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May 16, 2013

New US fracking rules attempt to placate opposing camps

WASHINGTON, May 16 (Reuters) – The Obama administration on
Thursday unveiled a new proposal for regulating hydraulic
fracturing on federal lands, seeking to advance public safety
protections while still addressing concerns the rules would be
too burdensome for producers.

The U.S. Interior Department scrapped a proposal from 2012
after facing heat from green groups and the drilling industry
over rules aimed at updating decades-old fracking regulations.

May 7, 2013

U.S. Interior says not bowing to outside groups on fracking regs

WASHINGTON, May 7 (Reuters) – The Obama administration’s
second attempt at writing regulations for hydraulic fracturing
on public lands is not intended to appease either
environmentalists or oil and gas drillers, Interior Secretary
Sally Jewell said on Tuesday.

Jewell told lawmakers at a Senate Appropriations
subcommittee hearing that the department was “very close” to
unveiling the rules and reiterated a recent comment that the
rules would be out in “weeks, not months.”

Apr 30, 2013

US Senate panel to probe Texas fertilizer plant explosion

WASHINGTON, April 30 (Reuters) – U.S. Senator Barbara Boxer
said on Tuesday she plans to investigate the explosion at a
Texas fertilizer plant earlier this month that killed 15 people
and injured scores more.

California’s Boxer, the head of the Senate Environment and
Public Works Committee, said the panel will hold a hearing “in
the near future” on the disaster and will probe whether there
are any gaps in the enforcement of U.S. chemical safety laws.

Apr 30, 2013

Saudi embraces US oil boom even as kingdom’s output steadies

WASHINGTON, April 30 (Reuters) – The oil minister of Saudi
Arabia, the world’s top crude oil exporter, welcomed the U.S.
energy renaissance on Tuesday but added that the boom in new
global output may hold the kingdom’s production at current
levels until the next decade.

“This is good news,” Ali al-Naimi said about the U.S. oil
and gas production boom at the Center for Strategic and
International Studies in Washington, in a speech billed as his
first on energy in the United States in four years.

Apr 25, 2013

Republicans slam U.S. bet on electric carmaker Fisker

By Ayesha Rascoe and Deepa Seetharaman

(Reuters) – Republican lawmakers said the U.S. government missed early warning signs that its loans to electric carmaker Fisker Automotive could be in trouble, and kept money flowing even after the startup missed a key 2011 production deadline.

Members of the House Oversight Committee cited Department of Energy documents at a hearing on Wednesday as showing Fisker got $32 million in payments, even after it failed to launch the Karma vehicle in February of 2011 as planned.

Apr 24, 2013

Floundering Fisker faces grilling over U.S. government loan

By Deepa Seetharaman and Ayesha Rascoe

(Reuters) – Fisker Automotive Inc, which has not built a vehicle since July, has the potential to succeed and repay nearly $200 million in government loans if the “green” car maker is able to find the right “financial and strategic resources,” according to former CEO Henrik Fisker.

Problems with the parts suppliers, delays in regulatory approval and recalls of its flagship Karma plug-in hybrid sports car were among the issues that dogged the automaker over the last few years, Fisker plans to tell lawmakers during a congressional committee hearing later on Wednesday.

Apr 24, 2013

Floundering Fisker faces grilling over U.S. gov’t loan

April 24 (Reuters) – Fisker Automotive Inc, which has not
built a vehicle since July, has the potential to succeed and
repay nearly $200 million in government loans if the “green” car
maker is able to find the right “financial and strategic
resources,” according to former CEO Henrik Fisker.

Problems with the parts suppliers, delays in regulatory
approval and recalls of its flagship Karma plug-in hybrid sports
car were among the issues that dogged the automaker over the
last few years, Fisker plans to tell lawmakers during a
congressional committee hearing later on Wednesday.

Apr 23, 2013

US could act on natural gas exports within weeks-Dominion CEO

WASHINGTON, April 23 (Reuters) – The Obama administration
may be just weeks from announcing decisions on whether some of
more than a dozen companies will be allowed to export U.S.
natural gas, the chief executive of one of the applicant firms
said on Tuesday.

Thomas Farrell, the head of Dominion Resources,
expressed confidence that the Energy Department would move
forward on applications to export liquefied natural gas in the
near future.

Apr 15, 2013

Obama administration renews aviation biofuel program

WASHINGTON, April 15 (Reuters) – The Obama administration on
Monday renewed an interagency agreement that backs the
development of biofuels for the aviation industry and reiterated
its support for embattled federal renewable fuel targets.

U.S. Agriculture Secretary Tom Vilsack and Transportation
Secretary Ray LaHood signed a pact extending a program that has
worked with the private sector and rural communities to create
an alternative to fossil fuels for aviation.

Apr 12, 2013

Leading Democrat says US may not be able to meet biofuel targets

WASHINGTON, April 12 (Reuters) – The chairman of the Senate
Energy and Natural Resources Committee on Friday questioned
whether the United States would be able to meet federal biofuel
targets and pledged to take a closer look at the mandate’s link
to gasoline prices.

Democrat Ron Wyden of Oregon said the panel plans to spend
“a lot of time” examining the nation’s renewable fuel mandate,
especially as it relates to the gasoline costs Americans pay at
the pump.

    • About Ayesha

      "A Howard University graduate, I began my career at Reuters as an intern covering hotels and airlines in New York. I now work in Washington D.C. covering energy policy and regulations."
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