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  • 02

    Obama Coal-Pollution Rule Is Poised to Be First Undone by Trump

    By Ari Natter and Catherine Traywick

    Republicans in Washington took their biggest step yet to reverse Barack Obama’s regulatory legacy, dusting off a little-used congressional tool and voting to kill a rule aimed at protecting streams from the effects of coal mining.

    With the Senate following the House in voting for the measure, President Donald Trump is now poised to be the first president in 16 years to sign a regulatory repeal resolution. It will be only the second rule overturned by the Congressional Review Act -- and for Republicans it’s just a start. They have a long queue of other rules they want to repeal the same way. 

    "A lot of the talk of the election is now going into action," Senator Shelley Moore Capito, a West Virginia Republican, said on the Senate floor before the vote. She called the coal-mining rule a "last minute power grab aimed at giving more power to the federal government."

    While Trump and congressional Republicans are sometimes divided on issues such as tax and trade, they are united in wanting to halt federal regulations. House Speaker Paul Ryan unveiled his Better Way plan last year that outlined how both specific rules should be rescinded, and the process be changed so that issuing new regulations is harder. In his first days in office Trump ordered his departments to cut two rules for every new one issued. He has advocated against the biggest environmental rules issued under Obama, including the landmark Clean Power Plan. That makes use of the CRA especially relevant. [more]
  • 07

    Trump taps Oklahoma AG Scott Pruitt to lead EPA

    Timothy Cama

    The Hill

    President-elect Donald Trump plans to nominate Scott Pruitt, the Republican attorney general of Oklahoma and a frequent legal adversary to President Obama, to lead the Environmental Protection Agency (EPA), according to multiple reports.

    If confirmed by the Senate to oversee the 15,000-employee agency, Pruitt would take the lead on dismantling the EPA regulations that Trump targeted throughout his campaign as job killers that restrict economic growth.

    Transition officials did not return The Hill's request to confirm the reports. [more]

  • 14

    Harold G. Hamm named Chief Roughneck by US Steel Tubular Products

    United States Steel Corporation

    Today, US Steel Tubular Products, Inc., a subsidiary of United States Steel Corporation, announced that Harold G. Hamm, chairman and chief executive officer of Continental Resources, is the recipient of the 2016 Chief Roughneck Award. The announcement was made at the 87th annual meeting of the Independent Petroleum Association of America (IPAA).

    US Steel Senior Vice President -Tubular Business David Rintoul presented Hamm with the traditional Chief Roughneck bronze bust and hard hat when recognizing Hamm. 

    "Harold is a tireless advocate for America's energy independence," said Rintoul. "He is a fighter, not only for our industry and his company, but also for the success of others. He personally devotes his time and resources to championing a healthy and secure future for all Americans. This steadfast commitment makes him a perfect choice for the 2016 Chief Roughneck Award." [more]

  • 19

    Muddling the tax reform debate

    David Williams

    Last week, Presidential candidates Hillary Clinton and Donald Trump both traveled to Michigan within days of each other to give major economic policy speeches. With the economy continuing to falter — recent Commerce Department numbers show a paltry 1.2 percent growth the last quarter — Americans were eager to hear the candidates’ proposals on how to get the nation back on the right economic path.

    Discussion of economic policy inevitably involves a discussion on addressing tax policy and implementing tax reform. It’s also inevitable that tax reform discussion leads us to a persistent myth which continues to rear its ugly head despite evidence to the contrary — that America’s oil and natural gas companies receive subsidies from the government.

    Three long-standing tax deductions are typically targeted for elimination — percentage depletion, intangible drilling costs, and the domestic manufacturing deduction (also known as Section 199). All are critical as they enable energy companies to explore, develop and invest.

    Removing important tax deductions would ultimately result in not only the loss of jobs and contributions to the U.S Gross Domestic Product, but investments the industry makes that have taken our nation from an era of energy scarcity to one of energy abundance. [more]

  • 04

    Oklahoma AG joins other states in suit against EPA on methane emissions

    Paul Monies

    The Oklahoman

    Oklahoma has joined a dozen other states in a lawsuit challenging federal regulations for methane emissions from new equipment at oil and natural gas sites.

    Attorney General Scott Pruitt joined the effort Tuesday led by West Virginia Attorney General Patrick Morrisey. The rules are part of the Obama administration’s goal to cut methane emissions from the oil and gas industry more than 40 percent from 2012 levels by 2025.

    The deadline to file challenges to the rule was Tuesday. In separate filings, Texas and North Dakota challenged the regulations last week. Several industry groups, including the Oklahoma Independent Petroleum Association and the Domestic Energy Producers Alliance, joined together in their own lawsuit against the regulations. [more]