Energy & Fuel

Global Talks Offer Chance To Improve US Extractive Industries Transparency

An initiative involving some 35 nations aims to solve many complex revenue-reporting problems, including improving the flow of information across national borders. But solutions can't even begin until individual nations get a grip on accurate data about extractive industries within their own borders. The results could illuminate key environmental policy issues.

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"Obama Finds Oil in Markets Is Sufficient to Sideline Iran"

"After careful analysis of oil prices and months of negotiations, President Obama on Friday determined that there was sufficient oil in world markets to allow countries to significantly reduce their Iranian imports, clearing the way for Washington to impose severe new sanctions intended to slash Iran’s oil revenue and press Tehran to abandon its nuclear ambitions."

Source: NY Times, 04/02/2012

"Enviros Challenge Trade Secret Protections for Hydraulic Fracturing"

"Environmentalists have mounted a legal challenge against Wyoming regulators they say are improperly approving oil and gas companies’ 'overly broad,' boilerplate requests to shield information about the chemicals they use in drilling operations."

Source: FuelFix, 03/27/2012

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