Energy & Transportation News for October 10, 2014

  • by BPC Staff
  • on October 10, 2014
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New York Times: Analysis: First condensate export signals major shift in U.S. energy

Oil & Gas Journal: Report: U.S. crude pipeline mileage, deliveries rose in 2013

KELO-TV (Sioux Falls, S.D.) Texas company proposes $3.7B pipeline in the Midwest

American City Business Journals: EnerVest expects to launch investment fund in Dec.

Bloomberg Businessweek: U.S. drilling at risk amid oil supply-demand gap

Sacramento Bee: Railroads sue California over new crude oil rules

Sacramento Bee: California Attorney General Kamala Harris challenges Benicia oil train analysis

The Washington Post: API official: Political opposition hinders West Coast drilling

The Wall Street Journal: Shale drillers at risk as oil prices weaken, observers say

Reuters: U.S. should redefine condensates, NGLs

Today’s Washington Brief:

  • The U.S. EPA released its 2014 fuel economy report yesterday.  Administrator Gina McCarthy told reporters that new vehicles reached an all-time high fuel economy of 24.5 mpg.  More from Laura Barron-Lopez at The Hill.
  • Sources confirmed the Obama administration plans to release a new climate strategy next week.  E&E’s Elizabeth Harbell writes that the strategy will focus on natural resources and the management of America’s public lands.
  • The EPA submitted a new smog rule proposal to the White House yesterday.  The EPA is required by law to submit the proposal, which Republicans are calling one of the agency’s costliest rules.  Zack Colman reports for the Washington Examiner.

 

Today’s Business Brief:

  • Dan Strumpf of the Wall Street Journal says energy-sector share prices have collapsed as oil prices plummeted, reflecting investor fears about a global slow-down.
  • Google’s ‘smart’ thermostat, the Nest, is getting the attention of utilities.  Davis Burroughs from Morning Consult reports on new poll findings and explains how Nest is changing the energy services landscape.
  • Canada may have found a way around Keystone XL: Energy East, a $12 billion pipeline that would transport oil sands from Canada’s Alberta region to the Atlantic Coast.  Reutersreports TransCanada Corp. talks about the project as if it were a done deal.
  • American rail now carries more than a million barrels of oil a day.  The New York Timesreports that the increased load is holding up passenger trains and delaying the delivery of consumer and industrial goods.

 

 

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