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.
A record cut to the number of active U.S. drilling rigs and billions of dollars of spending reductions by companies since last year’s price plunge has yet to translate into a slump in barrels produced.
The documents, about 80 pages obtained through a Freedom of Information Act request, show the investigation was opened in early 2013 after a meeting of the FBI and TransCanada. It was closed in June 2014 after the bureau failed to identify extremist activity amongst anti-Keystone demonstrators, the Guardian reports.
Speaking at the Urban Land Institute spring meeting in downtown Houston, Kinder touted the progress his Kinder Foundation has made with Houston’s Discovery Green, Buffalo Bayou Park, the Museum of Fine Arts and more.
With the move late Tuesday, the Energy Department is allowing Cheniere to export as much as 2.1 billion cubic feet per day of liquefied natural gas over the next 20 years from the planned facility to countries with which the United States does not have free trade agreements.
Oil-services companies are slashing jobs to cope with declining demand from drillers. Baker Hughes Inc., the oilfield-services company merging with Halliburton Co., has reduced about 17 percent of its workforce in recent months.
Contenders in the battle for oil market share include Russian oil companies, Brazil’s state-run Petrobras and oil fields in China and Southeast Asia, which have all pumped thousands of barrels into a global crude glut.
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