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FBR Capital Markets

Alan Sadler

Feds’ plan to boost biofuel targets draws fire from all sides

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In trying to balance the competing interests of oil companies and biofuel producers, the Environmental Protection Agency’s proposed renewable fuel quotas for 2014, 2015 and 2016 have pleased almost no one.
National Governor's Association Vice Chair Colorado Gov. John Hickenlooper participates in a special session on jobs in America during the National Governor's Association Winter Meeting in Washington, Sunday, Feb. 23, 2014. (AP Photo/Cliff Owen)

Colorado compromise aims to head off fracking showdown at ballot box

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WASHINGTON — A last-minute deal in Colorado is aimed at averting a ballot showdown in November over the future of hydraulic fracturing and drilling regulations in the state that threatened to strand oil industry investments and divided Democrats.
(Photo: Flickr/Mohan R)

US challenges oil export ban with approvals for two Texas companies

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The Obama administration has cleared the way for two energy companies to sell an ultra-light variety of crude overseas after minimally processing it, a decision that tests the limits of a long-standing ban on exporting U.S. crude.
TransCanada chief executive Russ Girling  speaks at the company's investor day in Toronto. (SeongJoon Cho/Bloomberg)

TransCanada CEO ‘undeterred’ by new hurdle for Keystone XL

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TransCanada Corp. officials said Thursday they are undaunted by a Nebraska court ruling that analysts widely believe will mean more delays for the Keystone XL pipeline.
(AP file photo/Southeast Missourian, Aaron Eisenhauer)

EPA lowers target for cellulosic biofuels in gasoline

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The Obama administration on Tuesday formally told refiners to blend 16.55 billion gallons of renewable fuels into the nation’s gasoline supply this year, while paring some targets that the oil industry had criticized as too ambitious.
(AP Photo/Charles Krupa)

New carbon pollution rules could still be years away

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When President Barack Obama unveils his broad plan for combating climate change on Tuesday, he is expected to tout new rules to clamp down on greenhouse gas emissions from existing power plants.
A liquefied natural gas tanker arrives in Houston in 2008, shortly after the Freeport LNG terminal began operations. (Steve Campbell / Houston Chronicle)

Feds give Texas project license to broadly export LNG

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The Obama administration on Friday gave Freeport LNG approval to broadly export domestically harvested natural gas, marking only the second time a U.S. company has won such a license. The export license ensures that the Texas-based project will be able to liquefy natural gas produced by BP to Japan, Taiwan and other countries that do not have free-trade agreements with the United States.
Workers tend to a wellhead during a hydraulic fracturing operation at an Encana Oil & Gas (USA) Inc. gas well outside Rifle, in western Colorado.  (AP Photo/Brennan Linsley)

Feds’ fracturing rule signifies Obama’s approach to natural gas

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You wouldn’t know it from the oil industry’s angry reaction, but the Obama administration’s latest plan to tighten standards for drilling on public lands gives more ground to the private sector at the expense of environmentalists who pushed for tougher protections. Analysts said that’s a fresh sign that the Obama administration supports shale gas development and the payoff that comes from increased domestic energy production.
Cheniere Energy Partners' LNG import terminal on the Louisiana side of Sabine Pass. (Photo: Cheniere Energy)

Manufacturers pushing hard against LNG exports

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Manufacturers terrified that rising natural gas prices threaten their bottom line are stepping up pressure on the Obama administration to limit exports of the fossil fuel in the wake of a study that said selling more overseas would broadly benefit the United States.
EPA Administrator Lisa Jackson

BP suspended from new federal contracts

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The Obama administration’s decision Wednesday to take the rarely used step of barring BP from entering new federal government contracts for its role in the 2010 Gulf oil spill potentially costs the company millions while threatening the British oil giant’s stance as a major offshore energy producer and one of the military’s biggest jet fuel suppliers.