Energy policy on the Hill this week again revolves around the Gulf spill. Congress, it seems, may now be coalescing around efforts to raise the oil spill liability cap. That debate appears to hinge on whether to raise the cap for the entire oil and gas industry and apply the new cap retroactively to BP (an idea favored by many Democrats) or raise the cap retroactively only for BP (an idea floated by House Minority Leader John Boehner (R-OH) this weekend). At any rate, there seems to be broad agreement that a new cap will be applied retroactively to BP.
The President will address the nation this Wednesday on the continuing efforts in the Gulf, and the Senate and House will continue to hold hearings this week on the oil and gas industry, oversight of the industry, and the health and environmental impacts of the oil spill. On Tuesday, there will be an oversight hearing in the House Committee on Energy and Commerce and a hearing on estimating oil spill volume in the House Committee on Natural Resources. Those two committees will round out the week on Thursday with hearings in the House Committee on Energy and Commerce, examining BP’s role in the spill, and in House Committee on Natural Resources on the role of the Mineral Management Service. Also this week, the Senate Committee on Health, Education, Labor and Pensions will have a hearing on the health effects of the spill.
The House Committee on Energy and Commerce will also have a hearing on Wednesday to mark up a clean energy bill introduced by Representatives Masui (D-CA) and Rush (D-IL) to help promote the development of American-made clean energy technology. The House Committee on Energy and Commerce will also hold a mark up of energy bills, examining legislation that aims to install 10 million solar energy water heaters over ten years and legislation that would allow the federal government to enter into power purchase agreements with local utilities, hopefully speeding the adoption of alternative energy.
Tuesday, June 15
The House Committee on Energy and Commerce will hold a 9:30 a.m. hearing in Room 2123 of the Rayburn House Office Building on “Drilling Down on America’s Energy Future: Safety, Security, and Clean Energy.” Scheduled to testify are Rex Tillerson, Chairman and CEO, ExxonMobil; John Watson, Chairman and CEO, Chevron Corporation; James Mulva, Chairman and CEO, ConocoPhillips; Lamar McKay, President and Chairman, BP America; and Marvin Odum, President, Shell Oil Company. The House Committee on Natural Resources will also hold a hearing that morning entitled “Ocean Science and Data Limits in a Time of Crisis: Do NOAA and the Fish and Wildlife Service (FWS) have the Resources to Respond?“ The 10 a.m. hearing will take place in Room 1324 of the Longworth House Office Building.
In the Senate, the Committee on Energy and Natural Resources will hold a hearing on current energy bills at 2:30 p.m. in Room 366 of the Dirksen Senate Office Building. Also at that time, the Senate Committee on Health, Education, Labor and Pensions will hold a hearing entitled “Evaluating the Health Impacts of the Gulf of Mexico Oil Spill” in Room 430 of the Dirksen Senate Office Building.
Wednesday, June 16
The House Committee on Energy and Commerce will conduct a 10 a.m. hearing on clean tech manufacturing bills in Room 2322 of the Rayburn House Office Building. The House Committee on Energy and Commerce will hold a 2:30 p.m. hearing on HHS Actions to Identify and Address Health Effects of the BP Oil Spill in Room 2123 of the Rayburn House Office Building. Then at 3 p.m., the Senate Committee on Homeland Security will hold a hearing entitled “The Gulf of Mexico Oil Spill: Ensuring a Financially Responsible Recovery” in Room 342 of the Dirksen Senate Office Building.
Thursday, June 17
In the House, the Committee on Energy and Commerce will hold a hearing on BP’s role in the spill at 10 a.m. in Room 2123 of the Rayburn House Office Building. Also at 10 a.m., the House Committee on Natural Resources will conduct a hearing in Room 1324 of the Longworth House Office Building entitled “The Deepwater Horizon Incident: Are The Minerals Management Service Regulations Doing The Job?“
For further information about this topic, please contact Akin Gump.
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