WASHINGTON (Reuters) – Lax trade restrictions and high sugar prices should allow the United States to overtake Brazil in ethanol exports during the second half of 2011, the U.S. Energy Information Administration said on Wednesday.
During the first five months of 2011 U.S. ethanol exports more than doubled from the same period last year, the EIA said.
WASHINGTON (Reuters) – U.S. regulators sought public input on Wednesday about the need for increased oversight of the country’s natural gas pipelines, as part of a push to strengthen safety after several deadly accidents.
The U.S. Transportation Department asked for comments about whether certain regulatory exemptions for pipelines built before 1970 should be eliminated and whether rules regarding pipeline integrity should be expanded.
WASHINGTON, Aug 18 (Reuters) – The U.S. offshore drilling
regulator issued a final environmental review for a disputed
lease sale in Alaska’s Chukchi Sea on Thursday, reaffirming the
government’s decision to auction off the area for oil and gas
The expanded environmental review was conducted in response
to a court ruling last year asking the Bureau of Ocean Energy
Management to undertake additional analysis of the Arctic lease
sale that was held by the previous administration in 2008.
WASHINGTON (Reuters) – U.S. natural gas drillers should reveal all chemicals they use in the drilling technique called “fracking” used to tap deep shale reserves, a government panel said on Thursday, even though the risk of water pollution from the technique is “remote.”
The U.S. Energy Department’s natural gas advisory subcommittee urged regulators to require drillers to release more information about the impact of hydraulic fracturing, which is essential to tapping the nation’s plentiful shale gas reserves.
WASHINGTON/LONDON, Aug 9 (Reuters) – Global oil demand will
grow less than previously projected this year, according to
forecasts on Tuesday from the U.S. and OPEC, as a worsening
economic outlook curbs consumption in developed countries.
The cut by the U.S. Energy Information Administration and a
more pessimistic forecast by the Organization of the Petroleum
Exporting Countries were in line with reductions by other
forecasters such as investment bank Barclays Capital, as
slowing growth hits consumers and businesses.
WASHINGTON, Aug 4 (Reuters) – Royal Dutch Shell’s (RDSa.L: Quote, Profile, Research)
long-stymied Arctic drilling program inched ahead on Thursday,
as the U.S. offshore drilling regulator approved the company’s
oil exploration plan for Alaska’s Beaufort Sea.
Shell’s plan would allow the company to drill up to four
shallow water exploratory wells off Alaska’s northern coast
beginning in July 2012.
WASHINGTON (Reuters) – President Barack Obama on Friday formally unveiled standards that would dramatically increase U.S. fuel economy standards for cars and trucks by 2025.
The plan, which is the result of months of negotiations between the Obama administration and auto makers, would require motor company fleets to average 54.5 miles per gallon by 2025.
WASHINGTON/DETROIT (Reuters) – The Obama administration has reached a compromise with automakers on the target for significantly boosting fuel efficiency for cars and light-duty vehicles by 2025, ending months of negotiations on this pivotal mandate for the auto industry.
Automaker fleets will have to average 54.5 miles a gallon by 2025, according to sources familiar with the plan. President Barack Obama will officially announce the new guidelines on Friday, the White House said.
WASHINGTON (Reuters) – The House of Representatives on Tuesday approved legislation that would set a firm deadline for the Obama administration to decide the fate of a proposed $7 billion pipeline that would transport Canadian oil sands crude to the U.S. Gulf Coast.
The House voted 279-147 in favor of the bill that would force the State Department to approve or deny a permit for TransCanada’s planned Keystone XL pipeline by November 1.
WASHINGTON, July 22 (Reuters) – A U.S. team probing the
causes of last year’s massive BP oil spill has delayed the
release of its final report in order to more fully weigh the
evidence, investigators said on Friday.
The government’s findings on the spill that killed 11
workers and ravaged the Gulf coast last summer has been widely
anticipated by investors for clues on possible legal
ramifications BP (BP.L: Quote, Profile, Research, Stock Buzz) and its partners may face from the