ATR Urges EPA to Rescind Obama’s Pebble Mine Veto
Tate Sanders, Americans for Tax Reform, September 6, 2018
This afternoon, Americans for Tax Reform, joined by 14 conservative organizations, sent a letter to the EPA urging Acting Administrator Wheeler to rescind the Obama administration’s unprecedented use of a preemptive veto to halt a mining project in Southwest Alaska. In 2013, Obama’s EPA colluded with liberal environmental activists to shut down the Pebble Mine project without allowing the mine’s developers to go through the normal permitting process. This decision blocked the creation of an estimated 2,000 jobs in Alaska. A coalition of conservative organizations opposing the EPA’s action warned the policy would have a “dramatic chilling effect on investment in America.”
Our Take: “Obama’s EPA colluded with liberal environmental activists”. Kudos to Americans for Tax Reform and 14 other organizations for asking the EPA to dump this policy.
ConocoPhillips increases estimated production on the western North Slope
Tim Bradner, for the Frontiersman, September 6, 2018
ConocoPhillips has increased its estimated production from GMT-2, a new North Slope oil project scheduled to begin production in late 2021, according to plans filed by the company with the U.S. Bureau of Land Management. GMT-2 is in the National Petroleum Reserve-Alaska, a large 23-million-acre federal land enclave on the western North Slope and which is administered by the BLM.
Our Take: 8,000 barrels/day x 365 days = 2,920,000 more barrels of oil per year. Mic drop.
Santos warns of dangers to LNG sector due to interference
Russel Searanke, Upstream Oil & Gas, September 6, 2018
AUSTRALIAN domestic independent Santos has warned that future investment in liquefied natural gas development in the country is being threatened by political interference. Santos is the operator of the Gladstone LNG project in Queensland and has an 11.5% non-operated stake in the Darwin LNG project. The company is also a 25% owner of the Barossa gas resource, which is earmarked to supply backfill gas into the Darwin LNG facility. However, Australia’s status as a low-risk country in which to invest is under threat, according to Santos’ chief executive Kevin Gallagher. “Australia relies on foreign investment, but sovereign risk is rising fast,” Gallagher told delegates at the SEAAOC conference in Darwin this week. “The major political parties, strongly supported and urged on by minor parties of the right and left, are embracing policies of price controls, export controls and, recently in the government’s case, forced divestiture of assets legally created or acquired.”
Our Take: If it ain’t broke…
From the Washington Examiner, Daily on Energy:
EPA RELEASES PUBLIC TOOL TO SEE EMISSIONS DATA OF INDUSTRIES: The EPA, as part of a new program to work closer with industry, launched an online tool on Thursday for the public to see a sector by sector breakdown of environmental performance.
The EPA unveiled its “Sector Snapshots” project, which is an online hub that assembles a range of environmental and economic data from publicly-available sources for various sectors over the last 20 years.
EPA officially launched the project Thursday, revealing data for three sectors: utilities, chemical manufacturing, and iron and steel. The agency will eventually provide data for 13 sectors.
How it works: The interactive visual tool includes graphs showing how environmental indicators such as air emissions, greenhouse gases, hazardous waste generation, water discharges, and criteria air pollution have changed for each industry over time. It compares how these environmental outcomes have changed in comparison to economic indicators, such as employment, gross output, and, for the utility industry, the amount of electricity generated.
EPA’s attempt at transparency: “By making this data easily accessible, you can look at the environmental and economic performance of each sector for many years,” Daisy Letendre, senior advisor for policy and strategic communications in the EPA’s Office of Policy, told reporters at agency headquarters Thursday morning. “It’s all in one spot. This is a way to portray public information in a different way that’s more accessible.”