Regulation

NYSE

The downward trend in global oil prices that garnered so much attention – and hyperbole – over the past couple of weeks also revived interest in the US crude oil export conversation. The million dollar question with regard to US oil exports is how additional volumes of US crude on the global market would impact… Keep reading →

As Drilling At Relief Well Continues, Gulf Coast Toils Over Spill Recovery

U.S. Energy Exports to Top Imports by 2025, WoodMac Says Bloomberg: U.S. companies will export more energy than they import by 2025 as shale oil and gas production keeps climbing and the transportation sector becomes more efficient, Wood Mackenzie Ltd. said in a note today. Horizontal drilling and hydraulic fracturing in hydrocarbon-rich layers of shale rock… Keep reading →

Proposed Radioactive Waste Site in Nevada

The third volume of NRC’s safety evaluation report on the proposed Yucca Mountain nuclear waste repository finds that DOE’s design meets its post-closure performance objectives. On October 16, 2014, the Nuclear Regulatory Commission (NRC) published Volume 3 of its Safety Evaluation Report (SER) on the Department of Energy’s (DOE) license application for the proposed underground geologic… Keep reading →

Strong Exports Force Coal Ships Bottleneck

Recently, the Australian Prime Minister Tony Abbott warned at the opening of the Caval Ridge coal mine in Queensland against the “demonization of coal.” According to the Sydney Morning Herald, PM Abbott stressed that “coal is good for humanity, coal is good for prosperity, coal is an essential part of our economic future, here in… Keep reading →

EU, Ukraine And Russia Continue Negotiations Over Natural Gas Shipments

Natural gas supply negotiations between Russia’s Gazprom and Ukraine’s Nagtogaz appear to be inching closer to a deal. In fact, the two sides have agreed on a price of $385 per thousand cubic meters, but payment details now appear to be a sticking point. “If the Ukrainians have the money, then the documents will be signed. If not,… Keep reading →

Defense Set to Begin Arguments In Sandusky Trial

As expected, this week blew through the Columbus Day holiday and into a flurry of legislative activity. Dozens of bills went back and forth between the chambers this week, and many have already landed on the governor’s desk. Additionally, the Corbett administration announced a resolution in the five-year dispute over Mcare fund transfers and assessments.

Despite the long days and daily – sometimes multiple – Rules Committee meetings, there still isn’t quite enough time to get everything crossed off the legislative to-do list. While big-ticket items like pension reform and liquor privatization have fallen into the dust heap of this session’s history, the two chambers are wrapping up other last minute details, some of which stand to have significant impact in the areas of health care and human services, economic development and tax credits. Both the House and the Senate added a voting session day. Originally, the House and Senate were both to have adjourned until after the November 4 election as of Wednesday, but the Senate added Thursday, October 16 as a voting day, and the House added Monday, October 20.

Arctic National Wildlife Refuge

The western boundary of the Arctic National Wildlife Refuge, located on Alaska’s North Slope, has been redrawn and 2 oil and gas exploration leases pending since 2011 have been awarded. There has been a longstanding discrepancy with regard to ANWR’s western boundary – covering roughly 20,000 acres – with US Fish & Wildlife Service maps… Keep reading →

Work Crew Installs Solar Power Panels In Santa Monica

From a rooftop in sunny California, a Breaking Energy writer learns about the need for a national solar policy targeting low-income families. The sun was rising quickly as I drove down I-580 to a part of Oakland that has yet to attract a significant influx of Silicon Valley’s high-tech workers and the gentrification that follows. … Keep reading →

2014 Paralympic Winter Games - Closing Ceremony

Russian President Vladimir Putin has said the precipitous decline in oil prices is not a “tragedy” for the budget of his petro-state and its people. That same day on Friday, Moody’s downgraded Russia’s debt ratings to Baa2 with a negative outlook, citing, among other things, the ongoing erosion of Russia’s foreign exchange buffers due to low oil prices. Experts… Keep reading →

EPA. RFS. Reality.

EPA Proposes Changes To Ethanol Mandate In Gasoline

Interesting Reuters piece last week on the Renewable Fuel Standard (RFS) and very tardy 2014 ethanol-use requirements, now more than 10 months overdue from EPA. Reuters reports: The Obama administration is trying to balance its support for renewable fuels with awareness of infrastructure constraints at gas stations as it finalizes targets for 2014 biofuel use, agency officials said… Keep reading →

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