The U.S. State Department released its long-awaited report on the Keystone XL oil pipeline, which would connect the Alberta oil sands to the Gulf of Mexico. If you think it’s time to break out the shovels, this is not the Keystone decision that you think it is.
Energy companies should add sensors to read the pressure in deep-water oil wells to help prevent blowouts such as the BP Plc blast that led to the worst U.S. offshore spill this year, the panel probing the disaster said.
BP Plc’s Atlantis platform, its second-largest oil producer in the Gulf of Mexico, should be shut down until it’s proven to comply with U.S. safety and environmental laws, a whistle-blower’s lawyer told a judge.
Oil and gas production in federal areas is lagging behind the boom on private lands, a report by non-partisan congressional researchers found, bolstering complaints made by Republicans and energy-industry lobbyists.