Congress expected to vote to lift crude oil export ban; economists worry about low inflation An end to the more than 40-year old crude oil export ban could soon be approaching. Members of Senate this week are expected to include a provision that will lift the export ban as part of the fiscal 2016 spending bill, aides from both parties
From the Longmont Times-Call Oil, gas issues expected to return in 2016 Colorado Legislature The issue of giving cities and counties more authority to locally regulate oil and gas drilling and production may resurface in next year’s session of the Colorado Legislature, two Boulder County lawmakers told Boulder County commissioners on Friday morning. Hopes that a special task force convened last
“Production from the North Slope of Alaska and the North Sea of Europe, burgeoning oil regions 20 years ago, is in decline. Unrest in Venezuela and Nigeria threatens the flow of oil. The Middle East remains the mother lode of crude, but war and instability underscore the perils of depending on that region.” The points above came from an archived
Study looks at effects of shipping U.S. LNG using U.S.-built ships Cheniere Energy (ticker: LNG) is expected to begin shipping 3.5 Bcf/d of liquefied natural gas (LNG) from its Sabine Pass terminal in Louisiana early next year, with an additional 6.27 Bcf/d of capacity expected to come online in the U.S. before 2019. The increased capacity will turn the U.S.
Canada shocks COP21 silly Canada surprised attendees and negotiators at the climate talks in Paris on Sunday by calling for a more ambitious target for cutting greenhouse gases than the UN’s own 2-degree target, the National Observer reported. “Canada’s Environment and Climate Change Minister Catherine McKenna told a stunned crowd that she wants the Paris agreement to restrict planetary warming
Cultural Attitudes: 55 Years can make a World of Difference. So can 12. Remember the iconic 1960-era engineer? He wore a pocket protector in the shirt pocket of his short-sleeved white dress shirt. He usually had two or three ballpoint pens sticking up next to a small slide rule—he was the symbol of a culture that respected and emphasized things
An Exclusive Interview with Keith Burdette, Secretary of Commerce for West Virginia Coal has powered West Virginia’s economy for centuries. Generations of West Virginians have come and gone in the Mountain State, and its stalwart blue-collar coal industry continuously attracts the next wave of young people in search of a career in the rolling hills of Appalachia. But the latest generation
Exclusive Interview: what does the U.S. rejection of the Keystone XL pipeline mean for future cross-border projects? In this exclusive interview with Oil & Gas 360®, Tim McMillan, President and CEO of the Canadian Association of Petroleum Producers (CAPP), discusses potential aftereffects of the Obama administration’s decision last week to reject TransCanada’s (ticker: TRP) application to build the Keystone XL
After seven years of regulatory limbo, Obama administration says “no” to TransCanada application President Obama announced today that he has rejected TransCanada’s (ticker: TRP) Keystone XL pipeline project after seven years of regulatory holdup. The decision comes as the president makes steps to solidify his environmental legacy during his final year in office. The 1,179-mile pipeline would have carried 800,000
“Energy resources are a blessing, not a curse.” Second-term Louisiana Governor Bobby Jindal is running for the 2016 Republican nomination. Jindal published his energy plan earlier this fall, based a 2014 energy plan which he had previously developed. Gov. Jindal’s key energy points are featured below. Promote energy development on federal lands, build the Keystone XL pipeline, yes to nuclear power Our
An interview with Corey Goulet, President of Keystone projects for TransCanada. Editor’s Note: In March 2015, Oil & Gas 360® interviewed Corey Goulet, boss of the Keystone XL pipeline project. Today (Nov. 6, 2015), the U.S. State Department and the Obama Administration officially denied TransCanada’s application to build the Keystone XL pipeline. In light of today’s announcement, Oil & Gas 360®
Pause on TransCanada’s Keystone XL project comes as company waits Nebraska decision Alberta-based TransCanada (ticker: TRP) announced yesterday that it sent a letter to the U.S. State Department requesting a pause on the decision making process for its Keystone XL pipeline project. The request comes as TransCanada waits to hear from the Nebraska Public Service Commission for approval on a
