Northern Gas Pipelines News for May 10 & 11
5-10-12 & 5-11-12
Enviro group just 1 of top 10 foreign-funded charities - CTV.ca - ... foreign donors to finance their campaigns against oil and gas projects. ... hijack hearings on a pipeline that would bring Alberta oilsands bitumen to a ...
Today, we encourage readers to make note of this link for future reference: Administration actions designed to increase the cost and reduce the reliability of energy. As our faithful readers know, we can add a significant number of allegations to this list, and will do so at the earliest opportunity. Thanks to the Institute for Energy Research for this good work -- and to reader Lee Gerhard for bringing it to our attention! -dh
HERE IS SOME GOOD NEWS: U.S. Rep. Bill Flores of Texas yesterday offered an amendment to H.R. 5326 (Fiscal Year 2013 Commerce, Justice, and Science appropriations bill) that would prohibit the use of any funds appropriated under this bill from being used to implement the National Ocean Policy established under Executive Order 13547. Last night, the U.S. House of Representatives passed the amendment in a bipartisan 246-174 vote. In a statement following the vote, Rep. Flores said in part that "[i]t is imperative that we first understand the effects this policy will have on jobs as well as the vast coastal and inland economies...," adding that he was "pleased to see the passage of my amendment preventing the funding for the National Ocean Policy, which had the potential to take funds away from existing congressionally authorized activities critical to the ocean and coastal economies." U.S. House Natural Resources Committee Chairman Doc Hastings (NGP Photo) said in his statement that "[w]ithout knowing the potential jobs and economic ramifications of the Policy, nor the amount of time, money and resources it will cost to implement, it is imperative that we halt funding so that these questions can be answered and proper Congressional oversight can be conducted."
Once again, the most important energy headlines of the day come from the office of Natural Resources Chairman Doc Hastings (NGP Photo):
On Wednesday, the Committee held an oversight hearing on "President Obama's Offshore Drilling Plan and Impacts on Our Future." Every five years, the federal government releases a plan directing the development of our offshore resources. Due to the Obama Administration's roadblocks and delays, on July 1st, the United States will have no plan to develop our offshore energy resources. By law, the Administration's plan must be submitted to Congress for a 60-day review. In order to have a new plan in place when the current plan expires on June 30th, the plan would had to have been submitted to Congress by May 1st. The Obama Administration let that deadline come and go without any action. This will be the first time the U.S. will not have a plan in place since it became a requirement in the 1970s. "American offshore energy production plays a vital role in our country's economic security. It supports over a million American jobs, accounts for 30 percent of our Nation's oil production, reduces our dependence on foreign oil and generates billions of dollars in federal revenue," said Chairman Hastings at the hearing. "Now is the time to make these important decisions and set the stage for an energy renaissance in the United States."
- This week, the House of Representatives passed, with bipartisan support, an amendment offered by Rep. Flores to the Fiscal Year 2013 Departments of Commerce and Justice, Science, and Related Agencies Appropriations bill that would halt funding for the implementation of Executive Order 13547, President Obama's ocean zoning and National Ocean Policy. "The National Ocean Policy creates a new layer of federal bureaucracy that has the potential to make major changes to the way inland, ocean and coastal activities are managed," said Chairman Hastings. "Without knowing the potential jobs and economic ramifications of the Policy, nor the amount of time, money and resources it will cost to implement, it is imperative that we halt funding so that these questions can be answered and proper Congressional oversight can be conducted."
In Case You Missed ItRep. Hastings raises 'serious questions' about inspector general's probe of drilling moratorium reportThe Times-PicayuneThe Times-PicayuneGannett NewsAssociated PressWashington PostHuman Events
Access to Asian markets is key, says economist Patricia Mohr
Calgary Herald - The oil and gas sector led a 2.3 per cent slide in Scotiabank's commodity price index for April, the fifth consecutive decline, largely on pipeline constraints and re-finery turnarounds in the US Midwest that created a glut of Canadian crude.
See all stories on this topic »
Yedlin: Alberta energy minister Ken Hughes offers balanced perspective
Calgary Herald - "I have to tell you, I am absolutely delighted," he said Tuesday afternoon during an interview with theHerald. "I know Alberta well. I know the industry well. I know there are many people who will be keen to work with me to help up make the most of ...
See all stories on this topic »
Posted: May 13, 2012