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.
WASHINGTON, May 4 (Reuters) – The Obama administration
unveiled long-awaited rules on Friday to bolster oversight of
“fracking” on public lands, seeking to allay environmental
concerns over the technology that has spurred a boom in shale
gas drilling in the United States.
The Interior Department proposal would require companies to
obtain government approval to use hydraulic fracturing, or
fracking, in drilling for natural gas on federal lands.
WASHINGTON (Reuters) – The Obama administration wants to clamp down on shale gas drilling on public lands and set standards that proponents of tougher regulation hope will provide a blueprint for drilling oversight nationwide.
Industry sources said the Interior Department could propose a new rule on hydraulic fracturing, or fracking, as early as Friday.
WASHINGTON (Reuters) – The Energy Department on Wednesday announced a breakthrough in research into tapping a possibly vast fuel resource that could eventually bolster already massive natural gas reserves.
By injecting a mixture of carbon dioxide and nitrogen into a methane hydrate formation on Alaska’s North Slope, the department was able to produce a steady flow of natural gas in the first field test of this method. The test was done from mid-February to about mid-April this year
WASHINGTON, May 1 (Reuters) – U.S. exports of liquefied
natural gas will not dramatically raise natural gas prices or
hurt the U.S. industrial sector, a new study said, bolstering
the case for supporters of sending U.S. gas abroad.
The Brookings Institution’s study said selling some of the
U.S. shale gas bounty to foreign consumers would have a “modest”
upward impact on domestic prices.
WASHINGTON (Reuters) – The Sierra Club will try to use a 40-year-old legal settlement to scuttle plans by Dominion Resources Inc to convert a liquefied natural gas terminal in Maryland into a major export hub.
The environmental group, which opposes the export terminal as part of its wider fight against natural gas drilling from shale deposits, can weigh in on certain changes at the site of the proposed terminal under a 1972 legal agreement.
WASHINGTON, April 26 (Reuters) – The Sierra Club plans to
use a decades-old legal settlement in its attempts to scuttle
plans by Dominion Resources Inc to convert a liquefied
natural gas terminal in Maryland into a major export hub.
The location of the planned Cove Point terminal, just south
of Calvert Cliffs State Park, is subject to a unique legal
agreement between Dominion, the Sierra Club and the Maryland
Conservation Council, which allows the environmental group to
weigh in on certain changes at the site, it said Thursday.