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New Rules Expected to Curtail Gulf Oil Production

The Obama administration finalized new rules it says will improve drilling safety in the Gulf of Mexico, but some experts are saying the regulations will undermine safety. The Interior Department, which is responsible for licensing and regulating oil and gas production on the U.S. outer-continental shelf, unveiled the sweeping new regulations on April 14, 2016. The centerpiece of the new regulations is a plan to monitor the safety of offshore wells. Under the regulations, monitoring of well...

Environmentalists, Feds Block Two Proposed LNG Export Terminals in Oregon

The U.S. Federal Energy Regulatory Commission (FERC) denied an application for the construction of a Liquefied Natural Gas export terminal proposed for Oregon’s Jordan Cove on March 11, 2016. FERC’s decision surprised many, because it had approved the LNG terminal’s environmental impact statement in December 2015, clearing the way for the project’s long-awaited construction. Just one month prior to the Jordan Cove project’s cancellation and after a decade of haggling with local officials and...

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