Tag: Jack Gerard

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 »

No energy policy not such a bad thing, experts suggest

For years, it has been a mantra in Washington: The absence of a broad U.S. energy policy is holding America back, keeping the nation from realizing its full potential.  More »

Tax proposal would deal big blows to Big Oil

Rep. Dave Camp’s plan to overhaul the nation’s tax code would deal major blows to independent refiners and the nation’s biggest oil and gas companies, blocking them from taking some long-cherished deductions and forcing them to use an accounting method that would hike their tax bills when crude prices climb. But independent oil and gas producers as well as midstream pipeline companies dodged big hits in Camp’s long-awaited proposal.  More »

Regulatory limbo keeping safer crude cars off the tracks, lawmaker says

The government’s long delay in drafting mandates for stronger tankers to haul crude across the nation’s train tracks is paralyzing companies that want to invest in safer cars, a Democratic lawmaker charged Wednesday.  More »

Oil leader cautions against creating new rail risks

The oil industry’s leading trade group on Friday praised railroads’ plans to boost the safety of hauling crude across the country, but it cautioned against other changes that could create new risks.  More »

Train explosions prompt companies to upgrade oil tankers voluntarily

Oil companies are rolling ahead of federal regulators by moving swiftly to replace old tank cars following accidents involving crude-carrying trains.  More »

Oil industry ally takes Senate committee helm

Sen. Mary Landrieu takes over the chairmanship of the Energy and Natural Resources Committee, giving the Louisiana Democrat a boost in her reelection campaign and putting an oil industry ally in a powerful Senate role.  More »

Lawmakers consider setting deadline for Obama’s Keystone XL decision

A bipartisan coalition of House and Senate members on Tuesday said they are considering an array of options to speed up a final verdict on the proposed Keystone XL pipeline, now that a State Department analysis raised no major environmental objections to the controversial project.  More »

Environmentalists cringe as Obama touts oil and gas

President Barack Obama celebrated “booming” U.S. oil and gas production during his fifth formal State of the Union address Tuesday night, delivering a blow to environmentalists worried the president isn’t doing enough to combat climate change.  More »

Obama likely to target natural gas, climate change in State of the Union

Energy issues may figure prominently in President Barack Obama’s State of the Union address on Tuesday night.  More »

House panel to examine rail safety

Following a series of fiery explosions involving oil-carrying trains, a House panel will hold a hearing to examine the safety of moving crude by rail.  More »

API launches new election-year campaign (video)

The oil industry’s leading trade group is kicking off a new ad campaign leading into the November elections to tout the economic power of domestic energy production.  More »
Page 1 of 712345...Last »