Domenici Statement on House Energy Tax Increases
WASHINGTON – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee, today issued the following statement regarding House passage of an $18 billion tax increase on domestic oil and natural gas production: “Here we go again. The House of Representatives has once again passed a punitive tax increase […]
Bingaman on U.S. Oil Inventory Policy
“Thank you for being here today to discuss a critical aspect of our nation’s energy security: oil inventories and, in particular, the Strategic Petroleum Reserve (SPR). “I am concerned about the current policy to fill the SPR with Royalty-in-Kind oil from the Department of the Interior, regardless of market conditions, and for that […]
The Week Ahead (Feb. 25-29)
On Tuesday, Feb. 26, the full committee will examine U.S. oil inventory policies, including the Strategic Petroleum Reserve. Invited witnesses include Frank Rusco, acting director, Natural Resources and Environment, Government Accountability Office; Katharine Fredriksen, principal deputy assistant secretary, Office of Policy and International Affairs, U.S. Department of Energy; Frank Verrastro, director and senior fellow, Energy […]
GAO on Outsourcing at Forest Service
The Government Accountability Office has issued a report detailing major problems with the Administration’s plans to outsource Forest Service jobs. The initiative, called “competitive sourcing,” seeks to use private contractors to take over up to 24,000 Forest Service (USFS) jobs — two-thirds of the entire workforce. As a result of investigations, Congress in 2004 […]
Bingaman on Surging Oil Prices
"Today’s record-setting close for oil illustrates our energy vulnerabilities. Right now, we depend on everything going right, and when there is a refinery outage or the threat of cutbacks abroad, our prices go up. Congress took some meaningful steps to get out of this rut last year when we required, for the first time in […]
Domenici Statement on Department of the Interior FY2009 Budget Hearing
WASHINGTON – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee, today issued the following statement regarding President Bush’s FY2009 budget request for the Department of the Interior: “Thank you, Chairman Bingaman. Good Morning, Mr. Secretary. I want to thank you for coming to testify on the Department of […]
Chairman Bingaman on DOI Budget
“This morning we are reviewing the President’s proposed budget for the Department of the Interior. I’d like to welcome Secretary Kempthorne to the committee, and look forward to hearing his statement in just a few minutes. “I’d like to take a minute to make a few observations about the Administration’s proposed budget. At […]
The Week Ahead (Feb. 11-15)
Weekly Bonus … We bring to your attention an analysis that Energy Secretary Bodman provided this week to Chairman Bingaman regarding the impacts of last year’s omnibus appropriations act on some of the basic science programs of the Department. Sen. Bingaman, a champion for science research and education, had asked Mr. […]
Domenici Says Renewable Fuel Standard May Need Changes
WASHINGTON – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee today said that the recently passed renewable fuels standard (RFS) may need changes in order to be effectively implemented. At a committee hearing to discuss the market effect of the RFS, Domenici noted that RFS contained […]
Bingaman on RFS Effects on Energy Markets
“Thank you all for coming today to discuss the Renewable Fuel Standard included in the Energy Independence and Security Act, which was signed into law on Dec. 19, 2007. This groundbreaking legislation will save more energy than all previous energy bills we have passed. Americans will spend less money on gasoline, as their cars and […]