U.S. energy independence won’t be achievable until at least 2030, even with a renewed focus on domestic energy resources, energy infrastructure and unconventionals, according to more than two-thirds of the energy executives responding to a new survey conducted by KPMG Global Energy Institute (GEI).
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Natgas Clear Winner in EPA’s Power Plant Emissions Proposals
Emissions limits for new power plants detailed in proposed New Source Performance Standards issued last week by the U.S. Environmental Protection Agency (EPA) are achievable and “in line with investments already being made,” according to EPA, but those claims were quickly disputed by some industry representatives.
Coal Hit Hard by EPA’s Proposed Emissions Rules for Power Plants
Emissions limits for new power plants detailed in proposed New Source Performance Standards issued Tuesday by the U.S. Environmental Protection Agency (EPA) are achievable and “in line with investments already being made,” according to EPA, but those claims were quickly disputed by some industry representatives.
Shippers to Stick with Keystone XL, TransCanada CEO Says
As TransCanada Corp. pursues various parts of the spurned Keystone XL oil pipeline project, shippers who hold long-term firm contracts equating to 850,000 b/d are continuing to stick with the C$7 billion, 1,700-mile pipeline project, TransCanada CEO Russ Girling told an institutional investment conference in British Columbia (BC) Thursday.
New EPA Rules: King Coal Is Dead?
The Environmental Protection Agency’s (EPA) Mercury and Air Toxic Standards for power plants — commonly referred to as Utility MACT (for maximum achievable control technology) — were finalized recently, and while they cast a shadow on coal-fired generators, the stricter rules offer a brighter future for natural gas demand.
New EPA Rules: King Coal Is Dead?
The Environmental Protection Agency’s (EPA) Mercury and Air Toxic Standards for power plants — commonly referred to as Utility MACT (for maximum achievable control technology) — were finalized last week and were expected to be released Wednesday.
Market Oversold? No Worries; September Trades Unchanged
September natural gas was unchanged Friday as the volatility following Thursday’s inventory report all but vanished, and managers see an oversold but non-threatening market. At the close September was flat at $3.941 and October had risen 0.7 cent to $3.962. September crude oil added 25 cents to $86.88/bbl.
MN Governor Wants State’s Fossil Fuel Use Cut 15% by 2015
Minnesota Gov. Tim Pawlenty has set a new aggressive energy savings goal of cutting the state’s fossil fuel use by 15% by 2015. Pawlenty believes the goal is achievable through energy efficiency and renewable resources, and he also raised the bar for renewables to 25% by 2025 from a previous goal of 10% by 2015.