Category: Politics/Policy

Gallup: US public supports opening federal land for oil exploration

Public opinion supports opening federal land for oil exploration, but generally prefers energy policy focused on conservation, according to a Gallup poll released Wednesday.  More »

Senators leave popular tax credit out of renewable fuel proposal

Top senators on Tuesday unveiled their plan for renewing a slew of tax credits that expired last year, including measures aimed at making biofuels. But one popular tax credit didn’t make the cut.  More »

Feds confront industry skepticism on new safety hotline

Federal regulators are pleading with the oil industry to ‘fess up when they dodge accidents at offshore production platforms, rigs and drillships.  More »

Study: Gasoline prices will fall if US exports crude

The oil industry’s leading trade group on Monday cast exports of U.S. crude as an economic win for consumers, fighting against criticism that selling the fossil fuel overseas would mean higher prices at home.  More »

Feds: Industry hampering oil train safety

U.S. transportation officials rebuked the oil industry Friday for not giving up information regulators say they need to gauge the danger of moving crude by rail, after several accidents highlighted the explosive properties of fuel from the booming oil shale fields on the Northern Plains.  More »

White House strategy to cut methane takes aim at oil industry

The White House on Friday unveiled a broad strategy for curbing greenhouse gas emissions, including regulations clamping down on methane tied to oil and gas development.  More »

Former Energy Secretary James Schlesinger dies

Schlesinger, who died Thursday at the age of 85, built an impressive national-security resume under Republican presidents Richard Nixon and Gerald Ford and served as the nation’s first energy secretary under Democratic President Jimmy Carter during the energy crisis of the late 1970s.  More »

Feds list lesser prairie chicken as threatened

WASHINGTON — The Obama administration said Thursday it is placing a grassland grouse known as the lesser prairie chicken on a list of threatened species, a move that could affect oil and gas drilling, wind farms and other activities in five central and southwestern states. The decision by the Fish and Wildlife Service is a […]  More »

Lawmakers mull shaking up LNG export reviews

Key senators are pressuring the Energy Department to abandon its 2012 plan for processing applications to broadly export natural gas, insisting that the two-year-old approach does not do enough to prioritize projects that have secured financing, signed up customers and are close to winning other needed permits.  More »

Sanctions likely to sting big Russian oil projects

International sanctions against Russian officials could endanger the country’s multibillion-dollar pipeline, liquefied natural gas and offshore projects as the cost of borrowing money surges, according to a report released this week.  More »

Petrobras spending on Pasadena refinery snares Brazil finance minister in scandal

Brazil’s top finance official is being roped into a growing scandal over Petroleo Brasileiro SA’s $1.19 billion purchase of a Texas plant, the latest in a string of troubles plaguing the company’s money-losing refining unit.  More »

European leaders plead for more natural gas exports

Natural gas export boosters have seized on the Ukraine crisis to leverage plans to accelerate U.S. government approvals to sell more of the fossil fuel overseas. But now that the Senate is tackling a $1 billion Ukraine aid package, the zeal to act immediately may be cooling.  More »

New York calls for federal spill response plans amid rail accidents

New York officials asked the Environmental Protection Agency on Monday to update a contingency plan for dealing with oil spills amid the rapid expansion of rail shipments of crude oil from North Dakota across New York to coastal refineries.  More »

Natural gas exports get scrutiny on Capitol Hill

The spotlight is trained on natural gas exports Tuesday as three congressional committees and the full Senate debate whether to send send more of the fossil fuel overseas.  More »

Kremlin partnership places BP at risk in Russia crisis

No business has as much at stake as BP Plc, as the crisis in the West’s relations with Russia escalates.  More »