Regulations between mining and oil and gas often spill over. That’s what the industry is worried about in Alaska, as Tim Bradner discusses in this week’s Oilgram News column, Regulation & Environment.
Archive for the ‘Washington watch’ Category
By Brian Scheid | October 20, 2014 12:01 AM Comments (1)
By Jordan Godwin | October 17, 2014 04:10 PM Comments (3)
Don’t look now, but the ethanol blendwall is back.
That 10% cap of how much ethanol can be blended into the US gasoline pool was a fiery issue in the Big Oil vs. Big Farm battle in 2013.
And believe it or not, the number has quietly but quickly crept back up into dangerous territory.
By Brian Scheid | October 3, 2014 01:48 PM Comments (3)
US crude oil exports appear to be the next big energy policy battle, but could a rift between East Coast refiners and US producers, as well as a historic shift in US export rules, be avoided with a limited, temporary waiver to a century-old shipping law?
Perhaps because they want to avoid a prolonged dispute within their own industry, some US refining interests have floated the idea. Some within the industry see a temporary waiver to the Jones Act as a feasible compromise on weakening the current export regime.
By Herman Wang | September 30, 2014 04:47 AM Comments (0)
For two months now, the United Kalavrvta tanker holding 1 million barrels of Kurdish crude has idled in international waters off the coast of Galveston, Texas, awaiting a District Court ruling on whether the oil will be allowed to be sold in the US.
But if the Kurdistan Regional Government is hoping that the Obama administration will soften its stance in opposition to Kurdish oil exports, that doesn’t appear likely, even as the US seeks to aid the Kurdish peshmerga in their fight against the Islamic jihadist group IS.
By Gary Gentile | September 29, 2014 11:06 AM Comments (1)
By Philip Verleger | September 5, 2014 12:01 AM Comments (15)
Economist Philip Verleger looks at the size of the US Strategic Petroleum Reserve, and then looks at the world’s hot spots, and sees a way to solve some of the problems of the latter with the former. He has contributed this guest post to The Barrel blog.
By Brian Scheid | September 3, 2014 10:49 AM Comments (0)
Shortly after she was named chairman of the powerful Senate Energy and Natural Resources Committee earlier this year, Senator Mary Landrieu, a Louisiana Democrat, held a press conference to stress her strong support for the Jones Act.
“The Jones Act is a jobs act, pure and simple,” Landrieu said of the nearly 100-year-old law which requires all vessels shipping cargo between two US locations to be US built, majority US-owned and at least 75% of the crew to be US citizens.
Surrounded by shipping industry representatives, Landrieu criticized the Obama administration for attempts to weaken the act’s purpose. “Waiving the Jones Act literally hands over work to foreign shippers,” she said.
Perhaps most surprising about the press conference, one of the few Capitol Hill press events Landrieu has hosted since taking helm of the energy committee, is that it was not in response to new legislation aimed at weakening the Jones Act, nor was it in response to another potential waiver to the act.
By John Kingston | September 2, 2014 04:29 PM Comments (1)
We hadn’t written about the monthly EIA statistics on US oil supply and demand for a while because they’d gotten kind of dull. The big movements recorded month after month, particularly in product export growth and net import dependence, had fallen into a bit of a predictable range.
That changed in June. The EIA released numbers from that month today.
By Tom Balcerek | August 28, 2014 09:55 AM Comments (0)
There were two interesting news items in the American steel world this week: year-to-date US imports are up 37% from last year while domestic mill capability utilization recently topped 80%, after being in the 70-79% range most of the last few years, climbing from sub-50% levels seen in 2009.
Neither of these items is particularly surprising, as they are the culminations of year-long trends, but they fly in the face of suggestions that American steel consumption has been lackluster this year.