Tag Archives: oil

EPA Issues Tougher Rules for Oil and Natural Gas Production

EPA – sensitive, if not given over to election year politics and high energy prices – also said the standards would enable companies to collect additional natural gas that can be sold. The updated EPA standards include the first federal clean air rules for natural gas wells that are hydraulically fractured, specifically requiring operators of new fractured natural gas wells to use what it says are cost-effective technologies and practices to capture natural gas that might otherwise escape the well. Continue reading

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President Obama Kicks Keystone Pipeline Decision down the Road – after 2012 Election. Corruption Charged at State Dept.

True to form, Obama caught between his political desire to appear to be encouraging energy independence and his need to bolster waning support among environmentalists in what could be a tough bid to keep his job, today ordered the State Department to look at alternative routes that would avoid the Sand Hills in Nebraska. This effectively kicks the political problem down the road until after the 2012 Presidential election. Nevertheless, it does not address larger policy and environmental issues surrounding the tar sands derived oil pipeline. Continue reading

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Department of Energy, Qatar Sign Agreement on Clean Energy

Qatar, an ally of the United States in the ongoing Libya war, has enormous reserves of both oil and natural gas, and as a result is an extremely wealthy nation. Qatar has agreed to market Libyan oil from sites controlled by the Libyan rebels and has sent troops to fight. Qatar also sponsors the Al-Jazeera television news network, the most influential media outlet in the Arab world. Continue reading

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Gasoline Prices Rising. Another Roller Coaster Ride Underway?

At the end of December 2010 gasoline prices in the United States rose above $3 a gallon for the first time since October of 2008. The difference this time around is that in 2008 the pricing trend was downward, having … Continue reading

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