News

February 17, 2014

The economics of shale oil

The benefits of shale oil are bigger than many Americans realize. Policy has yet to catch up.

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February 05, 2014

GOP threatens bill to expand gas exports

House Republican leaders issued a report February 3 calling on the Obama administration to open the global market for US liquefied natural gas exports (LNG), warning they will act if the Energy Department does not. 

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February 05, 2014

Energy panel’s new power duo open to bill lifting crude export ban

Sens. Mary Landrieu (D-LA) and Lisa Murkowski (R-AK) say they are ready to propose legislation that would lift a decades-old ban on crude oil exports if President Obama doesn't take action.

Landrieu will soon take the gavel of the Senate Energy and Natural Resources Committee, which Murkowski sits on as the ranking Republican.

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February 05, 2014

Agency extends comment deadline regarding lesser prairie-chicken plan

People will have more time to comment on a possible rule regarding the proposed listing of the lesser prairie-chicken as a threatened species.
 
The Fish and Wildlife Service published notice Wednesday in the Federal Register that it will extend the time to comment on a proposed special rule accompanying the proposed listing under the Endangered Species Act.

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February 05, 2014

Texas crude oil shipments from Corpus Christi port near 400,000 bpd

Crude oil shipments out of the busy West Texas port of Corpus Christi hit 394,000 barrels per day (bpd) in November as several new docks came online, data released by the port showed February 4th.

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January 30, 2014

Sen. Landrieu is ‘certain there will have to be’ a bill to lift crude export ban

This year might be the perfect time for the soon-to-be chairwoman to propose a bill lifting the crude oil embargo, as she will have support from ranking member Sen. Lisa Murkowski (R-AK) and a number of other Republicans on the committee.

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January 30, 2014

Obama touts ‘responsible’ energy development measures, climate goals

President Barack Obama told lawmakers on Tuesday his energy strategy had boosted the economy and reduced carbon emissions, but he did not address the question of whether he will approve the politically charged Keystone XL oil pipeline.

In his annual State of the Union address, Obama touted the role natural gas had played in cutting US greenhouse gas emissions and creating jobs.

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January 30, 2014

Fracking saved me 425-dollars last year

I've seen first-hand the positive effects that natural gas fracking has had on my wallet. My heating and electric bills have been heading lower for years. One study that I read said that the average American household was saving $425 to $725 per year all because of fracking. That same study suggested that total cost savings could reach an average of more than $1,200 per household by 2020 as natural gas replaces more coal and oil. This personal impact on my wallet is one reason why I've long been a supporter of the controversial process.

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January 23, 2014

US oil demand growth outstrips China in 2013, says IEA

US demand for oil grew by more than China’s last year for the first time since 1999 according to the International Energy Agency, in a startling indication of how abundant energy supplies are driving an economic resurgence in the US.

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January 23, 2014

Oil coalition opposes North Dakota’s ‘extraordinary places’ drilling rules

The ROPE Coalition claims that as many as 10,000 proposed well sites may be off-limits under the proposed rules, warning that "North Dakota's economic miracle is in jeopardy."

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