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Midterms 2018: Election brings mixed results for energy interests

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Midterms 2018: Election brings mixed results for energy interests

Washington, D.C., Nov. 07 2018 — Reflecting a deeply divided political landscape, results were decidedly mixed on the wide range of oil, natural gas and power issues at play in the raucous and sharp-edged US midterm elections, which came to a head Tuesday.

Democrats regained control of the House of Representatives, Republicans held the Senate, and voters decided on new gasoline tax hikes, limits on drilling both onshore and offshore, power market structures and more.

In a key, high-impact ballot measure tussle, Colorado voters turned back a push to severely limit drilling for oil and gas in the state's burgeoning Denver-Julesburg Basin. Elsewhere, voters in California and Missouri rejected gasoline tax increases, while a carbon tax was defeated in Washington.