New Standards for Tailings Storage; Biden vows to sidestep law on permitting.

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OIL WHY THE CUSHING STORAGE HUB MATTERS TO OILRussell Karas and Dan Brusstar, Open Markets, August 6, 2020 AT A GLANCE The crude oil hub in Oklahoma provides the physical delivery mechanism for the benchmark WTI futures contract As global economies reopen, oil stocks in Cushing have been drawn down to 51 million barrels in storage since the peak of … read more

NWP gets support from Murkowski. FERC decision on Alaska LNG import year end.

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News of the Day:        Murkowski Cosponsors Legislation to Provide  Needed Certainty for Project Developers U.S. Senator Lisa Murkowski, R-Alaska, this week cosponsored legislation introduced by Senator John Cornyn, R-Texas, to reaffirm the Army Corps of Engineers’ (Army Corps) Nationwide Permitting (NWP) program, including Nationwide Permit 12 (NWP-12). NWPs provide for expedited review of projects with minimal environmental impact but are … read more

Biden woos labor with job-killing policies? COVID game-changing test from mining!

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OIL Oil prices at five-month high on big drop in U.S. crude stocksOil & Gas 360, August 5, 2020 Oil prices rose to their highest since early March on Wednesday on a drop in U.S. crude inventories and the weak dollar, but mounting coronavirus infections weighed on the demand outlook.  U.S. crude inventories fell by 8.6 million barrels in the … read more