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March 6, 2009

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Stay in touch with the pulse of energy policies and politics. Every Friday, OGJ Washington Pulse e-mails free to newsletter subscribers the news and analytical articles on its web page. To keep up during the week, check the web page by visiting OGJ Online at www.ogj.com and clicking “OGJ Washington Pulse” on the left navigation bar.

CONTENTS

•Obama addresses plan to modify Endangered Species Act consultation

•Russia-Ukraine gas confrontation raises major questions, experts say

•A stripper well owner-operator speaks up

•INGAA Foundation study considers CCS pipeline infrastructure issues

•'Higher tax burdens on domestic energy producers will drive up energy costs'

•Senate committee to examine water resources and energy

•Proposed tax law changes would harm gas consumers too, AGA warns

•Senate Republicans ask Obama to overturn Salazar's OCS plan delay

•Lower middle income countries feel oil price swings the most, study finds

•Murkowski introduces bill to develop ANWR with directional drilling



STORIES

Obama addresses plan to modify Endangered Species Act consultation
US President Barack H. Obama ordered federal agencies on March 3 to use the option to consult under a Bush administration plan to adopt new consultation requirements under the Endangered Species Act.
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Russia-Ukraine gas confrontation raises major questions, experts say
The confrontation between Russia and Ukraine in January over natural gas raises questions not just for Europe, but also for the United States, experts indicated at a Feb. 23 seminar at the Heritage Foundation.
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A stripper well owner-operator speaks up
The domestic oil and gas industry found plenty to dislike when the Obama administration announced its proposed federal budget. But it's possible that the segment which would be hurt quickest and hardest is its marginal, or "stripper," oil producers.
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INGAA Foundation study considers CCS pipeline infrastructure issues
The INGAA Foundation Inc. has released the first study of possible pipeline carbon capture and sequestration infrastructure requirements under a national mandatory greenhouse gas emission reduction program.
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'Higher tax burdens on domestic energy producers will drive up energy costs'
Marc W. Smith, Independent Petroleum Association of Mountain States executive director, on Obama administration proposals to place $31 billion of taxes on the US oil and gas industry over 10 years.
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Senate committee to examine water resources and energy
The US Senate Energy and Natural Resources Committee will discuss authorizing an analysis of the impact of energy development and production on US water resources on March 10 at 10 a.m. in Room 366 of the Dirksen Senate Office Building.
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Proposed tax law changes would harm gas consumers too, AGA warns
The Obama administration's proposed oil and gas tax law changes would hurt natural gas consumers as well as producers, the American Gas Association warned on March 4.
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Senate Republicans ask Obama to overturn Salazar's OCS plan delay
Three US Senate Republicans asked US President Barack H. Obama on March 2 to expeditiously complete development of the five-year Outer Continental Shelf plan which US Interior Secretary Ken Salazar has delayed.
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Lower middle income countries feel oil price swings the most, study finds
Lower middle income countries were the most vulnerable to global oil prices increases over 10 years, a new study released by the World Bank's Oil, Gas and Mining Policy division said.
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Murkowski introduces bill to develop ANWR with directional drilling
US Sen. Lisa Murkowski (R-Alas.) introduced her previously announced bill to authorize leasing in the Arctic National Wildlife Refuge using directional drilling from state lands on Feb. 27.
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