Daily Archives: August 7, 2012

Republicans hit Obama for poor business sense on Solyndra

Republicans are framing the Obama administration loan to now-bankrupt solar panel manufacturer Solyndra as an example of the president’s misunderstanding of how to get the economy going. The GOP say that emails released by the administration last week reveal that the White House failed to fully vet the loan and indicate inappropriate favors to top […]

By |August 7th, 2012|Featured|1 Comment

Lawmakers urge Obama to help make nation an exporter of natural gas

A bipartisan group of lawmakers on Tuesday urged the Obama administration to green-light liquefied natural-gas facility construction across the country in order to turn the nation into a natural-gas exporter.

The coalition of 10 Democrats and 34 Republicans from Arkansas, Louisiana, Oklahoma and Texas said the expansion of domestic shale gas production in other parts of […]

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Reid ‘very confident’ wind credit will clear Senate

Senate Majority Leader Harry Reid (D-Nev.) said Tuesday at the National Clean Energy Summit in Las Vegas that he is “very confident” the Senate will extend a crucial wind energy tax credit this year.

The Senate Finance Committee passed the 2.2 cent-per-kilowatt-hour production tax credit (PTC) last week in a $205 billion tax extenders package. It […]

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White House to seek $7B in green energy contracts for military

The White House announced Tuesday it is inviting contract proposals from green energy firms to boost the Army’s use of renewable energy.

The administration is making $7 billion available for the U.S. Army Corps of Engineers to spend on locally-generated biomass, geothermal, solar or wind energy for up to 30 years.

The move is part of a […]

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Obama calls on Congress to pass stalled farm bill

President Obama on Tuesday called on Congress to pass the stalled five-year farm bill and said it, more than anything else, is the best way to combat the historic drought gripping most of rural America.

“That’s the single best way to help rural communities both in the short term and in the long term,” Obama said.

Obama […]

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Head of the Class: Marcellus Poised to be Top U.S. Natural Gas-Producing Formation

Under the headline “Marcellus will be the nation’s No. 1 producer,” the Associated Press reports this over the weekend:

The Marcellus Shale is about to become the most productive natural gas field in the United States, according to new data from energy industry analysts and the federal government. Though serious drilling began only five years ago, […]

Inhofe voices ‘serious’ security concerns over Chinese firm’s oil deal

Sen. James Inhofe (R-Okla.), citing national-security concerns, is questioning a Chinese oil company’s planned purchase of the Canadian energy firm Nexen Inc., which holds substantial oil-and-gas assets in the Gulf of Mexico.

Inhofe joins a pair of senior Democrats — Sen. Charles Schumer (N.Y.) and Rep. Edward Markey (Mass.) — in questioning state-owned CNOOC Ltd.’s proposed […]

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News bites: Natural gas might have link to seismic activity in Texas

A new study from the University of Texas claims seismic activity occurred more often in the Barnett Shale than
previously noted, and that most of those rumblings were near high-volume injection wells, the Fort Worth Star-Telegram reports. 

The Barnett Shale is located under Fort Worth and the surrounding area and is considered to have the largest […]

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Obama fast-tracks federal wind, solar energy projects

President Obama is fast-tracking seven federal wind and solar projects as the administration touts its energy policies amid GOP criticism over green investments and rising gas prices.

The projects in Arizona, California, Nevada and Wyoming will produce 5,000 megawatts of power, enough to run 1.5 million homes, the White House said in a statement announcing the decision.

“These […]

By |August 7th, 2012|Featured|1 Comment

Republicans slam Obama for failure to answer Solyndra questions

Republicans are framing the Obama administration loan to now-bankrupt solar panel manufacturer Solyndra as an example of the president’s misunderstanding of how to get the economy going, in the wake of the release of emails that the GOP says reveal the White House failed to fully vet the loan and indicate inappropriate favors to top […]

By |August 7th, 2012|Featured|1 Comment