The Washington Independent
The Washington Independent

Oil Industry: ‘Difficult’ to Pass Energy, Oil Spill Bills This Year

Last updated: 07/31/2020 08:00 | 09/14/2010 07:08
news
Tyreece Bauer

American Petroleum Institute President Jack Gerard predicted today that energy legislation, including an oil spill response bill and a stripped-down energy bill, will likely not be considered until after the mid-term elections in a lame duck session in the Senate. Even then, he said, “It will be difficult to get anything done between now and the end of the year.” Gerard’s assessment falls in line with what I’ve been told be Senate sources and even some environmentalists. For more on what to expect from the Senate this year, see this post.

Gerard also criticized an amendment to the small business bill sponsored by Sen. Bill Nelson (D-Fla.) that would exclude much of the industry from a key manufacturing tax deduction. The amendment is slated to come up for consideration later today. According to Gerard, passage of the amendment would “put some $127 billion in energy development investments at risk between 2011-2020.” Gerard said that such a reduction in investment would threaten thousands of jobs. API sent a letter to Senate Majority Leader Harry Reid (D-Nev.) on the issue late last week.

Tyreece Bauer | Analyst and photographer in the field of technology. When I'm not working on my laptop, I like to go surfing, hiking with friends, and go karting or play soccer with my nephew. I enjoy traveling and am excited to visit Tokyo this summer. What are your plans for your next trip?

Related

MA-Sen: 150 Conservative Bloggers Fan Out, Looking for Scandals

BOSTON -- The mysterious Election Journal blog, which first released the infamous 2008 video of two bumbling New Black Panther Party members waving nightsticks

MA-Sen: 66 to 19

BOSTON -- That, via Alex Isenstadt and Josh Kraushaar, is the number that defined the Massachusetts Senate race more than anything else. From the primary

MA-Sen: A Text Message From Scott Brown

BOSTON -- Having signed up for Scott Brown’s text message service for election day, I just got this text: Are you about to have lunch? It’s a great time to

MA-Sen: Loyal Democrats Grouse About Coakley

BOSTON -- A little while after noon, a steady crowd of Democratic voters streamed into the Cathedral High School Gymnasium to cast votes for their party’s

MA-Sen Photos: ‘Paint the Town Red! Croakley’s Dead!’

Below are some photos of yesterday’s People’s Rally in Worcester, the rally that Brown held to counter-program the Obama rally in Boston. The crush of

MA-Sen: Brown Wins

BOSTON -- At 9:20, the first rumors of Scott Brown’s victory in the Massachusetts Senate race started to work around the room. A moment later, Doug Flutie

MA-Sen: Out-of-Staters for Brown

BOSTON -- A surprising discovery at yesterday’s People’s Rally in Worcester was just how many people had traveled into the state to assist, in whatever way,

MA-Sen: Republicans Celebrate Coakley’s Gaffes in Worcester

WORCESTER, Mass. - By the way, said Curt Schilling. One more thing. I am not a Yankees fan. The overflowing crowd at Worcester’s Mechanics Hall on

Net Investors Bullish on Palin’s Prospects for Staying on Ticket

Just for fun, the Internet prediction Website Intrade has opened a contract on whether Alaska Gov. Sarah Palin will be withdrawn as McCain’s running mate.

© Copyright 2021 The Washington Independent All Rights Reserved

Terms & Privacy | twi.news@washingtonindependent.com