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BATTLE IN ALASKA: Proponents of ConocoPhillips’ Willow project are stepping up their campaign for the oil field’s approval and seek to put President Joe Biden on notice about what’s at stake with the politically volatile project, especially for local Alaska native communities that would see a major financial windfall if the project is given the green light.
“The majority consensus on the North Slope is in support of the project,” Harcharek said, recalling a resolution supporting the project that the Voice of the Arctic Iñupiat’s 24 member organizations passed unanimously. “We need that local infrastructure and that ability to bond for some of those projects and all of that comes back to the economic base which development provides for us,” he said.
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They also require the provision of publicly accessible data on locations, price, and availability of charging stations. A separate component of the plan, which will be phased in, adds sourcing requirements for inputs in charging stations. At least 55% of the cost of all components must be manufactured domestically by July 2024 to access federal funding.
Their bill would tax oil companies that produce or import at least 300,000 barrels of oil per day, imposing a per-barrel tax equal to 50% of the difference between the current price of a barrel of oil and the average price per barrel between 2015 and 2019. Revenues would then be rebated to taxpayers.
TRAIN DERAILMENT LATEST: DEWINE CALLS FOR CHANGES TO TRAIN RULES: Ohio Gov. Mike DeWine asked Congress to change its rules for hazardous trains, saying at a press conference yesterday that the state was not notified about the dangerous chemicals on board a 150-car train that derailed earlier this month in East Palestine.
The report is the third month in a row that the IEA has increased its oil demand forecast, and is up 100,000 bpd compared to last month’s forecasted growth.
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Montana, energy groups sue Portland for blocking energy infrastructureMontana and several energy nonprofits have filed a lawsuit against the city of Portland, Oregon, for blocking the transportation of fuel and the building of new energy infrastructure.
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EPA, Residents Warn of Ecological Damage From Ohio Train CrashA train carrying hazardous chemicals derailed in Ohio earlier this month. Despite assurances, some evacuated residents are hesitant to return home. See potential bias and similarities in coverage from DailyCaller, washingtonpost, Newsweek:
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Daily on Energy: Biden team in a tricky spot with newest mandatory SPR saleSubscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!
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SMU conference to look ahead to 'Future of Energy' - KRLD NewsThe SMU Cox Maguire Energy Institute will host an energy symposium Wednesday and Thursday as part of a collaboration with the George W. Bush Presidential Center. 'Energy Outlook '23' will look at the future of the energy industry.
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