11:35 AM, Feb 4, 2014 • By GEOFFREY NORMAN
Curtis Williams, of Oil & Gas Journal, reports that former Energy Secretary Steven Chu had this to say about the Keystone pipeline project:
“I don’t have a position on whether the Keystone Pipeline should be built. That is for the secretary of State and the president. But I will say that the decision on whether the construction should happen was a political one and not a scientific one.”
The Keystone project has been under study and review for some five years. It is being studied and reviewed, yet. And, as Mark Drajem and Jim Snyder at Bloomberg report, some of the studying is, itself, politically motivated and:
Environmentalists aren’t giving up and offered a variety of responses, from refuting the report’s conclusions to seizing on elements that may boost their case or criticizing the U.S. State Department and the contractors that wrote the assessment for being too friendly with the oil industry. Some did all three.
And if further studies of the study do not yield the correct answer then, as Ben Goad and Laura Barron-Lopez at The Hill report, environmentalist might just go home, stay there, and sulk, as:
Environmental groups are warning President Obama that his liberal base might stay home on Election Day if he approves the Keystone XL oil pipeline.
That, or take to the streets, as:
More than 75,000 activists have threatened to engage in acts of civil disobedience if Obama or Secretary of State John Kerry gives Keystone XL the green light.
1:56 PM, Jan 31, 2014 • By GEOFFREY NORMAN
The State Department releases its final environmental report on the Keystone Pipeline today. Justin Sink of The Hill reports:
12:00 AM, Jan 25, 2014 • By IRWIN M. STELZER
There is something about the energy business that is conducive to the creation of myths. So Roger Sant, a long-time and highly respected participant in the energy policy game and in the industries that energy legislation and regulation affect, told a group of Houston oil men recently. Energy myths do die, but only to be replaced by new ones.
3:11 PM, Jan 17, 2014 • By GEOFFREY NORMAN
In a speech to the U.S. Chamber of Commerce, Canada's foreign minister, John Baird put things plainly:
Sep 30, 2013, Vol. 19, No. 04 • By KELLY JANE TORRANCE
It's not often officials from the nation’s largest business lobby and an AFL-CIO-affiliated union speak to one another, let alone work together. But last week, the U.S. Chamber of Commerce and North America’s Building Trades Unions held a joint press conference on Capitol Hill in support of the Keystone XL pipeline that would bring oil from Northern Alberta to the Gulf of Mexico. Nearby that same day, exactly five years after Trans-Canada Corp.
2:58 PM, Aug 12, 2013 • By JERYL BIER
The U.S. Energy Information Administration reports today that sales of fossil fuels produced on federal and Indian land continue to decline, dropping 4 percent in fiscal year 2012. The slide continues a decade-long trend that accelerated in 2010, as the chart accompanying the report shows:
The report explains:
7:02 AM, Jul 25, 2013 • By MICHAEL MAKOVSKY AND JONATHAN RUHE
The momentum to restrict Iranian oil exports has stalled, and it is time for Congress to eschew a more gradualist approach and mandate zero oil exports with zero waivers. This, along with more concrete military pressure, could increase the otherwise slim chances for success in expected new talks with Iran. U.S. lawmakers and Obama Administration officials should not fear the impact on the oil market, which can manage a cutoff of Iranian oil revenue better than can Tehran.
10:54 AM, Jul 17, 2013 • By GEOFFREY NORMAN
Remember the Keystone pipeline Well, if you had forgotten about it, no matter. There has still been no decision on whether or not to go ahead with construction. This, in spite of the fact that:
9:05 AM, Mar 23, 2013 • By GEOFFREY NORMAN
Mark Drajem of Bloomberg reports that “U.S. crude oil production in the fourth quarter will exceed imports for the first time since 1995, as booming fields in North Dakota and Texas put the nation on track to surpass a quarter-century output record.”
12:00 AM, Feb 23, 2013 • By IRWIN M. STELZER
“The tectonic plates are shifting” is a much over-used expression. But when it comes to the international energy industry, the expression is apt.