Category: Politics/Policy

White House affirms opposition to EPA riders in spending bill

Green groups fear the White House will agree to a rider that blocks climate change rules in a deal to fund government spending. (Via The Hill’s E-2 Wire)  More »

Industry: No such thing as ‘idle leases’

A government report that depicted a majority of oil and gas leases as idle is misleading at best and leaves out a lot of realities, says the industry. But neither side is innocent of leaving out context to score points with the general public.  More »

Houston gasoline prices rise above $3.50

U.S. Sen. Jay Rockefeller is trying pressure federal authorities to rein in gasoline prices by curbing speculation.  More »

Obama’s goal to cut oil imports may be within reach

Could we really cut imports by one third in coming years? Possibly. More fuel efficient cars, mandates to use biofuels and high prices are cutting into gasoline demand while domestic oil production is on the rise thanks to new discoveries in shale deposits throughout the West.  More »

Encouraged, discouraged, wait-and-see: reactions to Obama’s energy speech

Texas energy executive T. Boone Pickens called the President’s energy speech “a big step forward,” but others in the industry want to see concrete actions by the White House before embracing the president’s ambitious agenda.  More »

Obama: more energy production, efficiency; GOP: priorities misplaced

President Obama sought to reassure the nation that he has a coherent plan to reduce American reliance on imported energy. To meet that goal, he offered a largely recycled set of policy proposals wrapped in urgent rhetoric about the need for Congress to stop talking and start acting.  More »

T. Boone to Obama: Get the U.S. off Middle East oil

In Houston Tuesday, billionaire oilman T. Boone Pickens urged the president to keep a campaign pledge to end Middle East oil imports within 10 years.  More »

Feds will assess reliability of blowout preventers

The government will study how to improve emergency drilling equipment known as blowout preventers following a report that revealed a possible design flaw in the device exhumed from BP’s failed Macondo well in the Gulf, an Obama administration official said today.  More »

Republicans and Democrats drill offshore chief

The nation’s top offshore drilling regulator, Michael Bromwich, is drawing fire from both ends of the political spectrum: Republicans angry about the pace of permitting and Democrats worried that the government is moving too quickly to restart deep-water drilling.  More »

Obama to unveil his vision for future of energy

The president is expected to tap into frustration over the rising cost of oil and gasoline as evidence that the U.S. needs a comprehensive, long-term energy plan instead of short-term solutions spurred by periodic price spikes.  More »

T. Boone predicts good chances for natural gas legislation

After spending nearly three years and more than $80 million of his own money to tout his energy plan, billionaire oilman T. Boone Pickens says he finally is about to have something to show for his effort.  More »

Obama administration flags idle oil and gas leases *updated*

More than half of the leases to drill for oil and gas on public lands and waters are not actively being tapped for energy, according to a new Interior Department report. The study could give the administration a political buffer against charges that it is not doing enough to promote domestic energy development amid an oil price spike stoked by unrest in the Middle East.  More »