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Mar 21, 2013

Senate panel votes to advance Interior secretary nominee

WASHINGTON (Reuters) – A Senate committee on Thursday approved Sally Jewell’s nomination to lead the Interior Department, after the Obama administration struck a last-minute deal with a Republican senator over the construction of an emergency road for a remote town in Alaska.

With a vote of 19 to 3 in favor, Jewell’s nomination will now move on for consideration by the full Senate.

Mar 21, 2013

U.S. lawmakers say ethanol mandate may hike gasoline price

WASHINGTON, March 20 (Reuters) – Two senior Republican
senators on Wednesday joined the oil industry in warning that
the U.S. ethanol mandate could push up gasoline prices for
consumers ahead of the summer driving season.

The ethanol mandate requires increasing volumes of biofuels
to be blended into the U.S. fuel supply each year through 2022.
Refiners buy credits, or RINs, from producers of renewable fuels
to comply with the federal targets.

Mar 20, 2013

Republicans warn ethanol mandate could drive surge in gasoline

WASHINGTON (Reuters) – Two senior Republican senators on Wednesday joined the oil industry in warning the ethanol mandate could push up gasoline prices for consumers ahead of the summer driving season.

The ethanol mandate requires increasing volumes of biofuels to be blended into the fuel supply each year through 2022. Refiners buy credits, or RINs, from producers of renewable fuels to comply with the federal targets.

Mar 20, 2013

US Republicans ask EPA to rein in ethanol credit prices

WASHINGTON, March 20 (Reuters) – Two Republican senators on
Wednesday called on the U.S. Environmental Protection Agency to
act “decisively” to protect consumers from the rising cost of
ethanol credits refiners are required to buy to comply with the
nation’s biofuel mandates.

The cost of ethanol credits, or RINs, have surged in recent
weeks as concerns mount about ethanol supply shortages and the
looming risk of hitting a “blend wall” that will make it hard
for refiners to meet their biofuel blending obligations.

Mar 19, 2013

Republicans press US energy department on natgas exports

WASHINGTON, March 19 (Reuters) – The U.S. Energy Department
said on Tuesday it is wading through nearly 200,000 comments
received in response to a report on the impact of natural gas
exports, as Republicans pushed for the government to move
“expeditiously” to consider the many pending export
applications.

Released in December, the department-sponsored report gave a
resounding endorsement of the economic benefits of exporting
liquefied natural gas, saying the more exports, the better.

Mar 19, 2013

U.S. Energy Dept still reviewing comments on natural gas exports

WASHINGTON, March 19 (Reuters) – The U.S. Energy Department
will tell lawmakers on Tuesday that it is wading through nearly
200,000 comments it received in response to a report on the
impact of natural gas exports, as the debate over sending more
U.S. gas abroad continues.

Released in December, the department-sponsored report gave a
resounding endorsement of the economic benefits of exporting
liquefied natural gas, saying the more exports, the better.

Mar 18, 2013

Republican puts hold on EPA nominee; hearing set for Moniz

WASHINGTON (Reuters) – A Republican senator from Missouri on Monday said he will place a hold on President Barack Obama’s nominee to head up the Environmental Protection Agency until it moves forward with a project to repair a levee on the Mississippi River.

At the same time Senator Roy Blunt announced his move on the Gina McCarthy nomination as EPA administrator, a Senate energy committee hearing said it would consider nuclear physicist Ernest Moniz’s nomination to head the U.S. Energy Department.

Mar 15, 2013

Obama turns focus to research in first energy speech of second term

WASHINGTON (Reuters) – President Barack Obama will try to turn the page on bitterly partisan fights over energy policy on Friday, focusing his first energy speech of his second term on proposing a modest new fund to support research.

Obama will tour the Argonne National Laboratory outside of Chicago, which is known for its groundbreaking research into advanced batteries used in electric cars, and will talk about the need to find more ways to wean cars and trucks off oil, White House officials said.

Mar 14, 2013

US Interior Dept report says Shell needs integrated Arctic plan

WASHINGTON, March 14 (Reuters) – The U.S. Interior
Department said Royal Dutch Shell must submit an
in-depth plan before the company is allowed to drill in the
Arctic again, as the government slammed what it termed the
company’s inadequate preparation for its troubled 2012 drilling
season.

Shell has already said it is “pausing” plans to drill in the
Arctic again this year after facing numerous setbacks in 2012,
when the company undertook preliminary drilling activities.

Mar 11, 2013

Senator asks for data on sharp gasoline price rise

WASHINGTON (Reuters) – The head of the Senate Energy Committee on Monday asked the federal government’s energy statistics arm to provide data explaining the recent spike in gasoline prices, which has taken place despite huge increases domestic oil production.

Senator Ron Wyden, a Democrat from Oregon, asked the Energy Information Administration for details about the rapid climb in gasoline costs as he prepares to hold a hearing on the subject at an unspecified date this spring.

    • About Ayesha

      "A Howard University graduate, I began my career at Reuters as an intern covering hotels and airlines in New York. I now work in Washington D.C. covering energy policy and regulations."
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