Posts filtered on Category
The controversy surrounding exports of U.S. natural gas hasn’t disappeared, but recent congressional votes suggest the tide may be turning on the issue, as the Energy Department authorizes more companies to sell the fossil fuel overseas.
The House of Representatives on Wednesday passed legislation to thwart federal regulation of hydraulic fracturing in what was the first major congressional vote on the process that is credited with unlocking new oil and gas supplies nationwide.
A House subcommittee on Wednesday advanced legislation that aims to speed up the government’s review of pipelines and power lines that cross U.S. borders into Mexico and Canada, over the objections of environmentalists and the Obama administration.
The Energy Department on Wednesday announced it is giving seven institutions — including two Texas universities — nearly $5 million in grants to continue research on how to unlock methane gas trapped in ice-like crystals under the sea floor and the Arctic permafrost.
House Republicans on Tuesday kicked off a week-long series of votes on measures designed to promote domestic energy development, beginning with a controversial bill that would accelerate the government’s permitting of oil and gas projects on federal lands.
The federal government collected a near-record haul in fees and royalty payments from oil and gas drilling on public lands and U.S. waters during the last fiscal year, the Interior Department announced Tuesday. All told, the federal government collected $14.2 billion from the activity; Texas’ share was $17 million.
Under pressure to tighten air quality standards for oil and gas drillers, Colorado officials have proposed the nation’s first statewide standards for methane emissions and other heightened safeguards.
A federal official conceded that new rules for Arctic drilling and offshore emergency equipment will not be ready until 2014 and blamed the 16-day government shutdown for some of the delay.
The fight to revamp Mexico’s moribund, state-run oil industry could start as early as this week with a Senate proposal to allow private access to the country’s oil, a nationalist symbol that for decades has been fiercely protected by the constitution from possible profiteering by foreign companies.
All of the United States’ increased oil production over the past 5 years took place on private and state land. The reason? Production on federal land is bogged down by red tape, regulatory uncertainties and restricted access to energy resources.