Two key US senators Wednesday plan to unveil a new bill that would expand revenue sharing for oil and natural gas production in federal waters, accelerate payments for coastal states and extend payments to renewable energy development.
All along the millions of miles of highways that crisscross North America, wheels are in motion to remake the truck stop.
A draft State Department report concludes that building the Keystone XL pipeline would not speed up development of Canada's oil sands, dealing a blow to environmentalists who claim Keystone would worsen climate change.
Governors Nikki Haley, Pat McCrory (N.C.) and Bob McDonnell (VA) today sent a letter today to Sally Jewell, President Barack Obama's Interior Secretary designate, asking her to re-examine the Obama Administration's opposition to energy exploration and production on the Atlantic Outer Continental Shelf.
More than half the Senate on Wednesday urged quick approval of the Keystone XL oil pipeline, ramping up pressure on President Barack Obama to move ahead with the project just days after he promised in his inaugural address to respond vigorously to the threat of climate change.
Ten GOP governors and the premier of Saskatchewan are putting fresh pressure on President Obama to greenlight the proposed Keystone XL pipeline, which would bring Canadian oil sands to Gulf Coast refineries. Premier Brad Wall and the governors, in a letter to Obama Thursday, call the project "fundamentally important" to the future economic prosperity of the United States and Canada.
A new IHS Study measures economic benefits of Unconventional Oil and Gas Production for each State in the United States Lower 48.
As our nation's leaders work to improve our nation's struggling economy, there is one opportunity we cannot overlook: a responsible exports policy. U.S. Senators and Representatives from across the country have voiced their support for natural gas exports as a unique American opportunity that will create jobs and strengthen our energy security.
It has taken a couple of years for the energy industry to acknowledge a new reality: Natural gas availability is soaring in contravention of forecasting models that have been in use for decades, and the fuel is set to transform everything from power generation and transport to chemicals and even the trade deficit.
The United States will overtake Saudi Arabia to become the world's biggest oil producer before 2020, and will be energy independent 10 years later, according to a new forecast by the International Energy Agency.
