Tag: api

New federal mandates target hydraulic fracturing

Although the rule only applies to development on public and tribal lands — where there are more than 100,000 oil and gas wells today — environmentalists have argued that tough federal protections could provide inspiration for state regulators.  More »

Feds collect millions in Gulf oil drilling sale, despite falling prices

Slumping oil prices tempered some of the industry’s enthusiasm for new drilling rights in the Gulf of Mexico — but not much.  More »

After oil spills, feds order valve replacements on 6,000 tank cars

The Federal Railroad Administration on Friday ordered the owners of an estimated 6,000 tank cars to replace unapproved valves that have caused oil to leak from trains heaving crude.  More »

Advanced biofuel group breaks with traditional allies on federal mandates

The makers of advanced biofuels created with algae, animal fat and non-edible plant materials on Wednesday broke with traditional corn-based ethanol producers to call for sweeping changes to the nation’s biofuels mandates.  More »

Senator wants tougher rules for volatile oil moved by rail

Sen. Charles Schumer wants federal regulators to require crude to be stripped of volatile compounds before it is loaded into rail cars criss-crossing the country.  More »

Feds propose Arctic drilling mandates

The Interior Department’s proposal would for the first time impose specific mandates on offshore drilling in isolated U.S. Arctic waters — updating rules that were built decades ago for the much more temperate Gulf of Mexico.  More »

Crude stores rise again

Commercial stores of crude oil grew by 7.7 million barrels to 425.6 million barrels, the highest level recorded in EIA data stretching back to 1982  More »

West Virginia train derailment puts focus on rail safety

The fiery derailment near Mount Carbon, W.V., shines a spotlight on steps that could make it safer to transport crude by rail, including automated braking systems and better track maintenance.  More »

U.S. should lift export ban despite possible impact on crude prices, API chief says

It’s not clear whether proposed changes to 40-year-old oil export ban will make much progress this year, whether by the Obama Administration or the Republican-controlled Congress.  More »

Broad coalition takes aim at renewable fuel mandate

The measure sponsored by Rep. Bob Goodlatte, R-Va., would preserve requirements for advanced cellulosic ethanol made from wood, grasses and other inedible plant material.  More »

Permitting, prices holding back new pipelines

“This may be the most difficult time ever to expand pipeline capacity,” Andrew Black, CEO of the Association of Oil Pipe Lines, told lawmakers on Tuesday.  More »

Obama budget would slash oil tax breaks while boosting renewables

In his $4 trillion budget request to Congress, Obama also says he wants to change the way money from offshore oil and gas production is shared with Gulf Coast states, by diverting more of those dollars to national programs with “broad” natural resource and conservation benefits.  More »

Offshore drilling plan targets Atlantic and Arctic waters

The Obama administration’s proposal for 10 auctions of drilling rights in the Gulf of Mexico, three targeting Arctic waters and one of Atlantic acreage is alienating both environmentalists and the oil industry.  More »

Obama administration opens door to Atlantic drilling

The Obama administration is poised to unveil a draft plan for selling offshore oil and gas leases that is expected to rule out auctioning drilling rights in parts of the Atlantic Ocean as well as in some Arctic waters and along the West Coast between 2017 and 2022.  More »

Republicans vow to fight administration on Arctic drilling

Republicans lashed out at what they called a “triple whammy” of Obama administration actions that could limit oil development in and around Alaska, including new protections in the Arctic National Wildlife Refuge and a coming plan for selling offshore drilling rights.  More »
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