( Oil Price) – The Environmental Protection Agency (EPA) has approved California’s bid to enforce a rule to end sales of new gasoline-powered vehicles in the state by 2035. California Gov. Gavin Newsom has applauded the decision, saying it will improve public health by slashing harmful air pollution as residents adopt cleaner electric or hybrid vehicles. “Clean cars are here to stay,” Newsom
(Oil & Gas 360) – A dozen environmental groups have indirectly targeted some of the country’s largest oil and refining companies. The groups claim that the Environmental Protection Agency (EPA) has failed to hold the companies’ coke-making plants accountable for violating the Clean Water Act. The groups say the EPA has never set a national standard for water pollution from
(CNBC) – Washington — The Supreme Court on Friday allowed the Environmental Protection Agency to continue enforcing for now a new rule that set more stringent standards on emissions of mercury and other toxic metals from coal-fired power plants. The court declined a request for emergency relief sought by nearly a dozen states and the energy sector, which had argued the EPA’s new standards
(Oil & Gas 360) – Another 2.5 bcf/d of takeaway is coming for Permian gas via the Matterhorn Express Pipeline, which is expected to be put into service just in time for heating season. According to project lead EnLink Midstream of Houston, Matterhorn is expected to deliver enough natural gas for two million homes after its 580-mile route from the
World Oil (WO) — The American Petroleum Institute (API) released a statement from API Senior Vice President and General Counsel Ryan Meyers applauding the U.S. Supreme Court’s decision to stay the U.S. Environmental Protection Agency’s (EPA) ‘Good Neighbor Rule,’ ensuring the oil and gas industry can continue to provide affordable, reliable energy to American consumers at a time of persistent
World Oil (WO) – The American Petroleum Institute (API) filed a lawsuit in the D.C. Circuit Court of Appeals challenging the U.S. Environmental Protection Agency’s (EPA) heavy-duty (HD) vehicle emissions standards for model years (MY) 2027-2032. “Today, we are standing up for consumers who rely on trucks to deliver the goods they use every single day,” said API Senior Vice
Oil Price U.S. greenhouse gas emissions rose 1.3% in 2022, reflecting post-COVID economic recovery, but declined 17% since 2005, according to the Environmental Protection Agency’s (EPA) Annual US Greenhouse Gas Inventory (GHG Inventory), released every April. The EPA’s neutral policy report has been released annually since its inception in 1993, in accordance with the Paris Agreement and the United Nations
World Oil (WO) – The Environmental Protection Agency (EPA) published the Methane Rule in the Federal Register on Friday, March 8. Texas is challenging this rule, which is detrimental to the oil and gas industry, which is not only vital to the state’s economy, but has also made great strides in emissions reduction. RRC Commissioners voted in late January to
World Oil WASHINGTON – Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman released a statement ahead of the House Energy and Commerce Committee hearing on Wednesday, Jan. 10 at 10:00 a.m. ET examining Environmental Protection Agency (EPA) actions affecting American oil and natural gas operations, particularly those regulations and programs related to methane emissions. IPAA President &
World Oil (WO) — A new analysis by the U.S. Chamber’s Global Energy Institute finds significant flaws with the methodology used in EPA’s new carbon pollution standards for coal and natural gas-fired power plants. “The Chamber strongly supports a low carbon transition and has been among the biggest supporters of investments in research, development and deployment of advanced nuclear, renewables,
Nasdaq NEW YORK – The U.S. government could delay a decision on giving electric vehicle (EV) manufacturers tradable credits under a renewable fuel scheme, due to concern about legal challenges to the plan, two sources familiar with the matter said. The plan would have given EV automakers such as Tesla TSLA.O credits for charging vehicles using power generated from renewable natural gas,
World Oil (Bloomberg) — The Biden administration is deferring a plan to crack down on smog in the drilling hotbed of the Permian Basin, handing a win to oil producers along with their allies in Texas and New Mexico. The Environmental Protection Agency had been considering formally labeling parts of the region as violating federal air quality standards for ozone
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