WASHINGTON (Reuters) – Backers of liquefied natural gas will launch the first major campaign on Monday to press lawmakers to allow the sale of more U.S. gas abroad, as the industry push for exports intensifies.
The effort by the Center for Liquefied Natural Gas will include a new web site and outreach aimed at policymakers and the public, making the case that selling the nation’s surplus natural gas to foreign countries will yield significant economic benefits and not drastically raise prices.
WASHINGTON, Oct 21 (Reuters) – Backers of liquefied natural
gas will launch the first major campaign on Monday to press
lawmakers to allow the sale of more U.S. gas abroad, as the
industry push for exports intensifies.
The effort by the Center for Liquefied Natural Gas will
include a new web site and outreach aimed at policymakers and
the public, making the case that selling the nation’s surplus
natural gas to foreign countries will yield significant economic
benefits and not drastically raise prices.
WASHINGTON (Reuters) – After a hot spring and a scorching summer, this winter is likely to continue a U.S. warming trend that could make 2012 the hottest year since modern record-keeping began, U.S. weather experts said Thursday.
Drought that ravaged much of the United States this year may spread in the coming months, said Mike Halpert at the National Oceanic and Atmospheric Administration’s Climate Prediction Center.
WASHINGTON, Oct 18 (Reuters) – The Interior Department said
Thursday it plans to offer up 4.5 million acres of Arctic land
for oil and gas production next month, as the Obama
administration’s energy policies face more scrutiny ahead of the
The Nov. 7 lease sale, a day after the presidential
election, will include 400 tracts in the National Petroleum
Reserve-Alaska, an area set aside by the government for oil and
Oct 16 (Reuters) – A123 Systems, which had received
a $249 million grant from the U.S. government, filed for Chapter
11 bankruptcy protection on Tuesday, giving Republicans fresh
ammunition to attack the Obama administration’s subsidies for
The filing came after the lithium-ion battery maker’s $465
million rescue deal with Chinese auto parts supplier Wanxiang
Group collapsed, hobbled by “unanticipated and significant
challenges,” A123 said on its website.
WASHINGTON (Reuters) – Congressman Edward Markey has asked the Commerce Department for more details about companies applying to ship U.S. crude oil out of the country, after Royal Dutch Shell (RDSa.L: Quote, Profile, Research, Stock Buzz) confirmed last week it is seeking permission to export oil.
A rapid rise in U.S. oil and gas production from unconventional shale sources has led to questions about whether the United States should keep its newfound energy bounty to itself, or allow for more exports.
WASHINGTON, Oct 10 (Reuters) – U.S. Republican lawmakers on
Wednesday pressed the Obama administration for more information
about its decision to back, and then stop funding, a
now-bankrupt solar company, with a report now saying the company
may have been selling a faulty product.
The request from leaders of the Republican-led House Energy
and Commerce committee marked the latest probe of the
administration’s energy loan program, which has become a
lightning rod for critics after the high profile failure of
solar panel maker Solyndra.
WASHINGTON, Oct 9 (Reuters) – U.S. regulators are having a
tough time keeping pace with rapidly expanding shale oil and gas
development, according to a report from a government watchdog
released on Tuesday.
Legal limitations and a lack of key data have hampered the
Environmental Protection Agency’s oversight of shale production,
said the report from the Government Accountability Office,
Congress’ non-partisan investigative arm.
WASHINGTON (Reuters) – The U.S. federal budget fight might prevent a timely study of the country’s new energy bonanza, a senior official said, and stands in the way of data that could help ease volatility that is costly to energy companies and traders alike.
New production of shale gas in Pennsylvania and petroleum in the Dakotas is already shaping policy, but the country’s energy study agency is not collecting timely and thorough data from those reserves.
WASHINGTON (Reuters) – A year after the U.S. government raced to meet a deadline to finish loan agreements with dozens of clean energy companies, less than half the total money promised has been handed over.
Technical questions and companies’ own failures in hitting contractual milestones are behind some of the holdups.