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U.S. coal demand falls to lowest level since ’84

The U.S. power sector consumed 677 million short tons of coal last year, the lowest level since 1984, the U.S. Energy Information Administration reported Friday. That was a 35 percent decline from 2008, when coal demand in the power sector hit its peak. The fall comes not only as natural gas, wind t ...

Trump: U.S. will “withdraw” from Paris but open to new deal

President Donald Trump made it official Thursday: he will remove the United States from the Paris agreement on climate change. “The United States will withdraw from the Paris climate accord,” he said, adding he was ready to “begin negotiation to reenter the Paris accord or an entir ...

Trump to announce decision on Paris at 2 p.m. Central

President Donald Trump is scheduled to announce this afternoon whether he will keep the United States in the Paris agreement on climate change. The decision follows months of debate within Trump’s inner circle, as the new president must choose between upholding a campaign promise to repeal the ...

Energy Dept. nominee questions legality of Trump’s proposal for oil reserve

Dan Brouillette, Rick Perry’s pick to be his number two at the Department of Energy, questioned the Trump administration’s proposal to sell off oil from the Strategic Petroleum Reserve to help balance the federal budget during a Senate hearing Thursday. “The SPR was set up for a ve ...

Trump proposes slashing Gulf royalty payments to Texas, other states

President Donald Trump wants the federal government to stop sharing oil and gas royalties from the Gulf of Mexico with Texas and other states along the Gulf Coast. In his budget proposal for 2018, the White House proposes eliminating a decade old program that was set to deliver up to $275 million to ...

OPEC revenues fall to lowest level in a decade

Revenues at the Organization of the Petroleum Exporting Countries fell to $433 billion in 2016, their lowest level since 2004, according to a report Friday by the U.S. Energy Information Administration. That represented a 15 percent from the previous year’s net revenues, the result of sustaine ...

Drilling applications backing up at Bureau of Land Management

President Donald Trump’s pledge to open oil and gas drilling on federal lands has hit a bureaucratic log jam. More than 3,000 applications for drilling permits are  awaiting review at the Bureau of Land Management, according to a report by E&E News, a trade publication. Acting Directo ...

Trump administration withdraws Jones Act review

The Trump administration has withdrawn a controversial proposal that would have forced offshore oil and gas companies to give more work to American ships and crews when drilling in U.S. waters. Announced in the final days of the Obama administration, the proposal would have done away with decades of ...

Senate vote leaves Obama methane rule intact

WASHINGTON – Senate Republicans were dealt a blow Wednesday in their bid to overturn a controversial Obama-era regulation limiting the amount of methane that can be vented and flared from oil and gas drilling sites on federal lands. Using the Congressional Review Act, which gives Congress the power ...

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