When done properly, extraction of natural resources from federal land has helped develop the economy while at the same time providing valuable income to defray the costs of running the federal government. Leases are certainly not new and, according to the Bureau of Land Management (BLM), there are currently over 46,000 active leases on federal …
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The recent free-fall of crude oil prices has affected markets across the globe. Energy companies have responded by scaling back investments as their available capital shrinks. In British Columbia, delays are hampering the Pacific Northwest LNG project. Likewise, in Texas, a liquefaction project has been suspended off its coast by Excelerate Energy. Yet, meanwhile, Alaska …
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According to data released last week, holiday shopping sales in 2014 grew. That’s good news for the economy, and it suggests American consumers are feeling optimistic about the future. But behind the scenes, the uptick in sales was made possible by the dedicated men and women who make our modern transportation sector function. As our …
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New US tank car rules that could be issued in early 2015 provide an opportunity for government, shippers and equipment makers to work together in advancing the safety of crude and ethanol moved by rail. The new rules from the US Department of Transportation’s (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) will have significant consequences for America’s energy sector and …
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WASHINGTON — President Obama came under new pressure on Friday to make a decision on the Keystone XL pipeline as the Nebraska Supreme Court cleared the way for its construction through the state and the House passed a bill forcing approval of the project. The House vote of 266 to 153 in favor of the …
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A crucial piece of the Keystone XL pipeline puzzle could fall into place as soon as Friday, with a Nebraska court set to deliver a long-awaited ruling on whether the project’s proposed route through the state is legal. The highly anticipated decision won’t seal the fate of the oil sands pipeline one way or the …
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By Mike Wereschagin Size matters. At least, it should when it comes to regulating more than 230,000 miles of pipelines that gather natural gas in drilling fields across the country, the former head of the federal Pipeline and Hazardous Materials Safety Administration said. Known as gathering lines, the lines largely transport natural gas to processing …
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Some Europeans may be tempted to celebrate Russia’s recent decision to abandon South Stream, a Black Sea pipeline, conceived to connect Russian gas to centralEurope by way of Bulgaria. Yet, from the U.S. perspective, the Europeans have neither the time, money, nor luxury for schadenfreude. To be sure, the cancellation is momentous. South Stream was …
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Originally posted on Forbes. 2014 included headlines of stalled infrastructure projects, concerns over plummeting oil prices, and tough partisan battles over the future of renewables and greenhouse gas emission targets. Yet despite these hurdles, bright spots can be seen on the horizon in the global energy market for 2015, due to the innovation, creation, and …
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