BANGKOK (AP) — The price of oil fell Wednesday as investors waited for a report on U.S. crude stocks and the Federal Reserve's latest views on the U.S. economy.
The American Petroleum Institute said the EPA ignored federal law by shortening the public comment period for its regulation to cut sulfur content in fuel, The Hill reports.
SAN FRANCISCO (AP) — Leading oil industry groups said Thursday federal land managers are blocking new energy development and job creation by postponing all oil and gas lease auctions on prime public lands in California until October.
The American Petroleum Institute accused the Environmental Protection Agency of rushing traditional rulemaking procedures for the agency's Tier 3 regulations to cut sulfur in gasoline, The Hill reports.
Offshore drilling industry leaders are expected to call for clarity from the federal government on new regulations at the Offshore Technology Conference, FuelFix reports.
National Rifle Association lobbyist Christopher Rager has joined the American Petroleum Institute to lead the group's state outreach efforts, FuelFix reports.
BANGKOK (AP) — The price of oil stabilized near $91 per barrel Thursday after a big fall as traders digested an increase in U.S. crude inventories that suggested weak demand for fuel.
In an interview with FuelFix, the Center for Offshore Safety Director Charlie Williams said tougher hazard analysis could be problematic for oil companies when writing safety audits required by the Bureau of Safety and Environmental Enforcement.
The House approved a bill that would protect electric utilities from environmental fines and lawsuits if the Energy Department orders them to keep power flowing, FuelFix reports.
The Senate Energy and Natural Resources Committee will meet to discuss safe development of shale gas and hear testimony from government and industry officials today, The Hill reports.
Activists and environmentalists launched criticisms against the Environmental Defense Fund for its decision to join industry groups to help develop hydraulic fracturing standards, Bloomberg reports.
Some industry leaders are concerned that shifting opinions and increased legislative action on hydraulic fracturing could hinder their chances to develop Colorado's energy resources, Bloomberg reports.
Dominion Resources Inc. told the Nuclear Regulatory Commission last week that it had removed all nuclear fuel from the reactor at the shuttered Kewaunee Nuclear Plant, the Green Bay Press-Gazette reports.
A Colorado bill to establish a renewable energy mandate for cooperatives has faced a lawsuit and an advertising campaign over whether the bill would incentivize state renewable energy, The Gazette reports.
