Politics

Oil Prices Rise After Death of Saudi King

By Joseph Atiyeh | Baker Donelson

Defense Secretary Robert Gates Travels To Mideast

Oil prices surged following Saudi Arabia’s Royal Court announcement of the death of King Abdullah on Friday. Brent crude climbed as much as 2.6 percent, while West Texas Intermediate jumped 3.1 percent, following the announcement. It is yet to be seen whether Saudi Arabia, OPEC’s largest oil producer, will change its policies with respect to its oil output, but many analysts do not expect Saudi’s oil policies to change with the crowning of King Abdullah’s half-brother, Crown Prince Salman. In fact, Bloomberg reports that King Salman announced he will maintain the policies of his predecessor and that Saudi Oil Minister Ali Al-Naimi will remain in his post.

 /  Published January 27, 2015 at 4:00 PM

Another Step Forward for Demand Response, FERC Order 745 Case

By Environmental Defense Fund Energy Exchange Blog

supreme-court-544218_640-300x240

Over the past several months, we’ve been providing updates on the ongoing litigation surrounding Order 745 – a vital, federal rule on demand response. As a low-cost, environmentally beneficial resource, demand response relies on people and technology, not power plants, to manage stress on the electric grid during periods of peak energy demand. Simply put,… Keep reading →

 /  Published January 27, 2015 at 2:00 PM

News from Second and State | January 2015

By Buchanan Ingersoll & Rooney PC

Washington Landmarks Begin To Re-Open As Government Shutdown Ends

The 2015-2016 session is now in officially in full swing. With the pomp and circumstance of Governor Wolf’s swearing in behind them, legislators started to get down to the nitty-gritty this week. The first order of business was committee reorganization; members were given their assignments, and committees held their inaugural meetings to adopt rules for the upcoming session. Between Wednesday and Thursday, some of the committees met to report out substantive legislation, with most of the action happening in the Senate.

 /  Published January 26, 2015 at 4:00 PM

Energy Quote of the Day: ‘Declaring War on Alaska’s Future’

By

Arctic National Wildlife Refuge Eyed for Oil Drilling

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 →

 /  Published January 26, 2015 at 3:08 PM

Senate Amendment to Repeal RFS Corn Ethanol Mandate

By Enerknol Research

Illinois Plant Produces Alternate Fuel

An amendment to the Keystone XL Bill aims to eliminate the corn ethanol mandate in the Renewable Fuel Standard. On January 16, 2015, Sens. Dianne Feinstein (D-CA) and Pat Toomey (R-PA) introduced the “Corn Ethanol Mandate Elimination Act of 2015” as an amendment to the Keystone XL Pipeline Act (S1) introduced on January 6.  The… Keep reading →

 /  Published January 26, 2015 at 2:00 PM

Energy News Roundup: U.S. Gasoline Price Drop Diminishing, Exelon-Pepco Merger, Pres. Obama Visits Saudi Arabia

By Conor O'Sullivan

U.S. Gas Prices Hit A New Record At $3.79 A Gallon

The down surge in U.S. gasoline prices following the fall in global oil prices may finally be abating, according to Lundberg Survey Inc. “Prices are $1.2422 lower than a year ago, according to the survey, which is based on information obtained at about 2,500 filling stations during the two weeks ended Jan. 23 by the… Keep reading →

 /  Published January 26, 2015 at 6:00 AM

Falling Oil Prices Ignite Concern Over Bakken Crude

By Joseph McGovern | Obermayer Rebmann Maxwell & Hippel LLP

Oil Boom Shifts The Landscape Of Rural North Dakota

Gasoline prices have been falling steadily for months. Now a gallon may be purchased for substantially less than three dollars in many regions of the country. That’s welcome news for consumers, but environmentalists, regulators and first responders have been asking whether there are risks associated with this happy development that may not be obvious and which should be addressed.

 /  Published January 23, 2015 at 4:00 PM

Energy Rhetoric vs. Action

By Energy Tomorrow Blog

US President Barack Obama receives appla

In a State of the Union address that mostly skimmed over energy issues – remarkable, given the generational opportunities stemming from America’s ongoing energy revolution – President Obama still underscored the yawning disconnect between his all-of-the-above energy rhetoric and his administration’s failure to put that rhetoric into action. Talking about the need for infrastructure investment,… Keep reading →

 /  Published January 23, 2015 at 2:00 PM

EU Energy Union: Fault Lines Emerge Between Pivotal Member States’ Design Proposals

By Roman Kilisek

Prime Minister David Cameron Tries To Take A Harder Line with Europe

Ahead of the new European Commission’s highly anticipated publication of “proposals on a more closely-linked single energy market” in the first quarter of 2015 as part of a drive to loosen Europe’s energy dependence on Russia, leaked non-papers drawn up by governments of EU member states on the topic are being circulated in Brussels, according… Keep reading →

 /  Published January 23, 2015 at 12:11 PM

Why Saudi Succession Isn’t a Big Deal for Oil

By Mia Tahara-Stubbs

Defense Secretary Robert Gates Travels To Mideast

News that Saudi King Abdullah bin Abdulaziz Al Saud passed away sent oil prices sharply higher on Friday, but analysts dismissed the move as a knee jerk reaction, noting the recent trend remains intact. “It’s not an extraordinary move in oil prices, given the recent volatility and turmoil in the oil markets,” said Michael Levi,… Keep reading →

 /  Published January 23, 2015 at 11:36 AM
Page 91 of 1341...878889909192939495...134