Tank cars that carry crude oil across the United States would have to meet stringent new standards to improve safety and make them more resilient in an accident under proposed new rules unveiled by the U.S. Department of Transportation on Wednesday. More »
Nearly 7 out of 10 Americans support domestic offshore drilling but few believe the federal government is doing enough to encourage such production, an industry-backed survey finds. More »
The Obama administration says its new plan for vetting proposals to sell liquefied natural gas overseas is aimed at streamlining the review process, but energy companies and aspiring exporters say the government’s approach could have the opposite effect. More »
President Barack Obama signed the executive order with the new protections Monday. More »
Transportation Secretary Anthony Foxx suggested Monday that coming mandates to boost the safety of hauling oil by train will go beyond requiring changes to the tank cars.
The Obama administration on Friday gave the oil industry the green light to use air guns and sonic sensors to search for possible oil and gas under Atlantic waters, overriding environmentalists concerned that the seismic research can harm whales and other marine life. More »
The Obama administration on Thursday released final details for its planned Aug. 20 sale of oil and gas drilling rights in the western Gulf of Mexico. More »
Oil companies and railroads appear to be moving to phase out older, rupture-prone tank cars on a faster timeline than U.S. regulators are envisioning. Regulators are expected to propose a six-year timeline for scrapping those older, legacy tanker cars, which have been tied to recent, fiery explosions. That’s twice as long as one industry plan. More »
Among the companies hit were OAO Rosneft, Russia’s largest oil company, More »
The leading Capitol Hill advocate for exporting U.S. crude said she is encouraged by the Obama administration’s focus on the issue, following a meeting with Commerce Secretary Penny Pritzker.
Sen. Lisa Murkowski, R-Alaska, said she left the private session confident that “there are ongoing discussions within the (Commerce) department on this issue.” More »
The Denton City Council voted down a petition 5-2 to ban new hydraulic fracturing after eight hours of testimony, sending the proposal to a public ballot in November More »
The secret government rulings that gave two Texas companies confidence they could export a slightly distilled ultra-light oil will not open the floodgates for that condensate to flow overseas, a top trade lawyer said Monday. More »