Energy & Environment Correspondent
Timothy's Feed
Dec 12, 2014

U.S. Congress readies new sanctions on Russia

WASHINGTON, Dec 12 (Reuters) – U.S. lawmakers were expected
on Friday to approve new sanctions on Russian weapons companies
and investors in the country’s high-tech oil projects, putting
more U.S. pressure on President Vladimir Putin for interference
in eastern Ukraine.

Late on Thursday, the Senate and House of Representatives
unanimously passed the Ukraine Freedom Support Act. A House
panel made a small change and sent the bill back to the Senate
for a last vote expected as soon as late Friday.

Dec 11, 2014

U.S. lawmakers give preview of coming oil export fight

WASHINGTON (Reuters) – U.S. lawmakers gave a preview on Thursday of a looming fight next year on lifting the ban on crude exports with supporters saying it would sustain the drilling boom and others questioning its impacts on industry and fuel prices.

In a House of Representatives hearing on the ban, Texas Republican Joe Barton said exporting oil would boost the economy, lower gas prices, and help give allies alternative oil supplies to Russia.

Dec 8, 2014

Congressman to introduce bill to lift U.S. oil export ban

WASHINGTON (Reuters) – U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners.

Barton, a Republican from Texas, will introduce a bill to lift the export ban Congress passed in the 1970s after the Arab oil embargo led to fears of fuel shortages, an aide said.

Nov 19, 2014

Keystone XL pipeline bill dies in Senate

WASHINGTON, Nov 18 (Reuters) – A bill to force approval of
the Keystone XL pipeline failed in the U.S. Senate on Tuesday,
sparing President Barack Obama from having to veto legislation
that several fellow Democrats supported.

The measure fell just short of the 60 votes needed for
passage, despite frantic last-minute lobbying by supporters,
including Democratic Senator Mary Landrieu of Louisiana who
faces a runoff election on Dec. 6. She has staked her hopes of
winning on the Keystone gambit.

Nov 18, 2014

U.S. Senate heads for vote on Keystone XL pipeline

WASHINGTON (Reuters) – Backers of the Keystone XL oil pipeline hope a vote in the U.S. Senate late on Tuesday will send a bill to the desk of President Barack Obama.

With the chamber apparently stuck at 59 votes in favor of Keystone XL, Senator Mary Landrieu worked hard on Monday to gather one last vote. Late in the day it seemed the Louisiana Democrat would come up just short, likely hurting her chances of winning a new six-year term in a December run-off election.

Nov 17, 2014

In Keystone XL debate, Obama’s warning on oil exports rings only half true

By Nia Williams and Timothy Gardner

(Reuters) – President Barack Obama’s sharpest criticism yet of Keystone XL this weekend included a controversial contention that the huge pipeline would be used to pump Canadian oil sands crude to global markets, not to U.S. refiners.

TransCanada Corp., the pipeline giant that has been waiting six years for U.S. approval to build the $8 billion line, strongly denies it and says it is constructing the 1,179-mile (1,900-km) conduit only to serve import-dependant Gulf Coast refiners, weaning them away from supplies of heavy crude from Saudi Arabia and Venezuela.

Nov 17, 2014

Keystone U.S. Senate vote hangs in balance after Obama remarks

WASHINGTON, Nov 17 (Reuters) – Supporters of the Keystone XL
pipeline in the U.S. Senate scrambled on Monday to gather votes
to pass a bill that authorizes the project to help send Canadian
oil to the U.S. Gulf, a task made harder after President Barack
Obama made his toughest comments yet on the topic.

With her chamber stuck at 59 votes in favor of Keystone XL,
Senator Mary Landrieu, a Louisiana Democrat, worked hard to
gather one last vote needed to pass a bill that the House of
Representatives approved on Friday. The Senate
is expected to vote as early as 6:15 p.m. EST (2315 GMT) on
Tuesday on TransCanada Corp’s project that would
transport more than 800,000 barrels per day of oil.

Nov 17, 2014

Keystone in doubt in U.S. Senate after Obama comments

WASHINGTON, Nov 17 (Reuters) – Supporters of the Keystone XL
pipeline in the U.S. Senate on Monday scrambled to gather votes
to pass a bill that authorizes the project to help send Canadian
oil to the U.S. Gulf, a task made harder after President Barack
Obama made his toughest comments yet about the duct.

With her chamber stuck at 59 votes for Keystone XL, Senator
Mary Landrieu, a Louisiana Democrat, worked hard to gather one
last vote needed to pass a bill that the House of
Representatives easily approved on Friday. The
Senate is expected to vote as early as 6:15 p.m. EST (2315 GMT)
on Tuesday on TransCanada Corp’s project that would
transport more than 800,000 barrels per day of oil.

Nov 15, 2014

Obama, in latest climate move, pledges $3 bln for global fund

BRISBANE, Australia/WASHINGTON, Nov 15 (Reuters) – President
Barack Obama on Friday pledged a $3 billion U.S. contribution to
an international fund to help poor countries cope with the
effects of climate change, putting the issue front and centre of
the G20 Leaders Summit in Australia.

The large size of the contribution took climate policy
watchers by surprise and doubles what other countries had
previously pledged ahead of a Nov. 20 deadline. It would be the
second major move on climate change taken by Obama after big
Democratic losses in last week’s midterm elections.

Nov 15, 2014

U.S. House passes Keystone bill

WASHINGTON (Reuters) – The Republican-led U.S. House of Representatives approved the Keystone XL pipeline on Friday, but a similar measure struggled to get enough support in the Senate and President Barack Obama indicated he might use his veto if the bill does get through Congress.

The legislation, approved by 252 votes to 161, circumvents the need for approval of TransCanada Corp’s (TRP.TO: Quote, Profile, Research, Stock Buzz) $8 billion project by the Obama administration, which has been considering it for more than six years. No Republicans voted against the measure, while 31 Democrats voted for the bill.

    • About Timothy

      "I cover U.S. energy and environment policy and climate change. Moved to DC in late 2009 after a decade in New York. Author of "Diminishing Resources:Oil," which is one in a series of books for young adults."
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