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Tag Archives: Strategic Petroleum Reserve

Should we worry as oil stocks hit 3 billion barrels? Kemp

(The opinions expressed here are those of the author, a columnist for Reuters.) LONDON – Nearly 3 billion barrels of crude petroleum and refined products are being stored by oil firms in the advanced economies according to the International Energy Agency (IEA). Commentators have seized on the 3 billion figure as a shorthand way to convey how oversupplied the oil ...

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A blur of lobbyists as transportation bill takes shape

WASHINGTON — Congress is racing toward a Friday deadline to renew the law that pays for national transportation programs, and lobbyists trying to shape the legislation are in a frenzy. Among the issues: the length of trucks allowed on roads, whether recalled used cars must be repaired before they can be sold and how to pay for bridges and highways. ...

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5 Points to take away from QER

As prompted by its Climate Action Plan, the U.S. Department of Energy released the first installment of its Quadrennial Energy Review. The review focuses on modernizing and strengthening the United States’ energy transmission, storage and distribution (TS&D) infrastructure, including pipelines, wires, waterways and railroads. The full report’s 348 pages can add up to a lengthy read, but a 10-page fact ...

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U.S. House to hold hearing on oil export ban

WASHINGTON – A House of Representatives panel will hold a hearing on Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance. The House subcommittee on energy and power, chaired by Representative Ed Whitfield, will hone in on the 1975 Energy Policy and Conservation Act, drafted ...

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