President Obama has used increasingly negative rhetoric in recent months when discussing the Keystone XL pipeline. The President’s remarks have left most observers with the impression that he will reject the controversial pipeline’s permit and cancel the project once and for all. In December, the President said that the pipeline may be “good for the… Keep reading →
Hillary Clinton received a lot of criticism since it was revealed this week that she had never used an official State Department email account while she was Secretary of State, she instead used a private email account maintained by a contractor. Green groups such as 350.org and Friends of the Earth have expressed dismay that… Keep reading →
The EPA has added fuel to the fire in the debate over Keystone XL. The EPA filed new comments with the State Department that could give the White House additional cover to deny approval of the controversial project. The EPA said that the recent drop in oil prices could mean that construction of the pipeline… Keep reading →
Many large US oil producers have oil price hedges in place through the beginning of 2015 or for the entire year that are helping blunt the impact of lower oil prices. Some companies may be able to cash in on well positioned hedges and use the funds to purchase new positions that can help weather… Keep reading →
Long viewed as a more expensive short-term solution to pipelines, it appears transporting crude oil via rail is likely to continue in conjunction with pipeline infrastructure. As North American oil production crept steadily higher over the past several years, the output surge overwhelmed existing pipelines and producers turned to railroads to move their product.… Keep reading →
Analysts and investors are trying to figure out the point at which oil prices fall too low for Venezuela to continue servicing its debt. The country’s export revenues are 95% oil reliant. “But this week’s fall in the oil price has further fomented worries of a possible default, pushing up Venezuelan bond yields to more than 18… Keep reading →
The dramatic shift in US energy supply-demand dynamics over the past several years is impacting markets and physical commodity flows in what seems like unlimited ways, with misaligned infrastructure one of the most pronounced. LNG import terminals retooled for liquefaction; millions of barrels of oil transported via rail; refineries configured to process heavy, sour imported… Keep reading →
With an almost eagle-eye-view of the Rocky Mountains from his office in Denver, Robert Attai advises clients on the emerging field of unmanned aircraft systems (UAS), otherwise known as drones. A partner in the law firm of Husch Blackwell, his clients sometime seek advice after acquiring a smaller firm that is using UAS in their… Keep reading →
Will it make a difference? Maybe. Certainly the fact that the Risky Business Project is fronted by a bipartisan and big-money bunch gives a high-profile twist to the U.S. climate-change discussion, at least in the short term. Led by former Treasury Secretary Hank Paulson, ex-New York Mayor Michael Bloomberg and hedge-fund billionaire Tom Steyer, the… Keep reading →
This morning, the Environmental Protection Agency (EPA) proposed a plan to cut carbon pollution from power plants. EPA’s proposal — called the Clean Power Plan — will cut carbon pollution from the power sector 30 percent by 2030, equivalent to the carbon pollution of two-thirds of all cars and trucks in America. Reducing carbon pollution is a key goal… Keep reading →
