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We will never sell or share your information without your consent. See our privacy policy.New York Fracking Ban: Insult Followed By Injury
By Charles Sartain | Gray Reed & McGraw, P.C.
A force majeure clause in New York oil and gas leases does not modify the primary term of the habendum clause and the leases are not extended because of the state ban “moratorium” on hydraulic fracturing.
NERA Economic Consulting has a new study warning of potentially dire economic impacts from continued implementation of the Renewable Fuel Standard (RFS), as written into law by Congress. NERA set up its study that way for good reasons: Despite abundant evidence that RFS mandates for ever-increasing ethanol use in the nation’s fuel supply are detached… Keep reading →
Energy News Roundup: EIA Projects Oil Output Cuts, Zambian Energy Crisis & New Solar Technology Discovered
By Conor O'Sullivan
The decline in the price of oil could force the U.S. and other non-OPEC producers to make their deepest output cuts since the early 1990s, according to the International Energy Agency. [WSJ] The privatization of Zambia’s mines has created an energy crisis, producing regular power cuts and inadequate funds for new power stations. [The Guardian] Researchers… Keep reading →
Slow growth in new customer base coupled with water conservation efforts due to drought conditions are combining to create yet another challenging financial year for U.S. water service providers. This situation presents a quandary for water utilities – which are actively encouraging water conservation while at the same time struggling to service high fixed costs.… Keep reading →
3 Ways Solar Energy Programs Are Helping Achieve President Obama’s Climate Goals
By Minh Le | U.S. Department of Energy
Since President Obama took office in 2009, U.S. solar energy capacity has grown more than twenty-fold. And solar stands to grow even more — with renewable energy capacity in the U.S. slated to reach as much as 28 percent by 2030. The Environmental Protection Agency’s (EPA) Clean Power Plan, announced earlier this year, is an… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance, geology,… Keep reading →
Iran’s ‘Frozen’ Assets: Exaggeration On Both Sides Of The Debate
By Patrick Clawson
Before the nuclear deal was signed, the freezing of Iranian assets was incomplete, so the loosening of restrictions on these assets will have less impact than implied by past and current arguments. The Obama administration has long overstated the extent to which economic sanctions froze Iranian assets and the impact these actions had on the… Keep reading →
Top 6 Things You Didn’t Know About Solar Energy
By Erin R. Pierce | U.S. Department of Energy
This article is part of the Energy.gov series highlighting the “Top Things You Didn’t Know About…” series. Be sure to check back for more entries soon. 6. Solar energy is the most abundant energy resource on earth – 173,000 terawatts of solar energy strikes the Earth continuously. That’s more than 10,000 times the world’s total energy use.… Keep reading →
The U.S. Energy Information Administration (EIA) reports that the average retail price for regular gasoline on Aug. 31 was $2.51 per gallon – the lowest price for the Monday before Labor Day since 2004 and 95 cents lower than the Monday before Labor Day last year. EIA’s chart: EIA explains: Declines in crude oil prices… Keep reading →
