7-12-12
Our readers know that we revere House Natural Resources Committee Chairman Doc Hastings (NGP Photo) for his efforts to revive responsible natural resource development in Alaska and throughout the U.S. He delivered the following statement, as prepared for delivery, on the House floor today in support of H.R. 4402, The National Strategic and Critical Minerals Production Act: -dh
Calgary Herald by Stephen Ewart. The Kalamazoo spill has become a rallying point for environmentalists opposed to oilsands development and a push to extend the Keystone XL pipeline proposed by rival TransCanada from Alberta to Texas and Enbridge's Northern Gateway pipeline from the oilsands to the B.C. coast.
Today's Consumer Energy Alliance News Links:
Associated Press: Despite cheap natural gas, electric prices rising
A plunge in the price of natural gas has made it cheaper for utilities to produce electricity. But the savings aren't translating to lower rates for customers. Instead, U.S. electricity prices are going up. Electricity prices are forecast to rise slightly this summer. But any increase is noteworthy because natural gas, which is used to produce nearly a third of the country's power, is 43 percent cheaper than a year ago. A long-term downward trend in power prices could be starting to reverse, analysts say.
Houston Chronicle: Shell touts progress of Ho-Ho pipeline reversal
Shell Pipeline Company’s Houma-to-Houston pipeline reversal project is getting the customers and federal approvals necessary to move forward, the company announced this week. Rising crude production in the region and new shipping contracts are meeting expectations to make the project viable, the company said. Shell plans to reverse the pipeline’s flow to carry up to 300,000 barrels of crude per day eastward from East Houston to Port Arthur to Houma, La.
The Wall Street Journal: Obama, Romney Surrogates Debate Energy Policy
The Obama and Romney campaigns have started to square off over their competing energy policies, articulating big differences in their approaches to domestic oil drilling, financial support for alternative energy and the regulation of greenhouse gases. Among the more divisive issues emerging between the two camps is President Barack Obama‘s handling of the Keystone XL pipeline, which is a planned project to carry oil from Canada’s tar sands to the U.S. Gulf Coast.
Houston Chronicle: Panel delves into issue of high gas prices
A group of state lawmakers delving into the issue of high gas prices is finding no easy answers for trying to provide Alaskans with some relief at the pump. The panel, created by the Senate Finance Committee but not an official committee itself, is looking for ways to address the high cost of gas and heating fuel. A meeting Wednesday in Anchorage focused primarily on gas prices. Additional meetings are planned, and lawmakers also are seeking to hire a consultant to weigh in.
Houston Chronicle: Texas gets grants for natural gas vehicle research
The Energy Department is set Thursday to award $30 million in grants to propel research on powering cars and trucks with natural gas nationwide, including two projects in Texas and two in California. Deputy Energy Secretary Daniel Poneman is to announce the grants in Houston. He also will tout the benefits of an expiring production tax credit that has helped wind power facilities, during a visit to the Houston campus of turbine manufacturer Proinlosa Energy Corp. and at a meeting of the National Petroleum Council.
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