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Colorado U.S. Rep. Jared Polis' amendment to strip $25 million in subsidies for oil shale passed the House today on a 208-207 vote. The money will be redirected to deficit reduction. The measure failed earlier in the day by a 192-222 vote but went to a second vote when a member whose vote hadn't been counted asked for a new vote, a source told The Colorado Independent.
Thirty years ago, Herb Bacon was working in the old U.S. Bank of Grand Junction when a man operating Exxon's local oil shale project walked into the lobby with his usual pep in his step. Little did either man know it then, but two days later--on what is now known as "Black Sunday"--Exxon pulled the plug.
A trio of bills designed to invigorate drilling on public lands has a watchdog group casting U.S. Reps. Scott Tipton, Doug Lamborn and Mike Coffman as “the Three Stooges for the oil and gas industry.”
A campaign reform group skewered U.S. Rep. Scott Tipton on Thursday for continuing to rake in big bucks from special interest groups and voting for oil and gas projects that could financially benefit him.
Rejecting both the Republican push for an accelerated Keystone XL oil pipeline and the GOP argument that he doesn’t care about jobs, President Barack Obama Wednesday touted his record of increased domestic oil and gas production.
The old joke on Colorado’s Western Slope – in a gallows humor kind of way – is that oil shale is the energy of the future … and always will be. But Colorado congressmen Scott Tipton and Doug Lamborn say the future is now – even if the oil and gas industry isn’t quite ready.
Coloradans blame market speculation and oil companies for high gas prices, and the vast majority say the best way to bring prices down is to crackdown on market manipulation, according to a poll released Tuesday.
What Republican Congressman Cory Gardner hopes to do for offshore oil and gas drilling in Alaska, his fellow Colorado GOP House member Mike Coffman is looking to do for onshore drilling on federal lands across the country -- strip away perceived environmental regulatory hurdles. Coffman dropped his Facilitating American Security Through Energy Resources Act (FASTER) bill on Monday and immediately got blowback from environmental watchdog groups.
The nonprofit Checks and Balances Project today released an analysis of the skyrocketing profits of the nation’s top five oil and gas companies in...
House Republicans today began a week of what will no doubt be heated hearings aimed at blocking Interior Secretary Ken Salazar’s Wild Lands order that directed the U.S. Bureau of Land Management (BLM) to protect millions of acres of federal land for its wilderness value.