Energy Correspondent
Tom's Feed
Oct 20, 2010

US Aug highway travel up 1.6 pct vs year ago

WASHINGTON, Oct 20 (Reuters) – U.S. highway travel rose 1.6 percent in
August compared with a year ago, the Transportation Department said on
Wednesday, as lower fuel prices and an improving economy encouraged more
leisure and vacation travel.

Highway travel in August rose 4.3 billion miles to 267.4 billion vehicle
miles for the month, according to the government’s data.

Oct 14, 2010

U.S. offshore agency excited over Google power line

WASHINGTON (Reuters) – The U.S. offshore energy czar said Google Inc’s surprising decision to get involved in wind energy is an exciting development in an area in which he hopes to speed up the government’s approval process.

Michael Bromwich, who runs the Interior Department’s Bureau of Ocean Energy Management, said he met this week with Google

Oct 13, 2010

U.S. to allow more ethanol in gasoline for newer cars

WASHINGTON (Reuters) – The U.S. Environmental Protection Agency on Wednesday will clear the way for gasoline that is blended with up to 50 percent more ethanol to be used in vehicles made since the 2007 model year, giving a boost to farmers who grow the corn that is used to make most U.S. ethanol, an ethanol industry source told Reuters.

The EPA will approve a request from the Growth Energy coalition of ethanol producers to boost the amount of ethanol in a gallon of gasoline to up to 15 percent from the current 10 percent, the source said.

Oct 12, 2010

Government ends deepwater drilling ban

WASHINGTON (Reuters) – The Obama administration on Tuesday lifted its ban on deepwater drilling seven weeks ahead of schedule, saying newly imposed rules significantly reduce the risk of a repeat of the BP Gulf oil spill, the country’s worst ever.

Restarting deepwater drilling could be slow, however, as oil companies will need to comply with the new regulatory regime and demonstrate they can adequately respond to major blowouts before drilling can resume, the department said.

Oct 12, 2010

US govt ends deepwater drilling ban

WASHINGTON, Oct 12 (Reuters) – The Obama administration on
Tuesday lifted its ban on deepwater drilling seven weeks ahead
of schedule, saying newly imposed rules significantly reduce
the risk of a repeat of the BP (BP.L: Quote, Profile, Research, Stock Buzz) Gulf oil spill, the
country’s worst ever.

Restarting deepwater drilling could be slow, however, as
oil companies will need to comply with the new regulatory
regime and demonstrate they can adequately respond to major
blowouts before drilling can resume, the department said.

Oct 12, 2010

US govt set to end offshore drilling ban -source

WASHINGTON, Oct 12 (Reuters) – The Obama administration on
Tuesday will announce an early end to the drilling moratorium
that idled deepwater oil and gas projects after the blowout of
a BP well leaked millions of gallons of oil into the Gulf of
Mexico, an energy industry source told Reuters.

The Interior Department was scheduled to make an
announcement on the ban at 1 p.m. EDT. The source, who asked
not to be named, said the department would unveil steps that
oil companies must take to resume drilling at depths more than
500 feet prior to its Nov. 30 deadline.

Oct 6, 2010

White House relied too much on BP, blocked spill info

WASHINGTON (Reuters) – The Obama administration was over-optimistic about BP’s ability to handle the oil spill after the company’s Gulf well exploded in April and blocked government spill estimates that might have prompted quicker action, an investigative panel said on Wednesday.

The revelations from the National Oil Spill Commission, whose members were appointed by President Barack Obama, could be embarrassing as Obama’s Democratic Party struggles to retain control of the U.S. Congress in the elections on November 2.

Oct 6, 2010

W.House was over-optimistic after BP oilspill – panel

WASHINGTON (Reuters) – The Obama administration was over-optimistic about BP’s ability to handle the oil spill after the company’s Gulf well exploded in April and blocked government spill estimates that might have prompted quicker action, an investigative panel said on Wednesday.

The revelations from the National Oil Spill Commission, whose members were appointed by President Barack Obama, could be embarrassing as Obama’s Democratic Party struggles to retain control of the U.S. Congress in the elections on Nov. 2.

Oct 6, 2010

W.House blocked BP oil spill estimates-Govt panel

WASHINGTON, Oct 6 (Reuters) – The White House in the spring
blocked release of government worst-case estimates of the
amount of oil spewing from BP’s (BP.L: Quote, Profile, Research, Stock Buzz) well in the Gulf of
Mexico, the presidential commission looking into the accident
said on Wednesday.

The commission said government officials told its staff
that the National Oceanic and Atmospheric Administration (NOAA)
wanted to release some of its long-term, worst-case spill
models for the Deepwater Horizon accident in late April or
early May. But the White House Office of Management and Budget
blocked the move to make the information public.

Oct 5, 2010

US winter natgas use seen higher, plentiful supply

WASHINGTON, Oct 5 (Reuters) – U.S. natural gas demand this
winter is expected to rise 2.4 percent over last year but
plentiful supplies will help keep prices down, an industry
trade group forecast on Tuesday.

Gas demand will be up most in the electric utility and
industrial sectors, rising 7 percent for utilities and 5
percent for industry, the Natural Gas Supply Association said
in its annual winter forecast on Tuesday.

    • About Tom

      "I have covered energy issues from the Reuters Washington bureau since 1997. These days I'm writing about the Obama administration's overhaul of U.S. energy policy, which focuses on developing alternative energy sources like wind and solar power and seeks to reduce petroleum use. However, the United States and the rest of world will rely on oil as a major energy source for the forseeable future. That's why much of my reporting still looks at legislation, regulations and White House policies that affect the oil industry, petroleum supplies and fuel demand."
    • Follow Tom