Trump says he would consider raising gasoline tax | Oil & Gas Journal

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

More in Washington Pulse

US sanctions necessary to stop Nord Stream 2 pipeline, speakers say

US sanctions will be necessary to stop construction of the proposed Nord Stream 2 natural gas pipeline, speakers indicated at a Mar. 12 Jamestown Foundation (JF) event.

Federal judge remands BLM Wyoming leases, orders climate studies

A federal judge ruled that the US Bureau of Land Management did not adequately consider potential climate impacts when it issued oil and gas leases in Wyoming in 2015 and 2016, remanded the leases to the US Department of the Interior agency, and ordered it to conduct further studies.

A mired transition

Feverish, centrally managed energy transition works against itself. The dash for energy-related response to climate change has slowed, and political resistance where it has occurred makes reacceleration doubtful. US lawmakers posturing over the Green New Deal should pay attention.

Watching Government: Venezuela’s petro-diplomacy

Venezuela President Hugo Chavez promoted Petrocaribe as a regional social improvement program in 2005 when he inaugurated it to sell Venezuelan crude oil at deep discounts to countries across Latin America that did not have their own production.

EPA starts to rank 40 chemicals under the amended TSCA

The US Environmental Protection Agency published a list of 40 chemicals on Mar. 20 that it intends to review and prioritize for risk evaluation under the amended Toxic Substances Control Act (TSCA). It said it was releasing the list to give the public opportunities to submit relevant information such as the uses, hazards, and exposure for these chemicals.

Witnesses offer differing views of Mid-Atlantic OCS G&G work

Resumption of oil and gas geological and geophysical (G&G) data gathering on the US Mid-Atlantic Outer Continental Shelf after more than 30 years would help advance scientific knowledge as well as identify and determine the value of potential resources there, US Bureau of Ocean Energy Management Acting Director Walter D. Cruikshank told one US House Natural Resources (HNR) subcommittee on Mar. 6.

Western Australia EPA tightens GHG guidelines for petroleum projects

Western Australia’s Environmental Protection Authority (WAEPA) has revised its guidance on mitigating greenhouse gas emissions from large new or expanding projects in the state, drawing the ire of the petroleum industry.

Oil’s vulnerability

Vulnerability persists in an oil market that might be starting to feel comfortable. The price of West Texas Intermediate crude has gained $10/bbl since the recent low of $45/bbl last December.

Politicians pander to ethanol as Iowa caucuses approach

With Iowa caucuses less than a year away, presidential hopefuls from both political parties are busy kissing the ethanol baby.

Watching Government: AFL-CIO on Green New Deal

The nation’s largest organized labor entity apparently has some serious concerns about the proposal to address global climate change circulating in the 116th Congress, commonly known as the Green New Deal.

Watching Government: Mexico’s new kid in town

Mexico’s commercial crude oil production began in 1901. The government agency that Luis R. Vera Morales began to lead soon after President Andres Manuel Lopez Obrador was inaugurated this past December has existed for about 4 years.

TPI: Texas’ oil and gas recovery interrupted at yearend

The Texas Petro Index (TPI) declined in November and December 2018 on the heels of 23 straight months of growth, in response to dramatic declines in crude oil prices in the last 2 months of the year.

Rystad: US sanctions on Venezuela will be weaker than expected

US sanctions against Venezuelan state oil company Petroleos de Venezuela SA (PDVSA) will deal a meaningful blow to President Nicolas Maduro’s administration’s cashflow, but the effects will not be as harsh as the US expects, according to Rystad Energy.

US imposes sanctions on PDVSA in effort to isolate Maduro regime

The US government has imposed sanctions on Venezuela’s national oil company Petroleos de Venezuela SA (PDVSA) on Jan. 28 following a determination by US Treasury Sec. Steven Mnuchin, in consultation with US Sec. of State Mike Pompeo, that persons in PDVSA are plundering operations to smuggle drugs and otherwise increase their personal gain.