Regulatory Archives - Page 80 of 84 -

Energy and Commerce Committee Chairman Upton’s “Architecture of Abundance”

July 21, 2014

During the EIA Energy Conference last week, July 14 to July 15, Michigan’s Representative Fred Upton (R) gave a speech about his ideal energy future. He called his plan the “Architecture of Abundance.” It is a plan with five pillars: Modernizing infrastructure Maintaining diverse electricity generation Permitting a manufacturing renaissance Harnessing energy efficiency and innovation, and Unleashing energy diplomacy. Upton

Will Voters Kill Colorado’s Golden Goose?

July 21, 2014

August 4 is the deadline for two citizens’ groups that are attempting to collect the signatures required to land two statewide ballot proposals on the November ballot. If successful, they would give voters the power to inhibit Colorado’s future oil and gas development. By Bevo Beaven, Editor, Oil & Gas 360 NOTE: This is the first of a two-part series

The EPA’s CO2 Rules: More Gas-Fired Generation Plants, Other Remedies

July 17, 2014

Last month, the U.S. Environmental Protection Agency (EPA) released its proposed Clean Power Plan, which plans to lower carbon dioxide (CO2) emissions by 30% by 2030, compared to 2005 levels. The U.S. levels in 2013 were 10% below those of 2005 – a growth of 2% from 2012 levels. The EPA said that the combustion of fossil fuels to generate electricity was

GOM: Companies Prep for Deepwater Development

July 17, 2014

The U.S. Department of the Interior estimates the GOM has 48 billion BOE yet to be discovered. Royal Dutch Shell (ticker: RDS.B) announced its third major oil discovery in the Gulf of Mexico (GOM) on July 15, 2014, and expects it to yield 100 MMBOE of reserves. The company has now discovered a total of 700 MMBOE of GOM reserves, according

Community Control Ballot Initiative Dies from Lack of Signatures in Colorado, Governor Abandons Compromise Bill Push

July 16, 2014

A ballot initiative that would have given communities the power to regulate local oil and gas operations was pulled Monday for a lack of supporting signatures, according to a report by the Denver Post Tuesday. “Initiative 75 would have added the so-called Community Rights Amendment to the state constitution, but to get it on the ballot required 86,105 valid signatures

Jones Act Changes Could Limit LNG’s Export Effect

July 14, 2014

The Jones Act is the nickname for a 94-year-old law entitled the Merchant Marine Act of 1920 that allows only U.S.-made, U.S.-manned, and U.S.-flagged ships to transfer goods or passengers between U.S. ports. Although it was meant to protect domestic U.S. seaborne commerce from foreign competition, in today’s global economy, it has the effect of making shipping oil between U.S. ports,

Keystone XL: 2,119 Days and Counting

July 9, 2014

20,000 U.S. Jobs, $7B Project Stuck in Limbo As of July 9, the Keystone Project has been studied for 2,119 days, according to the House Energy and Commerce Committee. No other pipeline has taken so long to gain approval. On July 8, 44 diverse organizations, from businesses to labor unions, sent a letter supporting the speedy approval of TransCanada’s Keystone

Coal to Gas: China and U.S. to Share Energy Technologies

July 9, 2014

In the context of a new climate change summit in Beijing, the U.S. and China have signed eight partnership pacts to promote the exchange of research and technology for greenhouse gas-cutting initiatives, the International Business Times reported. “In one of the agreements, China’s Huaneng Clean Energy Research Institute, a subsidiary of the state-owned utility China Huaneng Group (ticker: HNGZ:CH), agreed

Will Hickenlooper or Beauprez Lead Colorado?

July 1, 2014

Former U.S. Congressman Bob Beauprez won Colorado’s Republican gubernatorial nomination with 31% of Republican votes. In November, Beauprez will challenge Democrat incumbent Governor John Hickenlooper to become the state’s chief executive. How do the two candidates compare — on paper? Born in Lafayette, Colorado on September 22, 1948, Beauprez grew up on his family’s dairy farm. He majored in physical

Booming D-J Has Voters, Politicians, Oil & Gas Companies Bracing for New Regulations

June 30, 2014

Public sentiment about hydraulic fracture stimulation (fracing) and other aspects of oil and gas exploration and production in Colorado has generated a lot of sentiment in recent months. A variety of Colorado municipalities want to institute local rules, ballot initiatives have been proposed, signatures are being collected, Congressman Jared Polis and Governor John Hickenlooper have weighed in, some local bans

Supreme Court Supports the Constitution but the EPA Retains Its Power to Curb Carbon Emissions

June 24, 2014

On Monday, June 23, the Supreme Court ruled against the Environmental Protection Agency’s (EPA) expansion of authority for the first time in years. The case was Utility Air Regulatory Group v. Environmental Protection Agency et al. A major part of the case was the EPA’s attempt to bypass Congressional support for any regulations it might want to pass. Justice Scalia

What the EPA’s Clean Power Plan Means for the Oil & Gas Industry

June 11, 2014

On June 2, 2014, the Environmental Protection Agency (EPA) moved to the second phase of its Clean Power Plan. According to the EPA, the Plan “cuts carbon pollution from existing power plants, the single largest source of carbon pollution in the United States. Today’s proposal will protect public health, move the United States toward a cleaner environment and fight climate change

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