| News for the oil and natural gas industry
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- Salazar defends Interior's proposed fracking rules
Interior Secretary Ken Salazar defended the need for the Obama administration's proposed rules for hydraulic fracturing on federal lands, saying state regulations are inadequate. Criticism against such rules is also invalid, he said. "There are some who are saying that it's not something we ought to do, it should be left up to the states. That's not good enough for me because states are at very different levels, some have zero, some have decent rules," Salazar said. Reuters
(6/25)     
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U.S. is dedicated to completing fracking rules, official says: The Department of the Interior's proposed rules covering hydraulic fracturing on federal lands are on schedule despite a decision last week that extended the comment period deadline for the regulations, said Heather Zichal, deputy assistant for energy and climate change to President Barack Obama. The rules are expected to be finalized by the end of the year, she said. "We are committed to doing the rule and we are committed to finalizing it," Zichal said. The Hill/E2 Wire blog
(6/25)
 | This film will change how you think about FR. In the film 451°, we look at the danger of fire in a new, startling way. We made the film as a reminder of why we do the things we do. It's a reminder of how important fire safety and FR products are. Watch the film and see for yourself. Visit bulwark.com/451 to view it. |
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- Court rejects challenge against Shell's Gulf project
A petition from environmental groups against Shell Oil's Gulf of Mexico drilling project was dismissed by the 11th U.S. Circuit Court of Appeals. The groups said the company violated the National Environmental Policy Act and the Endangered Species Act, but the court ruled that the requirements were met. "We are pleased with the Court's ruling on the Appomattox Exploration Plan and believe that the Court reached the right result," said Emily Oberton, a spokeswoman for Shell. The Wall Street Journal/Law blog
(6/25)
- Shell conducts drill of containment system for Alaskan project
Royal Dutch Shell tested the containment and capping system that it plans to deploy for its exploratory drilling project off the Alaskan coast this summer. Federal inspectors monitored the company's efforts, but it was not clear whether they considered the test a success. The containment system could collect oil and natural gas during an emergency, Shell said, and the capping stack would allow it to stop leaking oil at a damaged offshore well. FuelFix.com
(6/25)
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- EIA predicts sharp increase in tight oil production by 2035
The Energy Information Administration expects daily production from several tight oil plays to reach 1.23 million barrels per day by 2035. The agency used a "reference" case to calculate the figures. Tight oil output will also account for 12.5% of the country's production this year, the EIA said. Reuters
(6/25)
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- API challenges anti-fracking study
U.S. regulators should eventually ban hydraulic fracturing because it accelerates climate change and poses a risk to the country's underground water supply, according to a study from Cornell University professors Anthony Ingraffea and Susan Christopherson. "[Ingraffea's work] is full of contradictions," said American Petroleum Institute spokesman Reid Porter in response. United Press International
(6/25)
- Highway bill must include Keystone XL measure, House GOP says
A key highway funding bill must include a measure to approve TransCanada's Keystone XL pipeline, House Republicans say. The House approved the Keystone measure in its version of the funding bill, but it failed in the Senate. "We strongly support responsible highway reforms to cut permitting time in half, reduce duplicative federal programs, and ensure taxpayer dollars are spent wisely, as well as job-creating energy initiatives like Keystone," said Kevin Smith, a spokesman for House Speaker John Boehner, R-Ohio. Reuters
(6/25)
- U.S. can benefit from adopting N.D. energy policy, officials say
The U.S. can use North Dakota's energy policy, which covers traditional and renewable sources, as a model for strengthening energy security and generating more jobs, Gov. Jack Dalrymple and Sen. John Hoeven, R-N.D, said. "The comprehensive state energy plan that we launched a decade ago is driving an energy agenda that is more diversified than at any time in our history," said Hoeven. The state has experienced a boom in oil production and a small boom in renewable energy production over the past few years as a result. CNBC/The Associated Press
(6/25)
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