Home / Tag Archives: Obama administration (page 10)

Tag Archives: Obama administration

New U.S. offshore oil drilling rule planned

WASHINGTON – The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic BP Plc oil spill in the Gulf of Mexico, the New York Times reported on Friday, citing Obama administration officials. The Interior Department could make the announcement as early ...

Read More »

Economist, writer John Fund bashes Obama administration’s “war on fossil fuels” at Denver energy conference

DENVER — Oil and gas producers across the country need only wait 22 more months. That marks the end of President Barack Obama’s term, and likely the end of the war on fossil fuels, national political writer and economist John Fund told a packed meeting hall at the Colorado Convention Center at the sixth annual DUG Bakken and Niobrara oil ...

Read More »

North Dakota might challenge new federal fracking rule

BISMARCK, N.D. — North Dakota is considering challenging a new federal fracking rule for U.S. government lands. The Obama administration is requiring companies that drill for oil and gas on federal lands to disclose chemicals used in the hydraulic fracturing drilling technique. A final rule released Friday also updates requirements for well construction and disposal of water and other fluids. ...

Read More »

Oil regulator: Feds public lands rule provides ‘certainty’

BISMARCK, N.D. — North Dakota’s top oil regulator says the recently issued federal rule on hydraulic fracturing is bringing “some certainty” to the oil industry. Department of Mineral Resources Director Lynn Helms says the “long-awaited rule” provides certainty during an unstable time for the industry but also raises “concerns of necessity and duplicity.” The Obama administration is requiring companies that ...

Read More »

Oil and gas industry groups sue over U.S. fracking rules

WASHINGTON – The oil and gas industry moved quickly on Friday to challenge new U.S. regulations for hydraulic fracturing on public lands, minutes after the Obama administration issued the rules. In what could be the start of a broad industry assault on the rules, the Independent Petroleum Association of America (IPAA) and Western Energy Alliance sued the U.S. Interior Department. ...

Read More »

Obama administration puts out fracking rules for federal lands

WASHINGTON — The Obama administration issued its first major fracking rules Friday with standards for wells on federal and Indian lands, requiring disclosure of chemicals and covered storage of waste. While the vast majority of hydraulic fracturing, known as fracking, happens on state and private lands, there are more than 90,000 oil and gas wells fracked on federally managed lands. ...

Read More »

Growing U.S. oil export debate has now spread to geopolitics

Oil Exports

WASHINGTON – Lifting the longstanding ban on U.S. crude oil exports would boost the country’s economy and enhance its global leadership, a former senior Obama administration official will tell senators on Thursday, introducing a strategic dimension to the growing debate over selling American oil abroad. In testimony submitted ahead of a Senate energy committee hearing on U.S. crude export policy, ...

Read More »

White House mulled, then balked at curbing explosive gas on oil trains

WASHINGTON – The Obama administration weighed national standards to control explosive gas in oil trains last year but rejected the move, deciding instead to leave new rules to North Dakota alone. Current and former administration officials told Reuters that they were unsure of federal jurisdiction to force the energy industry to drain volatile gas from crude oil originating in North ...

Read More »

Editorial: Why Keystone stays alive

President Barack Obama last week vetoed legislation that would have greenlighted the Keystone XL pipeline, linking Canadian oil sands to the U.S. Gulf Coast. The Senate lacks the votes to override Obama’s veto. Yet Keystone isn’t dead. Both Democrats and Republicans have an interest in keeping this political football in play. Someday, we hope, the pipeline will be built. But ...

Read More »

Oil train wrecks increase pressure for tougher safety rules

WASHINGTON — Fiery wrecks of trains hauling crude oil have intensified pressure on the Obama administration to approve tougher standards for railroads and tank cars despite industry complaints that it could cost billions and slow freight deliveries. On Feb. 5, the Transportation Department sent the White House draft rules that would require oil trains to use stronger tank cars and ...

Read More »