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Politics Rick Perry

  • *The White House has celebrated the growth in domestic gas production and associated reduction in greenhouse emissions but also wants to rescue coal and nuclear producers. *The White House wants cheap electricity for households and manufacturing companies but needs higher prices in the power market to support coal-fired and nuclear power plants.

  • Energy Secretary Rick Perry on Friday called on the Federal Energy Regulatory Commission to issue a rule within 60 days to give many coal and nuclear plants incentives for providing reliable electricity to the nation's grid. The American Petroleum Institute, the Natural Gas Supply Association, the American Wind Energy Association and eight other industry...

  • WASHINGTON, Oct 2- The main U.S. oil and gas lobbying group joined forces with 10 other energy industry groups on Monday to oppose a call by the U.S. Energy Secretary Rick Perry on Friday called on the Federal Energy Regulatory Commission to issue a rule within 60 days to give many coal and nuclear plants incentives for providing reliable electricity to the...

  • Secretary of Energy Rick Perry has asked federal regulators to attempt to keep the nation's struggling coal and nuclear power plants open by rewarding them for contributing to the resilience of the electric grid, the Department of Energy said on Friday. "The continued closure of traditional baseload power plants calls for a comprehensive strategy for...

  • Energy Secretary Rick Perry on Friday told regulators to consider a rule that would change the way electricity is priced.

  • Secretary of Energy Rick Perry has asked federal regulators to attempt to keep the nation's struggling coal and nuclear power plants open by rewarding them for contributing to the resilience of the electric grid, the Department of Energy said on Friday. "The continued closure of traditional baseload power plants calls for a comprehensive strategy for...

  • WASHINGTON, Sept 29- The U.S. Department of Energy said on Friday it has offered an additional loan guarantee of up to $3.7 billion to companies building two nuclear reactors at the Vogtle plant in the state of Georgia. The conditional loan guarantees were in the amounts of $1.67 billion to Georgia Power Company, a subsidiary of Southern Co, $1.6 billion to...

  • LONDON, Sept 29- The U.S. Department of Energy has thrown a lifeline to the struggling U.S. coal and nuclear industries by proposing a new rule that would explicitly compensate them for contributing to electric grid reliability and resiliency. Invoking his powers under the Department of Energy Organization Act, Energy Secretary Rick Perry has directed the...

  • Secretary of Energy Rick Perry has asked federal regulators to provide price incentives to help keep coal and nuclear power plants open, as a way to address "risks" to the resilience of the electrical grid, the Department of Energy said on Friday. "The continued closure of traditional baseload power plants calls for a comprehensive strategy for long-term...

  • NEW YORK, Sept 26- Just days after Hurricane Harvey smacked Texas and hobbled a quarter of U.S. refining industry, the supply networks that fuel the nation's cars, trucks and airplanes began to fail. Consumers paid the price as gasoline spiked ahead of Harvey's arrival and jumped again after the storm as the extent of the disruption to Texas refiners became...

  • NEW YORK, Sept 26- Just days after Hurricane Harvey smacked Texas and hobbled a quarter of U.S. refining industry, the supply networks that fuel the nation's cars, trucks and airplanes began to fail. Consumers paid the price as gasoline spiked ahead of Harvey's arrival and jumped again after the storm as the extent of the disruption to Texas refiners became...

  • Telesforo Menendez surveys the damage in his neighborhood September 24, 2017 in Hayales de Coamo, Puerto Rico. Puerto Rico experienced widespread damage after Hurricane Maria, a category 4 hurricane, passed through.

    Trump said Monday Puerto Rico is in "deep trouble" after Hurricane Maria and that its debt to Wall Street "must be dealt with."

  • Energy Secretary Rick Perry asked an oil industry advisory council on Monday to help find ways for oil drillers to exploit technology that captures carbon emissions from coal-fired power plants, by injecting the carbon dioxide into the ground to help drill for oil. "Integrating technology and deploying CCUS at scale still remains a commercial challenge,"...

  • Energy Secretary Rick Perry on Monday asked an oil industry advisory council to help find ways for oil drillers to exploit technology that captures carbon emissions from coal-fired power plants, by injecting the carbon dioxide into the ground to help drill for oil. "Integrating technology and deploying CCUS at scale still remains a commercial challenge,"...

  • Sept 12- The cost of solar energy has hit a U.S. government target three years ahead of schedule, prompting the Energy Department to change the focus of its solar program to integrating higher levels of the renewable power technology with the power grid. The DOE's SunShot Initiative, launched in 2011 by the administration of President Barack Obama, set a goal of...

  • HOUSTON, Sept 1- Damage and delays from Tropical Storm Harvey will hold the U.S. oil industry back from achieving a targeted 10 million barrels per day of production anytime soon, according to analysts, a setback in America's fight for global market share with OPEC. The storm, which flooded refineries, wells and pipelines across Texas, added to a string of problems...

  • WASHINGTON, Sept 1- The United States is proposing to speed up approval of small-scale exports of natural gas, including liquefied natural gas, the U.S. Department of Energy said in a statement released on Friday. The department said the proposed rule would "expedite the review and approval of applications to export small amounts of natural gas in the emerging...

  • *Europe, Asia traders rush to reroute cargoes to Americas. HOUSTON/ NEW YORK, Aug 31- Tropical Storm Harvey's effect on the energy industry spread worldwide as flooded U.S. refiners and closed fuel pipelines threatened to squeeze national supply, roiling global fuel markets and rerouting millions of barrels of fuel to the Americas to avert shortages.

  • Energy Secretary Rick Perry said on Thursday that gasoline prices are going to rise in the wake of Tropical Storm Harvey and he warned that state attorney generals would be on the watch against price gouging at fuel pumps, according to a White House press pool report. "Gas prices are going to go up because of the flooding," Perry told reporters aboard Air Force Two,...

  • NEW YORK, Aug 28- More than 200,000 homes with mortgages guaranteed by Fannie Mae and Freddie Mac are in areas hit by Hurricane Harvey, the most powerful storm in Texas in more than 50 years, the mortgage agencies said on Monday. These figures were preliminary as more homes will likely be impacted this week as Harvey is forecast to bring more flooding to these areas.