Legislation

Business , Legislation

Energy Policy Watch: Texas Railroad Commissioner Remembers Call for Prorations, Winter Storm

Hart Energy and Cornerstone have teamed up to bring you Energy Policy Watch. In this first installment, host Jack Belcher talks to Texas Railroad Commissioner Christi Craddick about the Railroad Commission’s actions in unprecedented times and lays out a vision for meeting oil and gas policy challenges of the future. 

April 12, 2021

Policy & Regulations , Legislation , Infrastructure

Manchin, Flexing Political Muscle, Leaves Senate Democrats in Lurch

West Virginia senator walks a political tightrope with infrastructure bill’s push against fossil fuels.

April 9, 2021

Investment , Legislation , Emissions , Shale Plays

CEO of US Shale Giant Pushes to Incentivize Carbon Capture

Instead of a carbon tax, Vicki Hollub, CEO of U.S. shale producer Occidental Petroleum, says she prefers the use of tax credits incentivizing the development of carbon capture projects.

April 9, 2021

Investment , Exploration & Production , Legislation , Health, Safety & Environment

US House Bill Seeks $8 Billion for Abandoned Oil and Gas Well Cleanup

The bill authorizing $8 billion to plug and clean up abandoned oil wells nationwide is sponsored by Representative Teresa Leger Fernandez, whose home state of New Mexico is a major oil and gas producer.

April 8, 2021

Business , Exploration & Production , Legislation , Renewables

Biden Tax Plan Swaps Fossil Fuel Subsidies with Clean Energy Incentives

Unwinding tax breaks on fossil fuel companies could face opposition from Biden's fellow Democrats in the U.S. Congress from energy-producing states.

April 8, 2021

Business , Legislation , Emissions , Shale Plays

Occidental Petroleum Opposes Carbon Tax, Says CEO Vicki Hollub

“A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers who are more disadvantaged from an economic standpoint,” says Occidental Petroleum CEO Vicki Hollub.

April 7, 2021

Investment , Legislation , Emissions , Renewables

US Oil Lobby API Responds to Biden’s $2 Trillion Infrastructure Plan

U.S. President Joe Biden unveiled a $2 trillion infrastructure plan that includes hundreds of billions of dollars to boost the market for electric vehicles, renewable power and advanced clean energy technologies, while stripping away subsidies for fossil fuels.

April 1, 2021

Legislation , Health, Safety & Environment , Emissions , Renewables

Biden Proposal: $174 Billion For EVs, New Funds for Renewable Power

The plan also includes $16 billion to plug abandoned oil and gas wells.

March 31, 2021

Investment , Legislation , Emissions , Renewables

Biden Unveils Big Offshore Wind Energy Expansion along East Coast

The plan to expand the nation’s fledgling offshore wind energy industry is part of President Joe Biden’s broader effort to eliminate U.S. greenhouse gas emissions to fight climate change.

March 29, 2021

Business , Exploration & Production , Legislation , International

Mexico’s President Pitches Law That Could Suspend Oil Permits

In a new initiative by Mexican President Andrés Manuel López Obrador, a copy of which was seen by Reuters, set out a series of measures to strengthen state influence over the oil and gas industry.

March 29, 2021