oil production

Policy

Canadian official calls for continued energy trade with U.S.

Source: 
FuelFix

Consul General of Canada John Prato said the U.S. should keep up the "largest trading relationship in the world" through the purchase of Canadian oil sands crude, FuelFix reports.

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Oil

Council says U.S. oil boom risks false sense of security

Source: 
Reuters
A report from the Energy Security Leadership Council, a group of executives and retired military leaders, said the expansion in United States' oil production could promote "complacency and inaction" in developing more efficient transportion and energy use, Reuters reports.
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Policy

Canada views US oil boom as a wakeup call

Rob Gillies on November 13, 2012

TORONTO (AP) — Canada's natural resources minister said Tuesday a report that says the U.S. will become the world's largest oil producer by the end of the decade should serve as a wakeup call that illustrates the pressing need for Canada to diversify its energy exports.

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Oil

Global oil production strained by S. Sudan, Syria outages

Source: 
FuelFix
According to the Energy Information Administration, the worldwide oil production capacity has suffered due to outages in Syria and South Sudan, decreasing the world supply by about 1 million barrels a day, FuelFix reports.
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Oil

Brazil to distribute oil revenues more evenly

By The Associated Press on November 7, 2012

BRASILIA, Brazil (AP) — Brazil's House of Representatives has approved a controversial proposal to share profits from the country's growing oil production sector more evenly between petro-producing states and those with little or no production.

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Oil

Refining business buoys lagging oil earnings

Source: 
The New York Times

Strong refining profits helped to supplement otherwise lackluster third-quarter earnings from Exxon Mobil and Shell, The New York Times reports.

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Oil

Interior, BOEM release new details on Gulf lease sale

Source: 
FuelFix

The Interior Department and Bureau of Ocean Energy Management announced Wednesday that 38 million acres in the Central Gulf of Mexico will be part of a lease sale set for March 20, 2013, FuelFix reports.

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Oil

Cheap oil, gas give boost to refining industry

Source: 
The New York Times reports

U.S. oil refineries are booming as a domestic shale boom continues to slash local crude and natural gas prices, The New York Times reports.

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Oil

Study: Fossil fuel production on track to break records in 2012

Source: 
FuelFix

According to a study by a University of Michigan professor, the United States will produce a record-breaking amount of fossil fuel energy this year, FuelFix reports.

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Oil

US may soon become world's top oil producer

JONATHAN FAHEY, AP Energy Writer on October 23, 2012

NEW YORK (AP) — U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

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News from Around the World

Electricity

EIA: Coal's electricity market share rebounded in past year

Source: 
MarketWatch
The Energy Information Administration said coal's market share for electricity generation rebounded since March 2012 on higher natural gas prices, MarketWatch reports.
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Politics

McAuliffe changes stance on Va. offshore drilling

Source: 
The Washington Post
Democratic Virginia gubernatorial candidate Terry McAuliffe switched his position on offshore drilling of the state's coast, supporting a pro-drilling bill introduced by Virginia's Democratic senators, The Washington Post reports.
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Nuclear

Boxer presses Macfarlane for San Onofre hearing

Source: 
Southern California Public Radio

Senate Environment and Public Works Chairman Barbara Boxer urged NRC Chairman Allison Macfarlane to complete an investigation and hold a public hearing before allowing the San Onofre Nuclear Generating Station to restart, Southern California Public Radio reports.

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Nuclear

Vitter, Upton seek GAO report on NRC rulemaking process

Source: 
Platts

Sen. David Vitter, R-La., and Rep. Fred Upton, R-Mich., called for a GAO report on the Nuclear Regulatory Commission's procedures for determining the costs of new regulations, Platts reports.

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Natural Gas

Changes to FracFocus registry coming next week

Source: 
Bloomberg
FracFocus, an industry-backed registry for hydraulic fracturing chemicals, will update its system to allow regulators to search through a database of chemicals next week, Bloomberg reports.
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Politics

National Republicans send staffers to Mass. race

Source: 
Roll Call
The National Republican Senatorial Committee sent four staffers to assist Gabriel Gomez in the Massachusetts Senate special election, Roll Call reports.
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Oil

Keystone XL's southern leg on schedule, near completion

Source: 
FuelFix
TransCanada said the southern leg of the Keystone XL pipeline remains on schedule and is more than 75 percent compete, FuelFix reports.
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Politics

GOP warns Obama against linking Keystone to climate policy

Source: 
The Hill

A group of two dozen Senate Republicans urged President Obama against making Keystone XL pipeline approval contingent on "unrelated" climate change policies, The Hill reports.

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Oil

API sees new rules hiking gasoline prices

Source: 
The Washington Examiner
The American Petroleum Institute issued a white paper projecting new federal rules could increase gasoline prices by as much as 25 cents a gallon, The Washington Examiner reports.
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Politics

Gov. Brown laments climate change coverage

Source: 
The Sacramento Bee
California Jerry Brown contended news media inadequately report on climate change and give too much coverage climate skeptics, The Sacramento Bee reports.
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