Editorial: Dollars and energy
Because the US government plans to spend heavily on energy over the next decade, taxpayers have reason to wonder what they’ll get for their money.
Oil linked to US move toward thaw with Cuba
A proposal to allow work by US oil and gas companies off Cuba appears in a broad set of recommendations made before President Barack Obama on Apr. 13 eased travel and financial restrictions on the island nation.
COMMENT: Oil work can be part of US-Cuban rapprochement
Two thirds of Cuba’s petroleum demand currently relies on imports, and Venezuela is the single source of these imports under heavily subsidized payment terms.
Cavaney: Cap-and-trade proposal would hit refiners hard
Refiners will be hit harder than other US manufacturers under proposed cap-and-trade legislation, a ConocoPhillips official told the US House Energy and Commerce Committee.
Watching Government: Gingrich is a late, eloquent addition
He was not originally scheduled to testify. Then the US House Energy and Commerce Committee announced former Speaker Newt Gingrich (R-Ga.) would follow former Vice-President Al Gore (D) and former US Sen. John W. Warner (R-Va.) during the third full day of hearings Apr. 24 on proposed climate change legislation.
Changes likely as cap-and-trade legislation moves through US House
US House Energy and Commerce Committee Chairman Henry A. Waxman (D-Calif.) planned to mark up cap-and-trade legislation the week of May 11 when he and Rep. Edward J. Markey (D-Mass), the chairman of the committee’s Energy and Environment Subcommittee, introduced their draft proposal on Mar. 31.
EPA asked to set new drillsite discharge standards
Activist organizations are urging the US Environmental Protection Agency to expand regulation of wastewater discharges from the oil and gas drilling industry to cover a host of exploration, stimulation, and extraction activities, according to Water Policy Report.
LNG supply, fuel competition pose major concerns in US
How US markets will accommodate the impending flood of LNG continues to puzzle industry observers.
Watching The World: Argentina, UK eye Falklands oil
The Falkland Islands are in the news again, a matter of interest to the oil and gas industry given the reserves under the region’s waters, estimated at 18 billion bbl.