The Interior Department and American Petroleum Institute (API) President Jack Gerard engaged in a war of words Wednesday over the impact of the Obama administration’s policies on the development of onshore and offshore oil and natural gas.
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Interior, API Square Off over Impact of Obama Policies on Leasing
The Interior Department and American Petroleum Institute (API) President Jack Gerard engaged in a war of words Wednesday over the impact of the Obama administration’s policies on the development of onshore and offshore oil and natural gas.
People
Jack N. Gerard, former president of the American Chemistry Council (ACC) and a long-time advocate of expanded offshore drilling, was elected president of the American Petroleum Institute (API) by the board of directors last Monday, succeeding Red Cavaney, who will leave Oct. 31 after 30 years with the institute. The board also named Devon Energy CEO J. Larry Nichols chairman, making him the first CEO of an independent oil and natural gas company to hold that position at the API, which represents producers mostly on issues before Congress. Although he represented chemical companies as head of the ACC, Gerard has been deeply involved in energy issues — particularly as a critic of the ban on drilling in the federal Outer Continental Shelf and its impact on natural gas prices. Nichols co-founded Devon with his father and has been a director since 1971. He was named chairman of the board of directors in 2000, served as president of the company between 1976 and 2003, and has been CEO since 1980. Cavaney will join ConocoPhillips’ office in Washington, DC, as senior vice president of government and public affairs. At the ACC, Gerard has been succeeded by Cal Dooley, most recently CEO of the Grocery Manufacturers Association and a former congressman representing California.
Former Chemical Group President Elected to Head API
Jack N. Gerard, former president of the American Chemistry Council (ACC) and a long-time advocate of expanded offshore drilling, was elected president of the American Petroleum Institute (API) by the board of directors Monday, succeeding Red Cavaney who will leave Oct. 31 after 30 years with the institute.
OCS Legislation Faces ‘Even More Difficult’ Challenge Due to Capitol Hill Turmoil
Citing the continuing fallout from the Jack Abramoff lobbying scandal, the shake-up in the House leadership, the extreme partisan atmosphere on Capitol Hill and the mid-term elections later this year, natural gas industry and Capitol Hill officials believe it will be extremely challenging during the second session of the 109th Congress to get legislation passed that would expand access to onshore and offshore energy supplies.
Legislation Would Place New Restrictions on FERC’s LNG Authority
Sen. Jack Reed (D-RI), who opposes two proposed liquefied natural gas (LNG) import terminals in New England, has introduced legislation that would give the states more power over the authorization of LNG terminals and would place significant new restrictions on the Federal Energy Regulatory Commission’s (FERC) LNG authority.
Legislation Would Place New Restrictions on FERC’s LNG Authority
Sen. Jack Reed (D-RI), who opposes two proposed liquefied natural gas (LNG) import terminals in New England, has introduced legislation that would give the states more power over the authorization of LNG terminals and would place significant new restrictions on the Federal Energy Regulatory Commission’s (FERC) LNG authority.
Industry Briefs
Energy West Corp. subsidiary Energy West Propane Inc. completed the sale of its assets in Montana and Wyoming, including a terminal in Superior, MT, Jack’s Wholesale Propane Inc., an affiliate of Northern Petro NGL Marketing Inc., for $1.4 million, including $750,000 in cash and a promissory note for $620,000, payable over 46 months. Energy West will realize a pretax gain of $185,000 as a result of the transaction. With the completion of this transaction, Energy West has substantially exited the wholesale propane business in Montana and Wyoming.
FERC Hands Pipeline Certificates to Georgia Strait, Sonat, Northwest, Others
FERC was dealing out pipeline certificates like cards at a Black Jack table last Wednesday at its regular agenda meeting. Recipients included the Georgia Strait Crossing pipeline, Northwest Pipeline for a mainline expansion, Southern Natural for its South System II expansion, South Carolina Pipeline for a new line to the Elba Island LNG terminal, Millennium Pipeline (see separate story), two projects designed to serve Long Island (see separate story), and to Northern Natural Gas for compression expansion in Nebraska. Kinder Morgan Texas also won a presidential permit for a border crossing project.
FERC Hands Pipeline Certificates to Georgia Strait, Sonat, Northwest, Others
FERC was dealing out pipeline certificates like cards at a Black Jack table on Wednesday at its regular agenda meeting. Recipients included the Georgia Strait Crossing pipeline, Northwest Pipeline for a mainline expansion, Southern Natural for its South System II expansion, South Carolina Pipeline for a new line to the Elba Island LNG terminal, Millennium Pipeline (see separate story) and two projects designed to serve Long Island (see separate story). Kinder Morgan Texas also won a presidential permit for a border crossing project.