All Energy & Chemicals News
Top stories summarized by our editors
2/24/2017

Sen. Lisa Murkowski, R-Alaska, and the state's other members of Congress are again fighting to open the Arctic National Wildlife Refuge to oil and natural gas development. The lawmakers are sponsoring legislation that would open 2,000 acres of refuge land for oil and gas companies to build drilling pads, roads and pipelines while banning infrastructure in certain areas to protect caribou.

Full Story:
The Associated Press
2/24/2017

It is possible for New York to replace electric generation from the Indian Point nuclear plant with output from renewables and energy efficiency sources for a reasonable investment, according to the Natural Resources Defense Council, Riverkeeper and Synapse Energy Economics. "Recent transmission improvements -- coupled with energy efficiency gains, cheaper renewables and lower demand estimates -- show that New York is already on its way to a reliable, affordable, clean energy future," said Riverkeeper President Paul Gallay.

2/24/2017

Farmers are finding renewable energy a good option to power their operations. The federal government provides a tax credit of up to 30% to farmers who install a wind or solar power system, which can help cover some of the installation costs.

Full Story:
Agriculture.com
2/24/2017

Appliance company Bosch is partnering with the World Wide Fund for Nature to encourage consumers to support sustainable seafood. The #KnowYourSeafood campaign features online videos with chefs preparing sustainable seafood dishes.

2/24/2017

To truly have integrity, follow through on the commitments you make without fail, writes Chris McGoff. This is essential because integrity is the building block of trust, and when trust flourishes, so do "interconnectedness, intimacy, and synchronicity."

Full Story:
SmartBrief/Leadership
More Summaries:
Chris McGoff
2/24/2017

US oil and natural gas companies are considering what position to take on President Donald Trump's proposed border adjustment tax, which would leave companies unable to deduct import costs while making their foreign revenue and profits no longer subject to taxation. The proposal could help refiners that export fuel products and don't rely on imported crude, while some drillers say the tax would raise US crude prices.

2/24/2017

US crude oil supplies climbed modestly by 600,000 barrels last week, according to the Energy Information Administration, but oil prices were little swayed as a 2.6-million-barrel drop in gasoline inventories and a 4.9-million-barrel plunge in distillates supplies counteracted the gains.

Full Story:
FuelFix.com
2/24/2017

The Canadian Competition Bureau has approved the $28 billion merger of Enbridge and Spectra Energy, which is now expected to close on Monday. Enbridge President and CEO Al Monaco will head the combined entity.

Full Story:
FuelFix.com
2/24/2017

The US will likely continue to rely on foreign heavy crude even if it achieves energy independence because many US refiners can't process the light crude produced in this country, said BP General Manager of Global Energy Markets Mark Finley. According to Finley, energy independence means the US would become a net exporter of oil, which could happen by 2023.

2/24/2017

Apache President and CEO John Christmann said the Alpine High oil and natural gas field increased in scope and scale since its September discovery and has great potential despite smaller-than-expected early production results. Christmann blamed the weak performance in the area on the lack of equipment and infrastructure.