US oil report seen supporting Iran sanctions
WASHINGTON, April 27 (Reuters) – The Obama administration is
unlikely to pull back from levying sanctions against Iran oil
transactions based on a government report due on Friday, which
is expected to show crude markets are sufficiently well-supplied
to move forward with the penalties.
The report, which the U.S. Energy Information Administration
is required to produce every two months under the sanctions law
aimed at curbing Tehran’s nuclear ambitions, could walk a fine
line in assessing the state of markets, according to analysts.
Iran’s trade partners act to avoid U.S. sanctions
WASHINGTON, April 22 (Reuters) – Iran’s trading partners are
looking for ways to avoid being hit by U.S. sanctions on Iranian
oil transactions that take effect mid-year, with Turkey looking
for other suppliers, India exploring options and smaller Asian
countries arguing their imports from Tehran are tiny.
Turkey, the fifth-largest buyer of Iranian oil, has
committed to reduce its crude from Tehran by 10 percent and the
country’s only refiner, Tupras, a unit of Koc Holding
, has pledged to cut imports by 20 percent.
U.S. nuclear chief says he’s no bully to women
WASHINGTON (Reuters) – The head of the U.S. nuclear safety regulator reiterated on Friday he does not bully women, a day after President Barack Obama said he would renominate one of the agency’s commissioners who had accused the chairman of ill treatment.
“There’s been a little bit of talk recently about my treatment of women … any of these accusations that I specifically target women are categorically untrue,” Gregory Jaczko, chairman of the Nuclear Regulatory Commission, told a hastily arranged news conference at the National Press Club.
U.S. to set fracking rules, but delays target date until 2015
WASHINGTON (Reuters) – U.S. environment regulators will postpone implementation of standards requiring natural gas and oil drillers to cut emissions when they finalize the long-delayed regulations on Wednesday, an industry group and an environmental group said.
Drillers that use hydraulic fracturing, or fracking, and other methods to extract natural gas and oil will not be required to add equipment to capture smog-forming emissions at wells until January 2015, the groups said.
Obama streamlines oversight of shale gas
WASHINGTON (Reuters) – President Barack Obama streamlined federal oversight of natural gas production from shale on Friday as the drilling boom has depressed prices for the fuel and increased pressure on the administration to allow companies to export it.
Obama issued an executive order creating an interagency group to oversee development of natural gas, building on a pledge he made in his State of the Union address in January to support the industry while increasing safety.
US military sets goal to cut power grid dependence
WASHINGTON, April 11 (Reuters) – The Obama administration
set a goal on Wednesday of building three gigawatts of solar,
wind, and geothermal power capacity on U.S. military
installations by 2025 that could require about $20 billion in
private financing.
“We are doing it not principally to be green, we’re doing it
principally to provide greater security for our installations,”
an administration official told reporters in a teleconference.
U.S. not backing off as Iran sanctions bite
WASHINGTON (Reuters) – The Obama administration’s man in charge of squeezing Tehran over its nuclear program is unapologetic for the strain Western penalties on Iran have exerted on global oil markets.
The price of oil has shot up nearly 15 percent since January, companies that trade with Iran are struggling to get paid and the biggest Asian countries are scrambling to work around U.S. sanctions that aim to deprive Tehran of revenue needed to develop its nuclear program.
U.S. gasoline demand at lowest since 2001 in January: EIA
NEW YORK/WASHINGTON (Reuters) – Higher gasoline prices have cut demand in the United States to the lowest level for the month of January since 2001, data for from the Energy Information Administration (EIA) showed on Monday.
Total U.S. oil demand fell almost 4.5 percent in January from a year earlier, the statistical arm of the Department of Energy said in its Petroleum Supply Monthly report, declining by 853,000 barrels per day to 18.27 million bpd.
US gasoline demand at lowest since 2001 in Jan-EIA
NEW YORK/WASHINGTON, April 2 (Reuters) – Higher gasoline
prices have cut demand in the United States to the lowest level
for the month of January since 2001, data for from the Energy
Information Administration (EIA) showed on Monday.
Total U.S. oil demand fell almost 4.5 percent in January
from a year earlier, the statistical arm of the Department of
Energy said in its Petroleum Supply Monthly report, declining by
853,000 barrels per day to 18.27 million bpd.
US demand for oil, gasoline, sinks in Jan -EIA
NEW YORK/WASHINGTON, April 2 (Reuters) – U.S. oil demand
fell almost 4.5 percent in January from a year earlier, with
high gasoline prices pushing consumption of the fuel down to the
lowest level for the month since 2001, data from the Energy
Information Administration (EIA) showed on M ond ay.
Total oil demand was down by 853,000 bpd or 4.46 percent to
18.27 million bpd, the EIA said in its Petroleum Supply Monthly.
Even that reduced demand exceeded previous estimates by 169,000
barrels per day (bpd).

