Interior Department
Mining   Policy

Hastings presses Interior to comply with coal rule subpoenas

House Natural Resources Committee Chairman Doc Hastings on Friday released documents that he contended show the Obama administration is hiding the number of mining jobs that would be lost through its plan to tighten a coal mining stream protection rule.

A department spokesman, Adam Fetcher, responded that Hastings was using selective document releases to further a partisan investigation of internal studies that have yet to culminate in a proposed rule.

EPA: Mining could affect quality of water, fish

JUNEAU, Alaska (AP) — Failure of a large-scale mine planned near the headwaters of one of the world's premier salmon fisheries in Alaska could wipe out or degrade rivers and streams in the region for decades, the U.S. Environmental Protection Agency said in a draft watershed assessment released Friday.

The report responded to concerns that have been raised about a large copper-and-gold prospect near the headwaters of Bristol Bay. It is a draft, with a final report that could affect permitting decisions due after public comment and peer review.

Romney's first general election TV ad focuses on Keystone

WASHINGTON (AP) — Mitt Romney's first general-election TV commercial promises he would introduce tax cuts and approve the Keystone XL oil pipeline on the first day of his presidency.

The Republican candidate released the ad Friday, coupling it with a fundraising pitch. The 30-spot is upbeat, in contrast to an ad President Barack Obama is running that criticizes Romney as a businessman. Romney has called the Obama ad "character assassination."

Oil

Repsol: Exploratory oil well off Cuba comes up dry

HAVANA (AP) — An exploratory oil well off the coast of Havana has failed and will be capped and abandoned, Spanish company Repsol said Friday, a disappointment for Cuba but far from a death-blow to the island's petroleum dreams.

Repsol SA is evaluating the data it collected since the Scarabeo-9 drill rig arrived in January and will determine whether to sink further wells, spokesman Kristian Rix said

Oil

Expect lower gas prices heading into Memorial Day

If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.

Retail gasoline prices dropped by a penny to a national average of $3.71 per gallon on Friday. That's 22 cents less than the high of $3.94 per gallon reached in early April. Lower oil prices are the main reason. Weaker demand is also helping to push down prices, as consumers watch their spending in the sluggish economic recovery.

Oil

Oil prices lower ahead of G8 summit

Crude oil prices fell Friday ahead of a weekend meeting in which President Barack Obama and leaders of the world's biggest economies will search for ways to help Europe resolve its ongoing debt crisis.

Benchmark U.S. crude fell $1.08 to finish at $91.48 per barrel on the New York Mercantile Exchange. Brent crude, which used to price many international varieties of oil, fell 37 cents to settle at $107.14 a barrel in London.

Venture backing for distributed power marks a shift

Generating power for your residence is no longer for the paranoid or the peculiar; more than 2,000 of California's heavy domestic energy users have signed up with Gen110 to meet most of their own power needs, and investors are sinking more money into the business as its burgeoning potential becomes apparent.

Gen 110 CEO and co-founder Jason Brown isn't your usual "energy guy." He is a relatively recent graduate of business school with a background in sales, not power engineering. His membership as part of Silicon Valley's technorati has been confirmed this week with the announcement of funding by the tech startup's venture capitalist of choice: Kleiner Perkins Caufield & Byers.

Oil

Ex-BP engineer challenges travel restrictions

A former BP engineer charged with deleting text messages about the company's response to the 2010 oil spill in the Gulf of Mexico is asking for a federal judge's permission to travel freely throughout the U.S. while he is free on bond.

Earlier this month, a magistrate in New Orleans ordered 50-year-old Kurt Mix, of Katy, Texas, to limit his travel to Louisiana, Texas, Massachusetts and New York after a prosecutor claimed he had intended to leave the country for a job in Australia and wouldn't return.

Oil

200-year-old shipwreck found in Gulf of Mexico

An oil company exploration crew's chance discovery of a 200-year-old shipwreck in a little-charted stretch of the Gulf of Mexico is yielding a trove of new information to scientists, who say it's one of the most well-preserved wrecks ever found in the Gulf.

"When we saw it, we were all just astonished because it was beautifully preserved, and by that I mean for a 200-year-old shipwreck," said Jack Irion, maritime archaeologist with the Department of the Interior's Bureau of Ocean Energy Management in New Orleans.

SolarWorld courtesy Paul G. Wiegman

SolarWorld decision marks a victory, but the war is not over

The finding on Thursday by the Commerce Department that Beijing has dumped solar panel parts in the United States was widely viewed as a slap by the Obama administration at Beijing.

SolarWorld President Gordon Brinser noted, in a declaration of victory, that "the administration of President Obama is taking steps to fulfill pledges to hold China accountable to U.S. and world trade laws."

The reality, however, is that the dumping determination -- and the average 31 percent duties Chinese companies may have to pay on imports -- are just the opening round in the battle to come over whether domestic solar manufacturing needs a firewall against cheaper imports.

China rejects US ruling in solar dumping case

BEIJING (AP) — China's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.

The conflict has worsened U.S.-Chinese trade tensions. The two governments have pledged to cooperate in developing renewable energy but accuse each other of violating free-trade pledges by subsidizing their own manufacturers.

"The U.S. ruling is unfair, and the Chinese side expresses its extreme dissatisfaction," said a Commerce Ministry spokesman, Shen Danyang, in a statement.

Oil

Oil falls to near $92 after sharp 2-week sell-off

SINGAPORE (AP) — Oil prices fell to near $92 a barrel Friday in Asia, extending a sharp two-week selloff as the latest twists in Europe's debt crisis added to a gloomy economic outlook.

Benchmark oil for June delivery was down 26 cents to $92.30 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 25 cents to settle at $92.56 in New York on Thursday.

Natural gas prices drop on rising supplies

Natural gas is no longer at decade lows, but the price remains sensitive to reports of any significant increase in supply.

The price dropped Thursday as the government said supplies continue to build, at a time when mild weather is dimming demand in parts of the country.

Turkey warns companies against Cyprus gas search

ANKARA, Turkey (AP) — Turkey on Friday called on major international oil and gas companies seeking a license to search for gas deposits off of Cyprus to withdraw their bids, saying it will not allow exploration to go ahead and threatening to ban them from Turkish energy projects.

Companies such as Russia's Novatec, Italy's ENI, France's Total and Malaysia's Petronas are among 15 firms and consortiums seeking a license to carry out exploratory drilling off southern Cyprus despite Turkey's strong objections. Cyprus has been divided into a Turkish Cypriot north and internationally recognized Greek Cypriot south since a 1974 Turkish invasion that followed a coup by supporters of unity with Greece.

Turkey says the offshore gas search by the Greek Cypriot government flouts the rights of the Turkish Cypriots and last month began exploratory drilling of its own. Last year, it sent a warship-escorted research vessel south of Cyprus, while Prime Minister Recep Tayyip Erdogan warned that his government would "retaliate even more strongly" to any further search for mineral deposits around the island.

Oil

US eases economic sanctions to reward resource-rich Myanmar

President Barack Obama on Thursday declared a new chapter in U.S. relations with Myanmar, easing an investment ban and naming the first U.S. ambassador to the former pariah state in 22 years to reward it for democratic reforms.

Both Republican and Democrat senators welcomed the administration's move, but human rights activists said it was premature to reward a government that remains dominated by its military and still holds hundreds of political prisoners.

SolarWorld USA Photo

Commerce finds China dumped solar components

The Commerce Department on Thursday sided with a group of solar panel makers who alleged that China has dumped below-cost solar power components in the United States, in a case that threatens to add new friction to trade relations between the Obama administration and Beijing.

In a preliminary finding of dumping, the department proposed an average 31 percent import duty on Chinese solar component makers and on panels made elsewhere from Chinese parts, with a final determination to be made next October.

Welcome to the new EnergyGuardian!

We've launched a new look and a new Morning Briefing that provides a capsule view of the major climate and energy stories of the day.

Interested in a quick digest of top energy and climate headlines? EnergyGuardian Morning Briefing is for you. It's free and is delivered to your email inbox every working morning. To subscribe, email us -- and be sure to give us your name and email address!

If you are interested in a more complete report on energy and climate news, this is a great time to get to know EnergyGuardian. The EPA is at the forefront of the political campaign, green energy projects are in the news all the time, and energy independence -- and the impact of energy prices on consumers, business and the economy -- is still a pressing national concern. We cover the top stories in energy and climate policy and regulation for members of the energy industry, policymakers, regulators and advocacy groups. Our goal is to provide balanced, unbiased, accurate and timely reporting that will help you know what's going on and understand the context for new developments.

If you you'd like to read more about EnergyGuardian, click on http://www.energyguardian.net/subscribe-energyguardian.