API

Domestic Oil And Gas Production

NEW REPORT CHRONICLES LESSONS LEARNED FROM ALISO CANYON LEAK AND CALLS FOR A PHASE-OUT OF SINGLE-BARRIER WELLS WASHINGTON – Today, the Interagency Task Force on Natural Gas Storage Safety, established in the wake of last year’s massive natural gas leak at California’s Aliso Canyon site, issued a new report intended to help reduce the risk of future… Keep reading →

Boom Goes Bust: Texas Oil Industry Hurt By Plunging Oil Prices

The U.S. Environmental Protection Agency’s (EPA) Clean Power Plan, which seeks to curb carbon dioxide (CO2 ) emissions from power plants, has gotten considerable news coverage recently. Another recent EPA initiative to combat climate change is not nearly as well known, despite the fact that it could also have significant implications for the overall U.S.… Keep reading →

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Another data point in the continuing public discussion of EPA’s plan to make the nation’s standards for ozone more restrictive, even as the existing standards have ozone levels falling 18 percent from 2000 to 2013 (chart below) – and giving every indication levels will continue to fall. A new study by the Center for Regulatory… Keep reading →

EPA Announces Timeline For Renewable Fuel Standards

New EPA Regulation To Cut Emissions From Coal-Fired Plants In US

On April 10, 2015, the U.S. Environmental Protection Agency (EPA) lodged with the U.S. District Court for the District of Columbia a proposed consent decree to resolve litigation challenging the delay in issuing Renewable Fuel Standards (RFS) for 2014 and 2015 brought by the American Petroleum Institute (API) and the American Fuel & Petrochemical Manufacturers (AFPM) against EPA.

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There were conflicting opinions emerging from the American and Iranian camps following the latest round of discussions at the nuclear summit in Switzerland when Sec. Ernest Moniz met with his Iranian counterpart. “In comments to the Iranian news media, Ali Akbar Salehi, the head of the Atomic Energy Organization of Iran, said that 90 percent… Keep reading →

OPEC Summit

Saudi Aramco is in talks with banks about a $10 billion loan for general business purposes, according to two banking sources, with sources saying the deal could close by the end of the month. “News of the talks comes at a time when Aramco, the world’s biggest oil exporter, is adapting to much lower crude… Keep reading →

Manufacturing To Be A Key Election Issue

The Obama administration announced plans earlier this week to regulate methane emissions form oil & gas operations, which resulted in the usual chorus of applause and grumbles from environmentalists and industry. “This is the biggest opportunity to curb climate change pollution that they haven’t already seized,” David Doniger, director of the climate and clean air… Keep reading →

OPAL Pipeline To Connect To Baltic Sea

The big news today was an announcement that President Obama will not sign Keystone XL oil pipeline legislation currently working its way through congress. Interestingly, the announcement was made at the same time major oil and gas industry trade group American Petroleum Institute President Jack Gerard delivered the annual State of American Energy address, in… Keep reading →

Rushing to Regulate

Leaks Found At Illinois Nuclear Plants

Eye-catching headline this week in The Hill: “EPA races to finish Obama rules.” First reaction: Haste makes waste – and when talking about regulation that could affect America’s dynamic, game-changing energy revolution, the goal should be sound policy, not speed. The Hill: Officials at the Environmental Protection Agency (EPA) are racing to churn out new regulations… Keep reading →

Russian Gas Supplies Through Ukraine Turned Off

The battle over fracking in Colorado is heating up with major funding flowing into both sides of the debate. Several ballot initiatives regarding the oil and gas well completion technology will be voted on this November. Celebrities like Yoko Ono and wealthy activists including Tom Steyer are supporting anti-fracking legislation, or in many cases, laws… Keep reading →

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