WASHINGTON, May 23 (Reuters) – Recent meetings between U.S.
oil producers and Commerce Department officials have fueled
industry hopes that the Obama administration may soon begin to
ease a longstanding ban on oil exports.
Although it would require an act of Congress to end the
four-decade export ban, some analysts and executives believe the
White House may be getting ready to open up the taps a bit,
allowing some export of a super-light form of oil known as
condensate, which falls into a regulatory gray area.
WASHINGTON, May 20 (Reuters) – President Barack Obama’s
landmark rules to cut power plant emissions will likely give a
fresh push to regional U.S. carbon cap-and-trade systems by
allowing for a holistic, state-wide view of new pollution
targets, sources familiar with the process said.
The Environmental Protection Agency is poised to allow
states including California and Maryland to use existing
emission-cutting schemes to reach their goals, according to the
sources, instead of adopting a narrower method that would have
limited states to tackling emissions at individual plants.
WASHINGTON (Reuters) – The Obama administration announced its first steps on Friday toward possibly tighter regulation of hydraulic fracturing, or fracking, seeking public input on whether companies should be required to disclose the contents of fluids used in the oil and natural gas drilling technique.
The U.S. Environmental Protection Agency said it would gather public comment for 90 days on whether to require chemical manufacturers to disclose the contents of fluids they inject into shale seams to release trapped oil or gas.