Energy is important.
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If last year’s budget is any indication, it’s safe to say Rep. Paul Ryan’s (R-Wis.) coming budget proposal for fiscal year 2015 will include a number of energy provisions.
It also helps that Rep. Tom Price (R-Ga.), vice chairman of the Budget Committee, told The Hill to expect energy goodies in the proposal.
Here’s what E2-Wire thinks you may want to keep an eye out for:
1. Keystone XL
Past budget proposals have never failed to include a legislative way forward for the controversial Keystone XL pipeline and there is no indication that the 2015 proposal would be any different. Republican’s are hopeful but wary that President Obama will make a decision on the $5.4 billion project by this summer. To be safe, the GOP may include a measure calling for a hard deadline for Obama to rule on the pipeline, which would carry crude oil from Alberta’s oil sands to Gulf refineries.