Analysis of Romney-Ryan “Oil Above All” Plan

WASHINGTON (August 23, 2012) - The "oil above all" energy plan released today by GOP presidential candidate Mitt Romney would reduce the safety of drilling operations, hand over control of taxpayer-owned land to oil companies, and protect $4 billion in tax subsidies for oil companies while allowing 40,000 American wind energy jobs to disappear in the next year. These impacts and others are detailed in an analysis of the Romney-Ryan energy scheme that was released today by the Democratic staff o… Continue Reading


Analysis of Ryan Budget Cuts to National Resources Programs

National Parks, Wildfires, Native American Health, Fishing All Impacted by Destructive Plan WASHINGTON (August 21, 2012) - The budget proposal devised by Republican Vice Presidential candidate Rep. Paul Ryan (R-Wis.) would potentially close National Parks, cut off valuable water resources to the West, slash clean energy funding, encourage more destructive wildfires, and put the health of Native Americans at risk. These impacts were detailed today in an analysis released by the Natur… Continue Reading


Drought’s Impact on Energy Production and Water

New Markey report connects the dots between climate change, energy production and water needs Washington, D.C. (August 17, 2012) - New polling shows Americans' concerns about the drought and the extreme weather events that have punished our nation this year are on the rise. Their concerns are real: Nuclear power plants are shutting down over water concerns. Farmers and ranchers are suffering from fewer crop yields and higher feed prices. Families will pay more at the grocery store. The drought … Continue Reading


Tax Free Tar Sands

Treasury Giving Tar Sands Free Ride into Oil Spill Response Fund; Comes on Heels of Second Enbridge Spill of Canadian Oil WASHINGTON (July 31, 2012) - An ill-informed decision by the Internal Revenue Service saying tar sands is not actually crude oil is giving tar sands oil a free ride from paying a tax which funds an oil spill cleanup fund, even though tar sands oil has properties that cause it to be costlier when it spills, and is more corrosive, posing increased risks to pipelines during tra… Continue Reading


Offshore Drilling and Foreign Terror: Iran, Syria, and America’s Oil Industry

Introduction: Iran is currently the world's most dangerous state sponsor of terrorism, and is actively attempting to build an arsenal of nuclear weapons. Syria is currently engaging in a barbaric purge of its own citizens, after decades of brutal rule over its citizens. These countries do not deserve American economic investment, nor is it allowed under many current laws. Several oil companies were forced in recent years to cease their investments in Iran's energy development. In fact five com… Continue Reading


Mole Hills out of Mountains & Our Pain Their Gain Mountains Destroyed for Coal Shipped Overseas

WASHINGTON (March 6, 2012) - Republican allegations that the Department of Interior has acted improperly in preparing a new rule to protect streams from mountaintop removal mining are without merit, according to a report released today by Rep. Ed Markey (D-Mass.), Ranking Member of the House Natural Resources Committee, and Rep. Rush Holt (D-N.J.), Ranking Member of the Subcommittee on Energy and Mineral Resources. The report, which was prepared by the Committee's Democratic staff at the request… Continue Reading


Understanding H.R. 2842 - Hydropower Development

To Download a copy of this document, CLICK HERE. The Bureau of Reclamation is the largest wholesale water supplier in the nation, operating 348 reservoirs with a total storage capacity of 245 million acre-feet of water. These reservoirs provide irrigation water to 10 million farmland acres through hundreds of miles of canals. There has been some interest in developing small-conduit hydropower at Reclamation water canals and pipelines. H.R. 2842 would amend the Reclamation Project Act of 1939… Continue Reading


Drill Here, Sell There, Pay More

WASHINGTON (March 1, 2012) - Concerned that the wholesale export of American-made natural gas could raise prices for consumers and businesses, Rep. Ed Markey's (D-Mass.) today released a report, prepared at his request by the House Natural Resources Committee's Democratic staff, exposing the perils of large-scale natural gas exports for the U.S. economy. Included in the report is new information from the Department of Energy Secretary indicating that the agency will not approve any new export li… Continue Reading


Cutting Off the Headwaters: An Analysis of H.R. 1837, the San Joaquin Valley Water Uncertainty Act

This vote also will occur on the same day as the Republican efforts in the House to open up the East, West and Florida coasts to drilling in their futile attempt to pass a transportation bill. WASHINGTON (February 16, 2012) - Today the Natural Resources Committee will vote on legislation that would wrest control of state water rights away from California, undo a local settlement over water rights that was decades in the making, and revert back to mid-1990s endangered species analysis to allow a… Continue Reading


Drilling Dysfunction: How the Failure to Oversee Drilling on Public Lands Endangers Health and the Environment

The report finds that from 1998 to 2011, more than two thousand violations were handed out by the U.S. Department of Interior to oil and gas companies drilling on taxpayer-owned lands. Some were issued to companies for not installing the now-infamous blowout preventer. Some were for poorly protecting the walls of the well from potentially leaking gas, oil or fluids. In dozens of cases, oil and gas companies even started to drill on federal lands before their permit was fully approved. The repor… Continue Reading


Profits and Pink Slips: How Big Oil and Gas Companies Are Not Creating U.S. Jobs or Paying Their Fair Share

A Natural Resources Committee Democratic staff review of recent earnings reports for the five largest investor-owned oil companies -- ExxonMobil, Chevron, BP, Shell and ConocoPhillips -demonstrates how high oil prices are translating into huge profits for these companies. Together, the Big Five oil companies: Recorded $36 billion in profits in the second quarter of this year. Repurchased nearly $10 billion worth of their own stock in the second quarter alone, thereby boosting the value of r… Continue Reading


Dirty Work: An Analysis of H.R. 1

Introduction At 4:40 a.m. on Saturday, February 19, 2011, the House of Representatives voted 235-189 to pass H.R. 1: the Full-Year Continuing Appropriations Act of 2011. H.R. 1 passed the House with 235 Republican ayes and 186 Democratic and three Republican nays. Much of the coverage of H.R. 1 has focused on the bill's broad and deep cuts in federal spending, which were made more draconian in order to ensure support from factions within the Republican conference. This analysis, completed by… Continue Reading


1 Billion in Profits and Still at the Trough: Oil and Gas in the 21st Century

WASHINGTON (February 3, 2011) - Nearly $1 trillion - that's the total profit earned by the top five multi-national oil companies over the first decade of the new millennium. $36.5 billion - that's the total in tax subsidies the American public will provide to the oil industry over the next decade. $53 billion - that's the value that oil companies could receive from not paying royalties on some Gulf of Mexico production over the next 25 years. And 1916 - the oldest tax subsidy the oil companies s… Continue Reading

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