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Tag: Energy

Daines Slams Biden Administration for New Proposed Rule That Would Increase Cost of Domestic Energy Production

July 21, 2023

Every Senate Democrat Paved the Way for the Rule to Take Place U.S. SENATE – U.S. Senator Steve Daines today released the following statement after the Biden administration announced a new proposed rule that would drastically increase the cost of oil and gas production on public lands. “Since Day One President Biden has sent a clear message to Montana energy producers: this administration is coming for you. From shutting down lease sales to begging our adversaries for oil to this new rule that will raise rates for Montana oil and gas producers, the Biden administration is proving that they would rather bow to

Major US power source facing extinction thanks to red tape, sparking calls for reform

May 18, 2023

Source: Fox News The nation’s top hydropower trade group and energy developers are raising the alarm on the burdensome regulatory process facing new and existing projects, warning a reliable source of electricity for millions is at risk. Hydropower — which supplies nearly 80,000 megawatts of the nation’s power, or 6.2% of total U.S. utility-scale electricity and 28.7% of total utility scale renewable electricity, according to federal data — remains a key part of the nation’s growing power grid, but stakeholders argue it faces regulatory hurdles far greater than those facing other carbon-free sources of electricity. “Our concern is that, without greater clarity on

Daines Calls on Biden to Unleash American Energy Immediately

October 20, 2022

U.S. SENATE – U.S. Senator Steve Daines today sent a letter to President Biden expressing deep concern over the depletion of the Strategic Petroleum Reserve (SPR) and urged him to support more domestic energy production. “The Strategic Petroleum Reserve is the world’s largest stockpile of emergency crude oil with the capacity to store 714 million barrels. The SPR has protected America from major supply disruptions and served as a vital windfall in the event of natural disasters and wars since its creation following the 1973 energy crises, but it was never intended to compensate for domestic policy shortcomings,” Daines wrote. “Manipulating energy reserves to bring gas

Daines Statement on President Biden’s Strategic Petroleum Reserve Plan

October 19, 2022

U.S. SENATE – U.S. Senator Steve Daines today issued the following statement on the Biden administration’s plan to release up to 15 million more barrels of crude oil from the Strategic Petroleum Reserve (SPR) instead of increasing domestic energy production.  “The Strategic Petroleum Reserve is meant to be used as a last resort in emergency situations, not a band-aid solution for Biden and the Democrats’ anti-Made in America energy policies on the eve of midterm elections. The Democrats should focus less on political cover-ups and more on addressing the long-term solutions of these inflated prices at the pump,” Daines said. Senator Daines serves on the Senate Energy and Natural Resources

Daines Statement on Biden’s Decision to Ease Venezuela Sanctions for Oil Imports

October 5, 2022

U.S. SENATE – U.S. Senator Steve Daines today released a statement on President Biden’s decisionto ease Venezuela sanctions for oil imports instead of taking steps to increase domestic oil production. “Biden has learned nothing. We need to unleash American energy development–NOT rely on dictators in adversarial countries like Venezuela for oil,” Daines said. In March 2022, Daines introduced a bill to prohibit the United States from importing Iranian and Venezuelan crude oil, petroleum, petroleum products, and liquefied natural gas.  Contact: Rachel Dumke,  Blake Kernen

RECAP: Daines’ Bipartisan Senate Trip to Poland, Germany to Discuss Russian Invasion of Ukraine

March 21, 2022

U.S. SENATE — Following Daines’ bipartisan Senate delegation trip to Poland and Germany where he met with U.S. military leaders, NATO forces and NGOs to discuss Russia’s war of aggression against Ukraine, he issued the following statement:  “There is good and evil in this world, and we saw that firsthand with Putin’s war of aggression against the people of Ukraine. Meeting with U.S. military leaders, NATO forces and NGOs in Poland and Germany allowed us to gain greater insight into Russia’s invasion, including the terrible humanitarian crisis that it’s created and the importance of having a strong military and energy security,” Daines said. “In Berlin,

Senate Democrats Block Daines’ Bill to Increase Traditional & Renewable American Energy Production

March 3, 2022

U.S. SENATE – U.S. Senator Steve Daines today doubled down on his push to support Made in America energy. Daines slammed Senate Democrats after they blocked his bill that would increase traditional and renewable American energy production and help America’s partners and allies be less dependent on Russia.  Daines’ bill would require the Biden administration to restart oil and gas leases on federal lands which were banned last year. Daines’ bill would also kickstart renewable energy development on federal lands and waters. To watch Daines’ remarks, click HERE. “All in one year, President Biden killed the Keystone XL pipeline, banned new oil

Daines Introduces Bipartisan Bill to Support Montana Energy Manufacturing Jobs

March 4, 2021

U.S. SENATE – U.S. Senator Steve Daines introduced the bipartisan “American Jobs in Energy Manufacturing Act” that would incentivize American manufacturing facilities to expand to energy producing communities that have suffered from economic turndown. “This bipartisan bill will support Montana jobs and increase investment in coal and other energy producing communities in Montana. We must protect and grow Made in Montana and Made in America energy,” Daines said. Read the full text HERE. This bill will revive the Section 48C Advanced Energy Manufacturing Tax Credit by investing $8 billion in American manufacturing. $4 billion of the $8 billion will be set aside for communities where coal mines

Daines Requests Meeting with President Biden Over Anti-Energy Executive Actions

January 28, 2021

U.S. SENATE— U.S. Senator Steve Daines today requested a meeting with President Joe Biden to discuss the crippling actions he has taken against Montana energy jobs, Montana families, and the Montana way of life. Daines was joined by over 20 western senators in the request to Biden. “At your inauguration, you pledged to represent all Americans. That includes those who live in our states. The best path for true unity is to work together to find solutions for them and for our environment.  We stand ready to work with you and your nominees to meet the challenges our country faces, including working for a

Following Daines’ Work, Tax Incentive Regulations for Carbon Capture, Utilization, and Storage Finalized

January 11, 2021

U.S. SENATE—U.S. Senator Steve Daines announced that the U.S. Treasury Department and Internal Revenue Service (IRS) have issued their final regulations in regards to the 45Q tax credit, which will incentivize the use of carbon capture, utilization, and storage (CCUS) technologies as well as create jobs for Montanans.   “These final regulations will help give stakeholders needed certainty to develop and implement CCUS technologies. The 45Q tax credit provides a powerful financial incentive for responsible, innovative, economic, made-in-Montana energy,” Daines said. “I am glad that after years of work, Montana’s energy sector will have true access to this critical incentive for innovative solutions