Last week, after legislators returned from an election where some campaigned heavily on energy-related issues like the Keystone XL Pipeline, the Republican-controlled House of Representatives again voted to send legislation approving that project to the President’s desk. Then, the outgoing Democratic Majority in the Senate also took action, though it failed to reach the 60-vote… Keep reading →
The Organization of Petroleum-Exporting Countries (OPEC) is facing a “shale-tinged” reality and needs a “wake-up call,” energy analysts have warned. Analysts in Citi’s commodities research team warn that the shale gas and oil revolution in the U.S. has been ignored for too long by OPEC, the powerful group of 12 global oil producers, and it… Keep reading →
US gasoline prices are at their lowest level since 2009 – $2.81 per gallon according to AAA – which could boost the number of holiday travelers and shoppers. “That could mean what is typically the busiest travel day of the year in the United States could get even busier — AAA estimated that 46.3 million… Keep reading →
Energy Department Authorizes Freeport LNG to Export Liquefied Natural Gas WASHINGTON – The Energy Department announced today that it has issued two final authorizations for Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the… Keep reading →
The energy industry is in the midst of a digital renaissance, thanks to the union of mobile devices and real-time intelligence. The latter enables providers of propane, butane and home heating oil to streamline operations, save money and transform the way they do business. I refer, specifically, to that elusive ideal known as – that… Keep reading →
FERC proposes to establish a framework that allows pipelines to use surcharge or tracker cost-recovery mechanisms to accelerate system improvements associated with new safety and environmental compliance regulations.
On November 20, the Federal Energy Regulatory Commission (FERC) issued a proposed policy statement setting forth guidance that, if adopted, would permit natural gas pipelines to use cost trackers or surcharges to recover certain costs that pipelines incur in connection with facility and infrastructure upgrades undertaken in response to regulatory requirements.[1] Comments will be due within 30 days of the date the notice is published in the Federal Register.
Oil market observers will take a break from their Turkey preparations this Thursday to see whether Opec producers decide to cut oil output in a bid to stabilize prices. The meeting being held in Vienna will be long over by the time folks in the US sit down to Thanksgiving dinner. But there is no… Keep reading →
The world is constantly and almost instantaneously transforming right before our eyes. Given the complexity and interconnectedness of resulting emerging challenges it is advisable for policymakers to attempt to get ahead of the curve. This is exactly what the World Economic Forum’s “Outlook on the Global Agenda 2015” is envisioned to offer to a broad… Keep reading →
For months we’ve been pointing out the brokenness of the Renewable Fuel Standard (RFS), the federal law requiring ever-increasing use of ethanol in the nation’s fuel supply. We’ve written about the impending “blend wall,” the point where the RFS would require blending more ethanol into gasoline than could be safely used as E10, potentially putting motorists at risk… Keep reading →
In recent months, spot prices for uranium have rebounded. It’s a welcome relief to uranium miners, who have dealt with plunging prices since 2007 (and again after the tsunami and subsequent nuclear disaster in Fukushima, Japan). The rise in prices hasn’t been enough to propel a renaissance in the uranium mining industry, but some companies… Keep reading →
