国产精品久久久一区_日韩一区二区久久久_99精品在线免费视频_人妻少妇精品无码专区二区

The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
logo

The 17thBeijing International Natural Gas Technology & Equipment Exhibition

ufi

BEIJING, China

March 17-19,2027

LOCATION :Home > News> Industry News

Oil industry slashes lobbying spending amid downturn

Pubdate:2015-09-07 09:12 Source:yueyue Click:

NEW YORK (Bloomberg Politics) -- As Americans preparing for Labor Day weekend trips enjoy low gas prices, they might not fail to appreciate another effect of the plummeting price of oil.

It appears to be crimping the style of one of Washington's biggest political players.

The oil industry's influence has been legendary ever since Standard Oil was caricatured as an octopus in an early 20th century cartoon. And in its current incarnation, it has no shortage of demands for Washington: producers are pushing for permission sell more of their wares outside of the U.S.; for more territory to drill in the Arctic and offshore. They're also battling new regulations on fracking, methane, ozone and carbon emissions; and don't forget the Keystone XL pipeline.

Yet with oil prices plummeting, drillers have a lot less money to sink into lobbying.

Spending by exploration and production companies dropped 25% last quarter from a year earlier, according to an analysis by Jorge Uquillas, an analyst at Bloomberg Government. Oilfield services companies spent 20% less, integrated majors trimmed 4%, and refiners cut 5%.

The oil and gas industry as a whole spent $23.8 million in the second quarter, a 10% decrease, the disclosures data show.

The retreat is also evident in some lobbying groups' waning member rolls. The National Propane Gas Association and America's Natural Gas Alliance shrank 13% and 31%, respectively, according to archives of their websites.

"It was just simple belt-tightening," said Kelly Swan, a spokesman for WPX Energy Inc., an Oklahoma producer that dropped out of the natural gas group. "We've done a lot of belt-tightening over the past year."

While lower prices have members looking for ways to cut costs, America's Natural Gas Alliance is still aggressively pursuing its political priorities, Dan Whitten, a spokesman, said. Consolidation, not prices, accounts for the decrease at the propane association, according to spokesman Philip Squair.

Larger groups, like the American Petroleum Institute and American Fuel & Petrochemical Manufacturers, stayed steady or grew.

Oil dropped 51% in the past year, squeezing drilling companies that binged on debt when prices were higher and investors more enamored. Cash flow per share in a Bloomberg index of North American producers dropped 42% last quarter from a year earlier.

主站蜘蛛池模板: 欧美精品在线一区| 99久久精品免费看国产四区| 久久国产午夜精品理论片最新版本 | 欧美中文在线免费| 久久久久国产精品免费| 日韩视频―中文字幕| 日韩在线视频中文字幕| 精品国产一区二区在线| 欧美国产亚洲一区| 欧美一级视频一区二区| 欧美成人精品三级在线观看| 欧美一级成年大片在线观看| 日韩美女视频中文字幕| 久久视频精品在线| 国产精品av免费| 国产成人精品免费久久久久 | 91国内揄拍国内精品对白| 国产精品热视频| 亚洲午夜精品一区二区三区 | 伊人久久大香线蕉av一区V| 日韩有码在线播放| 欧美日韩精品综合| 久久国产精品网站| 久热国产精品视频| 日本最新一区二区三区视频观看 | 久久精品日韩精品| 日本一区二区三区在线视频| 中文字幕日韩精品无码内射| 国产精品美女免费看| 在线不卡视频一区二区| 国产精品久久亚洲7777| 日本久久久久久久久| 久久av喷吹av高潮av| 国产精品青草久久久久福利99| 日韩视频免费大全中文字幕| 国产精品欧美久久| 国产成人精品自拍| 精品国偷自产在线| 国产精品av一区| 日韩中文字幕在线观看| 国产熟人av一二三区|