Energy Security
Exclusive interview: Obama says cheap gas won’t last
David Shepardson, The Detroit News Washington – — President Barack Obama is warning Americans that cheap gas prices won’t last indefinitely, and he’s standing by his support of small, fuel-efficient vehicles. “I would strongly advise American consumers to continue to think about how you save […]
Two utilities opt out of Cape Wind
Future of Nantucket Sound turbine project in doubt as purchase contracts are terminated By Jim O’Sullivan GLOBE STAFF JANUARY 07, 2015 The Cape Wind plan was dealt a major setback Tuesday when two power companies that had agreed to buy energy from the Nantucket Sound […]
API chief optimistic about industry’s future amid price decline
Posted on January 6, 2015 at 4:33 pm by Jennifer A. Dlouhy WASHINGTON — Low oil prices aren’t quenching the industry’s thirst for action in the nation’s capital, where the American Petroleum Association is pressing for crude exports, lighter regulation and revamped U.S. biofuel mandates. […]
Chevron Announces Gulf of Mexico Discovery
Posted on January 6, 2015 at 10:28 am by Ryan Holeywell HOUSTON — Chevron Corp. said it’s made a significant discovery in the Gulf Of Mexico about 140 miles off the coast of Louisiana. But the company did not announce the volume of reserves believed […]
New Senate chairmen aim to undo Obama’s policies
Posted on January 5, 2015 at 7:02 am by Associated Press WASHINGTON — Republican senators poised to lead major committees when the GOP takes charge are intent on pushing back many of President Barack Obama’s policies, setting up potential showdowns over environmental rules, financial regulations […]
Louisiana stands to gain more than 31,000 jobs
WASHINGTON, DC, Nov. 19 11/19/2014 By Nick Snow OGJ Washington Editor Offshore oil and gas leasing in the eastern Gulf of Mexico and on the US Atlantic and Pacific coasts could create more than 838,000 American jobs and raise more than $200 billion in revenue for […]
Louisiana would get big economic boost from eastern Gulf of Mexico drilling, report says
By Jennifer Larino, NOLA.com | The Times-Picayune on November 20, 2014 at 1:05 PM, updated November 20, 2014 at 9:46 PM Louisiana stands to gain more than 31,000 jobs and nearly $344 million per year in new state revenue over the next two decades if […]
Rigzone- Studies Highlight Job, Economic Potential of Expanding US Offshore Leasing
by Karen Boman| Rigzone Staff| Wednesday, November 19, 2014 The United States could create almost 840,000 jobs and generate more than $200 billion in government revenue by opening the eastern Gulf of Mexico and U.S. Atlantic and Pacific Outer Continental Shelf (OCS) to offshore oil […]
Marine Technology- Study: US Offshore Holds Huge Untapped Potential
Posted by Eric Haun November 19, 2014 New studies show huge economic and energy potential of untapped offshore areas Two new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy and economic benefits […]
Bloomberg: Opening Areas for Offshore Drilling Would Add Output
By Dan Murtaugh Nov 19, 2014 10:30 AM ET Opening the eastern Gulf of Mexico and the Pacific Ocean outer continental shelf would add 2.2 million barrels of oil equivalent a day to U.S. production by 2035, the American Petroleum Institute said in a report. Allowing […]
