WASHINGTON, June 26 (Reuters) – U.S. gasoline prices could
rise by up to 26 cents a gallon by 2017 if the Environmental
Protection Agency does not lower the ambitious targets in a
federal biofuel use mandate, the Congressional Budget Office
said on Thursday.
The non-partisan CBO said meeting the targets, set at a time
when gasoline use was expected to rise, would be a significant
challenge in the years ahead.
WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday approved legislation that would set a deadline for Energy Department reviews of liquefied natural gas export applications, a move aimed at securing swifter approvals for shipping gas overseas.
The legislation, mostly backed by Republicans, would require the department to issue a decision 30 days after the Federal Energy Regulatory Commission has completed its environmental analysis of an LNG export project.
WASHINGTON, June 23 (Reuters) – Environmentalists on Monday
protested at the headquarters of the U.S. Federal Energy
Regulatory Commission, calling on the agency to stop approving
liquefied natural gas export facilities until the climate change
impacts of the projects are better understood.
The protesters blasted FERC’s refusal to consider the
greenhouse gas emissions that would result from the production,
processing and shipment of natural gas abroad and said FERC must
examine the matter before considering any new projects.
WASHINGTON, June 19 (Reuters) – U.S. regulators on Thursday
approved Sempra Energy’s bid to build a liquefied
natural gas export terminal in Louisiana, opening the door to a
significant expansion of the American role in global gas trade.
Sempra’s Cameron LNG facility was the second gas export
project to get the green light to begin construction from the
Federal Energy Regulatory Commission and the first since 2012,
when FERC permitted Cheniere’s Sabine Pass project.
WASHINGTON, May 29 (Reuters) – The Obama administration on
Thursday announced a major overhaul of its review process for
approving U.S. liquefied natural gas (LNG) exports, a move that
will give priority to companies with more commercial backing for
Under the proposal, the Department of Energy would no longer
issue conditional approvals of projects.
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.