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Search resuls for: "Timothy Puko"


4 mentions found


☆ Tougher Rules on Methane Leaks Coming, but Low-Output Wells Might Catch a Break
  + stars: | 2022-10-28 | by ( Timothy Puko | Photographs Ross Mantle For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
WASHINGTON—The Biden administration is nearing completion of its long-awaited proposal to curb methane gas emissions, setting the stage for a fight over how strictly the government should regulate low-producing oil and gas wells. The plan, which industry lobbyists expect could be released during the United Nations climate summit in Egypt next month, is aimed at reducing leaks of methane, a potent greenhouse gas that traps roughly 85 times more heat in the atmosphere than carbon dioxide.
☆ Biden Says He Will Keep Tapping Oil Reserves
  + stars: | 2022-10-20 | by ( Timothy Puko | ) www.wsj.com   time to read: 1 min
WASHINGTON—President Biden said Wednesday he will continue tapping emergency oil reserves to blunt new shocks to global oil markets, as oil industry groups contended that Mr. Biden’s policies will only worsen shortages. In a speech from the White House, Mr. Biden confirmed he has already decided to have the Energy Department go ahead with sales of the last roughly 15 million of 180 million barrels from the U.S. Strategic Petroleum Reserve he had authorized for sale back in March. The sales will happen in December, Mr. Biden said.
☆ Biden to Sell More Oil From Strategic Reserve to Keep Gas Prices in Check
  + stars: | 2022-10-18 | by ( Timothy Puko | ) www.wsj.com   time to read: 1 min
The clock is running down on releases of the U.S. Strategic Petroleum Reserve that have helped temper prices at the pump. WASHINGTON—The Biden administration is planning to sell more oil from the country’s strategic reserves—and is considering authorizing new sales this winter—as it tries to head off the potential for more market shocks and high prices, according to senior administration officials. President Biden plans to address the nation on gasoline prices Wednesday as midterm elections near and the clock runs down on releases of government reserves that have helped temper prices at the pump.
☆ Natural Resources News: Lumber, Paper and Forestry
  + stars: | 2022-09-14 | by ( Rhiannon Hoyle | Joseph De Avila | Timothy Puko | ) www.wsj.com   time to read: 1 min
BusinessThe Russian steel magnate, who was sanctioned by the U.S., the European Union and the U.K. following the invasion of Ukraine, is exploring options to restructure ownership of his businesses to ease the burden of Western sanctions, according to people familiar with the matter.
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