natural gas
Senate Democrats and Republicans are at loggerheads over recently announced mergers in the oil industry. Last year, reports emerged of planned mergers between Exxon and Chevron with Pioneer Natural Resources and Hess Corporation, respectively. Exxon and Chevron are the two largest oil companies in the United States. Exxon has claimed the merger “represents an opportunity […]
US Senator Rick Scott (R-FL) was joined by a delegation of Senate Republicans this week in an effort to oppose President Joe Biden’s administration’s announced taxation plans for energy producers. On March 11, 2024, the US Treasury Department unveiled its General Explanations of the Administration's Fiscal Year 2025 Revenue Proposals (Green Book). The Green Book […]
Senator Marco Rubio (R-FL) has reintroduced legislation to expedite the approval process for the export of natural gas to America’s allies abroad. Known as the Expediting Natural Gas Exports to Allies Act, the bill would shorten the approval processes to supply “strategic partners like Ukraine and Taiwan from the Kremlin and Chinese Communist Party.” Currently, […]