Energy & Fuel

FERC Rejects Perry's Proposal for Nuclear and Coal Subsidies

"Federal regulators on Monday rejected a proposal by Energy Secretary Rick Perry to subsidize struggling coal and nuclear plants, in a major blow to the Trump administration’s efforts to revive America’s declining coal industry."

Source: NY Times, 01/09/2018

"Oil Tanker Burning Off China's Coast At Risk Of Exploding"

"An oil tanker that caught fire after colliding with a freighter off China's east coast is at risk of exploding and sinking, Chinese state media reported Monday, as authorities from three countries struggled to find its 32 missing crew members and contain oil spewing from the blazing wreck."

Source: AP, 01/08/2018

Trump Interior Rescinds Four Climate, Conservation Policies

"The Interior Department’s No. 2 official issued a secretarial order just before Christmas rescinding several climate change and conservation policies issued under the Obama administration, saying they were “inconsistent” with President Trump’s quest for energy independence."

Source: Washington Post, 01/08/2018

Without Fanfare, Oil Companies Received A Tax Break On New Year’s Day

"Congressional Republicans allowed a tax on oil companies that generated hundreds of millions of dollars annually for federal oil-spill response efforts to expire this week — a move that amounts to another corporate break in the wake of lawmakers’ sweeping tax overhaul late last month."

Source: Washington Post, 01/05/2018

"Trump Moves to Open Nearly All Offshore Waters to Drilling"

"The Trump administration said Thursday it would allow new offshore oil and gas drilling in nearly all United States coastal waters, giving energy companies access to leases off California for the first time in decades and opening more than a billion acres in the Arctic and along the Eastern Seaboard."

Source: NY Times, 01/05/2018

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