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Tag Archives: Regulation

Goldman Sachs Supports Methane Policy, and Why it Matters

Conor O’Sullivan | Breaking Energy Good energy policy ideas can come from all corners, and Wall Street is no exception. Goldman Sachs recently served up a powerful case for action on methane in a stroke of market logic grounded in data. In a recent report, the investment bank argues that environmental regulation is more than a necessary evil when it comes ...

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Effort to put anti-fracking measure on ballot fails

Megan Schrader | The Colorado Springs Gazette DENVER – Backers of a proposed ballot question to increase local regulation over the oil and gas industry threw in the towel Monday, admitting the group was unlikely to collect almost 86,000 signatures by the Aug. 4 deadline. The Colorado Community Rights Network was relying almost exclusively on volunteers to collect signatures to ...

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Energy News Roundup: Oil Exports in Spotlight, Pay Moves in Step with Oil & Gas Industry

Jared Anderson | Breaking Energy The topic of exporting US oil – or minimally processed condensate – was one of the hottest at the EIA’s energy conference, which kicked off yesterday in Washington DC. “John Auers, executive vice president of the engineering firm Turner, Mason & Co., said rulings by the U.S. Commerce Department allowing two Texas companies to sell ...

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Federal intervention into Ohio’s failure to comply with regulations demanded

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Note: this press release was issued by the FreshWater Accountability Project. FOR IMMEDIATE RELEASE (Toledo, OH) Last Friday, July 11, a certified letter to the United States Environmental Protection Agency (USEPA) was sent outlining Ohio’s insufficient regulation of radioactive oil and gas waste and the imminent harm Ohio residents will face as a result. Attorney for the FreshWater Accountability Project ...

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California oil regulators add 95 wells to review

John Cox | Bakersfield Californian State regulators responsible for last week’s emergency shutdown of 11 Kern County oil field injection wells are scrutinizing 95 other fully permitted wells they say may have contaminated protected groundwater. Although the wells appear to have been exempted from the Safe Drinking Water Act decades ago, state Department of Conservation official Jason Marshall said by ...

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PPL spinoff should bring stability to company

ppllogo

Spencer Soper, The Morning Call PPL Corp.’s decision this month to spin off its power plants into a new company represents the latest fallout from the natural gas boom that has disrupted the nation’s unregulated electric industry. Companies that make electricity hoping to sell it for a profit have been in a protracted slump, forcing some into bankruptcy or to ...

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Rep. Upton: Cut federal restrictions on drilling

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Shane Thielges | Shale Plays Media An article by House Energy and Commerce Committee Chairman Fred Upton, R-Mi., on CNBC today says it’s high time Americans started seeing lower gas prices from the shale boom. Upton says the boom has paid off in decreased imports and prices that have remained relatively steady amid violence in Eastern Europe and the Middle ...

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Feds behind on oil well inspections in Dakotas

pump jack

By JAMES MacPHERSON | Associated Press BISMARCK, N.D. — Federal oilfield inspectors are hustling to clear a backlog of hundreds of uninspected well sites on public and tribal lands in North Dakota, amid the explosion of drilling activity. The Bureau of Land Management, which oversees drilling on federal land, said agency regulators are being brought in from other states to ...

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Negotiations continue on Colorado legislation regarding local control over oil and gas operations

By T.M. Fasano | The Greeley Tribune, Colo. Negotiations on possible legislation regarding local control over oil and gas operations are continuing between Colorado Gov. John Hickenlooper’s office and various stakeholders, but calling a special legislative session on the issue is still up in the air. Colorado House Majority Leader Dickey Lee Hullinghorst, D-Boulder, who has been involved in the ...

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Push for planning, permits help emergency crews find camps in North Dakota’s booming oil patch

twista

BISMARCK, North Dakota (AP)— When workers began spilling into western North Dakota for high-paying oil jobs and nowhere to live, they set their eyes on the unregulated prairie of the state’s largest oil-producing county — quickly turning it into a mass of trailer parks and scattered RVs. Crew camps were set up haphazardly along unnamed roads across McKenzie County thanks ...

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