Federal rules eyed to curb Gulf drilling and Keystone project
Oil officials warn of stricter federal regulation under Obama second term. Edwards says tougher rules will slow Gulf of Mexico drilling and stall Keystone Pipeline, keeping U.S. oil prices higher. Robison cites shift from state to federal issues and ongoing Endangered Species, hydraulic fracturing, air and water rules impacting Permian Basin activity.
MENTIONED IN THIS ARTICLE
Edwards
Gulf of Mexico
Keystone
Gulf Drilling
Permian Basin
Robison
Obama
Austin
Permian Basin Petroleum Association
Texas
Permian
Original Drilling Permits From RRC October 2012 Report
October 2012 saw 1,873 drilling permits issued by the RRC. breakdown shows Mil 555 Gas 135 oil and gas 1,096 injection 79 service 7 other 7. October 2011 had 1,771 permits.
MENTIONED IN THIS ARTICLE
RRC
September 2012 Texas crude oil production totals rise
September 2012 daily oil production averaged 1 343 569 barrels and monthly 40 307 058 barrels, up from 2011. Texas recorded 142 859 oil wells and 90 604 gas wells. year to date completions reached 12 188, double 2011’s pace. The Railroad Commission of Texas commentary cites high prices and policy stance shaping future narration.
MENTIONED IN THIS ARTICLE
Texas
Ector County
Railroad Commission of Texas
Permian Basin
Oil extraction debate shapes Texas energy policy
Porter warns EPA poses the Texas threat amid fracking debates. Elam argues Obama era supports natural gas as a fallback while wind and solar struggle without subsidies. He says oil price variability deters private capital in renewables and solar and wind remain uncompetitive without subsidies.
MENTIONED IN THIS ARTICLE
Elam
EPA
Railroad Commission
David Porter
Porter
Texas
Obama
Minority Report on Obama’s Industry Impact
Analysts differ on the effect of Obama policy, with Robert Rapier suggesting not all foresee a negative impact. The commentary appears on consumerenergyreport.com, offering a nuanced view beyond consensus.
MENTIONED IN THIS ARTICLE
Obama
Robert Rapier
Consumerenergyreport.com
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