Energy & Environment Correspondent
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Nov 28, 2012

U.S. bans BP from new government contracts after oil spill deal

WASHINGTON (Reuters) – The U.S. government banned BP Plc from new federal contracts on Wednesday over its “lack of business integrity” in the Deepwater Horizon oil spill in 2010, a move that could imperil the British energy giant’s U.S. footing.

The suspension, announced by the U.S. Environmental Protection Agency, comes on the heels of BP’s November 15 agreement with the U.S. government to plead guilty to criminal misconduct in the Gulf of Mexico disaster, the worst offshore oil spill in U.S. history. BP agreed to pay $4.5 billion in penalties, including a record $1.256 billion criminal fine.

Nov 28, 2012

US bans BP from new govt contracts after oil spill deal

WASHINGTON, Nov 28 (Reuters) – The U.S. government banned BP
Plc from new federal contracts on Wednesday over its
“lack of business integrity” in the Deepwater Horizon oil spill
in 2010, a move that could imperil the British energy giant’s
U.S. footing.

The suspension, announced by the U.S. Environmental
Protection Agency, comes on the heels of BP’s Nov. 15 agreement
with the U.S. government to plead guilty to criminal misconduct
in the Gulf of Mexico disaster, the worst offshore oil spill in
U.S. history. BP agreed to pay $4.5 billion in penalties,
including a record $1.256 billion criminal fine.

Nov 16, 2012

US upholds ethanol mandate, says doesn’t harm economy

WASHINGTON, Nov 16 (Reuters) – The United States on Friday
upheld its program to turn a large share of the corn crop into
ethanol for motor fuel, saying it did not cause undue economic
harm despite steep competition for depleted U.S. grain supplies
after the worst drought in 50 years.

In August, as the drought seared the Midwest, the governors
of several livestock producing states including Georgia and New
Mexico asked the Environmental Protection Agency to suspend the
ethanol mandate. They said it pushed up prices for feed grain
and squeezed producers’ profits.

Nov 16, 2012

Less fortunate in U.S. hit hardest by extreme weather-report

WASHINGTON (Reuters) – U.S. droughts, floods and heat waves likely fueled by climate change in the last two years hit the people who can afford it the least – the poor and middle class, a report published on Friday said.

In affected areas of U.S. states hit by five or more extreme weather events in the last two years, the median annual household income was a bit over $48,000, or 7 percent below the national median, according to the report by the Center for American Progress, a liberal think tank with close ties to the White House.

Nov 16, 2012

Exclusive: Less fortunate in U.S. hit hardest by extreme weather – report

WASHINGTON (Reuters) – U.S. droughts, floods and heat waves likely fueled by climate change in the last two years hit the people who can afford it the least – the poor and middle class, a report published on Friday said.

In affected areas of U.S. states hit by five or more extreme weather events in the last two years, the median annual household income was a bit over $48,000, or 7 percent below the national median, according to the report by the Center for American Progress, a liberal think tank with close ties to the White House.

Nov 14, 2012

Carbon output from Canada oil sands higher than thought-study

WASHINGTON, Nov 14 (Reuters) – As President Barack Obama
faces a decision on whether to approve the Alberta-to-Texas
Keystone XL pipeline, a study said Canadian oil sands release
more planet-warming gases compared to other crudes than
originally thought.

Oil sands refined in the United States released 9 percent
more greenhouse gases last year than the average of other crudes
processed in the country, according to the study released
Wednesday by IHS CERA, an energy research group.

Nov 7, 2012

Obama to weigh energy boom, climate change in 2nd term

WASHINGTON, Nov 7 (Reuters) – President Barack Obama will
face a two-fold challenge in energy policy in his second term:
make good on his promise to act on climate change, while at the
same time foster growth in oil and gas production that has
spurred jobs and manufacturing.

That could mean a revival of regulations for producing and
burning natural gas, coal and oil that had been on hold during
the election, and possibly some new rules for hydraulic
fracturing, or “fracking,” the water and chemical-intensive
technique used to extract gas and oil from deep within shale
beds.

Nov 7, 2012

Harsher energy regulations seen in Obama’s second term

WASHINGTON (Reuters) – President Barack Obama will face a two-fold challenge in energy policy in his second term: make good on his promise to act on climate change, while at the same time foster growth in oil and gas production that has spurred jobs and manufacturing.

That could mean a revival of regulations for producing and burning natural gas, coal and oil that had been on hold during the election, and possibly some new rules for hydraulic fracturing, or “fracking,” the water and chemical-intensive technique used to extract gas and oil from deep within shale beds.

Nov 7, 2012

Obama could put heat on drillers but stall gas exports

WASHINGTON, Nov 7 (Reuters) – Barack Obama could toughen
regulations on producing and burning natural gas, coal and oil
early in his second term, raising some costs for energy
companies, analysts said.

The president likely will take far longer to decide whether
the United States should export its newfound shale oil and gas
bounty. Opponents warn that exports would spike fuel costs for
consumers and undermine a domestic manufacturing recovery.

Nov 3, 2012

U.S. government tries to get fuel to storm-hit Northeast

WASHINGTON (Reuters) – The U.S. government on Friday sought to ease the fuel crunch paralyzing the storm-struck Northeast saying the military would buy motor fuel and truck it there and allow foreign tankers from the Gulf of Mexico to deliver oil products.

The Department of Homeland Security waived the Jones Act, a law that normally prohibits foreign-flagged vessels from shipping gasoline, diesel and other petroleum products, from the Gulf of Mexico to Northeastern ports. The waiver, effective immediately, requires shipments to leave the Gulf region by November 13 and arrive in the Northeast within a week.

    • 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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