A sweeping Republican victory in Tuesday’s US midterm elections will likely bring some legislative priorities of the oil and natural gas industry to the House and Senate floors, such as approving the Keystone XL pipeline, rolling back air quality regulations for oil refineries and expanding drilling in both federal lands and waters. But while they expanded their majority in the House of Representatives and gained their first Senate majority since 2006, Republicans will still lack enough votes to overcome a Senate filibuster on a party-line basis and the two-thirds majority to override a veto from President Barack Obama, limiting the scope of possible energy policy movement. Perhaps the most profound impact of Tuesday night’s election results for the oil and gas industry will be the agenda set by likely Senate Majority Leader Mitch McConnell, who easily was reelected as Kentucky’s senior senator, and Senator […]