3-12-12 Today CEA Hosts Gulf Coast Energy Summit Following Alaska Tele-Town Halls
Two weeks ago, Consumer Energy Alliance hosted Tele-Town Halls for all presidential candidates who responded to invitations. Candidates Gingrich and Santorum responded and we later interviewed Paul. Today, Consumer Energy Alliance (CEA)will co-host the 2012 Gulf Coast Energy Summit at the Gulf Coast Coliseum and Convention Center in Biloxi, Miss. Over 500 guests are confirmed to attend what will be a lively and in-depth discussion on NORTH AMERICAN energy issues with presidential candidates and sector leaders from the federal, state, and local level. We will report the outcome.... -dh
FNM. A plan under review in the U.S. Senate could take a $30 million chunk out of the Alaska Railroad's finances by rewriting a Ted Stevens-era (NGP Photo) funding formula that provided a boost to Alaska.
PNA/ADN by Kristen Nelson. BP Exploration (Alaska) Inc. and Conoco Phillips Alaska told the Senate Resources Committee there are projects the companies could do on Alaska's North Slope to increase oil production, but those projects will have trouble attracting capital investment because of high state taxes.
Calgary Herald/Times Colonist by Rebecca Penty. For Canada's largest oilsands producer, sending a recent shipment of western Canadian crude to its Montreal refinery required a detour across the Rockies, over two oceans and through one of the world's busiest waterways.
TNS. EPA Receives EIS for Alaskan Pipeline Construction
Tim Bradner's (NGP Photo)Commentary On In-State Gas Pipeline. The notion of a 24-inch "bullet line" to bring gas south from the Slope was first promoted by former Gov. Sarah Palin (NGP Photo), the argument being that a small pipeline to the Slope would be a fallback for Alaskans needing gas in case the big gas project, a large gas pipeline to Canada, stalls out.
Alaska Dispatch. It's official: North Dakota has surpassed California to become the third largest oil-producing state in the Union. ... An Associated Press article from The Dickinson Press in North Dakota notes that in January, the Peace Garden State produced 16.9 million barrels of oil to California's 15.8 million barrels. North Dakota's crude is coming from the massive Bakken oil patch, where production was up 11,000 barrels in January, over December. There are 6,600 wells and "a record" 205 rigs pumping in North Dakota, the AP reports, while California has more than 49,000 active wells. Alaska remains the second-largest oil producing state, behind Texas. In January, Alaska produced 18.3 million barrels, averaging 592,000 barrels per day, an official with the state Oil and Gas Conservation Commission told the AP.
UPI: Politics sank Keystone XL, Exxon says - A decision to delay a permit for TransCanada's Keystone XL oil pipeline was based largely on U.S. politics, an energy executive said. U.S. President Barack Obama in January denied a permit for TransCanada to build the billion-dollar Keystone XL oil pipeline. Republican leaders had tried to push the permit through by including the pipeline in a bill that extended payroll tax benefits. Obama rejected the permit because of an "arbitrary" deadline proposed in the legislation.
MSNBC: How much would Keystone pipeline help US consumers? - Often lost in the political wrangling over the controversial Keystone XL pipeline – on hold after President Obama rejected TransCanada’s initial construction proposal – are some key findings that run counter to the rosy picture of abundant supply and lower prices so often painted by US politicians. Canadian companies backing the Keystone XL – touted as enhancing US energy security with a big new surge of imported Canadian oil – actually expect it to supply more lucrative Gulf Coast export markets as well as raise Midwest oil prices by reducing “oversupply” in that region.
Washington Post: Gas prices sink Obama’s ratings on economy, bring parity to race for White House - Disapproval of President Obama’s handling of the economy is heading higher — alongside gasoline prices — as a record number of Americans now give the president “strongly” negative reviews on the 2012 presidential campaign’s most important issue, according to a new Washington Post-ABC News poll. Increasingly pessimistic views of Obama’s performance on the economy — and on the federal budget deficit — come despite a steadily brightening employment picture and other signs of economic improvement, and they highlight the political sensitivity of rising gas prices.
Washington Post: Are gas prices the 2012 sleeper issue? - It’s the gas prices, stupid. Since the 2012 election began — and, in truth, long before that — the political smart set has assumed that this election would be determined by what the unemployment rate in the country is on Labor Day. History — and exit polling from early voting states — tells us that when the economy is sputtering, that’s all anyone cares about. But, assuming the politics of the economy are determined solely by the unemployment rate in 2012 misses another critical factor likely to help voters make up their collective minds: The price of gas.
Bloomberg: Obama monitors for gasoline, diesel fraud - The Obama administration is monitoring gasoline and diesel fuel prices in 360 U.S. cities to guard against fraud or price manipulation, according to a White House report released today. President Barack Obama said at a press conference March 6 that he asked Attorney General Eric Holder to reconstitute a special task force to ensure that the administration “is paying attention to potential speculation in the oil markets.” The extent of the gasoline and diesel price monitoring is in today’s report, which also says the administration has made progress weaning the U.S. from foreign oil imports.
The Hill: Poll shows trouble for President Obama on gas prices, economy - A new poll shows that nearly two-thirds of Americans disapprove of the way President Obama is handling gasoline prices, a finding which could blunt his election-year political gains from the brightening economic picture. Sixty-five percent disapprove of Obama’s performance on prices at the pump that have surged in recent weeks, while 26 percent approve and nine percent had no opinion, according to a Washington Post-ABC News poll released Monday.
Politico:White touts successes in energy security strategy - The U.S. has made significant advances in the year since President Barack Obama outlined an ambitious strategy for improving energy security, according to a White House progress report out Monday.
Those goals included reducing oil imports by one-third over the next decade, expanding oil and natural gas production, promoting clean-energy deployment and funding energy-efficiency upgrades.
Politico: Poll: Most say Obama tanking on gas - Almost two-thirds of Americans, 65 percent, said they disapprove of the way Obama is dealing with rising prices at the pump, a new Washington Post/ABC News poll finds. Only 26 percent — the president’s lowest rating in the poll — said they approve of his handling of gas, while a majority, 52 percent, said they “strongly” disapprove. The news comes as a survey over the weekend found that gas prices jumped 12 cents over the past two weeks, with the average price for a gallon of self-serve regular standing at $3.81, as CNN reported.
Gasoline prices skyrocketed over the weekend in Houston as thousands of Texans took to the roads for the spring break holiday. Houston drivers were paying on average $3.56 on Thursday, but prices jumped 17 cents over the weekend to $3.73, marking the highest average gasoline price in Texas. Drivers are now paying 22 cents more than they were a month ago. The national average rose a meager 3 cents over the weekend to $3.80.
LA Times: Louisiana’s ambitious coastal vision - On an unseasonably warm winter morning, Earl Armstrong Jr. eases his airboat out of the slip, past a fishing crew hacking up a shark on the pier and a canal strung with hunting camps on stilts, into the broad waters of West Bay. Armstrong, 67, kills the airboat's engine and, looking around, remembers a place nothing like this one.