December 3, 2015, 5am PST
The plan, now five years rather than six, still needs the sign-offs from both chambers before being sent to the president for his signature on Friday according to POLITICO. Ironically, another extension will be needed to allow a signing ceremony.
Politico Morning Transportation
July 24, 2015, 11am PDT
What happened to the "strategic" in the nation's Strategic Petroleum Reserves? As Politico reveals, heretofore these oil reserves have only been sold when the nation's oil supply was threatened. Republicans leaders now view the SPR as a cash cow.
July 20, 2015, 10am PDT
The House passed their patch bill on July 15—it's now the Senate's turn at bat on highway funding. Both houses are controlled by Republicans but they appear to be pitching for different teams. A bill must pass by July 31 or road funding ceases.
December 17, 2013, 8am PST
Harkening back to the long lines at gas stations that erupted after the 1973 Arab oil embargo, followed by diminishing oil production, US crude oil exports were prohibited. With production booming, energy czar Ernest Moniz may reconsider that policy.
The New York Times - Energy & Environment
June 26, 2011, 11am PDT
With the flow of Libyan oil at a stalemate, the President ordered the release of 60 million barrels over the next 30 days to keep the world supply stable and gas prices from increasing.