He urged Congress to raise their taxes if production is not increased. President Joe Biden has urged Congress to increase taxes on oil and gas companies’ profits if…
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The U.S. Has 25 Days of Diesel Supply
The shortage could disrupt supply chains National Economic Council Director Brian Deese described the 25 days of diesel supply as “unacceptably low.“ The advisor to President Biden stated that…
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Energy Department Seeks Input on Rural Energy Funding
Request for information issued for $1 billion toward efficient energy implementation. The Department of Energy (DOE) has published a request for information, seeking public input for rural energy…
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President Plans More Strategic Oil Reserve Releases
Will give out 10 to 15 million barrels between now and midterms. Earlier this week, President Biden suggested he would announce new actions to address rising gas prices,…
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Interior Department Requests Input on Defense Production Act
Department seeks for strategies to make domestic energy more reliable. The Department of Energy (DOE) issued a Request for Information this week, opening up for public comment on…
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Government Funding Passes Without Energy Permitting
Senator Manchin’s attempt to accelerate energy permitting was removed. Congress passed stopgap government funding legislation late this week, just before the October 1 deadline. In order to pass…
Read MoreFunding Offered for Nuclear Waste Management Education
DOE provides $16 million to discuss “consensual solutions” with communities. The Department of Energy announced this past week that they will offer $16 million to fund up to…
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President Considers Floating Offshore Wind Turbines
The Interior secretary says, “Floating wind has incredible potential.” President Biden and others in the administration are seeking to develop additional offshore wind energy in deeper waters and…
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Gulf of Mexico Oil and Gas Lease Sales Reinstated
Action in compliance with the Inflation Reduction Act. The Department of the Interior reinstated an offshore oil and gas lease sale that was invalidated by a federal judge…
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More House Members Oppose Senate Energy Side Deal
Letter sent to House speaker to remove the provision from funding bill. On Monday, 77 members of the House signed a letter written by House Majority Leader Steny…
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