Category: Politics/Policy

Keystone XL foes say supporters putting out misinformation

The Natural Resources Defense Council criticized what it has called misinformation by the controversial project’s supporters as a deadline for the Obama administration’s permitting decision looms.  More »

EPA board rejects appeal of Shell Arctic permit

Royal Dutch Shell’s quest to drill exploratory wells in Arctic waters has received a boost with the affirmation that its federal air permits for the Chukchi Sea were properly granted.  More »

EPA To Fine U.S. Gas Producers $6.8 Million For Not Using Nonexistant Fuel

Over the past few years, EPA regulatory initiatives have led to a lot of head scratching over why Lisa Jackson and her lieutenants were acting in ways that made it difficult for the President to spark an economic recovery. The agency’s latest rules (Boiler MACT, Utility MACT, NAAQS revisions, etc.) offer good examples. They represent […]  More »

Texas leads U.S. in greenhouse gas emissions

As the nation’s light switch and gas pump, Texas releases far more greenhouse gases into the air than any other state, according to federal data released Wednesday.  More »

Nigerian unions vow to paralyze oil output

Nigeria’s two main oil unions threatened to shut output in Africa’s top crude producer as a national strike entered its fourth day, mounting pressure on President Goodluck Jonathan to restore fuel subsidies.  More »

Japan to reduce Iran oil imports, supporting US

Japan gave a boost today to the U.S. campaign to sanction Iran over its nuclear program, pledging to buy less Iranian oil, a day after China reacted coolly to the U.S. effort.  More »

API debuts TV ad pressing Obama on Keystone XL

American Petroleum Institute President Jack Gerard had said the group would make TransCanada Corp.’s proposed 1,700-mile oil-sands pipeline, from Alberta to southeastern Texas refineries, a part of its election-year campaigning.  More »

TransCanada exec says Asian markets an option

A Canadian executive overseeing a plan to build a 1,700-mile oil pipeline from Canada to Texas says Canadian oil producers will look to Asian markets if the U.S. government fails to approve the Keystone XL pipeline project.  More »

Oil and gas leases on public lands up 20 percent in 2011, feds say

The announcement comes as the Interior Department plans a host of new lease sales in 2012 and mulls regulations that would require disclosure of hydraulic fracturing fluids used on public lands and could boost the 12.5 percent royalty rate.  More »

Feds say timely answer ahead on Alaska drilling

A top federal official said that the Interior Department is committed to giving Shell Oil Co. a firm answer on its Alaska offshore drilling applications, with plenty of time to spare should the company’s application be approved.  More »

Iran and Hormuz

Escalating tensions over Iran’s threat to block the Strait of Hormuz have contributed to a several dollar rise in the price of oil over the past two weeks, portending an even higher oil price security risk premium that could emerge – were Iran to become a nuclear power. Analysts are already predicting a large oil […]  More »

New NOAA study mirrors spill rate from BP well

Federal scientists say a new chemistry-based analysis of the 2010 oil spill in the Gulf of Mexico closely matches official estimates released at the time of the spill.  More »