The Latest

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’

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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

Electricity Network Congestion Pricing: Italian Power Exchange

By Alberto D’Antoni

italy power prices1

The first and probably the most relevant constraint to electricity markets is transmission grid capacity. Despite the liberalization of the sector, in many countries congestion continues to be a hindrance for competitive prices. Italy is one such country. Data on day-ahead market prices show a decrease in the last few years which has been principally driven… Keep reading →

 /  Published January 26, 2015 at 1:00 PM

Is Wall Street Overlooking NGL Price Impact on US Oil & Gas Producer Earnings?

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Singapore's Shipping Port Records Strong Growth In 2013

When supplies of dry US natural gas swelled several years ago as companies honed their shale resource development skills, gas prices dramatically declined hitting a low of about $2 per million BTU. This caused natural gas producers to shift drilling operations into more liquids-rich areas and adjust their production more toward oil, which fetched higher… Keep reading →

 /  Published January 26, 2015 at 12:00 PM

Can Your Dishwasher Spy on You?

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Newest Innovations In Consumer Technology On Display At 2014 International CES

Courtesy of the team at Jones Oil

 /  Published January 26, 2015 at 10:00 AM

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

Fall into Savings with a Tax Credit-Eligible Energy System

By U.S. Department of Energy

solar home 800x400

When it comes to your home’s energy, foremost in your mind may be preparing for winter weather—and it should be! But if you have ever considered adding a geothermal heat pump, a small wind turbine, a solar energy system, or a residential fuel cell and microturbine system to your home, now is also a good… Keep reading →

 /  Published January 23, 2015 at 5:00 PM

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 Quote of the Day: ‘Grid Operators are Now Seeing Overgeneration’

By Edward Dodge

California Continues To Lead U.S. In Green Technology

Gov. Jerry Brown of California has proposed ambitious new targets for increasing the quantity of renewable energy in state’s electric grid to 50% by 2030 from the current target of 33% by 2020. California is a leader in renewable power production and is already running into technical challenges managing the overproduction of renewable power. Four… Keep reading →

 /  Published January 23, 2015 at 3:00 PM
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