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Tag Archives: energy production

Trump uses energy speech to outline general election pitch

Donald Trump energy speech

BISMARCK, N.D. (AP) — Presumptive Republican presidential candidate Donald Trump unveiled an “America first” energy plan he said would unleash unfettered production of oil, coal, natural gas and other energy sources to push the United States toward energy independence. But the speech, delivered at the annual Williston Basin Petroleum Conference in Bismarck, North Dakota, went far beyond energy, as Trump ...

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Hydraulic fracturing rule in hands of federal judge in Wyoming

Hydraulic fracturing rule in hands of federal judge in Wyoming

CHEYENNE, Wyo. (AP) — The future of federal rules aimed at protecting land, water and wildlife from energy-production practices including hydraulic fracturing now rests with a judge in Wyoming. U.S. District Judge Scott Skavdahl last year blocked implementation of rules drafted by the U.S. Bureau of Land Management. He acted in response to a legal challenge from the states of ...

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OPINION: NM lawmakers push energy initiatives

clean energy

Landmark Supreme Court rulings, controversial trade and nuclear weapons deals and a long-overdue rewrite of the No Child Left Behind education law have dominated the headlines over the first half of a busy Washington summer. Beyond the glare of the national media spotlight, two New Mexico lawmakers have been working on legislation related to energy production — a subject central ...

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Natural gas surpasses coal as biggest US electricity source

power plant

Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this year, a milestone that has been in the making for years as the price of gas slides and new regulations make coal more risky for power generators. The research company SNL Energy in a new report using data from the ...

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High court: Energy companies must face price fixing claims

WASHINGTON — The Supreme Court says a group of energy companies can be sued under state antitrust laws for illegally manipulating natural gas prices more than a decade ago during California’s energy crisis. The justices on Tuesday ruled 7-2 against American Electric Power Co., Duke Energy Co. and other natural gas traders arguing that federal law precludes state law claims. ...

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IHS cuts its forecast as demand dips from energy clients

Business research firm IHS Inc slashed its full-year revenue and adjusted profit forecast due to a strong dollar and spending cuts by oil producers amid a slump in crude prices. The company’s shares fell as much as 10 percent in early trading on Tuesday. IHS gets about 40 percent of its revenue from energy companies, many of which have reduced ...

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Coal industry not sure who’s to blame

Coal workers in the eastern United States have been chanting, “Hey, hey, EPA, don’t take our jobs away,” according to a recent report by Al Jazeera America. As the nature of energy production in the U.S. continues to shift forms, many people in the coal industry have begun to point fingers at who’s really to blame. Some blame the federal ...

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Republicans: Calif. regulations block state oil boom

Anti-fracking signs

WASHINGTON (Reuters) — Republican lawmakers said on Friday over regulation has prevented a shale oil boom in California and if eased, could boost production in the state and reduce its dependence on foreign energy. With more than an estimated 15 billion barrels of oil, according to the U.S. Energy Information Administration, California’s Monterey shale formation is twice as large as ...

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Special Report: A Canadian family’s ‘Plan B’ to pump tar sands oil

oil refinery

BY RICHARD VALDMANIS AND DAVE SHERWOOD (Reuters) – Keystone XL, a pipeline proposal to pump Canadian oil sands through the heart of America, has alarmed environmentalists and become one of the most contentious issues of the Obama presidency. But there is a “Plan B” to cut the United States out of the picture, and it is championed by one of Canada’s wealthiest business dynasties. ...

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