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February 22, 2013
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News for the oil and natural gas industry

  Top Story 
  • API, others seek to overturn appeals court ruling on E15
    The U.S. Supreme Court should review an appellate court's ruling that supported the Environmental Protection Agency's approval of E15 in vehicle model years 2001 and newer, according to a coalition of industry groups including the American Petroleum Institute. "Had EPA stayed within its statutory authority and followed proper procedures, it would have waited until ongoing E15 testing on engines and fuel systems was completed before allowing the use of E15," said Bob Greco, API's downstream and industry operations director. "Then it would have discovered that E15 is not safe for millions of vehicles now on the road." The Hill/RegWatch blog (2/21), Reuters (2/21) LinkedInFacebookTwitterEmail this Story
  Industry News 
  • Execs tout role of Appalachia in driving growth
    Several energy executives touted the role of Appalachian natural gas drilling in spurring growth for their companies. "Most of our production and our reserves are in the Marcellus, that's really a result of investing a tremendous amount of capital over the last two years," said J. Russell Porter, president and CEO of Gastar Exploration. "Appalachia has treated us very well," said John Walker, president and CEO of Enervest. The State Journal (Charleston, W.Va.) (2/21) LinkedInFacebookTwitterEmail this Story
  Exploration & Production 
  Policy Watch 
  • Emissions bill won't advance in Senate, Gerard says
    A bill unveiled by Sens. Barbara Boxer, D-Calif., and Bernie Sanders, I-Vt., that would place fees on coal and petroleum emissions won't advance in the Senate, said Jack Gerard, president and CEO of the American Petroleum Institute. "I think no, it will not get to the floor, and I think the reason it won't get to the floor is the dynamics surrounding carbon has changed," he said. The U.S. natural gas production boom has helped reduce the country's emissions without legislation, Gerard added. The Hill/E2 Wire blog (2/21) LinkedInFacebookTwitterEmail this Story
  • Interior chief signs NPR-A management proposal
    Interior Secretary Ken Salazar has signed a new management plan for the National Petroleum Reserve-Alaska, which balances oil and natural gas development with conservation in the sprawling 23-million-acre reserve. "This comprehensive plan will allow us to continue to expand our leasing in the NPR-A, as has happened over the last three years, while protecting the outstanding and unique resources that are critically important to the culture and subsistence lifestyle of Alaska Natives and our nation's conservation heritage," Salazar said. ABC News/The Associated Press (2/21) LinkedInFacebookTwitterEmail this Story
  • Ill. lawmakers introduce fracking bill with strict provisions
    Illinois lawmakers have proposed legislation containing what would be the toughest policies in the country for hydraulic fracturing. Under the bill, energy firms need to perform rigorous water testing, disclose fracking chemicals and mitigate air pollution. "The revenue that this is going to generate for the entire state of Illinois ... is going to be maybe one of the things we need to get out of our financial challenges that we face in this state," said state Rep. David Reis, one of the bill's co-sponsors. SeattlePI.com/The Associated Press (2/21) LinkedInFacebookTwitterEmail this Story
  API News 
  • API Specification Q1 Training, TIEC, Feb. 26 and 27
    In two information-packed days you'll get an overview of the requirements of API Spec Q1, what makes it so valuable and why you need to know about these essential elements of the program. Based on API Specification Q1, Specification for Quality Programs for the Petroleum, Petrochemical and Natural Gas Industry, the course takes an informative look at the requirements, interpretations and practical applications of the quality management principles used throughout the oil and natural gas industry. Learn more. LinkedInFacebookTwitterEmail this Story
  • Another chance to support U.S. natural gas exports
      
    The Obama administration is asking for a second round of comments to get your thoughts on liquefied natural gas exports. Thanks to our abundant natural gas resources, America has a multibillion-dollar opportunity at its fingertips. According to a recent Department of Energy study, LNG exports have the potential to generate up to $47 billion in new economic activity in the U.S. by 2020. Don't wait: Tell the Department of Energy that we can't miss this opportunity to tap into our LNG potential. LinkedInFacebookTwitterEmail this Story

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