Energy & Environment Correspondent
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Apr 22, 2012

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.

Apr 20, 2012

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.

Apr 18, 2012

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.

Apr 13, 2012

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.

Apr 11, 2012

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.

Apr 5, 2012

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.

Apr 2, 2012

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.

Apr 2, 2012

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.

Apr 2, 2012

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).

Mar 29, 2012

Obama likely to find oil market can handle Iran sanctions

WASHINGTON, March 29 (Reuters) – U.S. President Barack Obama
is likely to determine by Friday that there will be enough oil
in the world market to allow countries to cut imports from Iran,
taking another step toward sanctioning those nations that do
not, analysts and a congressional aide said.

Obama is required by a sanctions law he signed in December
to determine by March 30, and every six months after, whether
the price and supply of non-Iranian oil are sufficient to allow
consumers to “significantly” cut their purchases from Iran.

    • 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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