China is looking to secure its foothold on Canada’s oil sands, an entirely unsurprising development as President Obama continues to ignore North America’s rich energy resources and delay construction of the Keystone XL pipeline. On Monday, China's state-owned Cnooc offered to buy the Canadian energy company Nexen, a significant player in the oil sands market. The Wall Street Journal editorial page today describes this move as “a post-Keystone XL pipeline bid to replace the U.S.
WASHINGTON, DC – The House Energy and Commerce Committee today released a list of letters and statements showing the growing support for the “No More Solyndras Act,” a signature piece of committee legislation co-authored by full committee Chairman Fred Upton (R-MI) and Oversight and Investigations Subcommittee Chairman Cliff Stearns (R-FL).
In the wake of the Supreme Court’s ruling that states are not required to participate in Obamacare’s massive Medicaid expansion, the non-partisan Congressional Budget Office today released an updated report revealing that despite covering fewer individuals, the health care law actually increases federal spending, taxes, and premiums even more than previously estimated. By the Numbers
WASHINGTON, DC – Nuclear Regulatory Commission Chairman Allison Macfarlane appeared before Congress today alongside NRC Commissioners Kristine Svinicki, William Magwood, and William Ostendorff at a joint hearing hosted by the House Energy and Commerce Subcommittees on Environment and the Economy and Energy and Power.
WASHINGTON, DC – House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Energy and Power Subcommittee Chairman Ed Whitfield (R-KY) sounded a note of caution following today’s announcement that the EPA will extend the deadline for issuing its final standards for cooling water intake structures, known as the 316(b) rule, by one year. Upton and Whitfield have been leaders in the fight against EPA’s regulatory assault that, when this suite of complex new rules is taken altogether, threaten countless jobs and would cause significant economic harm.
WASHINGTON, DC – To help cut bureaucratic red tape and remove regulatory burdens on American businesses, the U.S. House of Representatives today approved H.R. 5859, a bipartisan bill to repeal an obsolete mandate requiring motor vehicle insurance cost reporting.