Category: Politics/Policy

Colorado finds itself an earthquake lab amid gas boom

In an area peppered with wells pulling energy resources from below ground — and many pumping wastewater from the process back into it through injection wells — an old question resurfaced: Could the same geological tinkering that has revved a formidable economic engine also trigger potentially damaging earthquakes?  More »

Mexico’s Pemex says production to increase in 2015

Mexico’s state-owned oil company Petroleos Mexicanos estimates its crude production will increase to 2.4 million barrels per day in 2015, compared with the 2.35 million barrels per day it expects to produce this year, a company official said.  More »

Feds advance hydraulic fracturing rule

The Obama administration is on track to impose new mandates governing hydraulic fracturing on public land by the end of the year, a move that threatens to topple the White House’s delicate balancing act assuaging worried environmentalists while still sustaining a domestic drilling boom that is bolstering the U.S. economy.  More »

Illinois state agency issues fracturing rules

he lengthy report follows months of delays and complaints over the process to draft rules governing hydraulic fracturing, or fracking, in Illinois. Industry officials say southern Illinois has rich deposits of natural gas, but a final draft of the rules — initially touted as a national model of both sides working together — has taken months for the agency to produce as industry groups warned the state was losing business.  More »

Hearing to discuss Mexico’s energy impact on Texas

An energy boom is brewing across the border, and a joint legislative hearing in September will talk about the potential impact on the Rio Grande Valley.  More »

Shell formally launches 2015 Arctic drilling bid

Shell’s campaign to resume Arctic drilling in 2015 took a major step forward Thursday, as the company gave federal regulators a broad drilling blueprint that lays out plans for boring new exploratory oil wells in the Chukchi Sea. It is the strongest evidence yet that the company will keep pursuing a big discovery in the U.S. Arctic, after a mishap-plagued 2012 exploration campaign ended with the grounding of a drilling rig and a $200 million writeoff.  More »

Policy uncertainty could undermine future of renewables, agency says

Power generation from renewable resources like wind, solar and hydroelectricity could slow unless policymakers offer more clarity about future markets, according to a report.  More »

Oil industry urged to work harder to get its story across

The oil industry has done a poor job in explaining to the public the challenges it faces and the service it performs,  More »

Texas lawmakers focus on oil boom

Above all, the oil boom has emerged as a singular force driving the state’s great challenge of the 21st century, the post-urbanization population surge.  More »

Environmentalists ask Vatican to shun fossil fuel investments

Environmental activists who have persuaded universities and some churches to give up their investments in fossil fuels now are focusing their prayers on the pope.  More »

Energy reforms to increase Mexico’s long-term production by 75 percent, EIA says

The U.S. Energy Information Administration has raised its production estimate for Mexico by 75 percent on the strength of industry reform signed into law this August.  More »

Ending ban on oil exports would mean cheaper gasoline, energy executive says

ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon should crude exports be allowed.  More »
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