WASHINGTON (Reuters) – The United States should be open to exporting domestically produced crude oil, the head of the Energy Information Administration said on Wednesday, arguing that such exports could actually benefit the U.S. economy.
Adam Sieminski, the former Deutsche Bank economist who was sworn in as EIA administrator earlier this month, said selling U.S. oil abroad could help provide a market for light sweet crude produced from shale formations in places like North Dakota, since the Gulf coast refining hub is more suited to process heavier crudes.
WASHINGTON (Reuters) – In a bitterly divided U.S. political environment, there’s at least one thing Republicans and Democrats can agree on: Avoid a public showdown on natural gas exports, arguably the most important energy policy decision in recent memory.
While fluctuating gasoline prices, the Keystone pipeline and the fight over fracking steal headlines, the question of how much of the newfound U.S. shale gas bounty should be shared with the rest of the world goes largely without comment or coverage — despite holding far wider and longer-lasting consequences.
WASHINGTON (Reuters) – An appeals court on Tuesday upheld the first-ever U.S. proposed regulations governing heat-trapping greenhouse gases, handing a setback to major industries like coal-burning utilities and a victory to the Obama administration and environmental groups.
The U.S. Court of Appeals for the District of Columbia unanimously ruled that the EPA’s finding that carbon dioxide is a public danger and the decision to set limits for emissions from cars and light trucks were “neither arbitrary nor capricious.”
WASHINGTON (Reuters) – The Obama administration is extending by 60 days the deadline for the public to comment on a proposal expanding oversight of fracking drilling on federal lands, as both industry and environmental groups seek changes.
The Interior Department unveiled draft regulations in early May that would require companies to get approval before using fracking and to reveal the chemicals they would use in the process after they finish drilling.
WASHINGTON (Reuters) – U.S. Democrats in the House of Representatives urged the Obama administration on Wednesday to expand proposed regulations for fracking for natural gas, saying companies should be required to reveal the chemicals to be used in the process prior to drilling.
Calling the Interior Department’s draft rules for fracking on federal lands “a good first step,” a group of 38 lawmakers called for disclosure of chemicals before and after drilling takes place.
WASHINGTON (Reuters) – The fracking drilling technique used to tap shale oil and gas is unlikely to trigger earthquakes, but underground injection of waste water from drilling offers more risks for seismic activity, a new U.S. study said on Friday.
The National Research Council study, which also examined the risk of earthquakes associated with tapping geothermal energy and carbon capture and storage, found that the total balance of fluid injected or removed underground was the biggest factor in causing earthquakes related to energy development.
WASHINGTON, May 31 (Reuters) – U.S. President Barack Obama
must crack down on energy exports from the United States to
protect consumers and manufacturers from price spikes, two
influential Democrats said on Th ursday.
Obama needs to use his authority to limit exports of natural
gas, as well as coal and petroleum products, and lay out a
framework for assessing whether such exports are in the national
interest, Congressman Edward Markey and Senator Ron Wyden said
in a letter to the president.
WASHINGTON (Reuters) – Frustrated by the gridlock that has stalled Congress leading into the 2012 presidential elections in November, the top Republican on the Senate Energy Committee is drafting what she hopes is a fresh look at the big-picture energy policy.
Details are still under wraps, but Senator Lisa Murkowski plans to unveil this summer a long-term vision with affordable energy at its core, a plan she has been working on with her staff for the past eight months.
WASHINGTON, May 14 (Reuters) – The Obama administration is
not opposed to exporting liquefied natural gas but will depend
on an official analysis to guide its decision on whether to
allow more gas export projects to proceed, a White House
official said on Monday.
The Energy Department, which must approve gas exports to all
but about a dozen countries, has said it will hold off on
allowing any more exports until a study it commissioned on the
economic impact of sending gas abroad is completed later this
WASHINGTON (Reuters) – Anadarko Petroleum Corp’s plan to develop a huge natural gas field in Utah is expected to get the go-ahead from the Obama administration during a visit to the state on Tuesday by Interior Secretary Ken Salazar.
The department’s approval will allow Anadarko to move ahead with its proposal to drill about 3,700 new wells over 10 years in an existing field in Utah’s Uinta Basin.