Oil and Natural Gas
Senators urge FERC to include social cost of carbon in pipeline review
Sens. Sheldon Whitehouse (D-RI) and Michael Bennet (D-CO) sent a letter to the Federal Energy Regulatory Commission (FERC) Wednesday urging the commission to consider the social cost of carbon pollution in its review of the Southeast Market Pipelines (SMP) Project. FERC previously approved the p... Read More »Electric utilities, oil and gas groups praise tax reform bill
Energy trade associations responded positively to a sweeping tax reform bill unveiled by House Republicans on Thursday that they said would fuel investment in important energy infrastructure in the United States. House Ways and Means Committee Chairman Kevin Brady (R-TX) introduced the Tax Cuts a... Read More »Brent-WTI price difference highest since 2015, not expected to affect East Coast crude oil supply
Unless recent cost changes continue to widen the gap between West Texas Intermediate (WTI) and foreign crude oil (Brent) prices, East Coast crude oil supply should remain unaffected, according to a recent U.S. Energy Information Administration report. The price gap between Brent and WTI reached i... Read More »Texas Petra Nova facility one of two carbon capture, storage capable power plants worldwide
With the start of operations for a coal-fired power plant earlier this year, Houston, Texas, has become notable as hosting one of only two operating power plants capable of carbon capture and storage (CCS) in the world. The Petra Nova facility is also the only one of its kind in the United States... Read More »FERC approves first three pipeline projects since losing quorum
The Federal Energy Regulatory Commission (FERC) approved three new pipeline projects in October, the first to be approved since the commission lost its quorum in February. FERC regained its quorum in August when the Senate approved two new commissioners. Between February and August, FERC was una... Read More »Jeffrey Bruner