US Government

Obama Makes Statement On Fiscal Cliff Negotiations

President Obama today signed a Memorandum directing the Federal Government to consume 20 percent of its electricity from renewable sources by 2020 – more than double the current level. This comes as the latest move in the president’s Climate Action Plan announced in June 2013. “As part of the President’s commitment to expanding renewable energy production… Keep reading →

Price Of Oil Rises As Iran Possibly Halts Exports To Some EU Countries

A government shutdown that lasts only a few weeks should have limited impact on the operations of oil and gas companies, such as drilling, plant construction, and other ongoing operations. A longer-term shutdown could be more debilitating, delaying progress on regulatory requirements, such as new permits, or environmental impact studies. Short-term impacts could be much… Keep reading →