FOSSIL FUELS

House Panel Approves Bill to Limit Federal Hydraulic Fracturing Rule

The House Natural Resources Committee has advanced a bill aimed to protect states’ rights in regulating hydraulic fracturing and prevent duplicative federal regulations. On July 31, 2013, the House Natural Resources Committee approved the Protecting States’ Rights to Promote American Energy Security Act (H.R. 2728) aimed to prevent duplicative federal and state hydraulic fracturing regulations…....

EIA Releases 2013 International Energy Outlook

EIA projects a 56 percent growth in world energy consumption by 2040, driven by economic growth in emerging countries.  Over its 2010-2040 projection period, renewables and nuclear are the fastest-growing sources, though fossil fuels continue to supply 80 percent of energy consumption. On July 25, 2013, the Energy Information Administration (EIA) released its 2013 International…...

DOI rejects FAIR Act Citing Adverse Fiscal Impact

At the Senate hearing on the FAIR Act, the DOI declined support for the bill, saying it lacks definite conservation or energy policy goals, would increase the federal deficit, and reduce return to taxpayers. At the Senate Energy and Natural Resources Committee hearing held on July 23, 2013, the Department of Interior’s (DOI) Deputy Assistant Secretary for Budget,…...

Military Officials Say Renewable Technologies are Critical to U.S. Energy Security

The oil and shale gas boom will not achieve U.S. energy security, according to senior military officials speaking at New York Energy Week. Instead, the shale boom could intensify national security problems if it leads away from investment in renewable energy development. Panelists who spoke at the Redefining U.S. Energy Security for the 21st Century…...

DOE Lab Releases Preliminary Statement on Hydraulic Fracturing Study

NETL has stated nothing of concern has thus far been found for preliminary results of its ongoing hydraulic fracturing study at Pennsylvania’s Marcellus Shale. On July 19, 2013, the Department of Energy’s National Energy Technology Laboratory (NETL) released a preliminary statement of its ongoing hydraulic fracturing study at two Pennsylvania drilling sites.  NETL stated that…...

House Panel Votes to Restrain Major EPA Rules

The Energy Consumers Relief Act, approved by the House Energy and Commerce Committee, would prevent EPA from finalizing major energy-related rules without DOE approval.   On July 17, 2013, the House Energy and Commerce Committee approved three energy-related bills – H.R. 1582, H.R. 1900, and H.R. 83 – aimed to promote economic growth and energy…...

DOE Examines Climate Change Impact on Energy Sector

DOE released a report examining the impacts of climate change on the nation’s energy and electricity infrastructure, including an assessment of ongoing efforts and potential opportunities to improve the energy sector’s climate resilience.   On July 11, 2013, the Department of Energy (DOE) released a report examining current and future impacts of climate change on…...

OPEC Crude Demand to Slip Driven By U.S. Growth

OPEC forecasts that demand for its crude will decline by 2.6% despite notable growth in global oil demand, citing U.S. production growth as a major projection driver. On July 10, 2013, the Organization of Petroleum Exporting Countries (OPEC) released its 2014 oil market outlook, assessing OPEC’s performance in the global market.  The report projects that…...

BLM Approves New Mexico Natural Gas Pipeline

BLM has approved a 234-mile natural gas pipeline to transport natural gas liquid products across New Mexico and to markets in Texas. On July 4, 2013, the Bureau of Land Management (BLM) approved the construction and operation of the Western Expansion Pipeline Project III, a 234-mile natural gas pipeline from northwestern New Mexico to the…...

President Obama Unveils Comprehensive Climate Agenda

President Obama’s second-term climate agenda includes sweeping measures to cut carbon emissions from power plants, boost renewable energy production, increase fuel economy standards, and advance international initiatives to combat climate change. On June 25, 2013, President Barack Obama outlined a comprehensive Climate Action Plan prioritizing measures to limit greenhouse gas (GHG) emissions to set a…...