Tag: H.R. 1

U.S. Industry can address OPEC+ Supply Cuts If Allowed

The OPEC+ surprise announcement to cut oil production 1.16 million barrels per day (bpd) shows that global market dynamics are again the deciding role in oil prices as the per barrel price in the United States spiked 5.31 percent to $84.13 a barrel. The price increase accounts for the largest rise in almost a year

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Permitting Reform Needed For All Energy Sources, So Why Is Biden Administration Threatening to Veto HR1?

A legislative package (H.R. 1) making its way through the U.S. House would streamline permitting of energy projects, increase domestic energy production, ensure reliable energy supplies and reduce emissions – all things that have been deemed critical on both sides of the aisle. Despite this, the Biden administration is already threatening to veto H.R. 1

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