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Joe Biden has consistently pledged to ban new federal oil and gas leasing and development on public lands and waters.
Energy and Environment

Biden drilling ban would cost 1M jobs and cause $700B drop in GDP: Industry study

Josh Siegel -
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Senator Lisa Murkowski, a Republican from Alaska, does support financial aid programs for small and medium-sized oil companies that have been "devastated" from the price collapse caused by the coronavirus.
Energy and Environment

GOP energy chairman ‘not a fan’ of government taking stakes in oil companies

Josh Siegel -
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President Trump directed Treasury Secretary Steven Mnuchin to design a financial aid program for oil companies with Energy Secretary Dan Brouillette (not pictured).
Energy and Environment

Trump administration set to offer oil companies emergency loans involving government stakes

Josh Siegel -
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Saudi Arabia pushed oil prices lower by flooding the market with crude after Russia last month unexpectedly broke with a multi-year pact to cut production.
Energy and Environment

Saudi Arabia and Russia reach deal to end oil price war after pressure from Trump

Josh Siegel -
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Congress created the Strategic Petroleum Reserve in response to the Arab oil embargo in the 1970s as a way to mitigate supply disruptions.
Energy and Environment

Trump administration confirms it will rent emergency storage space to oil producers facing historic glut

Josh Siegel -
0
President Trump usually favors low oil prices because of the spillover effect on U.S. drivers, but he has become more sensitive to the idea that current market conditions are “hurtful to one of our biggest industries.”
Energy and Environment

Trump to meet with oil industry CEOs amid price crash

Josh Siegel -
0
The new waiver supersedes and expands a previous waiver that EPA Administrator Scott Pruitt issued on Wednesday to include 12 states and Washington, D.C. (AP Photo/Julio Cortez)
Energy and Environment

At oil industry request, EPA delays switch to cleaner-burning summer gasoline

Abby Smith -
0
In this Sept. 21, 2017, photo, a sign on a door of the Environmental Protection Agency in Washington. The EPA says it has recovered 517 containers of “unidentified, potentially hazardous material” from highly contaminated toxic waste sites in Texas that flooded last month during Hurricane Harvey. But the agency has not provided details about which Superfund sites the material came from, why the contaminants at issue have not been identified and whether there’s a threat to human health.
Energy and Environment

EPA to waive environmental requirements for industry challenged by coronavirus pandemic

Abby Smith -
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The U.S. has become a net oil exporter thanks to the shale boom, but refineries still depend on imports.
Energy and Environment

‘Incredibly damaging’: US oil lobby chief opposes proposal to have Texas conspire with OPEC

Josh Siegel -
0
President Donald Trump listens to a question from a reporter as he speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Monday, April 6, 2020, in Washington.
Energy and Environment

Trump orders Energy Department to ‘fill up’ Strategic Petroleum Reserve with cheap oil

Abby Smith -
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