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 →
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We will never sell or share your information without your consent. See our privacy policy.Happy New Year, and welcome to the 114th Congress! As Congress returns this month to a changed political landscape with the Republican Party now in control of both the House of Representatives and the Senate, ML Strategies is pleased to continue our tradition of offering an Outlook for the new Congress. In addition to the… Keep reading →
Keeping PACE in Texas: Revitalizing Industry, Saving Water, Guiding Better Policy
By Environmental Defense Fund Energy Exchange BlogAs the Texas legislative session begins ramping up, I am reminded of smart policies from sessions past that holistically benefit Texas, had bipartisan support, and brought unlikely allies together. As we head into the session, it’s important to remember that no matter which side of the aisle you are on, clean energy solutions make sense… Keep reading →
Energy News Roundup: Oil Price Decline Hurts ISIS, Saudi GDP Growth Down & Ontario Smart Meters Removed Over Safety Concerns
By Jared AndersonIn its goal of pursuing statehood, the Islamic State became an oil state at the worst time. When international oil prices were trading closer to $100/bbl, it’s estimated that IS could have been making $6 million a day from black market oil sales. The oil price decline is altering the way IS conducts its business… Keep reading →
From low gas prices to growth in renewable energy sources like wind and solar, energy featured prominently in President Obama’s sixth State of the Union address. From the way we produce energy to how we use it in our homes and businesses, the President laid out key ways that he plans to fight climate… Keep reading →
IRS Specifies Performance and Quality Standards For Small Wind Turbines
By David Burton | Akin Gump Strauss Hauer & Feld LLPThe fallout from declining oil prices continues materializing on a daily basis – several companies announced workforce reductions this week – and Baker Hughes is one of the latest to make that difficult decision. “This is what I hate about this industry, frankly, is these brutal cycles we have to go through,” said Martin Craighead, chief executive… Keep reading →
The ISIS Fight and the State of the Union Address
By James Jeffrey, David Pollock, Robert Satloff & Andrew TablerFour Washington Institute fellows discuss what the president’s address shows about his priorities in the Middle East, analyzing what he did and did not say and comparing his latest remarks to his past speeches. JAMES JEFFREY In his State of the Union speech, President Obama had the opportunity to educate the American people on the… Keep reading →
New Study: Breaches of ‘Planetary Boundaries’ Jeopardize Environmental Sustainability
By Roman KilisekFour of nine ‘planetary boundaries’ have now been breached as a result of human activity and not natural variability, says a new research paper published in the journal Science entitled “Planetary boundaries: Guiding human development on a changing planet”. The ‘planetary boundaries’ framework was first introduced in 2009 by an international group of scientists led… Keep reading →
EPA Methane Rule Would Set Costly Bar for Oil and Gas Industry, Despite Current Reduction Efforts
By Enerknol ResearchThis Summer, the EPA will propose rules to more widely require REC technologies to reduce methane emissions from oil and gas wells 40-45 percent by 2025. EPA Regulations Could Add Costs to Constrained Industry On January 14, 2015, the Environmental Protection Agency (EPA) outlined measures to reduce methane emissions and volatile organic compounds (VOCs) in… Keep reading →