Unrealistic

The Interior Department said Tuesday it will take another pass at the rules set by the last administration for extracting shale oil from two million acres of federal land in Utah, Colorado and Wyoming, with the possibility of cutting the acreage total and raising royalties.

U.S. lawmakers “vastly overstate” how quickly business can reduce carbon emissions, and they could risk an economic collapse if unrealistic reduction mandates are imposed, Chevron Corp. CEO Dave O’Reilly said Thursday in Boston.

U.S. lawmakers “vastly overstate” how quickly business can reduce carbon emissions, and they could risk an economic collapse if unrealistic reduction mandates are imposed, Chevron Corp. CEO Dave O’Reilly said Thursday in Boston.

The use of so-called “conservative assumptions” in a study done for FERC on LNG tanker safety has resulted in “unrealistic potential consequences that may unduly alarm the public,” the Center for Liquefied Natural Gas (CLNG) said last week.

The use of so-called “conservative assumptions” in the study done for FERC on LNG tanker safety has resulted in “unrealistic potential consequences that may unduly alarm the public,” the Center for Liquefied Natural Gas (CLNG) said last week.

The shorter, and some believe unrealistic, response timesimposed by FERC in its final rule to expedite resolution ofindustry disputes will place an inordinate burden on interstatepipelines and other regulated companies that are likely to betargets of customer complaints, pipelines and power utilitiescontend. In fact, some believe the accelerated response deadlinesunfairly weight the process in favor of the complaining parties.Even natural gas producers – who helped spearhead the drive forthe faster complaint process – expressed some concerns, albeit morelimited, about the compressed deadlines.