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Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.
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LONDON, May 1- The Williston Basin underneath North Dakota, Montana and South Dakota contains twice as much crude and three times more gas than previously thought, according to an updated assessment published by the U.S. Geological Survey on Tuesday.
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WASHINGTON, April 30- An oil-rich region of the north-central United States holds more than twice the recoverable crude supplies estimated just five years ago, according to a government study that highlights the nation's march toward energy self-sufficiency.
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The Bakken Formation and Three Forks Formation, which spans parts of Montana, North Dakota and South Dakota together hold an estimated 7.4 billion barrels of undiscovered, technically recoverable oil, the U.S. Geological Survey study said, although energy experts said those estimates likely understate the region's full potential.
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WASHINGTON, April 30- An oil-rich region of the north-central United States holds more than twice the recoverable crude supplies estimated just five years ago, according to a government study that highlights the nation's march toward energy self-sufficiency.
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WASHINGTON, April 30- Two energy-rich formations in Montana, North Dakota and South Dakota have much more crude oil and natural gas within reach of drilling operations than previously thought, according to a government study released on Tuesday.
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WASHINGTON, April 24- A day after announcing he will retire from Congress in 2014, Democrat Max Baucus said he will spend much of his remaining time as a senator stepping up his bid to revamp the complex U.S. tax code. said the Montana lawmaker in an interview with Reuters. "
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April 23- The operator of the U.S. Midwest power grid said Tuesday it expects to have enough power to serve homes and businesses this summer. In its summer assessment, the Midwest Independent Transmission System Operator, the grid operator, forecast it would have a 28.1 percent reserve margin, which is nearly double the grid's 14.2 percent requirement.
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Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.
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Sen. Max Baucus, (D-MT) has announced he will not run for re-election in 2014, reports CNBC's Eamon Javers.
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WASHINGTON, April 23- President Barack Obama's nominee to oversee Medicare and Medicaid won the backing of a key Senate panel on Tuesday, clearing the way for a vote by the full Senate that could make Marilyn Tavenner the programs' first official administrator since 2006..
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The proposed 830,000 barrel per day pipeline would link Canada's oil sands petroleum fields with U.S. Gulf Coast refineries and would also carry domestic oil from Montana and North Dakota.
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*Sebelius notes Congress turned down request for more funds. WASHINGTON, April 17- A Democratic senator who helped craft President Barack Obama's signature healthcare law gave the administration "a failing grade" on Wednesday for its efforts to educate the public and small employers about sweeping changes due to take effect in eight months.
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*Sebelius notes Congress turned down request for more funds. WASHINGTON, April 17- A Democratic senator who helped craft President Barack Obama's signature healthcare law gave the administration "a failing grade" on Wednesday for its efforts to educate the public and small employers about sweeping changes due to take effect in eight months.
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Nonetheless, alongside Wisconsin and New Hampshire, it registered a decrease from the year before. New York collected the second most taxes, $71.55 billion, followed by other states with large populations: Texas at $48.6 billion, Illinois at $36.44 billion, Florida at $33 billion and Pennsylvania at $32.95 billion.
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"The Department of Interior does not have reasonable assurance that it is collecting its share of revenue from oil and gas produced on federal lands, and continues to experience problems in hiring, training and retaining sufficient staff to provide oversight," according to the Government Accountability Office in a report sent to Congress.
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April 7- The average price of a gallon of regular gasoline in the United States fell 6 cents over the past two weeks, driven by lower crude oil prices, and is down nearly 15 cents in six weeks, according to a widely followed national survey released on Sunday.
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FCC Chairman Julius Genachowski will leave the commission in coming weeks and the letter to Obama, signed by 37 senators, calls Rosenworcel "a superb candidate" who is "equally respected" by the telecommunications industry, public safety community and public interest groups.
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*Passage of Senate plan shifts fiscal debate away from deadlines. WASHINGTON, March 23- The U.S. Senate on Saturday narrowly passed its first federal budget in four years, a move that will usher in a relative lull in Washington's fiscal wars until an anticipated summer showdown over raising the debt ceiling.
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WASHINGTON, March 22- The Senate easily passed on Friday a symbolic measure approving the Canada to Texas Keystone XL oil pipeline, a move backers said showed strong support for a bill that would give Congress power to green light the project later in the year.
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WASHINGTON, March 22- The U.S. Senate on Friday approved a mostly symbolic measure on Internet sales taxes and showed that legislation allowing states to tax businesses beyond their borders has strong bipartisan support in an often politically fractured Congress.