In April 2013. representatives in the US House of Representatives announced that bipartisan legislation would be introduced in 2014 to take out corn based ethanol requirements in the federal Renewable Fuel Standard The bill is called the Renewable Fuel Standard Reform Act. Those involved in the oil and gas industry…
A disagreement between groups of states is threatening to spill into a lawsuit over methane emissions regulations. Several northeastern states, including Connecticut, Delaware, Maryland, Massachusetts, New York, Rhode Island and Vermont, are threatening to sue the Environmental Protection Agency (EPA) under the Clean Air Act, trying to force the EPA…
As many of you are already aware, oil and gas pipelines in Texas and in the United States are being constructed at a record pace. Oil and gas pipeline construction is expected to be up by 73% in 2013. The Pipeline & Gas Journal recently reported that 116,837 miles of…
Another recent study, this one by the American Petroleum Institute (API), a national association that represents the oil and gas industry, has shown how drilling and spending on shale oil and gas boomed in 2011. This report stated that 10,731 shale oil and natural gas wells were drilled and $65.5…
The US House of Representatives Natural Resources Committee has held at least five meetings in the last two years on the problem of federal oil and gas regulations overlapping with existing state regulations. The Committee’s chairman, Representative Doc Hastings, had a common sense solution to this confusion: “There is a…
Due to increasingly onerous regulations, oil and gas industry associations have filed suit in federal court over the Environmental Protection Agency’s (EPA) planned regulation of greenhouse gases from power plants and vehicles. The regulations come from a 2009 EPA finding that greenhouse gases pose a public health threat- the so-called…
Good news for Texas mineral owners and the Texas oil and gas industry in the form of more investment in our shale resources! An new oil and gas company out of Fort Worth, Texas, Titan River Energy, has announced they will use $100 million from a capital commitment to drill…
The Environmental Protection Agency’s (EPA) Science Advisory Board, recently announced the creation of a new panel on hydraulic fracturing, generally referred to as “fracing”. The formation of the panel comes as the Obama administration is working to revise draft rules for fracing. With new technologies like fracing leading to historic…
The reaction to the death of Venezuelan strongman Hugo Chavez has varied around the world. His antagonism towards the US was well known and vocal. But now that he is gone, the oil and gas industry is curious about what will happen to Petroleos de Venezuela SA (PDVSA), the Venezuelan…
Recently the IHS hosted CERAWeek in Houston, Texas (you can view the brochure here). CERA stands for Cambridge Energy Research Associates, an organization founded in the early 1980s to consult on energy issues for both the government and private companies, and that hosts the annual event in Houston each year.…