WASHINGTON (Reuters) – House Republicans will continue delving into the Obama administration’s creation of an emergency gasoline reserve in the Northeast, after a briefing by the Department of Energy failed to quell concerns about the stockpile, a committee aide said on Tuesday.
Senior members of the House Energy Committee asked for the briefing after the DOE earlier this year held the first test sale of crude from the Strategic Petroleum Reserve (SPR) since 1990, and later announced plans to create a million-barrel gasoline reserve in the Northeast.
WASHINGTON (Reuters) – The Obama administration is likely to partly backtrack on proposed steep cuts to renewable fuel targets for 2014 when it finalizes a rule due out in June, industry sources said.
Biofuel groups expect the Environmental Protection Agency to send the final proposed targets to the White House as soon as Friday.
WASHINGTON, May 15 (Reuters) – Dominion Resources’ bid
to export liquefied natural gas from the coast of Maryland
cleared a major hurdle on Thursday with a favorable
environmental review from federal regulators.
The Federal Energy Regulatory Commission’s review of
Dominion’s Cove Point found that the project would not have a
significant impact on the environment since it would be built in
the same area as the company’s existing import facility.
WASHINGTON, April 29 (Reuters) – U.S. producers of
cellulosic ethanol on Tuesday said the industry is poised for
rapid growth in 2014 after years of false starts, and that the
U.S. Environmental Protection Agency’s proposed usage target is
Lawmakers set ambitious goals for use of cellulosic biofuels
in the 2007 law establishing the Renewable Fuel Standard, which
requires increasing amounts of various types of biofuels to be
blended into the U.S. fuel supply.
WASHINGTON (Reuters) – The U.S. Environmental Protection Agency on Tuesday slashed its target for 2013 use of cellulosic biofuel to less than a million gallons, after the industry failed to meet goals for production of the fuel last year.
The agency lowered the mandate to 810,185 gallons in a new rule, well below the 6 million gallons it had required in the plan it finalized last August.
WASHINGTON (Reuters) – The U.S. Energy Department on Wednesday unveiled a plan for up to $4 billion in loan aid for renewable energy companies to help rejuvenate a program that faced harsh political attacks over past failures of federally subsidized projects.
The Obama administration’s draft plan would provide loan guarantees for innovative projects that limit or avoid greenhouse gas emissions.
WASHINGTON, April 16 (Reuters) – The U.S. Energy Department
on Wednesday unveiled a plan for up to $4 billion in loan aid
for renewable energy companies to help rejuvenate a program that
faced harsh political attacks over past failures of federally
The Obama administration’s draft plan would provide loan
guarantees for innovative projects that limit or avoid
greenhouse gas emissions.
WASHINGTON, April 14 (Reuters) – The U.S. Energy Department
on Monday renewed ConocoPhillips’ permit allowing the
company to export liquefied natural gas from Alaska to all
The approval was largely expected, as the U.S. government
has long allowed LNG exports from Alaska’s Kenai terminal,
issuing its first permit allowing the shipments in 1967.
WASHINGTON, April 7 (Reuters) – Federal judges on Monday
pressed the Obama administration to explain delays that have
plagued its implementation of the U.S. biofuel mandate, as the
government attempted to fend off an oil industry challenge to
renewable fuel use targets.
In a case before the U.S. Court of Appeals for Washington
D.C., the American Petroleum Institute and the American Fuel and
Petrochemical Manufacturers argued the 2013 biofuel use targets
should be thrown out because the administration acted
“arbitrarily and capriciously” when it issued the targets nearly
nine months after its legislative deadline.
WASHINGTON, April 4 (Reuters) – Republican lawmakers said on
Friday over regulation has prevented a shale oil boom in
California and if eased, could boost production in the state and
reduce its dependence on foreign energy.
With more than an estimated 15 billion barrels of oil,
according to the U.S. Energy Information Administration,
California’s Monterey shale formation is twice as large as North
Dakota’s Bakken formation. That state has risen to become the
second-largest U.S. oil producer in recent years, behind Texas.