In a move that could further deteriorate the Gulf’s economy, the CLEAR Act would set unlimited liability on offshore operators. While there is bipartisan agreement on the need for Congress to address and adjust existing liability caps, the unintended consequences of completely eliminating the cap could cost hundreds of thousands of American jobs.
Small, independent oil and gas producers… Read more »
Other Energy Issues Seep into Spill Legislation
July 28, 2010, 7:33PM
Houston Chronicle
Jennifer A. Dlouhy
WASHINGTON — Energy legislation advancing in the Senate would force companies to reveal closely held details about the chemical cocktails they use to extract natural gas from shale rock, imposing the first federal regulation on hydraulic fracturing.
The disclosure provision is… Read more »
July 29, 2010
Democrats’ Offshore Oil Spill Bill Makes Significant Changes to Onshore Energy Leasing
Increases onshore energy taxes, threatens onshore energy jobs
Dear Colleague:
In yet another example of House Democrats exploiting the oil spill to pass unrelated legislation, the CLEAR Act (H.R. 3534) makes fundamental changes to onshore federal energy leasing. This will not only… Read more »
The CLEAR Act is being sold as a response to the Gulf oil spill crisis, yet the bill itself stretches far beyond addressing this tragedy to include page after page of provisions that are unrelated to the oil spill, will kill American jobs, and are premature by acting before Congress has the full facts from the numerous ongoing investigations into the Deepwater Horizon explosion and… Read more »
In response to a letter from Natural Resources Committee Republicans, Department of Interior (DOI) Acting Inspector General Mary Kendall today confirmed she is conducting an open investigation into allegations that the Department altered the 30-day safety report to the President on Outer Continental Shelf drilling to include recommendation of a deepwater drilling moratorium after it was… Read more »
Today, House Natural Resources Committee Ranking Member Doc Hastings (WA-04), Energy and Minerals Subcommittee Ranking Member Doug Lamborn (CO-05), and Reps. John Duncan (TN-02), Bill Cassidy (LA-06), Paul Broun (GA-10), Jason Chaffetz (UT-03) and John Fleming (LA-04) sent a letter to Department of the Interior (DOI) Acting Inspector General Mary Kendall requesting an investigation into… Read more »
Committee Republicans Send Letter to Interior Department Acting Inspector General Mary Kendall Calling For Investigation on DOI Report Recommending Drilling Moratorium Read more »
Offshore drilling moratorium affects everyone
Study outlines how the Obama administration’s offshore moratorium will negatively impact industries nationwide.
7/19/10
E&P Magazine
By Rebecca Torrellas
The presidential offshore drilling moratorium will cost approximately US $2.1 billion in economic loss to the states along the Gulf of Mexico (GoM) in first six months, according to… Read more »
