For two years in a row since 2018, Texas RRC staff has taken two days on average to process standard drilling permits, one day below the legislative requirement, a release from the state agency said.
The regulatory changes to NEPA would streamline the federal permitting approval process for major projects but critics lambast the retreat from climate change requirements.
The CEO of the American Petroleum Institute said such proposals from Democratic presidential candidates seeking to ban fracking pose a threat to the economy.
The initiatives include a steep increase in the insurance that oil companies in Colorado are required to carry to cover abandoned wells and would widen the separation between new wells and public areas.
Harold Hamm's letter to Elizabeth Warren said technological innovations like fracking have made Oklahoma the third-largest oil-producing state and made the U.S. “an energy and economic superpower.”
Federal fossil fuel leasing would be halted for at least a year.
Florida Republican Senator Marco Rubio has placed a hold on the Senate confirmation of President Donald Trump's pick to become the deputy secretary of the Interior Department, Katharine MacGregor, over concerns about the agency's plans to expand offshore drilling, his office said on Dec. 4.
The U.S. Senate on Dec. 2 confirmed Dan Brouillette, a former top lobbyist for Ford Motor Co who believes fossil fuels will power a large part of world energy needs for many decades, as President Donald Trump's second energy secretary.
The regulations, which were applauded by environmental groups, sent shares of California-based oil drillers Berry Petroleum Corp. and California Resources Corp. down sharply.
Murkowski and Manchin focus on efficiencies and creating jobs to replace those related to coal.