Republicans in Congress on Thursday pointed to a new Energy Department analysis of the strong economic growth in energy-producing states as fresh evidence in support of their calls for greater oil and gas drilling in federal areas.
The Energy Information Administration reported that of the six states where oil and gas development and mining accounted for more than 10 percent of their economy, all but one had stronger growth than the national average last year.
House Energy and Commerce Committee Chairman Fred Upton, R-Mich., made fresh calls for an end to the nation's crude oil export ban but said the policy won't be lifted this year as lawmakers need time to ask the proper questions and move on legislation, Bloomberg reports.
House Energy and Commerce Committee Chairman Fred Upton, R-Mich., used the podium at an Energy Information Administration conference to call for a U.S. energy policy that focuses on taking advantage of surging energy development rather than scarcity-driven policies, The Hill reports.
House Energy and Commerce Chairman Fred Upton, R-Mich., and Rep. Tim Murphy, R-Pa., in a letter to EPA Administrator Gina McCarthy, threatened a subpoena over agency documents related to proposed limits on carbon emissions from power plants, Reuters reports.
An E&E analysis of lawmakers' Personal Financial Disclosures for 2013 found that while many sitting on energy-related committees hold a stake in energy companies, few made significant changes to their portfolios last year.
While the Senate remains tied up in partisan knots over energy bills, the Republican-led House is set this week to take up legislation highlighting their support for expanded oil drilling, natural gas exports and the Keystone XL pipeline.
The GOP push comes as lawmakers from both chambers head home Friday to face voters during a weeklong July 4th recess, and as national average gasoline prices hover near $3.70 a gallon. That relatively high price has prompted Republicans to intensify their appeals to voters on domestic energy.
Oil production from federal lands and waters rose slightly last year, but a falloff in other fossil fuel output drove total fossil energy production down by 7 percent, updated figures from the Energy Department show.
In an annual report on federal fossil fuel sales issued late Thursday, the Energy Information Administration said oil production from federal leases increased, but by less than 1 percent, to 606 million barrels.
Houston Rep. Gene Green, D-Tex., says the current process for getting international projects like pipelines approved makes no sense anymore, which is why he and Energy and Commerce chair Rep. Fred Upton, R-Mich., are pushing a bill to streamline it, FuelFix reports.
The power substation in San Jose where a sniper attack last year raised concern about the security of the country’s grid has been breached again, according to Pacific Gas and Electric, which said thieves cut through a fence and stole some equipment, The New York Times reports.
A corn ethanol plant at the Port of Indiana-Mount Vernon, which Valero Energy Corp. bought in March, has restarted, FuelFix reports. It is expected to boost the company’s output to 1.3 billion gallons a year, making Valero the country’s third-largest ethanol producer.
Oil looks set to finish out the week higher in the wake of another positive piece of data on the U.S. economy, news of an unexpected rise in consumer confidence. West Texas Intermediate crude for October delivery was up 66 cents to $95.21 a barrel on the Nymex, while in London Brent crude settled 35 cents higher to $102.81, Bloomberg reports.
Fighting in Tripoli may have been escalating, but in the east of Libya, the key oil port of Es Sider is once again getting a flow of crude from oilfields after exports there resumed last week following a one-year hiatus, an official told The Wall Street Journal.
Sen. Mary Landrieu, D-La., listed her parents’ home in New Orleans as her address in filing last week to qualify for the ballot in Louisiana, prompting some critics to question her residency status, The Washington Post reports.
Clean Air Act violations for the release of phosgene, methyl chloride and oleum at a West Virginia facility between 2006 and 2010 will cost DuPont $1.3 million in fines, the Environmental Protection Agency and the Justice Department said in announcing a settlement, The Hill reports.
A project to build a big $25 billion water tunnel system in Northern California poses water quality problems to the Sacramento-San Joaquin River Delta and a possible threat to smelt and salmon, the Environmental Protection Agency said in a letter accompanying comments posted online, the Los Angeles Times reports.