Energy & Environment Correspondent
Timothy's Feed
Jun 4, 2015

Fracking poses potential risks to some water supplies -EPA study

WASHINGTON, June 4 (Reuters) – Fracking has not led to
widespread, systematic pollution of drinking water, the U.S.
Environmental Protection Agency said on Thursday in a
long-awaited study.

The study, five years in the making, found some drinking
water vulnerabilities to hydraulic fracturing, such as where
supplies were scarce, but overall saw little impact from the
drilling technique.

Jun 3, 2015

U.S. oil exports will not wean allies from Russian crude -memo

WASHINGTON, June 3 (Reuters) – Lifting the ban on U.S. oil
exports would do little to help Eastern European countries
decrease their reliance on Russian energy, a policy research arm
of Congress said in a memo to U.S. lawmakers seen by Reuters on
Wednesday.

Lawmakers in favor of axing the 40-year-old U.S. crude oil
ban are increasingly using the argument the move would bring
stability to allies in Europe and Asia by adding a steady
alternative supply to markets that currently rely heavily on
Russian oil.

Jun 3, 2015

Insight – For green activists, Arctic drilling could be the next big thing

WASHINGTON (Reuters) – Michael Brune is pleased that activists in kayaks are training for another “Paddle in Seattle” to confront an expected Royal Dutch Shell rig on its way to the Arctic to explore for oil. What makes the head of the Sierra Club just as happy is the effect Shell’s Arctic ambitions are having on his own environmental organization.

Sierra’s funding drive against the resumption in Arctic drilling has taken in three times more money than usual campaigns by the nation’s oldest green group, said Brune, though he wouldn’t reveal specific amounts. And the group’s petition opposing President Barack Obama’s decision in favour of Shell last month has collected more signatures than any appeal in two years.

Jun 3, 2015

For green activists, Arctic drilling could be the next big thing

WASHINGTON, June 3 (Reuters) – Michael Brune is pleased that
activists in kayaks are training for another “Paddle in Seattle”
to confront an expected Royal Dutch Shell rig on its
way to the Arctic to explore for oil. What makes the head of the
Sierra Club just as happy is the effect Shell’s Arctic ambitions
are having on his own environmental organization.

Sierra’s funding drive against the resumption in Arctic
drilling has taken in three times more money than usual
campaigns by the nation’s oldest green group, said Brune, though
he wouldn’t reveal specific amounts. And the group’s petition
opposing President Barack Obama’s decision in favor of Shell
last month has collected more signatures than any appeal in two
years.

Jun 2, 2015

U.S. House energy chair supports lifting oil export ban

WASHINGTON, June 2 (Reuters) – The Republican chairman of
the House of Representatives’ energy panel on Tuesday said he
favored lifting the 40-year-old ban on U.S. oil exports, a move
that could boost support for legislation in the chamber.

“Oil exports can be a win for the American people and a win
for our allies,” said Representative Fred Upton of Michigan in
prepared remarks at a hearing.

May 28, 2015

Lifting of U.S. crude oil export ban possible within year -analysts

WASHINGTON (Reuters) – The U.S. Congress could lift the
40-year old ban on domestic crude oil exports within a year as a
drop in gasoline prices and the potential return of Iranian oil
to global markets makes it an easier measure for politicians to
support, Bank of America Merrill Lynch analysts said on
Thursday.

U.S. gasoline prices have dropped since last year along with
global crude prices, thanks to strong crude output from the
United States, Saudi Arabia and Iraq. On Thursday, the U.S.
average for regular gasoline at the pump was nearly $2.74 a
gallon, down from $3.65 a year ago, according to the AAA
motorist club.

May 12, 2015

What would it take to free U.S. oil exports?

WASHINGTON, May 12 (Reuters) – Lawmakers pushing to repeal
the 1970s-era ban on U.S. oil exports face a steep obstacle: The
Obama administration sees no need to fully remove the
restriction while the country is still importing part of its oil
supply.

And many politicians are wary of a voter backlash if
gasoline prices go up just as they open the door to exports.

May 12, 2015

Here’s why Obama is approving Arctic drilling again

WASHINGTON, April 1 (Reuters) – For a leader who has made
fighting climate change a priority, President Barack Obama’s
decision to approve Royal Dutch Shell’s return to oil
and gas exploration off Alaska was seen by many
environmentalists as a contradiction.

On Tuesday, his administration upheld a 2008 Arctic lease
sale, clearing an important hurdle for Shell.
The Interior Department will now consider the company’s drilling
plan, which could take 30 days. But Shell, which has already
spent about $6 billion exploring the Arctic, expects to return
to polar waters this summer and is already moving oil rigs to
Alaska.

May 11, 2015

U.S. approves Shell’s plan to drill for oil in Arctic

WASHINGTON, May 11 (Reuters) – Royal Dutch Shell’s return to
oil drilling in the U.S. Arctic for the first time since 2012
took a big step forward on Monday when the Obama administration
approved the company’s exploration plan.

The Department of Interior conditionally approved Shell’s
plan to explore for oil in the Chukchi Sea off Alaska. Shell has
already spent about $6 billion on exploration in the Arctic.

May 7, 2015

Senator Murkowski plans bill to kill oil export ban

WASHINGTON (Reuters) – U.S. Senator Lisa Murkowski said on Thursday she will unveil a bill next week to reverse the U.S. oil export ban in an effort to build support for killing the 1970s-era restriction that drillers say threatens to choke the domestic energy boom.

Murkowski, the Republican chairwoman of the Senate Energy and Natural Resources Committee, said she will unveil the bill on Tuesday, although it was uncertain when the measure would get a vote in her committee.

    • 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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