Sen. John Hoeven, along with Representatives Lizzie Fletcher and Michael Burgess, announced Tuesday, April 7, that they are introducing bipartisan, bicameral legislation in the U.S. Senate and the U.S. House of Representatives respectively to provide $3 billion in funding to purchase crude oil produced in the United States for the Strategic Petroleum Reserve (SPR). The legislation aligns with the request made by President Donald J. Trump and Energy Secretary Dan Brouillette to fill the SPR. The ...
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by Thomson Reuters WASHINGTON (Reuters) - A bipartisan group of U.S. lawmakers introduced a bill on Tuesday providing $3 billion to buy oil for the national emergency reserve as a way to help energy companies hit by the plunge in crude prices. The bill, which would have to be passed in the Senate and the House of Representatives and signed by President Donald Trump, was introduced by Senator John Hoeven and Representative Michael Burgess, both Republicans, and Representative Lizzie Fletcher, a D...
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HOUSTON, Texas - U.S. Sens. Ted Cruz (R-Texas) and John Hoeven (R-N.D.), along with Reps. Lizzie Fletcher (D-Texas) and Michael Burgess (R-Texas), and House and Senate colleagues today announced they are introducing bipartisan, bicameral legislation to provide $3 billion in funding to purchase crude oil produced in the United States for the Strategic Petroleum Reserve (SPR). The legislation aligns with the request made by President Trump and Energy Secretary Dan Brouillette to fill the SPR. Sens...
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by Paul Cobler WASHINGTON — A bipartisan group of lawmakers from Texas called Tuesday for a $3 billion federal purchase of oil to replenish the nation’s strategic reserve and prop up an energy sector rattled by a price war and global drop in demand during the coronavirus outbreak. “Without swift action, the coronavirus could have a devastating impact on Texas’ energy producers and their workforce,” Sen. John Cornyn said. “This legislation would help support small to midsize producers and Texas w...
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April 6, 2020 Dear Friends, I spoke with the Federal Communications Commission (FCC) Commissioner, Brendan Carr. I appreciate the time he tookto provide me with more information about how doctors can better use the $200 million provided in the CARES Act for telehealth to treat patients during this crisis. Also,he assured me that the FCC is still working to continue the rollout of 5G network infrastructure. National Update: The U.S. Department of Labor published an Unemployment Insurance Guidanc...
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April 5, 2020 Dear Friends, Yesterday, FoxBusiness.com released an op-ed I authored about the affects this Coronavirus is having on the American Oil Industry.This coronavirus will not drastically alter the world’s growing need for energy in the medium and long-term. President Trump is right to request the Strategic Petroleum Reserve be filled while prices are low and this should be considered in any future coronavirus response legislation. This purchase could increase America’s energy security ...
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by Michael Burgess Published in Fox Business Over the past few months, America has fallen under siege. While our lives are threatened by a global pandemic and our markets are being burdened by social distancing, foreign nations have started an assault on America’s oil and gas industry. As a senior member of the Energy and Commerce Committee, I believe that the American energy sector will not only overcome this challenge but will dominate the future energy market. Since January 2020, global oil p...
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April 3, 2020 Dear Friends, Today, small business owners can apply for a loan, with the lender of their CHOICE, through the Paycheck Protection Program (PPP). Yesterday, I held a conference call with the Republican Leader of the House Committee on Small Business, Steve Chabot (R-OH) to provide answers to North Texassmall businesses about PPP. Congress authorizedPPP to provide $350 billion in 100 percentfederally guaranteed loans for8 weeks of assistance to small businesses and 501(c)(3) nonprof...
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by Dr. Michael Burgess Published in RealClear Health Now more than ever before, health care is on the minds of all Americans. And now more than ever before, market-based reform for health care is more achievable – and it is because of the policies that have been put into place by the Trump Administration. Just after the 2018 election, President Trump announced his desire to be known as the health care president. While it seems counterintuitive for a Republican administration to lead on health po...
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