Legislative Updates – Pray for America's Leaders

Legislative Updates

District of Columbia | July 8, 2021

Oil Reaches Highest Price in Six Years Amid Low Supply, Output

District of Columbia | July 8, 2021

Oil prices climbed to a six-year high Tuesday as the Organization of the Petroleum Exporting Countries (OPEC) and Russia continue to tamp down on global output, The Wall Street Journal reported.

An OPEC meeting was called off Monday, the WSJ reported. It was the group’s third attempt to discuss surging prices and an increase in oil consumption amid an opening global economy.

July 4th gas prices were among the highest in almost seven years at a national average of $3 a gallon, the WSJ reported. The price and demand increase is causing concern among executives and OPEC leaders that higher prices could impact the economic recovery from the pandemic and ramp up inflation.

During the pandemic, OPEC agreed to keep crude oil in the ground to limit supply, the WSJ reported. The United Arab Emirates backed out of the meeting Monday because it didn’t want to agree to a Saudi-backed deal to boost output. 

Oil jumps as OPEC+ fail to reach agreement https://t.co/LXkCDRZO5t pic.twitter.com/KU4x8c16xs

(Excerpts from the Tennessee Star)

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District of Columbia | July 5, 2021

Keystone XL Pipeline Developer Seeks $15 Billion in Damages From US

District of Columbia | July 5, 2021

Energy company TC Energy has said it is seeking $15 billion in damages from the United States government over President Joe Biden’s decision to cancel the Keystone XL pipeline project. In a statement on Friday, the Canada-based company said it had filed a notice of intent with the State Department to begin a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada agreement. The company said it aims to “recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit,” adding that it suffered a loss of more than $15 billion “as a result of the U.S. Government’s breach of its NAFTA obligations.”

(Excerpts from Epoch Times)

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District of Columbia | June 17, 2021

Federal Judge Orders Biden Administration to Halt Oil and Gas Leasing Ban

District of Columbia | June 17, 2021

A federal judge ordered the federal government to halt its ban on new oil and gas leases in a major setback for President Joe Biden’s administration.

Judge Terry Doughty, of the U.S. District Court for the Western District of Louisiana, granted a preliminary injunction that had been requested by a large coalition of Republican state attorneys general in an order released Tuesday evening. The Department of Interior is prohibited from enforcing the oil and gas leasing ban until the case is concluded, according to the order.

“This is a victory not only for the rule of law, but also for the thousands of workers who produce affordable energy for Americans,” Louisiana Attorney General Jeff Landry said in a statement shared with the Daily Caller News Foundation. “We appreciate that federal courts have recognized President Biden is completely outside his authority in his attempt to shut down oil and gas leases on federal lands.”

On Jan. 27, President Joe Biden signed the executive order banning new oil and gas leases on federal lands. The order was part of a series of executive actions that Biden signed shortly after taking office and were aimed at tackling climate change…

(Excerpt from the Virginia Star and Daily Caller)

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District of Columbia, International | June 8, 2021

Ukraine’s President Says Biden Handed Putin a ‘Weapon’ By Caving On Pipeline

District of Columbia, International | June 8, 2021

Ukraine’s president accused the Biden administration of handing a “weapon” to the Kremlin by allowing the completion of the Nord Stream 2 pipeline, which Russian president Vladimir Putin hopes to use to build influence in Europe.

“This is a weapon, a real weapon … in the hands of the Russian Federation,” Volodymyr Zelensky said in an interview with Axios that aired Sunday. “It is not very understandable … that the bullets to this weapon can possibly be provided by such a great country as the United States.”

Zelensky told Axios that he learned through press reports last month that Biden had decided to waive sanctions against European companies helping build the pipeline. He said that Biden had previously given him indications that he would not allow the completion of the pipeline, which will transport gas directly from Russia to Germany.

U.S. and Ukrainian officials are concerned that Nord Stream 2, which is owned by Russian gas giant Gazprom, will give Putin more leverage over Ukraine and other Eastern European countries that the pipeline bypasses. Biden’s decision conflicts with his past claims to adamantly support Ukraine and oppose Putin. As vice president, Biden served as the Obama administration’s chief liaison to Ukraine following the ouster of Viktor Yanukovych, its pro-Russia leader…

(Excerpts from the Washington Free Beacon)

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District of Columbia | May 19, 2021

Report: Ransonware Gang Behind Colonial Pipeline Hack Pocketed $90 Million in Bitcoin

District of Columbia | May 19, 2021

According to a recent report, the hackers behind the shutdown of the Colonial Pipeline, which caused a gas shortage along the East Coast, received $90 million in bitcoin ransom payments from 47 victims over the past nine months.

CNBC reports that DarkSide, the hacker group behind the recent Colonial Pipeline ransomware attack, received a total of $90 million in Bitcoin ransom payments from 47 victims over the past nine months.

Brett Callow, a threat analyst at antivirus company Emsisoft, commented on the Colonial Pipeline attack and the decision to pay the ransom, stating: “I can’t say I’m surprised, but it’s certainly disappointing. Unfortunately, it’ll help keep United States critical infrastructure providers in the crosshairs. If a sector proves to be profitable, they’ll keep on hitting it.”..

(Excerpts from BreitBart)

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Alabama, District of Columbia, Florida, Georgia, Kentucky, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia | May 14, 2021

Running on Fumes: Gas Station Outages Soar as Crisis Spreads

Alabama, District of Columbia, Florida, Georgia, Kentucky, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia | May 14, 2021

Gas stations across the South Eastern U.S. are have run out of gasoline, according to data from GasBuddy.com.

Sixty-five percent of gas stations in North Carolina are out of gasoline, the data show, making it the hardest-hit state.

Here are the current outages reported by GasBuddy, as of 12:37 Eastern time.

  • Georgia – 42%
  • Alabama – 6%
  • Tennessee – 14%
  • South Carolina – 42%
  • North Carolina – 65%
  • Florida – 10%
  • Virginia – 42%
  • Maryland – 9%
  • Mississippi – 5%
  • West Virginia – 4%
  • Kentucky – 2%
  • Washington, D.C. – 8%

(Excerpts from BreitBart)

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