WASHINGTON, Aug 13 (Reuters) – A major U.S. oil and gas
trade group asked the Obama administration on Tuesday to ease
the federal biofuel mandate in 2014, citing the potential for
serious economic harm if ethanol targets exceed 10 percent of
The American Petroleum Institute’s waiver request calls on
the Environmental Protection Agency to lower the overall ethanol
targets next year to prevent a collision with the so-called
WASHINGTON, Aug 7 (Reuters) – The Obama administration on
Wednesday approved natural gas exports from a third U.S.
facility as the government works through a long backlog of
projects seeking permission to send gas abroad.
The export terminal in Lake Charles, Louisiana, secured a
conditional license from the Department of Energy to ship
liquefied natural gas to all countries. The terminal is backed
by BG Group Plc and Energy Transfer Partners LP’s
Southern Union Co.
WASHINGTON (Reuters) – The Obama administration has overturned a U.S. trade panel’s ban on the sale of some older iPhones and iPads, reversing a ruling that had favored Samsung Electronics Co Ltd over Apple Inc in their long-running patent battles.
The U.S. International Trade Commission in June banned the import or sale of the iPhone 4, iPhone 3GS, iPad 3G and iPad 2 3G distributed by AT&T Inc, saying the devices infringed a patent owned by the South Korean electronics giant.
WASHINGTON, Aug 2 (Reuters) – The top lawmakers on the
Senate energy committee asked the U.S. Department of Energy on
Friday to clarify its authority to revoke permits for U.S.
natural gas exports.
The Energy Department – which is balancing calls to speed up
export approvals with other concerns that unlimited exports
could raise U.S. energy costs – has said federal law would allow
it to withdraw or modify, under certain conditions, any permits
to export liquefied natural gas.
WASHINGTON, July 23 (Reuters) – The U.S. biofuel system
“cannot stand” in its current form, the Republican head of the
House Energy and Commerce committee said on Tuesday as lawmakers
- largely divided between oil states and rural states – seek
common ground on the renewable fuel program.
The committee has published a series of papers on the
Renewable Fuel Standard (RFS) since March, part of a bipartisan
review of a mandate that requires increasing amounts of biofuels
- chiefly, corn-derived ethanol – to be blended into U.S.
gasoline and diesel supplies.
WASHINGTON (Reuters) – The Obama administration is considering whether an emergency stockpile of gasoline and other oil products would ease future fuel shortages due to natural disasters like Hurricane Sandy, which smacked the East Coast in October, U.S. Energy Secretary Ernest Moniz told Reuters.
Sandy barreled into the New Jersey and New York coasts with heavy winds and massive storm surges, snapping powerlines, flooding roads and destroying homes and buildings. Its devastation also laid bare the vulnerabilities in the nation’s fuel distribution networks.
WASHINGTON, July 16 (Reuters) – A leading U.S. oil executive
urged legislators on Tuesday to relax a requirement to use
renewable fuel in gasoline, blaming an “out of control” market
in biofuel credits known as RINs for adding to fuel costs in a
recent run-up in gasoline prices.
At a Senate Energy Committee hearing, lawmakers sought
answers for why a surge in domestic crude oil production to the
highest level in over two decades had failed to bring down fuel
prices. Average U.S. gasoline rates jumped 15 cents over the
past week to $3.64 a gallon on Monday, data showed.
WASHINGTON, July 16 (Reuters) – As U.S. gasoline prices
spike for the second time this year, oil industry officials will
tell Congress on Tuesday that easing a mandate for the use of
renewable fuels and other measures could help stabilize gas
Despite rising domestic oil production, the average U.S.
regular gasoline price jumped nearly 15 cents from a week ago to
$3.64 a gallon on Monday, according to the U.S. Energy
WASHINGTON, July 11 (Reuters) – Rising temperatures and sea
levels will profoundly impact the U.S. energy sector in coming
years, the U.S. Department of Energy said in a report released
on Thursday that outlined the need to mitigate the effects of
climate change on power and fuel supplies.
The report warns of the risks of storms and coastal flooding
to important oil and gas installations, the degrading effects of
heat on the nation’s electrical distribution system and how
water scarcity could crimp new drilling technologies.
WASHINGTON, July 10 (Reuters) – A bipartisan group of U.S.
senators on Wednesday called on the Energy Department to speed
up its planned review process for proposals to ship U.S.
liquefied natural gas (LNG) abroad.
“We are concerned that the timeline for considering these
applications may jeopardize our ability to retain a competitive
position against other natural gas exporting nations,” more than
two dozen lawmakers, including top Senate Republican Mitch
McConnell, said in a letter to Energy Secretary Ernest Moniz.