The Energy and Commerce Investigations Panel Takes Action On RIN Fraud
E&C TAKES ON RIN FRAUD: The Energy and Commerce Committee’s Oversight and Investigations panel meets today to go over fraudulent RINs, the biodiesel credits companies can buy to comply with biofuels mandates. Several companies have been charged with selling millions of forged RINs, but critics are taking aim at EPA’s [...]
Categories: Energy Tags: The Energy and Commerce Investigations Panel Takes Action On RIN Fraud
Bio Fuels = Energy Independence
BIOFUELS MEAN ENERGY INDEPENDENCE, RFA CHIEF SAYS: Biofuels have been a key driver in lower oil imports and thus greater energy security, Renewable Fuels Association President and CEO Bob Dinneen will testify. “Without ethanol and without the RFS, our 2011 rate of oil import dependence would have been 52 percent, [...]
Categories: Energy Tags: Bio Fuels = Energy Independence
Gas Prices Falling, For Now
Gas Prices Falling Rapidly, for now… USA Today notes the cost of gasoline could be below $3 a gallon by the November election. “Nationally, regular gasoline averages $3.47 a gallon, down 47 cents from this year’s high in April and well below the $5-a-gallon fears fanned earlier this year by energy [...]
Categories: Energy Tags: For Now, Gas Prices Falling
FEC Energy Filings
FEC FILINGS HIGHLIGHTS – CHESAPEAKE GIVES BIG TO ROMNEY: Midnight was the monthly FEC filing deadline for political action committees to report their activities from May. Here are some highlights from the oil and gas sector. – Chesapeake Energy’s PAC gave $40,000 to Romney Victory Inc., the joint fundraising committee [...]
Categories: Energy Tags: FEC Energy Filings
Supporters Of Green Energy Initiatives Have To Rush To Save Military Plan
ALTERNATIVE ENERGY SUPPORTERS RUSH TO SAVE MILITARY INITIATIVES: Green energy advocates are scrambling behind the scenes to prevent what they say could be a devastating blow to the military’s biofuels initiatives, and the clock is ticking. The Senate is expected to consider its defense authorization bill this summer, including amendments [...]
Oil Prices Dip, Good News For Economy
GOOD NEWS! LOWER OIL PRICES WILL HELP - It can’t all be doom and gloom right? FT’s Gregory Meyer in New York and Robin Harding in Washington: “Sinking crude oil markets promise lower US petrol prices for weeks to come in a potential gift to consumers … Easing fuel costs during the [...]
Categories: Energy Tags: Good News For Economy, Oil Prices Dip
Breaking News: Offshore Drilling Slow Down Causes Economic Impact
Gulf Coast Businesses Suffer Strain of Offshore Drilling Slowdown Posted: 12 Mar 2012 11:28 AM PDT As gas prices continue to climb, approaching a nationwide average of nearly $4, lawmakers in Washington turned their attention to the drilling slowdown in the Gulf of Mexico. The House Subcommittee on Energy and [...]
Categories: Energy Tags: Breaking News: Offshore Drilling Slow Down Causes Economic Impact
Breaking News on Keystone XL
POLITICO Breaking News ————————————————- Fifty-six senators voted to mandate construction of the Keystone XL oil pipeline, just short of the 60 needed for the proposal to be attached to a highway bill being debated on the Senate floor. The vote was 56-42. The Obama administration had lobbied Democrats not to [...]
Categories: Energy Tags: Breaking News on Keystone XL
