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While the Clean Power Plan has attracted a great deal of attention in recent weeks, a number of Congressional initiatives may well be the focus of the fall legislative session. With both the House and Senate considering what would be the first comprehensive energy packages since 2007, energy promises to play a prominent role when the congressional session resumes in September. A few potential initiatives include: Senate Energy and Natural Resource (ENR) Committee: ENR passed the Energy Policy Modernization Act of 2015. The bipartisan bill includes five titles focused on Efficiency, Infrastructure, Supply, Accountability and Conservation. House Energy and Commerce… [more]View Insight
United States Senator, State of Alaska
Chairman, Senate Energy and Natural Resources Committee
Some of America’s oldest allies are heavily reliant on unappealing sources of oil and our nation’s resource abundance places us in a position to render vital assistance. The International Energy Agency estimates that in 2012 the United Kingdom depended on Russia for 12 percent of its crude oil imports, a relatively modest proportion when compared to the Netherlands (31 percent) and Poland (96 percent). All told, Russian oil accounts for approximately one-third of European Union imports. Meanwhile, Italy receives some 21 percent of its imported crude from Libya, and other key partners — India, Japan, and South Korea — bank… [more]View Insight