A divided U.S. Congress probably won’t agree to revamping the tax code this year, according to the head of the American Petroleum Institute, which is lobbying to protect breaks for the oil and gas industry.
American Petroleum Institute President Jack Gerard said he believes President Barack Obama will approve the Keystone XL Pipeline this year, after another environmental-impact study of the proposal is complete.
Aug. 28 (Bloomberg) -- Jack Gerard, president of the American Petroleum Institute, Carlos Gutierrez, vice chairman of the institutional clients group at Citigroup Inc., Leonard Cali, senior vice president of external and legislative affairs at AT&T Inc., and Robert Litan, director of research at Bloomberg Government, talk about the U.S. regulatory environment. They speak at the Republican National Convention in Tampa, Florida, as part of the Bloomberg/2012 Tampa Host Committee Economic Development Series. Bloomberg's Michael Riley moderates the panel. (Source: Bloomberg)
The proposed Keystone XL pipeline cleared a key hurdle today with a government study that found its impact on the climate would be minimal, which supporters said meets President Barack Obama’s test for allowing the project to be built.
The top Republican on the Senate Energy Committee urged President Barack Obama to end a 39-year ban on exports of U.S. crude oil, joining what is shaping up as a major election-year debate over energy policy.
A U.S. Senate committee approved a bill that would bypass President Barack Obama and permit the long-delayed Keystone XL pipeline, part of a drive by a bipartisan group of lawmakers to force a vote by the full Senate.
The U.S. Environmental Protection Agency plans to unveil new regulations March 3 to reduce smog from automobiles, including cutting by two-thirds the level of sulfur in gasoline, people familiar with the agency’s deliberations said.
The U.S. Environmental Protection Agency plans to unveil new regulations next week to reduce smog from automobiles, including cutting by two-thirds the level of sulfur in gasoline, according to people familiar with the agency’s deliberations.