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California Requires Oil, Gas Companies to Report Water Use

The California state Senate unanimously passed a bill to require oil and gas companies to report the source and amount of water they use in drilling operations. The measure was approved during a prolonged and severe statewide drought. Law May Backfire “Requiring oil and gas companies to report water use falls firmly within this class of useless and possibly counterproductive actions: it is most unlikely to result in a more rational allocation of water; it will almost certainly not ensure that...

Battle Lines Form Over Renewable Fuel Decision

Sitting on opposite sides of the fence, refiners and producers of biofuels are anxiously awaiting a decision by the Obama administration on the amount of renewable fuels Washington will mandate for use in the transportation sector. In November 2013, the Environmental Protection Agency (EPA) proposed a significant reduction in the federally mandated volume of biofuels in its Renewable Fuels Standard (RFS) for 2014. Biofuels include ethanol from corn or other crops, soy-diesel, fuel from waste...

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