Energy Independence For States
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Fracking Brings Jobs and Opportunity Despite Negative Image.
By Tony Shan | February 4, 2013 Counties near Durham inch closer to fracking. Since the North Carolina legislature approved hydraulic fracturing, more commonly known as fracking, in July 2012, state representatives have debated how to move the process forward. This map depicts the natural gas deposits (brown) in the Durham area that may be … Continue reading
Daily News
AP | By KEVIN BEGOS PITTSBURGH (AP) — It sounds like a free-market success story: a natural gas boom created by drilling company innovation, delivering a vast new source of cheap energy without the government subsidies that solar and wind power demand. “The free market has worked its magic,” the Barnett Shale Energy Education Council, … Continue reading
T.V. Program Special Hosts Prominent Washington Insiders to Debate Obama, Romney Energy Plans By Platts Although both claim to favor an “all of the above” strategy for establishing energy policies and achieving energy independence, President Barack Obama and Republican challenger Mitt Romney have very different approaches, experts said during a special U.S. presidential campaign edition … Continue reading
By Saabira Chaudhuri Unit Corp. (UNT) has agreed to acquire oil and natural gas assets from Noble Energy Inc. (NBL) for $617.1 million in cash, significantly increasing its acreage and allowing it to grow its production in the oil and natural gas liquids-rich Anadarko Basin
By Zachary R. Mider and Joe Carroll Chesapeake Energy Corp. (CHK) (CHK), the U.S. energy explorer facing a $22 billion cash shortfall because of falling natural-gas prices, agreed to sell its pipeline interests to Global Infrastructure Partners for more than $4 billion.
By Rob Moritz Arkansas News Bureau LITTLE ROCK — If work on the Keystone XL oil pipeline does not begin soon jobs could be in jeopardy at a Little Rock plant that makes pipe for the project, two of Arkansas’ Republican congressmen warned here today.
Mitt Romney is vowing to approve TransCanada‘s Keystone XL pipeline on his first day on the job if elected U.S. president in November.
By Kristen Wyatt, Associated Press DENVER – Western state officials took turns bashing the federal government Wednesday at a congressional field hearing on proposed nationwide drilling rules on hydraulic fracturing.
By EDWARD WELSCH CALGARY, Alberta—TransCanada Corp. TRP -0.58% submitted a reroute of its Keystone XL oil pipeline to the Nebraska state government Wednesday, moving a step closer to reviving the project after it was rejected by the U.S. government earlier this year.
By Laylan Copelin Americans are concerned about jobs and the money they are spending on energy, according to a University of Texas poll of consumer and voter attitudes about energy.
By Former Rep. J.C. Watts, Jr. President Obama recently got a look at what his failed energy policies are doing to America and I hope he fully appreciates that he does have the power to change things for the better.
By DANIEL GILBERT and RUSSELL GOLD States hoping to capitalize on their energy booms are running into resistance from local officials who want to be able to police the noise and industrialization that accompany oil-and-gas drilling.
Written by – Brian Gadd ZANESVILLE — Jobs in connection with shale oil and gas development in the area already are starting to perk up in advance of Halliburton breaking ground in April on 178 acres in the EastPointe Business Park.
Greater Use of Texas Natural Gas for Power Generation Will Create Jobs, Boost Economy
By: Larry Kudlow – CNBC Anchor No matter how much President Obama protests, the simple fact is that he continues to oppose and mock and disparage oil and gas drilling. He is a prisoner of the environmental left, and he remains on the wrong side of energy history.
by Kirk Siegler Economists say many industries are looking up this year. But perhaps none has a better outlook than the energy sector.
In remarks to reporters this morning, API’s Vice President for Regulatory and Economic Policy Kyle Isakower said a wave of possible new federal rules on shale oil and natural gas development could threaten its expansion and the increased jobs and revenue it promises to generate:
By Siobhan Hughes House Speaker John Boehner (R., Ohio) and Senate Minority Leader Mitch McConnell (R., Ky.) on Wednesday sounded an unusually optimistic note after meeting with President Barack Obama, saying they came away feeling they could find common ground on energy and jobs policies.
By John Parkinson @jparkABC Before ending his news conference this morning at the Capitol, House Speaker John Boehner vented his frustrations over record gasoline prices, calling on the president to present his own written proposal for an energy plan and blaming “radical environmentalists” for standing in the way of a national energy policy.
Jennifer Bendery jen.bendery@huffingtonpost.com – WASHINGTON — The White House is throwing its support behind a decision by TransCanada to build a portion of the Keystone XL pipeline, even though the project will result in more oil going overseas and potentially higher gas prices.
Dave Montgomery The Fort Worth Star-Telegram AUSTIN — The politically volatile Keystone XL pipeline is becoming embroiled in a widening controversy in Texas
VARNEY: Pennsylvania Republican Congressman Tim Murphy with me now. Congressman, you heard what the president’s got to say, that we’re producing more oil now than we have in at any time in the last eight years and he wants to expand domestic production even more. Are you buying that?
By BRIAN “DOUG” DEEKEN Wayne County Young Republicans The economic benefits of extracting natural gas via hydraulic fracturing or “fracking” absolutely outweigh the trumped up environmental concerns.
by Gerry Calhoun With each new discovery of astounding amounts of natural gas or petroleum derived from shale comes renewed concern for the environmental impact of hydro-fracking (HF).
By Jim Malewitz, Stateline Staff Writer Natural gas has been good to Wyoming. The discovery of large shale deposits in the early 2000s put Wyoming at the center of a new energy boom in the West, bringing enough jobs to keep unemployment low
Music video by Dierks Bentley performing Home. (P) (C) 2011 Capitol Records Nashville. All rights reserved. Unauthorized reproduction is a violation of applicable laws. Manufactured by Capitol Records Nashville, 3322 West End Avenue, 11th Floor, Nashville, TN 37203
Austin: A University of Texas study says there’s no direct link between groundwater contamination and a controversial process to extract oil and gas known as fracking.
The House is expected to vote as early as Thursday on a Republican bill that would allow oil drilling off Florida’s Gulf coast to help finance a five-year highway bill.
Tommy Merritt joined Republicans from all across the State of Texas in demanding that the President immediately allow plans for the construction of the Keystone Pipeline.
China will get the oil from Canada that could have come to the U.S. By RICK PERRY Canadian Prime Minister Stephen Harper was in Beijing recently signing an agreement and touting his country’s growing energy partnership with China.
· “The ongoing jobs revival” in America is being “stoked by cheap [natural gas]” · PA small business owner: “I’m not sure we’d be here if it wasn’t for [the natural gas industry]”
By Brian A. Shactman, CNBC.com The oil rush in North Dakota has it all. Billions of dollars. Thousands of jobs.
Robert Bradley Jr., Contributor Forbes In recent weeks, President Obama has cranked up his commitment to federal subsidies for “green” energy in the face of accumulating defaults by the politically connected companies.
The argument that renewable energy should be favoured because it will create “green jobs” – a view held by environmental groups, policymakers and companies in the renewables sector – is trumping economic logic and leaving consumers out of pocket.
By David Lee Smith, The Motley Fool Under President Barack Obama, while we still lack a formal energy program that’s been developed in Congress, there’s little question that we’re now operating under a de facto energy program
A new liquefied natural gas (LNG) fueling station built, owned and operated by Clean Energy Fuels Corp. (Nasdaq:CLNE) has opened in Seville, Ohio
Written by Anne Paine The Tennessean Piedmont Natural Gas plans to build a 13.5-mile pipelinewith a preliminary route charted through some of the most high-priced neighborhoods in town as well as the popular Radnor Lake State Natural Area.
Eric Wesoff We add Santorum’s energy policy ideas to the mix. Last month we published an article on the energy policies of Mitt Romney and Newt Gingrich, the clear front-runners in the GOP at that time.
By Peter Orsza The U.S. oil market could be on the verge of its own fracking revolution, similar to what the natural-gas market is already experiencing.
By Rich Miller, Asjylyn Loder and Jim Polson – Bloomberg The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession
A handful of liquefied natural gas export facilities proposed for Canada’s Pacific Coast could spark a round of acquisitions and new joint ventures as the projects’ backers look to secure sufficient natural gas supplies to fill their facilities
By Mike Lee and Jeremy van Loon Kinder Morgan (KMP) Inc., which this year will become the largest U.S. pipeline company after its $20.7 billion purchase of El Paso Corp. (EP)
By Christopher E. Smith – Pipeline Editor Planned pipeline construction to be completed in 2012 rose 6.7% from the previous year, with increases in planned crude and natural gas pipelines more than countering sharply reduced products pipeline construction plans.
CBS Denver - Natural gas vehicles are not yet as common as more traditional uses of the fuel like gas-powered furnaces, stoves and water heaters.But Oklahoma Gov. Mary Fallin and Colorado Gov. John Hickenlooper have launched an initiative to increase the use of natural gas vehicles
Consumer Energy Alliance (CEA) will co-host the 2012 Colorado Election Energy Summit. The first of its kind event, also sponsored by the Colorado Oil & Gas Association and the Colorado Farm Bureau
Oil prices surged after today’s non-farm payrolls report from the Department of Labor came in well ahead of forecasts.
Louisiana’s current 3rd Congressional District is home to 27,954 direct maritime industrial jobs that support thousands of additional workers both directly and indirectly.
By: Richard Craver | Winston-Salem Journal Duke Energy will hold a job fair from 10 a.m. to 2 p.m. today for apprentice line service workers in its Carolinas service area.
MICHAEL J. MISHAK SACRAMENTO, Calif — SACRAMENTO, Calif. – Late last year, California Gov. Jerry Brown pushed for a top state regulator to ease key requirements for companies seeking to tap California’s oil.
by Robert Rapier Refinery Closures and the Keystone Pipeline There have been several announcements in recent months of refinery closures that will likely impact gasoline supplies (and prices) on the East Coast.
Lawrence S. Katz / Toms River Should our president allow environmental lobbyists to influence or dictate this nation’s energy policy?
Worth Reading
- By Ben Geman Montana Gov. Brian Schweitzer (D) is expressing frustration with the debate in Washington over the Keystone XL pipeline, which he strongly supports. “Ninety per cent of these jackasses that are complaining about the Keystone pipeline in Washington, D.C., (more…)
- Europe may be getting its act together to impose austerity, but there are no concrete proposals to promote growth. (more…)
- By Alison Vekshin(Bloomberg) -- At least nine U.S. governors, vying for jobs to heal the workplace losses of the recession, have taken advantage of improving budgets to propose tax breaks to entice new employers or company expansions in their state-of- the-state addresses. (more…)
- http://youtu.be/EOK7ZjvhgDg Americans are voting to reenergize America by increasing access to domestic energy resources, like oil and natural gas. Energy policy that supports developing America's own resources will increase job creation and energy security. For more information, visit http://www.vote4energy.org.
- Obama spurns jobs (more…)
- Elana Schor, E&E After a week that saw President Obama and a conservative group backed by the Koch brothers trade multimillion-dollar jabs over energy jobs on the airwaves of six states, one thing is clear: The 2012 election's environmental narrative is taking shape fast. (more…)
- Anthony Swift The Speaker of the House John Boehner has just announced that he plans to hold payroll tax cuts and unemployment benefits hostage to a bill that would rubber stamp approval of the Keystone XL tar sands pipeline. This legislation, proposed by Rep. Lee Terry (Neb.), is nothing like the bill the House voted on in the summer. Rather than requiring an expedited decision by the Administration, Terry’s new bill would require automatic approval of Keystone XL in thirty days, giving the Federal Energy Regulatory Commission (FERC) authority to permit (but not decline) a Presidential permit. (more…)
- John McArdle, E&E reporterJust when you thought the controversy over Solyndra might be dying down, along comes House Oversight and Government Reform Chairman Darrell Issa (R-Calif.) to keep the issue square in the spotlight. Nine months after the House Energy and Commerce Committee kicked off its investigation into what was then a little-known California solar energy company, Issa is in the early stages of what he is calling a wider probe of political interference in the federal grant and loan application process. (more…)
- Erika Johnsen Since the Obama administration seems to do everything in its power to stonewall the domestic energy industry, including weak non-decisions like the Keystone pipeline, keeping up a virtual drilling moratorium, and creating-then-promptly-losing "green" jobs, it doesn't surprise me in the slightest that the President is starting to lose some traction among blue collar workers. From a new CNN/ORC poll: (more…)
- With Keystone XL delay, America continues its slow economic strangulation By Charles Campbell In 1969, three unrelated events occurred that have since been combined with political bungling to slowly strangle the U.S. economy. Moammar Gadhafi overthrew King Idris of Libya. He nationalized Western oil company reserves with no retribution from the U.S. Sensing our weakness, all of the other OPEC nations abrogated their concession agreements with U.S. companies. The Arab producers cut back production and embargoed the U.S. because of our support for Israel. Middle East despots have been in the driver's seat ever since, and as the Arab Spring seems increasingly likely to empower Islamists, things are unlikely to get better. (more…)
- By Steve Gates On the presidential campaign trail, throughout Capitol Hill, and in your neighborhoods there’s been a lot of discussion and debate on how America should move forward with energy policy. Currently, a lot of those discussions center around whether or not proposed EPA regulations would affect our economic and energy security. Within that discussion and debate, there have been a lot of myths tossed around about proposed EPA regulations. We want to lay out the facts about how these potential rules would affect Americans. (more…)
- One on One By Maria Bartiromo The GOP debates have had a similar ring to them, with candidates blaming high unemployment on heavy regulation and expensive policies from Washington. After co-moderating the CNBC debate, I turned to Tom Donohue, who as head of the Chamber of Commerce, the pre-eminent pro-business lobbying organization in the U.S., is seen as the voice of Corporate America. I asked him what's holding back business from hiring. As an example of a major potential for job creation, he pointed to the Keystone XL pipeline, which last week said it may be able to win approval in six to nine months as its parent, TransCanada, negotiates with Nebraska and U.S. officials about a new route. Our conversation below is edited for clarity and length. (more…)
- Shipping our oilsands bitumen to Texas and Oklahoma through the $7 billion Keystone XL pipeline may be in doubt after the U.S. State Department announced an environmental review of alternative routes for the project. This puts the pipeline on temporary hold, jeopardizing thousands of potential U.S. jobs, until well into 2013. Critics are savaging President Obama over the move, which amounts to shoring up the liberal swing vote in the lead-up to the 2012 presidential election. (more…)
- By COREY BOLES WASHINGTON—House Republicans said Thursday they want to expand U.S. domestic energy production and use the increased federal royalties to pay for more bridge and highway repairs and construction—a plan that appears aimed at wrestling control of the jobs debate away from Democrats. The proposed legislation would open up more offshore drilling for oil and natural gas, establish clear rules for the extraction of oil from shale rock and open up a small portion of the Arctic National Wildlife Refuge to exploratory drilling. (more…)
- By Lee-Anne Goodman WASHINGTON - American environmentalists admit TransCanada made a major concession by rerouting its proposed Keystone XL pipeline, but insist they'll keep trying to prevent the controversial oilsands project from ever being built. After months of standing by the chosen route, Calgary-based TransCanada did a prompt about-face on Monday, offering to skirt the Sandhills area of Nebraska — home of a massive aquifer that provides drinking water to millions on the Great Plains. (more…)
- Earlier this month, the Texas Public Policy Foundation officially launched the "Free American Energy Now!" campaign, a partnership with Salem Radio Network to increase public awareness of the ways in which federal environmental policy is impeding American economic recovery and energy independence. (more…)
- President Obama is doing his best to blame his bad economic record on his Republican opponents. By Raymond Richman and Howard Richman He has a proposed bill, the American Jobs Act, which would supposedly create jobs, so he bashes Republicans at every opportunity for not supporting it. Meanwhile, his potential Republican opponents have some much better alternatives that would create huge numbers of jobs without costing the federal government a dime. (more…)
FT Commodities News
- Oil inquiry widens to trading housesThe European Commission has days sent requests for information to Swiss-based commodities traders Glencore, Vitol and Mercuria, and possibly others
- Anadarko executive to lead ChesapeakeAs new head of the US gas producer, Doug Lawler will face a tough agenda of strengthening the group’s finances while still investing in production
- Gold tumbles as silver hits 2½-year lowThe grey metal falls to the lowest level since September 2010 in early Asian trading, amid thin trading volumes
- Iron ore prices fall to five-month lowDip in prices will weigh on profitability of the mining industry as iron ore has been one of the mined commodities to have outperformed expectations
- Greenpeace sounds alarm on oil groupsThe Platform report alleges that Gazprom and Rosneft partnerships still conceal dangers that could have big ramifications for the western companies
- Essar Oil to trade fuel for Chinese loansAnalysts say the move is set to be the first of many agreements in which Indian companies develop creative arrangements to obtain cheap Chinese funds
- ENRC lowball bid looks good, analysts sayProposed offer from ENRC‘s founding shareholders and Kazakhstan has been rejected as ‘materially undervaluing’ the London-listed miner
- Listen to what gold is really telling usGold is like Apple or Facebook – a powerful brand whose valuation has become completely divorced from its intrinsic attributes, says Mohamed El-Erian
- Tough oil pricing ahead, says Eni chiefPaolo Scaroni, chief executive, says sluggish demand and new supply coming on to the market means the price of crude was ‘more likely to go down’
- Tougher times for trading titansTrading houses’ profits have been falling as the industry faces rising competition, transparency and an adverse trading environment
Consumer Energy Alliance
- Keystone XL By The NumbersThe U.S. State Department finishes this week collecting public reaction to their draft environmental statement on the Keystone XL pipeline it issued in March. Consumer Energy Alliance is a strong advocate for advancing the KXL pipeline as part of an “all of the above” American energy plan. Along with its state based partners, CEA [...]The post Keystone XL […]
- Oil & Gas Producers Join Truckers for Improved Road SafetyConsumer group helps form industry taskforce to improve collaboration and safety HOUSTON, April 23, 2013 – Oil and gas companies have joined forces with the trucking industry to promote improved road safety and traffic management in heavily travelled producing areas like the Eagle Ford in south central Texas, the Marcellus region in the Northeast and [...]Th […]
- Build the Keystone XL Pipeline; CEA and AIF Say “We Need it Now”~ Consumer Energy Alliance and Associated Industries of Florida gather more than 27,000 comments from Floridians supportive of the pipeline~ TALLAHASSEE, Fla. – Consumer Energy Alliance (CEA), in partnership with Associated Industries of Florida (AIF), recruited 27,787 Florida residents who petitioned the U.S. Department of State to approve construction of […]
- CEA: State Department Should Approve Keystone XL for Economic & Security BenefitsCEA today urged the Obama Administration to swiftly approve the Keystone XL pipeline given the large economic and national security benefits the project will provide. GRAND ISLAND, NE – Michael Whatley, Executive Vice President of Consumer Energy Alliance, provided comments supporting the construction of the Keystone XL Pipeline today at the U.S. State Depar […]
- Report Card Shows Safety of Offshore Drilling Greatly IncreasedReport card highlights the significant advancements achieved in offshore development by the oil and natural gas industry which are protecting our environment and helping the U.S. economy advance. HOUSTON, TX – Today, the Oil Spill Commission Action Project released its second report card, which outlined the progress that the Obama Administration, Congress an […]
- Consumer Energy Alliance Welcomes New Member: Northrim BankHOUSTON–Consumer Energy Alliance (CEA) is pleased to welcome Northrim Bank as its newest affiliate member. Northrim is highly engaged in the Alaska economy, both as a respected banking and financial institution, and providing economics education to public officials, the public at large, and civic and business organizations. Energy production and consumption […]
- Texas Railroad Commissioner David Porter Says Permian Basin is Key to U.S. Energy Self-SufficiencySpeaking at Midland forum, Porter touts Permian gains At a Thursday forum in Midland, Texas Railroad Commissioner David Porter said energy production from the Permian Basin is a key factor in Texas and U.S. energy independence. “If the United States achieves energy independence, it will be because of the Permian Basin,” he said The forum, [...]The post Texas […]
- Brett Vassey Joins Consumer Energy Alliance Board of DirectorsHouston, TX – Consumer Energy Alliance welcomes Brett A. Vassey, President & CEO of the Virginia Manufacturers Association, to its board of directors. “Long joined at the hip, energy and manufacturing are in a better position than ever to showcase America’s economic potential,” said John Heimlich, Chairman of CEA Board of Directors. “Brett’s experience […]
- CEA-Florida to Federal Government: Increased Offshore Energy Development Helps Consumers, Creates Jobs, Stimulates EconomyTechnological Advances Help to Minimize Impact on Environment TALLAHASSEE, Fla. – This week, Consumer Energy Alliance will participate at the public hearings in Tallahassee and Panama City Beach which are hosted by the Bureau of Ocean Energy Management (BOEM). BOEM has completed a draft environmental impact statement for two proposed oil and gas lease sales […]
- State Department Refutes Opponents Claim KXL Would Harm EnvironmentFollowing one of the most thorough and pragmatic project reviews in our nation’s history it’s time to move forward with the Keystone XL Pipeline HOUSTON, TX: The draft SEIS issued Friday by the State Department is the first formal step in the agency’s review of TransCanada’s permit application for the Keystone XL pipeline. CEA Executive [...]The post State […]
Free Enterprise
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ANGA.US
- ANGA Statement on DOE Authorization of Freeport LNG Terminal“While this is a positive step, we would like for the administration to pick up the pace of approvals so that the markets can decide which projects go forward. Experts ranging from the Energy Department, to the Brookings Institution, to Deloitte and others have all examined the potential impact of natural gas exports on our economy, and have identified a wid […]
- Weathering an Emergency with Some Help from Natural GasWhile millions of New Yorkers were left without power in the aftermath of Hurricane Sandy, New York University (NYU) was able to keep its buildings and facilities operating, using natural gas to produce a reliable source of electricity and heat through the process of cogeneration.Shortly after the storm passed, Matt Wald reported in a New York Times' Gr […]
- ANGA Statement on Release of BLM’s Hydraulic Fracturing ProposalBackground: Following is a comment from Amy Farrell, Vice President of Regulatory Affairs for America’s Natural Gas Alliance, on the release of hydraulic fracturing rules today by the Bureau of Land Management. “We are reviewing the BLM rules to determine how they will affect our members’ ability to produce this clean, abundant and affordable natural gas res […]
- All Aboard! Freight Rail Giant Testing Natural Gas-Powered LocomotivesJust how flexible is natural gas? Beyond powering your home heating systems, daily commute vehicles, long-haul trucks and ships at sea, America's own abundant natural gas is now being tested on the rail tracks. BNSF Railway Co., the largest railroad in the U.S. and a subsidiary of Berkshire Hathaway, will begin testing liquefied natural gas (LNG) as a l […]
- American Energy Powering American JobsThe word is out, and the international business community now sees the United States making investments, building factories and producing goods.A Washington Post article highlighted the trend, noting that the “plunging price of natural gas in the United States has European companies setting sail across the Atlantic to stay competitive.” Beyond powering our h […]
- Cleaner Transportation, Powered with Natural GasAll over the country, public transportation systems move hundreds of thousands of riders on a daily basis. These fleets represent a significant portion of public dollars, largely due to the unpredictable price of fuel. But now public transit systems can rely on a cleaner and more economical fuel – natural gas – thanks to our abundant domestic supply.Los Ang […]
- Demonstrating A Commitment to Transparency by ExampleANGA companies developing natural gas report the additives used in their hydraulic fracturing operations using the website FracFocus.org. Maintained by the Groundwater Protection Council (GWPC) and the Interstate Oil and Gas Compact Commission (IOGCC), this website serves as a public registry of hydraulic fracturing fluids with information on a well-by-well […]
- Family Farms, Growing and Sustaining, Thanks to Natural GasAcross the country, small family owned and operated farms struggle with the challenges in today’s economy. Whether it is the expense of a new tractor, the fluctuation of crop prices or the costs of raising livestock, the future of family farms that have been passed down from one generation to the next are now at risk in an economy where one bad season or poo […]
- Generating Cleaner, Affordable Power with Natural GasOur demands for power are continously growing. To meet expanding demand, electric utilities are turning to clean and American natural gas. Natural gas is cleaner for our environment, and it is an affordable source of power generation for both utility companies and ratepayers. Southern Company and the Tennessee Valley Authority (TVA) are two power generators […]
- Greater Natural Gas Use Brings Down Carbon EmissionsHere’s something to think about: the increased use of natural gas for generating electricity has reduced U.S. power sector carbon emissions to levels not seen since 1992.But don’t take our word for it. The U.S. Energy Information Administration, an independent arm of the U.S. Energy Department, made the finding. In fact, during the first five months of 2012, […]
Energy Tomorrow
- EPA and E15 TestingTime to set the record straight on EPA’s premature approval of E15 fuel for the marketplace – necessitated by EPA administrator nominee Gina McCarthy’s recent inaccurate and misleading responses to Senate questions about E15 testing. McCarthy was asked: “Was EPA aware of ongoing (Coordinating Research Council) testing on engine durability, fuel pumps and oth […]
- Rising U.S. Oil Supply and the Impact on Global MarketsIncreasing U.S. domestic production of oil matters. Energy Information Administration (EIA) chief Adam Sieminski had this analysis at an energy conference earlier this week (h/t Breaking Energy): “There’s a fairly significant, long-standing relationship between spare production capacity in OPEC and what the pricing environment is for oil. So the 2 million ba […]
- Energy Today – May 17, 2013Free Enterprise – Keystone XL: Real Benefits for the U.S. Sean Hackbarth notes Keystone XL pipeline developments this week: The House Transportation Committee advanced a bill that would allow construction of the full pipeline – the third congressional committee to do so; Canadian Prime Minister Stephen Harper was in New York City touting the project’s ben […]
- First Look: BLM’s New Fracking Rule ProposalAn early look at the Bureau of Land Management’s (BLM) proposed new rule governing hydraulic fracturing on federal and Indian lands shows the challenge of trying to create a new rule that doesn’t just add regulation on top of effective state rules already in place. Certainly, BLM’s aim with this rule, compared to a previous version, was to take hydraulic fra […]
- Study: No Groundwater Contamination from Arkansas FrackingThere’s no evidence of groundwater contamination from shale natural gas production in Arkansas’ Fayetteville play. So says a new study by a team of Duke University-U.S. Geological Survey scientists. Their key conclusions: "Our results show no discernible impairment of groundwater quality in areas associated with natural gas drilling and hydraulic fractu […]
- Energy Today – May 16, 2013Breaking Energy – Sieminski: U.S. Tight Oil Growth Helping Lower Global Crude Price U.S. tight oil production has helped to shave about $20-$25 per barrel from Brent crude oil prices, and continued output growth could further impact global pricing, says Energy Information Administration Administrator Adam Sieminski. E! Science News – Groundwater Unaffected […]
- Report: Big Job, Economic Numbers Would Accompany LNG ExportsKey findings in a new report by ICF International, analyzing the potential impacts of exporting U.S. liquefied natural gas (LNG): Jobs – Average net growth is projected to range from 73,100 to 452,300 between 2016 and 2035. ICF: This wide estimated range reflects the fact that the net job impacts will depend, in part, on how much “slack” there is in the econ […]
- Energy Today – May 15, 2013Washington Examiner – Fracking Could Create New Wealth for New York In a guest column, former Department of Labor Chief Economist Diana Furchtgott-Roth discusses the opportunities hydraulic fracturing could bring to New York state. “Using the Pennsylvania data to project fracking's effect on New York counties, I find that the incomes of those who live i […]
- Keystone XL and PossibilitiesLots to like in President Obama’s remarks earlier this week from New York: “When it comes to energy, not only have we been able to double our production of clean energy, but even in terms of traditional energy, we will probably be a net exporter of natural gas in somewhere between five and ten years. And so the idea of the United States being energy indepen […]
- Energy Today – May 14, 2013Energy Biz – Shale Gas Shifting Global Energy Map The global development of shale gas has the potential to boost worldwide natural gas supplies and help reduce market costs, writes Siemens Financial Services President Kirk Edelman. “For the U.S., the shale gas boom is still perhaps only a potential game changer, however, if realized, the economic benefits w […]
America’s Power
- ACCCE Statement in Response to the Confirmation of Ernest MonizCategory: Press RoomDate: Thursday, May 16, 2013 For Immediate Release: May 16, 2013 In response to today's confirmation of Ernest Moniz as U.S. Energy Secretary, ACCCE President and CEO Robert M. "Mike" Duncan released the following statement: "As America's leading power supplier, the coal industry looks forward to working with S […]
- New Analysis Shows EPA Rules Are Shutting Down Power Plants in 32 StatesDate: Friday, May 3, 2013 NEW ANALYSIS SHOWS EPA RULES ARE SHUTTING DOWN POWER PLANTS IN 32 STATES Number of shutdowns continues to grow WASHINGTON – A new analysis shows more than 280 coal-based electric generating units are scheduled to be shut down due, at least in part, to regulations and other policies issued by the Environmental Protection Agency. Th […]
- ACCCE Commends Sponsors of Coal Jobs Protection Act Category: Press RoomDate: Tuesday, April 30, 2013 ACCCE COMMENDS SPONSORS OF COAL JOBS PROTECTION ACT Bill would help address some of the economic problems caused by EPA regulations WASHINGTON – This week, Senator McConnell, Senator Paul and Congresswoman Capito announced the introduction of the Coal Jobs Protection Act. The bill would requir […]
- Statement from Mike Duncan in Commemoration of Earth DayCategory: Latest NewsDate: Monday, April 22, 2013 In commemoration of Earth Day, American Coalition for Clean Coal Electricity president and CEO Mike Duncan released the following statement: “By 2015, more than 90 percent of U.S. coal power plants will have installed clean coal technologies and other advanced emissions controls. This unprecedented investmen […]
- ACCCE Statement on New EPA Administrator Category: Latest NewsDate: Monday, March 4, 2013 In response to the Obama Administration’s nomination of Gina McCarthy to succeed Lisa Jackson as Environmental Protection Agency administrator, American Coalition for Clean Coal Electricity President and CEO Robert M. “Mike” Duncan released the following statement: “We congratulate Assistant Administrator G […]
- Letter to the Editor: An America Without Coal Plants?Category: Latest NewsDate: Monday, March 4, 2013 The following Letter to the Editor was written by the American Coalition for Clean Coal Electricity President and CEO Robert M. “Mike” Duncan, and published in the Washington Post in response to a recent Op-Ed the paper had written regarding the coal-based electricity industry. "Columnist Eugene Robins […]
- ACCCE Urges President Obama to Reaffirm Commitment to Clean CoalCategory: Press RoomDate: Tuesday, February 12, 2013WASHINGTON - The following statement was released today by the American Coalition for Clean Coal Electricity President and CEO Robert M. "Mike" Duncan in advance of President Obama’s State of the Union Address: "Clean coal is an essential part of our nation’s energy future. As the President […]
- Clean Coal Campaign Teams with NASCARCategory: Press RoomDate: Friday, February 8, 2013ACCCE to renew sponsorship of Dale Earnhardt Jr.’s JR Motorsports at Key Races WASHINGTON – The American Coalition for Clean Coal Electricity today announced the renewed sponsorship of a NASCAR Nationwide Series team, JR Motorsports, the racing operation owned by Dale Earnhardt, Jr. Under the sponsorship, JR […]
- Half of U.S. Families Have Seen Energy Costs Nearly DoubleCategory: Press RoomDate: Tuesday, January 22, 2013 WASHINGTON D.C. – America’s working class and those on fixed-‐‑ and lower-‐‑incomes are suffering the most from increases in energy costs, according to a new study released today by the American Coalition for Clean Coal Electricity. The study finds that more than half of U.S. households will spend an ave […]
- New Analysis Finds EPA Regulations Would Cost 1.5 Million Jobs Over the Next Four YearsCategory: Latest NewsDate: Friday, October 26, 2012 Washington, DC – A new analysis of EPA regulations that would impact the coal-based electricity industry projects that seven rules would reduce U.S. employment by 1.5 million jobs over the next four years. The analysis was conducted by National Economic Research Associates (NERA) on behalf of the American […]
NYT – El Paso
- Korean Oil Firm Is Part of Group Buying El Paso AssetsA South Korean state-run oil company, the Korean National Oil Corporation, is a part of the group that includes Apollo Global Management, Riverstone Holdings and Access Industries.
- How Wall Street Deals With ConflictsThere are no options to police conflicts among investment bankers as there are in the law. Indeed, conflicts of interest appear to be almost a cost of doing business on Wall Street these days.
- El Paso Shareholders Approve Kinder Morgan DealCasting aside the controversy, shareholders of the El Paso Corporation have approved Kinder Morgan's bid, originally valued at $21.1 billion. During a special meeting on Friday, a group of shareholders representing about 79 percent of El Paso outstanding shares, voted overwhelmingly -- in excess of 95 percent -- for the deal. The transaction is expected […]
- El Paso Shareholders Approve Kinder Morgan TakeoverCasting aside the controversy over the deal, investors of the natural gas pipeline operator approved Kinder Morgan's $21.1 billion bid.
- Pension Fund to Vote Against Kinder Morgan-El Paso DealOne of the nation's largest public pensions said it would vote to block Kinder Morgan's $21 billion takeover of the El Paso Corporation, citing a lack of transparency and a conflict of interest related to the company's merger adviser.
- A Mirror Can Be a Dangerous Tool for Some C.E.O.'sBeing a visionary leader, or at least thinking you are, can propel corporate chieftains to great heights, but it can also lead to extreme narcissism. And the victims are often shareholders.
- El Paso Corp. Chief Defends His Actions in Kinder Morgan DealIn a letter to employees, Douglas L. Foshee said he acted properly in negotiating the sale of the El Paso Corporation to Kinder Morgan, despite criticism from a Delaware judge.
- As an Adviser, Goldman Sachs Guaranteed Its PaydayLloyd C. Blankfein had a script for his phone call. ''Hello, Doug - it's been a long time since we have had the chance to visit,'' say the notes prepared for his call with Doug Foshee, the chief executive of El Paso, the big energy company that last fall was in talks to be sold to Kinder Morgan. ''I was very pleased you rea […]
- DealBook OnlineLIMITING LEGAL COSTS When a corporation is caught in a government investigation, the legal fees can quickly exceed $100 million -- and that's before the lawsuits even begin. Once the government files charges, those costs can grow as companies are required to pay the legal fees for any officers or directors accused of wrongdoing. But according to White C […]
- As an Adviser, Goldman Guaranteed Its PaydayIn an advisory role in a deal for the El Paso Corporation, Goldman Sachs was on every conceivable side of the negotiations, and El Paso may have unwittingly sold itself at far too cheap a price.
