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Devon Energy
23 марта, 22:54

Нефтегигантам США не понадобилась помощь Трампа

Администрация Трампа объявила о снижении экологических требований, что позволит США нарастить добычу нефти и уйти от зависимости от иностранных энергоносителей.

23 марта, 22:54

Нефтегигантам США не понадобилась помощь Трампа

Администрация Трампа объявила о снижении экологических требований, что позволит США нарастить добычу нефти и уйти от зависимости от иностранных энергоносителей.

19 марта, 08:46

Канада теряет нефтяных инвесторов

Многие слышали про битумные пески Канады. А также множество благополучных прогнозов на счет того, что наша планета еще на долгие годы обеспечена нефтью благодаря запасам канадской провинции Альберта, исчисляемым триллионами баррелей. Но почему инвесторы покидают этот, на первый взгляд, гарантированно рентабельный регион?

17 марта, 16:55

Should You Hold EOG Resources (EOG) Stock in Your Portfolio?

We issued an updated research report on EOG Resources Inc. (EOG) on Mar 17, 2017.

17 марта, 14:40

Why Is Devon Energy (DVN) Down 7% Since the Last Earnings Report?

Devon Energy (DVN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

15 марта, 01:11

How Falling Oil Prices Could Affect theJob Market

The oil price plunge isn't all good news for President Trump's ambitious plans to bring back jobs and growth.

10 марта, 01:38

5 Energy Growth Stocks to Buy on the Sell-Off

While we cheer the U.S. bull market's 8-year anniversary, oil prices tumbled to their lowest levels of 2017 yesterday.

08 марта, 17:39

Anadarko Unveils 2017 Guidance, Focus on US to Boost Results

Anadarko Petroleum Corporation (APC) unveiled 2017 guidance and initial capital expenditures for the year, which is primarily focused toward domestic operations.

03 марта, 02:53

EPA Scraps Rule Requiring Oil And Gas Industry To Report Methane Pollution

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); In May, the Environmental Protect Agency issued a new rule requiring oil and gas companies to report what equipment they use and how much methane ― a greenhouse gas 40 times more potent than carbon dioxide ― their drilling sites emit. On Thursday, the agency’s newly sworn-in administrator, Scott Pruitt, scrapped a regulation deemed crucial to cutting planet-warming emissions as part of the Paris climate deal.   The decision, one of Pruitt’s first since the Senate narrowly confirmed his nomination last month, underscores the former Oklahoma attorney general’s deep, friendly ties to an industry he’s now tasked with policing. The move comes days after The Huffington Post reported on the White House’s proposal to slash a quarter of the EPA’s budget and pink-slip 1 in 5 agency employees. “By taking this step, EPA is signaling that we take these concerns seriously and are committed to strengthening our partnership with the states,” Pruitt said in a statement. “Today’s action will reduce burdens on businesses while we take a closer look at the need for additional information from this industry.” Pruitt’s relationship with oil and gas players became a flashpoint after President Donald Trump nominated him to lead an agency he sued 13 times as the Sooner State’s top cop. Pruitt repeatedly joined oil, gas and coal players ― including Oklahoma Gas & Electric and the Domestic Energy Producers Alliance, an industry-backed group ― in filing lawsuits to stop federal regulations. In 2011, Pruitt allowed Devon Energy Corporation, the Oklahoma City-based natural gas giant, to write a three-page complaint to the EPA under his letterhead, which he later signed.  Trump picked the worst group of cabinet nominees in the modern history of America. But EPA nominee Scott Pruitt is the worst of the worst.— Bernie Sanders (@SenSanders) February 16, 2017 Last week, the Oklahoma attorney general’s office released emails under court order that shed new light on how chummy relations between Pruitt and the oil and gas industry became during his six years as the state’s attorney general. The office sued to block the release of more emails that were scheduled to be disclosed this month, and the Oklahoma Supreme Court on Tuesday granted a stay, giving the new attorney general’s office more time to produce the correspondence.  The first batch of 7,564 documents released last week renewed concerns that Pruitt would use his new post to benefit his industry allies, who have donated more than $300,000 to his campaigns between 2002 and 2016. Even more money went to a political action committee and super PAC that paid for Pruitt’s trips to Hawaii and New Orleans. The now-infamous 2011 Devon Energy letter, published in 2014 by The New York Times, specifically criticized EPA estimates on methane emissions from drilling rigs as inaccurate or too high in hopes of preventing further regulation. Two spokesmen for Devon Energy did not immediately return calls and emails requesting comment on Thursday evening.  Natural gas emits less carbon than other fossil fuels, such as oil or coal, and utility companies are increasingly relying on it to produce electricity as hydraulic fracturing, or fracking, technology has made it much cheaper. The shift from coal- to gas-burning power plants has helped to limit the carbon footprint of the utility sector, by far the biggest emitter in the country, but not by much.  But the fracking industry is relatively new, and its effects on the environment are still being studied. Oklahoma is now dogged by man-made earthquakes caused by fracking, which involves cracking bedrock with highly-pressurized, sand- and chemical-laced water to unleash gas trapped below. Methane leaks, which can cause dizziness and headaches, remain what The Economist called the industry’s “dirty little secret.” Earlier this week, an underwater pipeline in Alaska began leaking natural gas into the scenic Cook Inlet. A massive leak last year in a suburb of Los Angeles, dubbed an “invisible tsunami,” became the biggest natural disaster since the BP’s Deepwater Horizon oil spill in 2010.  “We must reject as a nation the false paradigm that if you’re pro-energy, you’re anti-environment or if you’re pro-environment, you’re anti-energy,” Pruitt said during his Senate confirmation hearing last month. “I reject that.” Yet so far, Pruitt’s time at the helm of the EPA has been marked by plans to eviscerate the agency’s budget, halt climate change action and ease restraints on corporate polluters. During his first speech to agency staff last week, Pruitt mentioned a “toxic environment” only once ― to refer to the political rhetoric of his critics. He did not mention pollution, climate change or environmental destruction at all.  type=type=RelatedArticlesblockTitle=Related Coverage + articlesList=58b715f8e4b019d36d100897,58b0618ee4b060480e075086,58adda3ce4b03d80af71a4eb,58ac7e76e4b0c4d51057164f,58a71504e4b07602ad53f023 -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

24 февраля, 20:44

EPA Chief Scott Pruitt's Allies Move To Block Release Of More Emails

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); The Oklahoma attorney general’s office has asked the state’s highest court to block the release of more emails between energy companies and Scott Pruitt, the state’s former top cop who became Environmental Protection Agency chief. The initial batch of 7,564 documents made public on Tuesday by the Wisconsin-based watchdog group Center for Media and Democracy revealed a chummy relationship between Pruitt and oil and gas players whose pollution he’s now tasked with policing as the nation’s top environmental regulator. Now the office that Pruitt occupied until the Senate approved his confirmation last Friday has requested a stay on District Court of Oklahoma County Judge Aletia Haynes Timmons’ order to release another trove of documents by next week.  “This maneuver is just more stonewalling by Team Pruitt to prevent the American people from seeing public records of national interest that should have been turned over prior to Pruitt’s confirmation as head of the EPA,” said Lisa Graves, executive director of the Center for Media and Democracy, in a statement. “Pruitt’s office had many months to provide his emails with corporate polluters, but is now complaining they don’t have enough time.” The Oklahoma Supreme Court will consider the stay request at a hearing scheduled for Tuesday. If the court declines the request, the attorney general’s office has until March 3 to release the documents.  President Donald Trump filled his Cabinet with climate science skeptics and fossil fuel allies, moves that riled environmental groups and Democrats. Still, Pruitt’s nomination stood apart. The former Oklahoma attorney general made his national reputation suing the EPA 13 times, repeatedly joining oil, gas and coal companies in legal challenges to rules meant to curb planet-warming greenhouse gases and pollution.  In 2011, he signed his name to a three-page complaint to the EPA that lawyers at Devon Energy Corporation, an oil and gas giant in Oklahoma City, wrote under his letterhead.  “We must reject as a nation the false paradigm that if you’re pro-energy, you’re anti-environment or if you’re pro-environment, you’re anti-energy,” Pruitt said during his Senate confirmation hearing last month. “I reject that.” But so far, he has failed to make his case to environmentalists who fear his tenure will be marked by budget cuts, weak enforcement and lax treatment for corporate polluters. During his first speech to agency staff on Tuesday, Pruitt mentioned a “toxic environment” just once. He was referring to the political rhetoric wielded by his critics. He did not mention climate change or environmental destruction at all.  type=type=RelatedArticlesblockTitle=Related... + articlesList=58adda3ce4b03d80af71a4eb,58a71504e4b07602ad53f023,58ac7e76e4b0c4d51057164f,587fdf43e4b00d44838cda6e,5878ad15e4b0b3c7a7b0c29c -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

23 февраля, 17:21

WPX Energy (WPX) Q4 Loss Narrower than Expected, Sales Lag

WPX Energy Inc. (WPX) reported a loss of 16 cents per share in the fourth quarter of 2016, narrower than the Zacks Consensus Estimate of a loss of 17 cents.

22 февраля, 23:26

Emails Reveal Chummy Relations Between EPA Chief And Industries He Now Regulates

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); During his time as Oklahoma attorney general, Scott Pruitt, the newly sworn-in Environmental Protection Agency chief, forged an alliance with industry players to fortify oil, gas and utility companies’ legal challenges against Obama-era regulations that they said amounted to a “war on carbon,” according to more than 7,500 pages of emails published Wednesday. The public release of the emails was ordered last week by a judge in Oklahoma and comes just five days after the Senate narrowly voted to confirm Pruitt as EPA administrator. Pruitt’s nomination faced fierce protests from environmentalists and some Democrats, who argued that his confirmation vote should be delayed until after the release of the emails. The emails reveal a chummy relationship between Pruitt and the companies whose pollution he’s now tasked with reining in. The document dump sheds new light on Pruitt’s frequent strategizing with Devon Energy Corporation, the Oklahoma City-based oil and gas giant. Pruitt’s ties to the company, uncovered in a similar email dump published in 2014 by The New York Times, became a flashpoint during his confirmation process. In particular, critics railed against Pruitt’s 2011 decision to allow the company to write a three-page complaint to the EPA under his letterhead. In 2013, Pruitt’s office solicited feedback from the company before suing the federal Bureau of Land Management over proposed rules to curb emissions from methane, a potent natural gas. In a victory for Pruitt, other state attorneys general and the oil and gas lobby, a judge struck down the regulation last June. “I thought we should insert a sentence or two regarding the recent EPA report indicating their initial estimates on methane emissions were too high,” P. Clayton Eubanks, who served as Pruitt’s deputy solicitor general, wrote in an email to William Whitsitt, then an executive vice president of Devon. “Any suggestions?” The document release did not include attachments to the emails, although sometimes the names of attached files are listed, so it’s unclear to what extent Devon’s edits made it into the attorney general’s final letter. But as DeSmogBlog noted, Pruitt’s deputy later wrote: “thanks for all your help on this.” In July 2013, Pruitt gave lawyers at Devon a first crack at a letter he planned to send criticizing proposed federal restrictions on methane emissions from natural gas drilling sites. Brent Rockwood, a director at Devon, suggested edits even on a granular level. “[O]ur legal team took another review of the AG letter, and a good recommendation was made to include footnotes to source the quotes/legal arguments,” Rockwood wrote in an email sent to Pruitt’s office and Whitsitt, the Devon executive. “The attached version is the same one I originally sent to you, and which we just discussed, with the exception of the added footnotes.” “Thanks for putting the AG letter into action,” he added. “I think that this letter will make a strong statement and a real difference.” The emails also show Pruitt was in contact not just with individual companies but with fossil fuel industry groups as well. Pruitt met with the lobbying group American Fuel and Petroleum Manufacturers to discuss ozone limits and the renewable fuel regulations in 2013 in Washington, D.C. After the meeting, Pruitt had his assistant put Eubanks in touch with Sarah Magruder Lyle, then a top executive at the AFPM. Lyle sent Pruitt’s staff industry talking points and research on those topics, which argued among other things that clean air standards hurt the refining industry. (Lyle now runs a group that is sponsored by pipeline companies and utilities.) Pruitt later opposed the Obama administration’s Renewable Fuel Standard and ozone limits. The White House on Wednesday did not immediately respond to a request for comment on Pruitt’s emails. Pruitt made his name suing the EPA 13 times, repeatedly joining oil, gas and coal players ― including Oklahoma Gas & Electric and the Domestic Energy Producers Alliance, an industry-backed group ― in filing lawsuits to stop federal regulations. Pruitt championed the rights of Exxon Mobil Corp. in investigations into whether the oil giant committed fraud by covering up evidence that burning fossil fuels changes the climate. During his confirmation hearing, he claimed he was unsure how much lead was safe for humans to consume. Between 2002 and 2016, he received more than $300,000 in donations from the fossil fuel industry, and even more money went to a political action committee and a super PAC that paid for the former Oklahoma attorney general’s trips to Hawaii and New Orleans. “The newly released emails reveal a close and friendly relationship between Scott Pruitt’s office and the fossil fuel industry, with frequent meetings, calls, dinners and other events,” said Nick Surgey, research director at the Center for Media and Democracy, the watchdog group that sued to release the emails. “And our work doesn’t stop here,” Surgey added. “We will keep fighting until all of the public records involving Pruitt’s dealings with energy corporations are released ― both those for which his office is now asserting some sort of privilege against public disclosure and the documents relevant to our eight other Open Records Act requests.” Pruitt didn’t just practice a pro-fossil fuel agenda, he preached it too. In 2014, Pruitt gave a 20-minute presentation at a panel on climate regulations at George Mason University. Ahead of the event, Henry Butler, dean of the college’s law school, set the tone of the discussions in an email sent to Pruitt and other panelists. “For purposes of our discussion, please assume that there is a war on carbon and that there are some benefits to the reduction in carbon emissions,” he wrote. “What is often missing from the policy discussion is the costs.” And just in case the energy industry and conservative backers needed reminding that they had Pruitt’s pen, and full support was at their disposal, Pruitt’s office pushed press clips praising his work against climate regulation out to some of the same organizations that helped to direct Pruitt’s efforts. In July 2013, conservative magazine The Weekly Standard published an article praising Pruitt and other Republican attorneys general as “the unsung heroes in challenging the Obama agenda.” Two days after the story came out, Aaron Cooper, Pruitt’s director of public affairs, forwarded the link to Matt Ball, the Oklahoma director of Americans for Prosperity, a conservative political advocacy group that receives funding from the Koch brothers. “It’s a good read and possibly worthy of use on social media. :),” Cooper wrote. Later that day, Ball responded, saying, “Just tweeted this from AFP acct.” This article was updated to include comment from Surgey.  Sign up for the HuffPost Must Reads newsletter. Each Sunday, we will bring you the best original reporting, long form writing and breaking news from The Huffington Post and around the web, plus behind-the-scenes looks at how it’s all made. Click here to sign up! -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

22 февраля, 23:26

Emails Reveal Chummy Relations Between EPA Chief And Industries He Now Regulates

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); During his time as Oklahoma attorney general, Scott Pruitt, the newly sworn-in Environmental Protection Agency chief, forged an alliance with industry players to fortify oil, gas and utility companies’ legal challenges against Obama-era regulations that they said amounted to a “war on carbon,” according to more than 7,500 pages of emails published Wednesday. The public release of the emails was ordered last week by a judge in Oklahoma and comes just five days after the Senate narrowly voted to confirm Pruitt as EPA administrator. Pruitt’s nomination faced fierce protests from environmentalists and some Democrats, who argued that his confirmation vote should be delayed until after the release of the emails. The emails reveal a chummy relationship between Pruitt and the companies whose pollution he’s now tasked with reining in. The document dump sheds new light on Pruitt’s frequent collusion with Devon Energy Corporation, the Oklahoma City-based oil and gas giant. Pruitt’s ties to the company, uncovered in a similar email dump published in 2014 by The New York Times, became a flashpoint during his confirmation process. In particular, critics railed against Pruitt’s 2011 decision to allow the company to write a three-page complaint to the EPA under his letterhead. In 2013, Pruitt’s office solicited feedback from the company before suing the federal Bureau of Land Management over proposed rules to curb emissions from methane, a potent natural gas. In a victory for Pruitt, other state attorneys general and the oil and gas lobby, a judge struck down the regulation last June. “I thought we should insert a sentence or two regarding the recent EPA report indicating their initial estimates on methane emissions were too high,” P. Clayton Eubanks, who served as Pruitt’s deputy solicitor general, wrote in an email to William Whitsitt, then an executive vice president of Devon. “Any suggestions?” The document release did not include attachments to the emails, although sometimes the names of attached files are listed, so it’s unclear to what extent Devon’s edits made it into the attorney general’s final letter. But as DeSmogBlog noted, Pruitt’s deputy later wrote: “thanks for all your help on this.” In July 2013, Pruitt gave lawyers at Devon a first crack at a letter he planned to send criticizing proposed federal restrictions on methane emissions from natural gas drilling sites. Brent Rockwood, a director at Devon, suggested edits even on a granular level. “[O]ur legal team took another review of the AG letter, and a good recommendation was made to include footnotes to source the quotes/legal arguments,” Rockwood wrote in an email sent to Pruitt’s office and Whitsitt, the Devon executive. “The attached version is the same one I originally sent to you, and which we just discussed, with the exception of the added footnotes.” “Thanks for putting the AG letter into action,” he added. “I think that this letter will make a strong statement and a real difference.” The emails also show Pruitt was in contact not just with individual companies but with fossil fuel industry groups as well. Pruitt met with the lobbying group American Fuel and Petroleum Manufacturers to discuss ozone limits and the renewable fuel regulations in 2013 in Washington, D.C. After the meeting, Pruitt had his assistant put Eubanks in touch with Sarah Magruder Lyle, then a top executive at the AFPM. Lyle sent Pruitt’s staff industry talking points and research on those topics, which argued among other things that clean air standards hurt the refining industry. (Lyle now runs a group that is sponsored by pipeline companies and utilities.) Pruitt later opposed the Obama administration’s Renewable Fuel Standard and ozone limits. The White House on Wednesday did not immediately respond to a request for comment on Pruitt’s emails. Pruitt made his name suing the EPA 13 times, repeatedly joining oil, gas and coal players ― including Oklahoma Gas & Electric and the Domestic Energy Producers Alliance, an industry-backed group ― in filing lawsuits to stop federal regulations. Pruitt championed the rights of Exxon Mobil Corp. in investigations into whether the oil giant committed fraud by covering up evidence that burning fossil fuels changes the climate. During his confirmation hearing, he claimed he was unsure how much lead was safe for humans to consume. Between 2002 and 2016, he received more than $300,000 in donations from the fossil fuel industry, and even more money went to a political action committee and a super PAC that paid for the former Oklahoma attorney general’s trips to Hawaii and New Orleans. Pruitt didn’t just practice a pro-fossil fuel agenda, he preached it too. In 2014, Pruitt gave a 20-minute presentation at a panel on climate regulations at George Mason University. Ahead of the event, Henry Butler, dean of the college’s law school, set the tone of the discussions in an email sent to Pruitt and other panelists. “For purposes of our discussion, please assume that there is a war on carbon and that there are some benefits to the reduction in carbon emissions,” he wrote. “What is often missing from the policy discussion is the costs.” And just in case the energy industry and conservative backers needed reminding that they had Pruitt’s pen, and full support was at their disposal, Pruitt’s office pushed press clips praising his work against climate regulation out to some of the same organizations that helped to direct Pruitt’s efforts. In July 2013, conservative magazine The Weekly Standard published an article praising Pruitt and other Republican attorneys general as “the unsung heroes in challenging the Obama agenda.” Two days after the story came out, Aaron Cooper, Pruitt’s director of public affairs, forwarded the link to Matt Ball, the Oklahoma director of Americans for Prosperity, a conservative political advocacy group that receives funding from the Koch brothers. “It’s a good read and possibly worthy of use on social media. :),” Cooper wrote. Later that day, Ball responded, saying, “Just tweeted this from AFP acct.” Sign up for the HuffPost Must Reads newsletter. Each Sunday, we will bring you the best original reporting, long form writing and breaking news from The Huffington Post and around the web, plus behind-the-scenes looks at how it’s all made. Click here to sign up! -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

22 февраля, 22:24

Pruitt emails show close ties to oil, gas interests

Many of the regulations discussed in the emails still sit before EPA today, putting them squarely in Pruitt's lap.

22 февраля, 02:17

Oil & Gas Stock Roundup: Devon, Marathon's Q4, Matador's Midstream JV and More

It was a week where oil prices logged a modest decline and natural gas futures sank to a three-month low.

21 февраля, 21:44

Scott Pruitt Goes After Critics, His Own Staff In First Speech To EPA

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); Environmental Protection Agency chief Scott Pruitt mentioned a “toxic environment” just once during his first address Tuesday to the embattled agency staff. But he wasn’t talking about industry pollution or conserving nature. He was referring to his critics’ political rhetoric. “Forgive the reference, but it’s a very toxic environment,” the controversial new administrator said in the speech, which lasted under 20 minutes.   “Civility is something I believe in very much,” he added. “We ought to be able to get together and wrestle through some issues in a civil manner.” Then, at last, he began to outline his vision for the EPA. He described an agency that prioritized making it easier for polluters to comply with regulations. He promised to listen intently to companies before saddling them with new regulations. He admonished his new employees, some fearing layoffs amid looming budget cuts, for acting outside the agency’s legal mandate and running roughshod over states’ rights. “Regulations ought to make things regular,” Pruitt said. “Regulations exist to give certainty to those they regulate. Those we regulate ought to know what’s expected of them so they can place and allocate resources to comply.” He did not mention climate change or environmental destruction. Pruitt, the former attorney general of Oklahoma, was sworn in last Friday after the Senate voted 52-46 to confirm his nomination. His confirmation came a day after Judge Aletia Haynes Timmons of the District Court of Oklahoma County ruled that the Oklahoma attorney general’s office must turn over more than 2,500 emails and correspondence between Pruitt and oil and gas firms. The ruling was in response to a lawsuit from watchdog group Center for Media and Democracy and the American Civil Liberties Union alleging that his office had violated Oklahoma’s open records law. “Scott Pruitt’s going to have a lot of questions to answer,” said Nick Surgey, the director of research at the Madison, Wisconsin-based Center for Media and Democracy, referring to the emails. “The head of the Environmental Protection Agency, on day three, is already talking about putting the interests of the environment against the interests of industry.” Democrats had sought to delay a vote on his confirmation until after those documents were released. Pruitt’s former office is expected to respond by the judge’s Tuesday evening deadline. Pruitt made his reputation suing the EPA 13 times, repeatedly joining oil, gas and coal players ― including Oklahoma Gas & Electric and the Domestic Energy Producers Alliance, an industry-backed group ― in filing lawsuits to halt regulations. He forged what The New York Times in 2014 called an “unprecedented, secretive alliance” between Republican attorneys general and oil and gas companies to undermine environmental regulations. In 2011, he allowed Devon Energy, an Oklahoma oil and gas firm, to write a three-page complaint to the EPA under his letterhead, which he signed. Pruitt also championed the rights of Exxon Mobil Corp. in investigations into whether the oil giant committed fraud by covering up evidence that burning fossil fuels changes the climate. In turn, the fossil fuel industry donated more than $300,000 to Pruitt between 2002 and 2016, and even more money to a political action committee and a super PAC that paid for the former Oklahoma attorney general’s trips to Hawaii and New Orleans.  “I believe we as an agency and we as a nation can be both pro-energy and jobs and pro-environment,” Pruitt said Tuesday, regurgitating a line he used during his confirmation hearing last month. “We don’t have to choose between the two.” Pruitt’s contentious confirmation drew scorn from a variety of critics. He even plans to request an around-the-clock bodyguard from his agency, according to a report by E&E News. A senior energy official at the U.S. Chamber of Commerce, the country’s largest trade group with a history of combatting environmental rules, warned the new administration against repealing a 2009 EPA endangerment finding that classified greenhouse gases as a threat to public health and welfare. The comment underscores growing acceptance of the science of man-made global warming, particularly given that the Chamber’s official policy priorities for 2017 “oppose EPA efforts to regulate greenhouse gases under the existing Clean Air Act, including the endangerment finding.” “There’s going to be hell to pay from, you know, soccer moms and soccer dads all throughout the country,” Christopher Guith, the energy official, said last month, according to a transcript published by the nonprofit Energy and Policy Institute. “People who probably voted for Donald Trump.” President Donald Trump has made slashing environmental restrictions a top priority, and the EPA is a prime target of his regulatory bushwhacking. He tapped Myron Ebell, a once-fringe contrarian who peddles conspiracy theories about climate change, to lead the EPA transition team. Soon after the inauguration, the White House ordered the EPA to freeze grants, putting a vast array of projects and personnel in limbo. That freeze has been lifted, but the White House is considering gutting the EPA’s budget, which makes up just 0.22 percent of federal spending. A policy memo leaked to Axios proposed deep cuts to the EPA’s budget, including axing hundreds of millions from grants to states and Native American tribes, climate programs, and environmental programs and management. Trump’s transition team also instructed agency employees to halt all press releases, social media, blog posts and external speaking engagements ― giving rise to rogue Twitter accounts claiming to represent the views of the silenced regulators. The team announced plans to review all EPA studies before publication, stoking fears that the new administration might stifle research on issues such as climate change. Inside EPA reported earlier this month that Trump is weighing closing the agency’s Office of Enforcement and Compliance Assurance, which handles both civil and criminal enforcement of the country’s core environmental laws, including the Clean Air Act, the Clean Water Act, the Oil Pollution Act and the Safe Drinking Water Act. The move would be part of a broader attack on regulations, including an executive order signed last month requiring agencies to suggest two rules to be axed for every new one proposed. For some, Trump’s proposed cuts may not go far enough. Rep. Matt Gaetz (R-Fla.) introduced a bill to “completely abolish” the EPA by the end of next year, as HuffPost reported. Now that Pruitt is in place, Trump is expected to issue executive orders undoing Obama-era EPA rules on climate and water pollution as early as this week. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

21 февраля, 21:44

Scott Pruitt Goes After Critics, EPA In His First Speech To The Agency

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); Environmental Protection Agency chief Scott Pruitt mentioned a “toxic environment” just once during his first address Tuesday to the embattled agency staff. But he wasn’t talking about industry pollution or conserving nature. He was referring to his critics’ political rhetoric. “Forgive the reference, but it’s a very toxic environment,” the controversial new administrator said in the speech, which lasted under 20 minutes.   “Civility is something I believe in very much,” he added. “We ought to be able to get together and wrestle through some issues in a civil manner.” Then, at last, he began to outline his vision for the EPA. He described an agency that prioritized making it easier for polluters to comply with regulations. He promised to listen intently to companies before saddling them with new regulations. He admonished his new employees, some fearing layoffs amid looming budget cuts, for acting outside the agency’s legal mandate and running roughshod over states’ rights. “Regulations ought to make things regular,” Pruitt said. “Regulations exist to give certainty to those they regulate. Those we regulate ought to know what’s expected of them so they can place and allocate resources to comply.” He did not mention climate change or environmental destruction. Pruitt, the former attorney general of Oklahoma, was sworn in last Friday after the Senate voted 52-46 to confirm his nomination. His confirmation came a day after Judge Aletia Haynes Timmons of the District Court of Oklahoma County ruled that the Oklahoma attorney general’s office must turn over more than 2,500 emails and correspondence between Pruitt and oil and gas firms. The ruling was in response to a lawsuit from watchdog group Center for Media and Democracy and the American Civil Liberties Union alleging that his office had violated Oklahoma’s open records law. “Scott Pruitt’s going to have a lot of questions to answer,” said Nick Surgey, the director of research at the Madison, Wisconsin-based Center for Media and Democracy, referring to the emails. “The head of the Environmental Protection Agency, on day three, is already talking about putting the interests of the environment against the interests of industry.” Democrats had sought to delay a vote on his confirmation until after those documents were released. Pruitt’s former office is expected to respond by the judge’s Tuesday evening deadline. Pruitt made his reputation suing the EPA 13 times, repeatedly joining oil, gas and coal players ― including Oklahoma Gas & Electric and the Domestic Energy Producers Alliance, an industry-backed group ― in filing lawsuits to halt regulations. He forged what The New York Times in 2014 called an “unprecedented, secretive alliance” between Republican attorneys general and oil and gas companies to undermine environmental regulations. In 2011, he allowed Devon Energy, an Oklahoma oil and gas firm, to write a three-page complaint to the EPA under his letterhead, which he signed. Pruitt also championed the rights of Exxon Mobil Corp. in investigations into whether the oil giant committed fraud by covering up evidence that burning fossil fuels changes the climate. In turn, the fossil fuel industry donated more than $300,000 to Pruitt between 2002 and 2016, and even more money to a political action committee and a super PAC that paid for the former Oklahoma attorney general’s trips to Hawaii and New Orleans.  “I believe we as an agency and we as a nation can be both pro-energy and jobs and pro-environment,” Pruitt said Tuesday, regurgitating a line he used during his confirmation hearing last month. “We don’t have to choose between the two.” Pruitt’s contentious confirmation drew scorn from a variety of critics. He even plans to request an around-the-clock bodyguard from his agency, according to a report by E&E News. A senior energy official at the U.S. Chamber of Commerce, the country’s largest trade group with a history of combatting environmental rules, warned the new administration against repealing a 2009 EPA endangerment finding that classified greenhouse gases as a threat to public health and welfare. The comment underscores growing acceptance of the science of man-made global warming, particularly given that the Chamber’s official policy priorities for 2017 “oppose EPA efforts to regulate greenhouse gases under the existing Clean Air Act, including the endangerment finding.” “There’s going to be hell to pay from, you know, soccer moms and soccer dads all throughout the country,” Christopher Guith, the energy official, said last month, according to a transcript published by the nonprofit Energy and Policy Institute. “People who probably voted for Donald Trump.” President Donald Trump has made slashing environmental restrictions a top priority, and the EPA is a prime target of his regulatory bushwhacking. He tapped Myron Ebell, a once-fringe contrarian who peddles conspiracy theories about climate change, to lead the EPA transition team. Soon after the inauguration, the White House ordered the EPA to freeze grants, putting a vast array of projects and personnel in limbo. That freeze has been lifted, but the White House is considering gutting the EPA’s budget, which makes up just 0.22 percent of federal spending. A policy memo leaked to Axios proposed deep cuts to the EPA’s budget, including axing hundreds of millions from grants to states and Native American tribes, climate programs, and environmental programs and management. Trump’s transition team also instructed agency employees to halt all press releases, social media, blog posts and external speaking engagements ― giving rise to rogue Twitter accounts claiming to represent the views of the silenced regulators. The team announced plans to review all EPA studies before publication, stoking fears that the new administration might stifle research on issues such as climate change. Inside EPA reported earlier this month that Trump is weighing closing the agency’s Office of Enforcement and Compliance Assurance, which handles both civil and criminal enforcement of the country’s core environmental laws, including the Clean Air Act, the Clean Water Act, the Oil Pollution Act and the Safe Drinking Water Act. The move would be part of a broader attack on regulations, including an executive order signed last month requiring agencies to suggest two rules to be axed for every new one proposed. For some, Trump’s proposed cuts may not go far enough. Rep. Matt Gaetz (R-Fla.) introduced a bill to “completely abolish” the EPA by the end of next year, as HuffPost reported. Now that Pruitt is in place, Trump is expected to issue executive orders undoing Obama-era EPA rules on climate and water pollution as early as this week. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

13 февраля, 17:09

Energy Stocks' Earnings Lineup for Feb 14: DVN, NBL, FANG

Following eight back-to-back quarters of earnings decline, analysts said that the sector was likely to get recover in the fourth quarter and clock its first positive earnings growth after years.

10 февраля, 16:51

What's in Store for Devon Energy (DVN) in Q4 Earnings?

Devon Energy Corporation (DVN) will release fourth-quarter 2016 financial results on Feb 14 after the market closes.

08 февраля, 18:46

Donald Trump's EPA Pick Sued Over Thousands Of Undisclosed Records

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); When the Senate Environment and Public Works Committee convened last week to vote on Scott Pruitt’s confirmation as administrator of the Environmental Protection Agency, 10 out of 21 committee members were conspicuously missing. All of the committee’s Democrats boycotted the vote, citing concerns that Pruitt, Oklahoma’s attorney general, had not adequately responded to their questions during his confirmation hearing. They said Pruitt had also failed to fulfill open records requests regarding his ties to the fossil fuel industry, which has provoked anxiety among conservationists and public health experts. The committee’s Republicans advanced Pruitt’s nomination despite the boycott, and he’s expected to face a full Senate vote next week. But Pruitt may not be off the hook just yet.  The media watchdog group Center for Media and Democracy, with legal representation from the American Civil Liberties Union, filed a lawsuit against Pruitt in an Oklahoma court on Tuesday seeking to force Pruitt to respond to nine open records requests. The requests were filed as far back as January 2015. The suit is also seeking the release of communications between Pruitt’s office and the energy industry, including corporations like Koch Industries, Peabody Energy and the National Coal Council.  CMD said in a statement that Pruitt had “yet to turn over a single document,” despite acknowledging last year that his office had “3,000 emails and other documents” relevant to the requests. “We are doing this because these emails should be released so that people can properly vet his record before the Senate votes to confirm him,” Nick Surgey, the center’s director of research, told Reuters news agency. The lawsuit accuses Pruitt of violating Oklahoma’s Open Records Act in failing to publicly release the documents. The act mandates that a public body “must provide prompt, reasonable access to its records” to allow people to be “fully informed about their government.”   Ryan Kiesel, executive director of the Oklahoma chapter of the ACLU, said Tuesday that Pruitt’s office had two years to respond to a lawful request for documents. “Instead of complying with the law, he has stonewalled public interest groups, the United States Senate, and the American people,” Kiesel said in a statement. “Pruitt’s refusal to turn over these documents is unreasonable and unjustifiable,” he continued. “The lawsuit we filed today serves notice that when it comes to accountability and transparency, no government official is above the law.” The Center for Media and Democracy said an expedited hearing is scheduled for Feb. 16.  The Oklahoma Attorney General’s office has agreed to a judge’s order requiring it to retain all relevant documents while the case is pending, the group said.  Pruitt’s ties to the oil industry have come under heavy scrutiny in recent weeks. He has received more than $300,000 in contributions from the fossil fuel industry since 2002. As attorney general, he’s been accused of prioritizing industry interests over the health of the environment and his constituents. In 2014, The New York Times reported that Pruitt, together with other Republican attorneys general, had formed an “unprecedented, secretive alliance” with major oil and gas companies to undermine environmental regulations. One of the firms, Oklahoma’s Devon Energy, drafted a letter for Pruitt to send to the EPA in 2011. Pruitt printed the document on state letterhead and sent it off, almost verbatim, to Washington, D.C. Pruitt also joined industry players in filing lawsuits to stop regulations, including Oklahoma Gas and Electric and the Domestic Energy Producers Alliance, an industry-backed nonprofit group. Pruitt’s nomination to lead the EPA, an agency whose mission is to protect human health and the environment, has met fierce resistance. In addition to his close relationship with the fossil fuel industry, opponents have pointed to his hostility to the EPA as evidence of his unfitness for the job: Pruitt sued the EPA 13 times as attorney general.  In a letter published Monday, more than 440 former EPA officials urged the Senate to reject Pruitt’s nomination. “Mr. Pruitt’s record raises serious questions about whose interests he has served to date and whether he agrees with the longstanding tenets of U.S. environmental law,” the letter reads. type=type=RelatedArticlesblockTitle=Related... + articlesList=5878ad15e4b0b3c7a7b0c29c,585d62d0e4b0d9a5945828ae,5886b8b5e4b096b4a23452dc,587f9911e4b0c147f0bc3267,583ee914e4b048862d73fd23 -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.