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 Senate has voted to end debate on the nominations of Jeffery M. Baran and Stephen G. Burns to the Nuclear Regulatory Commission, with a final confirmation vote expected Tuesday afternoon, The Hill reports.
A study being published Tuesday in the Bulletin of the Seismological Society of America makes specific links between wastewater injection and earthquakes in the area of the Raton Basin using seismic monitors and fluid-injection data, The Wall Street Journal reports.
A combination of growing supply from Libya at a time when statistics are indicating weaker demand from the world’s big economies was continuing to pressure oil prices Tuesday. U.S. benchmark crude for October delivery was 22 cents lower to $92.70 a barrel in electronic trading on the Nymex, while in London November Brent dropped 8 cents to $97.80, Reuters reports.
Under terms of its initial public offering announced Monday, Vantage Energy -– an oil and gas company operating in the Barnett and Marcellus Shale plays -– hopes to sell 23,550,000 at $24 to $27 a share, the Denver Business Journal reports.
The California Independent System Operator has directed its participants to limit maintenance in the Southern California region, as well as marshalling extra electricity generation throughout the state in response to additional demand caused by this week’s heat wave, Platts reports.
Two Nevada fire chiefs say they are concerned that smart meters may have been responsible for nine recent fires over the past two years, even though NV Energy has installed 1.1 million of them, The Associated Press reports.
A proposal from the Environmental Protection Agency to collect fines and other debts by garnishing people’s wages would be blocked under legislation introduced by Sens. Mike Johanns, R-Neb., and John Thune, R-S.D., The Hill reports.
A patch of algae bloom in the north Atlantic converted 24,000 tons of CO2, nearly two thirds of it in a week, before it was killed by a virus that then helped it sink to the ocean floor, according to researchers – including some from the Woods Hole Oceanographic Institute -- who published their findings in Current Biology, E&E reports.
Data from NASA’s Goddard Institute for Space Studies released Monday showed that 2014 saw the warmest August since records began 130 years ago, although director Gavin Schmidt said statistically the difference is slight and the significance is to be found in long-term trends, The Weather Channel reports.