House ‘jobs summit’- a high profile event that unfortunately looked more like a shiny object meant to distract the American people from the Administration’s failed stimulus and… Read more »
The Department of the Interior just released the FY 2008 Royalty-In-Kind (RIK Report), which showed that the federal government made $106 million by taking oil and natural gas royalty in-kind. This report comes on the heels of Secretary Ken Salazar’s September announcement that the Department of the Interior would end the RIK program, despite five years of taxpayer benefits from this… Read more »
Tomorrow, President Obama will host a Forum on Jobs and Economic Growth at the White House where he promised he will “consider all good ideas to encourage and accelerate job creation.” However, it appears that the White House neglected to invite a wide range of officials from America’s all-of-the-above energy sectors to attend this event.
Since a diverse group of American energy… Read more »
Today, during a Full Committee markup, Democrats on the House Natural Resources Committee voted against fiscally responsible Republican amendments to ensure that U.S tax dollars are spent appropriately and efficiently.
“We cannot continue passing legislation while ignoring the size of the federal deficit – a staggering $1.4 trillion,”said Ranking Member Doc Hastings. “The funding amounts… Read more »
Click to enlarge
Background:
The Energy Information Administration reports that: “With limited domestic energy resources, South Korea is almost entirely dependent on imports to meet its energy consumption needs.”
On November 11th, the White House announced that President Obama would hold a Forum on Jobs and Economic Growth on December 3rd.
However, the Associated… Read more »
Click to enlarge
Background:
Yesterday, during a town hall in Shanghai, President Obama said that the United States and China should be held to different standards for reducing their emissions since China (the world’s highest CO2 emitter) has “much more poverty”:
“There's going to be a Copenhagen conference in December in which world leaders are trying to find a recipe so… Read more »
Click to enlarge
Background:
The House Republican Conference confirms that “the newest significant refinery began operating in 1977.”
The Energy Information Administration’s profile on Singapore.
The Congressional Research Service reports:
“Hurricanes Katrina and Rita shut down oil and gas production from the Outer Continental Shelf in the Gulf of… Read more »