WASHINGTON D.C. — The U.S. Department of Energy (DOE) has issued the first loan guarantee solicitation for the Tribal Energy Loan Guarantee Program (TELGP) under DOE’s Loan Programs Office. This solicitation provides as much as $2 billion in partial loan guarantees to support economic opportunities for Native American and Alaska Native communities through energy development projects and activities.… Keep reading →
Alaska’s Arctic National Wildlife Refuge regained national attention over the weekend when the Obama administration announced plans to prevent oil and gas drilling along the coastal plain, which is expected to contain considerable hydrocarbon resources. Senator Lisa Murkowski and state officials vehemently oppose the action and are digging in for a fight. Murkowski, Gov. Bill… Keep reading →
As we reported last November, US crude oil export laws can be absurd, with policies regulating condensate exports particularly convoluted. Thus it appears two forward-thinking companies took advantage of this “squishy” legal situation to gain condensate export approval. Deemed “private classification orders” by the Commerce Department’s Bureau of Industry and Security, the decision allows Pioneer… Keep reading →
Shell spent billions of dollars and significant political capital to obtain the licenses and approvals required to explore for oil and gas off the coast of Alaska. A US appeals court recently ruled the original lease sale flawed, which threw new obstacles in the company’s path toward offshore Alaskan oil and gas development. The recent… Keep reading →
Energy and climate stakeholders were surprised by news Thursday that Rep. Henry Waxman, D-Calif. will retire at the end of the year after 40 years in Congress. “Waxman was also a champion of environmental causes. He was one of the chief architects behind a 1990 upgrade to air pollution laws, and in 2009, along with… Keep reading →
Opinion: Lifting the Crude Export Ban; Real Discourse Gains Traction
By Chris FaulknerThe possibility of the Obama administration lifting the crude oil export embargo, to allow U.S. energy companies access to the world market, is finally a reality. Alaska Republican, and head of the Senate energy committee, Lisa Murkowski, drove the discussion this month when she called the ban “antiquated, and at times, absurd.” I couldn’t agree… Keep reading →