WASHINGTON (AP) — Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule issued Friday by the Biden administration. The Interior Department's rule raises royalty rates for oil drilling by more than one-third, to 16.67%, in []
Oil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned wells, according to a final rule issued Friday by the Biden administration.
On a recent afternoon, sneakered tourists streamed out of the various hotels located along a quiet stretch of Jamaica, Queens. The Radisson, a Hampton Inn, a Residence Inn by Marriott, and erstwhile JFK Hilton, just a stone's throw from JFK Airport, represent the future of affordable housing in the city, as well as what is perhaps a missed opportunity. Months of interior demolition work is concluding at the 350-room Hilton property on 135th Avenue, just east of the Van Wyck Expressway. A...
Rendering of the interior garden planned for the former JFK Hilton, near the airport in Queens. It's being converted into affordable housing. The former JFK Hilton is being transformed into affordable housing; project admirers wish there were more projects like it. [ more › ]
(The Center Square) – Lawmakers at a hearing Thursday raised concerns about the impact of a recent Biden administration decision to freeze permits for certain new export sites for liquefied natural gas, a major energy export for the U.S. The White House announced the freeze in January, arguing that climate change concerns justify the decision and that the U.S. is already exporting enough natural gas for now. “Today, we have an evolving understanding of the market...
The Biden administration finalized a rule Wednesday that bans the use of natural gas in new federal buildings. The Department of Energy announced the final rule, Read More
The Interior Department released a new regulation Friday that will affect 13 million acres in Alaska, prohibiting drilling for oil on the land. The Management and Protection of the National Petroleum Reserve in Alaska rule will affect 40% of Alaska’s reserve, as 10.6 million acres will be completely protected by the Bureau of Land Management […]
HARLINGEN, Texas (ValleyCentral) — The Biden-Harris Administration has announced a new rule that will reduce the number of firearms sold without a background check. Background checks will now be required at gun shows and online venues. The final rule is an implementation of the Bipartisan Safer Communities Act, an initiative seeking to reduce gun crimes []
Yuval RosenbergApril 12, 2024A huge tax fight is looming as a slew of 2017 Republican tax cuts are scheduled to expire at the end of 2025 — and
The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness. The Education Department announced the latest round of cancellations Friday in an update on the progress of its SAVE Plan. More people are becoming eligible for student loan cancellation as they hit 10 years of payments, a new finish line for some loans that’s a decade sooner than what borrowers faced in the past. Casting a shadow over the...