The Energy Policy Modernization Act incorporates pieces of 114 different bills as well as addresses a few of the farm bill energy issues, exports of liquefied national gas (LNG) and some commodity trading issues related to energy.The Senate Energy and Commerce Committee passed The Energy Policy Modernization Act last week by a vote of 18-4. It incorporates pieces of 114 different bills that have been introduced under four titles: Efficiency, Supply, Accountability and Conservation Reauthorization. The legislation addresses a few of the farm bill energy issues, exports of liquefied national gas (LNG) and some commodity trading issues related to energy. Items of interest include:
Streamlining the LNG export permitting process by requiring...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...