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End-user Industries

Pipelines, Politics and Opportunity

pipelineongroundresizedWhen President Obama called Canadian Prime Minister Stephen Harper to tell him the U.S. had rejected TransCanada’s proposed $7 billion Keystone XL project, he made sure to point out that TransCanada was free to submit an amended plan for the pipeline. Explaining that the decision was a decision made not on the merits of the project, but because of what he called an untenable Feb. 21, 2012 deadline by Congress, the president said that the decision was “without prejudice.”


Federal Regulation of Fracking Has Arrived

frackingwellThe Environmental Protection Agency (EPA) quietly announced last Wednesday (Nov. 23, 2012) that it would grant part of Earthjustice’s TSCA petition concerning chemical substances and mixtures used in the fracking process of oil and natural gas production. The announcement is a significant development in EPA’s continued quest to exert additional and new federal oversight over the oil and gas industry.

Nuclear: Set Back by Disaster, but Still Set for Revival

nuclear plantsBecause of events in Japan, the nuclear renaissance has suffered setbacks on implementation of some projects, but the movement as a whole is alive and poised for growth in many areas, according to Daniel Magnarelli, manager of Construction & Commissioning, Areva Inc. Areva builds a fourth of the world’s reactors and Magnarelli says the company has not stopped construction, which is a good sign for those industries that supply to nuclear.

Peabody CEO: Greater Use of Coal Can Achieve U.S. Energy, Economic and Environmental Goals

Rawhide_shovel_200pxBig Coal went to the lion’s den last week and asserted that increased use of coal-fired power generation will help the U.S. achieve its critical energy, economic and environmental goals.

Gregory H. Boyce, chairman and chief executive at Peabody Energy Corporation (St. Louis, MO), gave the keynote address July 18 at the summer meeting of the National Association of Regulatory Utility Commissioners (NARUC) (Washington, DC). State utility regulators play a large role in determining utility company capital spending programs, choice of fuels, deployment of advanced technologies and other important matters that have an immediate impact on fuel suppliers like Peabody.

Canada’s Oil & Gas Industry: The Rise of the Oil Sands

oil sandsCanada as a source of crude has many advantages for United States industry. The countries are close geographically and like the U.S., Canada has a stable democracy with a good human rights record. Also, people in the U.S. have a favorable opinion about doing business with the Canadians—be it oil or otherwise. For example, a recent Harris poll released by the Canadian Association of Petroleum Producers (CAPP) found that people in the United States felt the U.S. should get more of its oil imports from Canada, and the U.S. government should support the use of oil from Canada’s oil sands.

 

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