Reports

03.06.12

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


03.01.12

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


02.16.12

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


02.08.12

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


09.08.11

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


02.19.11

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


02.03.11

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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