Meredith McDermott/ Hearst NewspapersRep. Kevin Brady
Federal government restrictions on offshore drilling “are costing thousands of American jobs,” Texas Rep. Kevin Brady charged today.
In testimony prepared for delivery at a Houston hearing on offs… More »
We asked the Houston-area congressional delegation for their thoughts about today’s rig explosion in the Gulf of Mexico. Here’s what we heard back:
Rep. Kevin Brady, R-The Woodlands:
“The Mariner and BP incidents, unrelated to each other and in stark… More »
This report was written by Chronicle energy reporter Tom Fowler.
Environmentalists and offshore drilling foes on Capitol Hill swiftly seized on the explosion of a Mariner Energy oil platform off the coast of Louisiana today — less than five months af… More »
White House spokesman Robert Gibbs says the White House is remaining in close contact with the Coast Guard and other federal agencies in place along the Gulf of Mexico following this morning’s rig explosion off the Louisiana coast.
Photo by Richard S. … More »
Energy industry workers rally at Houston’s Convention Center against any offshore drilling moratorium.
In case you missed Brett Clanton’s excellent story in today’s print edition of the Houston Chronicle, here’s the top of it:
More than 5,000 energy… More »
A Houston-area Republican is looking for a GOP-takeover of the House in the midterm congressional elections to stop the White House and Democrats in Congress from “demonizing” the nation’s oil and gas industry.
Rep. Kevin Brady, R-The Woodlands, the … More »
A bipartisan group of 37 House members led by Houston Democrat Gene Green and Louisiana Republican Charles Boustany is asking the Obama administration for the second time in three months to issue new permits for shallow water energy exploration in the … More »
Texas on the Potomac regularly shares some of the best national political content from the Texas Tribune. Today, we offer you a piece by the Trib’s Kate Galbraith.
Texas has always operated its own energy grid, separate from the two other grids that … More »
This report was written by Jennifer Dlouhy of the Washington bureau.
The future of the nation’s energy policy could be decided partly by the tight electoral contest in Alaska, where one of the Senate’s top oil and gas advocates — incumbent Republi… More »
Businesses that file claims related to BP’s Gulf of Mexico oil disaster will have to agree not to sue any of the companies involved before they get their money. Early on in the clean up effort, BP tried something similar with some of the fishermen who… More »
Most Americans are reluctant to own oil company stocks, according to a new survey commissioned by the investment firm Edward Jones. Sixty-five percent of those surveyed said they would avoid buying oil stocks if they had money to invest. Of course, m… More »
APThings had been getting uglier and uglier at Dynegy. Its share price fell 90 percent since the summer of 2008, its earnings were weak and though its market value was a meager $200 million, it was shouldering $4.7 billion in debt. Enter the private … More »
Gov. Rick Perry is weighing in on the lawsuit filed yesterday by Texas Attorney General Greg Abbott seeking to block the Obama administration’s second moratorium on deepwater drilling. In short, the Republican governor says it is “unfortunate” that the matter ended up in court, but he blasted the White House for “a flagrant disregard” for Texas.
Tom Fowler has a comprehensive report on the suit on the NewsWatch:Energy blog. Here are the key facts:
The Department of the Interior imposed the ban earlier this year, in reaction to the massive oil spill that followed a blowout of a BP oil well in the Gulf of Mexico. The administration withdrew it when a federal judge in New Orleans blocked the effort and a number of companies filed suit. But on July 12 the DOI re-imposed the ban with some changes.
“The federal government ignored the State of Texas and failed to comply with the law when the Secretary of the Interior unilaterally imposed the Administration’s offshore drilling ban,” Attorney General Greg Abbott said in a statement. “Under federal law, affected states are guaranteed the right to participate in offshore drilling-related policy decisions, but the Obama Administration did not bother to communicate, coordinate or cooperate with Texas.”
An economic impact analysis done by Louisiana State University says Texas will suffer a $622 million decrease in Gross State Product due to the six-month moratorium, meaning the state meets the statutory definition of an “affected state” under the OCSLA and should be consulted, the filing says.
Here’s Perry’s reaction: “Once again, the Obama administration has demonstrated a flagrant disregard for the rights and economies of states and the well-being of those whose jobs depend upon a safe and vibrant energy industry, many of whom live in Texas.
“It is unfortunate Texas must take such action against the federal government, but I will do everything in my power to preserve our state’s economy and the jobs that feed our families. The jobs and livelihoods of too many Texans are at stake for them to be denied a voice by the Obama administration and their federal bureaucracy.”
Texas research institutes will receive the largest chunk of a $21.3 million three-year grant from the Department of Energy, which is intended to develop ways to store CO2 underground in an effort to mitigate climate change, Assistant Secretary for Fossil Energy James Markowsky announced Wednesday.
The University of Texas at Austin and Fusion Petroleum Technologies, Inc. in The Woodlands will receive $2.2 million in funding to research new ways to store CO2 — a greenhouse gas that scientists say leads to climate change — in underground wells.
Texas research institutes received three of the 15 grants awarded across the country, the most of any state. Roughly $1.4 million will go towards two projects at UT Austin, and $780,000 will go to Fusion Petroleum Technologies.
“The projects announced today are part of this Administration’s commitment to leading the world in carbon capture and storage technology,” DoE Secretary Steven Chu said in a press release. “These projects will reduce greenhouse gas emissions, develop clean energy innovation and help produce jobs for Americans across the nation.”
Last week, the Federal Energy Management Program (of the Department of Energy) released its draft Guidance on “Federal GHG Accounting and Reporting.” This Guidance was required by Presidential Executive Order 13514, regarding “Federal Leadership in Environmental, Energy, and Economic Performance (dated October 5, 2009). The Executive Order required federal agencies to create an accounting of […] More »