Unlocking the Hidden Consequences of the Petroleum Industry Bill in Congress We weren’t able to create a summary for you. Refresh your page to try again. May 9, 2025 · Last month, the House Committee on Natural Resources marked up its language for the budget reconciliation bill that’s currently making its way through Congress . Now, the Senate has released its own version, which also exempts from royalties natural gas that is vented or flared. May 9, 2025 · Last month, the House Committee on Natural Resources marked up its language for the budget reconciliation bill that’s currently making its way through Congress . Now, the Senate has released its own version, which also exempts from royalties natural gas that is vented or flared. In 2015, Congress recognized the need to adapt to changing crude oil market condi-tions and repealed all restrictions on the export of crude oil on a bipartisan basis. May 9, 2025 · Last month, the House Committee on Natural Resources marked up its language for the budget reconciliation bill that’s currently making its way through Congress. Now, the Senate has … In 2015, Congress recognized the need to adapt to changing crude oil market condi-tions and repealed all restrictions on the export of crude oil on a bipartisan basis. May 2, 2025 · API represents all segments of America’s natural gas and oil industry, which supports nearly 11 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Explore how the Republican tax proposal boosts oil-industry subsidies while slashing clean-energy support—and what that means for energy markets. Jul 18, 2025 · The signing of the One Big Beautiful Bill Act (OBBBA) into law on July 4 represented an enormous victory for President Donald Trump, and it has huge implications for the U.S.