Biden Administration

AGA Questions Biden Admin Plan to ‘Triple Rate of Electrification’ in Federal Buildings

AGA Questions Biden Admin Plan to ‘Triple Rate of Electrification’ in Federal Buildings

The American Gas Association (AGA) called the plan of the U.S. Department of Energy (DOE) to electrify all new or recently renovated federal buildings “impractical, unscientific and expensive.” Earlier this month, the Biden administration unveiled its Federal Building Performance Standard (BPS), which aims to achieve “zero” direct on-site emissions, aka Scope 1 emissions, in 30%…

December 16, 2022
U.S. Crude Production Edges Higher Along with Demand; Biden to Tap Reserves Again

U.S. Crude Production Edges Higher Along with Demand; Biden to Tap Reserves Again

American exploration and production (E&P) companies raised oil output modestly last week as overall petroleum demand recovered some ground after multiple declines earlier in the fall, the U.S. Energy Information Administration (EIA) said Wednesday. U.S. oil production last week increased by 100,000 b/d to 12.0 million b/d, EIA said in its latest Weekly Petroleum Status…

October 19, 2022
OPEC-Plus Agrees to Slash Production in Attempt to Boost Prices, Bolster Russia

OPEC-Plus Agrees to Slash Production in Attempt to Boost Prices, Bolster Russia

OPEC-plus members, including Saudi Arabia and Russia, agreed on Wednesday to cut crude production by 2 million b/d. It marked the coalition of oil-producing countries’ largest pullback on output since the early days of the pandemic in April 2020, a move that could both send prices back to $100/bbl and aid Russia’s escalating war in…

October 5, 2022
Mexico, Trading Partners in ‘Productive’ Dialogue Amid Talk of Energy Export Bans

Mexico, Trading Partners in ‘Productive’ Dialogue Amid Talk of Energy Export Bans

Mexico, the United States and Canada continue to work through their trade policy differences as the world’s energy supply becomes an increasing piece of geopolitical gamesmanship. It has been 75 days since U.S. Trade Representative (USTR) Katherine Tai announced that her office was requesting dispute settlement consultations with Mexico centered around energy. Under rules of…

October 4, 2022
Biden Backs Ongoing LNG Exports to Europe as Russia’s War in Ukraine Rages, Report Says

Biden Backs Ongoing LNG Exports to Europe as Russia’s War in Ukraine Rages, Report Says

The Biden Administration remains committed to supporting robust levels of LNG exports in support of Europe’s efforts to bolster supplies for winter, according to a report Tuesday.  The continent is moving with haste to reduce its dependence on Russia amid the Kremlin’s war in Ukraine and is consistently calling for U.S. shipments of the super-chilled…

October 4, 2022
U.S. Floating Offshore Wind Capacity Growing, with API Collaborating on Safety

U.S. Floating Offshore Wind Capacity Growing, with API Collaborating on Safety

The Biden administration has tacked another 15 GW of floating offshore wind capacity to its clean energy goals, as the American Petroleum Institute (API) inked a preliminary agreement with the Offshore Operators Committee (OOC) to develop safety management systems (SMS).  With “decades of offshore operating experience under highly technical and complex conditions” under its belt,…

September 27, 2022
Court Rejects Industry, Wyoming Challenge to Biden Administration’s Oil, Gas Lease Pause

Court Rejects Industry, Wyoming Challenge to Biden Administration’s Oil, Gas Lease Pause

The Biden administration’s Bureau of Land Management (BLM) has broad authority to postpone oil and gas lease sales to address environmental concerns, a federal judge ruled in tossing one of several lawsuits filed by industry groups and GOP-led states. U.S. District Court Judge Scott Skavdahl of the District of Wyoming last Friday (Sept. 2) ruled…

September 7, 2022