In a new endorsement interview with the Des Moines Register released Wednesday, President Barack Obama argues that a combination of green energy and natural gas development has produced Iowa jobs and will drive economic recovery in the battleground state.
Obama's comments don't reveal new proposals. But they show his belief that Iowans will respond positively to the energy policies that have been attacked by Republican challenger Mitt Romney as a waste of taxpayer money and a roadblock to domestic fossil fuel production.
In their final debate Monday night, President Barack Obama was unmistakably on offense, but offered few new energy policy details. Mitt Romney, on the other hand, was decidedly muted in tone but offered new insights on his plans for clean energy investment and sanctioning Iran's oil industry.
Romney made some news during a defense of his 2008 call for the Big Three automakers to go through bankruptcy without a taxpayer bailout, saying he opposes "investing" in energy sector companies. Such a position would rule out future loan guarantees.
In the final presidential debate, Republican presidential challenger Mitt Romney declared Monday night he would oppose direct government investments in clean energy and other private companies, his most forceful response yet to the Solyndra bankruptcy that cast a shadow over federal loan guarantees.
Drawing contrasts with President Barack Obama, Romney suggested his support for clean energy support would be limited to technology research and not aiding specific companies. "We're going to have to have a president, however, that doesn't think that somehow the government investing in car companies like Tesla and Fisker, making electric battery cars, this is not research, Mr. President," Romney said.
Responding to attacks that President Obama has failed to give proper attention to climate change, the Obama campaign sent an email to environmental groups noting the instances that the president has addressed the issue, The Hill reports.
The third and final debate between President Barack Obama and challenger Mitt Romney on Monday night is being billed as a foreign policy discussion, which seems natural to cause a tussle over global oil supplies and U.S. foreign oil dependence.
But with Romney focused in recent days on the attack on the U.S. consulate in Benghazi, Libya, and Obama ready to tout his record of ending the wars in Iran and Afghanistan and killing of Osama bin Laden, watch for energy to play at best a supporting role to bigger arguments.
Republicans may be joining the ranks of Democrats in calling for cuts to oil subsidies after the election, Politico reports. House Energy and Commerce Chairman Rep. Fred Upton, R-Mich., most notably argued that the subsidies should be eliminated completely.
Two House bills aiming at the way the Environmental Protection Agency uses science have drawn veto threats from the White House: One would require EPA to publicly release details of the science behind regulations, and the other would reform the agency’s Science Advisory Board, The Hill reports.
The Environmental Protection Agency was wrong in failing to comply with a Freedom of Information Act request from the conservative Landmark Legal Foundation back in 2012, Judge Royce Lamberth ruled Monday, The Hill reports.
As the strike by refinery workers enters its second month, some workers have begun crossing picket lines and some companies are trying to use bonuses to pressure others into returning to work, but negotiations were slated to resume between the United Steelworkers and Shell Oil Co. on Wednesday, Reuters reports.
General Electric CEO Jeff Immelt’s moves to refocus the company on its industrial side have run into the problem of lower oil prices, given that oil and gas were responsible for a fourth of the company’s $100 million in industrial revenue last year, The Wall Street Journal reports.
The retirement announcement from Sen. Barbara Mikulski, D-Md. a key figure on the Appropriations Committee, means that the Chesapeake Bay is losing an important champion and the Obama administration is losing a significant defender of its environmental agenda, E&E reports.
The Oklahoma Geological Survey, which has been reluctant to draw direct connections between oil drilling in the state and the dramatic rise in earthquakes there, has faced "intense personal interest" from the state seismologist's boss, University of Oklahoma President David Boren, and the oil industry, according to E&E.
Legislation introduced in the Pennsylvania legislature last week that would encourage natural gas distribution companies to cut their own consumption drew criticism from the industry, the Pittsburgh Post-Gazette reports.
A measure that passed the Republican-controlled senate in Colorado, which would have cut 2020 renewable energy targets for the state’s utilities and cooperatives, has been killed off by Democrats on a House panel, the Denver Business Journal reports.
The Bureau of Ocean Energy Management has announced that oil and gas exploration leases for tracts in the western Gulf of Mexico –- some 4,000 blocks over 21 million acres -– will be sold in New Orleans in August, The Associated Press reports.