How about that for an acronym-heavy Subject Line…Hope you enjoyed the Memorial Day Holiday. I have launched my summer wear in full force, sporting the pink, seersucker-striped pants today (and there is more where that came from). What a glorious weekend: Fabulous weather, great sports, an extra day off and lots of “honey-do” (planting, weeding, changing broken doors, etc). Congrats to the Maryland women and Duke men laxers who brought home championships in Baltimore. Now the NCAA turns to the men’s and women’s College World Series.
First the most important news from last week: Following the announcement that Hess Corporation is selling its retail business to Marathon, Hess confirmed that it will STILL produce a 2014 Hess Toy Truck that it sells during the holiday season. This year is the 50th anniversary edition.
The other big news of the weekend was in the rock ‘n roll world. You all know I like my music pretty heavier (currently I’m enjoying the 20-year, re-release of Soundgarden’s Superunknown), but I am a product of the 80s and always listened to the bands like Foreigner, REO and Journey. (okay, yes, even Loverboy) Anyway, you may know that Journey’s Steve Perry has been absent from the stage for more than 20 years. But on Sunday, Perry re-emerged in St. Paul, Minnesota at the Fitzgerald Theater. He joined the alternative rock band, The Eels, during an encore of their show. After a brief introduction, Perry sang one of the band’s songs, but then went on to sing the Journey classics, Open Arms and Lovin’, Touchin’, Squeezin’. The YouTube video of the full performance is here.
As for the GHG rule for Existing Power plants, Don’t Stop Believin’ that my colleagues Scott Segal and Jeff Holmstead are Faithfully your Wheel In The Sky regarding the Lights of the EPA rule, so if you’re Feeling that Way, feel free to reach out with Open Arms. They will offer their insights Anyway Way You Want It.
The GHG curtain raisers are turning into curtain calls for media stories. POLITICO started it all last Monday, with the Washington Post and Bloomberg reporting last week and the Wall Street Journal today. Our friend Coral Davenport had another angle in the NYT yesterday looking at foreign governments’ interest in next week’s announcement. Not a lot new in the early reports, with talks of state flexibility, use of cap and trade efficiency and renewable energy plans. Later this week, the US Chamber is expected to unveil a new study that will start to associate costs with the wide-ranging rule. Countdown six days to the release with the expected involvement of the President.
Today in New Orleans, the DOE continues its Quadrennial Energy Review with a focus on oil and gas issues. The event will include Secretary Moniz, who also attended previous meetings in Rhode Island/Connecticut. Our friend Lori LeBlanc, who directs offshore programs for Louisiana’s oil/gas trade assn will be testifying at the event saying as implementation of strict new safety and environmental standards continues, Gulf of Mexico energy production is getting stronger and stronger. For a full copy of LeBlanc’s testimony, visit LMOGA’s website at www.LMOGA.com.
While the Senate stays out during the short week, the House returns with several important hearings. On Thursday, House Science will discuss the IPCC review process, hearing from scientists involved in the process, while House Foreign Affairs look at LNG exports and Asia and Small Business tackles EPA’s “Waters of the US” Rule. My colleague Lowell Rothschild (202-828-5817) is an expert on the topic should you need a good resource. Finally, on Friday, E&C’s oversight panel returns to DOE’s loan programs.
Remember to keep your eyes peeled later this week for an analysis of the economic impacts of the GHG rule. Call with Q’s…
IN THE NEWS
LA Oil, Gas Offshore Head LeBlanc Discusses Gulf Energy Future at DOE QER Meeting – Louisiana oil trade executive Lori LeBlanc said as implementation of strict new safety and environmental standards continues, Gulf of Mexico energy production is getting stronger and stronger at the U.S. Department of Energy’s Quadrennial Energy Review (QER) meeting in New Orleans. LeBlanc served as one of four panelists discussing “Gulf Coast Energy Transmission, Storage and Distribution Infrastructure.” DOE Secretary Ernie Moniz lead off the forum, the third in a series of meetings examining different aspects of today’s U.S. energy picture, focused on offshore energy development and regional conservation efforts. LeBlanc said “between 2014 and 2019, output from the Gulf is expected to rise another 26%, from around 1.5 million bpd to 1.9 million bpd. There have been nine new discoveries of oil formations in the Central Gulf since June 2012, spurring significant bids in the most recent lease sale that garnered over $850 million for the Department of the Interior and signaled strong continued business interest in the offshore. Federal revenue from offshore energy production from 2003 to 2012 totaled more than $47 Billion in lease sales and royalties – a major source of revenue for the U.S. Treasury.”
And What About Oil’s Economic Impacts – LeBlanc also focused on the Economic impacts of the drilling and production. “The total economic impact of Gulf energy is immense. It creates jobs in every state in the U.S., with some 430,000 jobs nationwide estimated to link to Gulf energy activity, along with tens of thousands here in Louisiana alone. The offshore oil and gas industry has a $44 billion annual impact to Louisiana per year and a $70 billion annual impact when you factor in the related pipeline and refining industries.”
PJM Auction Double Electricity Prices for Future, NJ Still Highest – The PJM Interconnection said the results of the 2017-18 auction will result in higher prices over the 2016 auction, with prices doubling. The result of the annual auction were posted Friday and will have PJM garner 167,004 megawatts of capacity resources to serve the region from June 1, 2017, to May 31, 2018, a reserve margin of 19.7%. Interestingly, much like last year’s auction, there was price separation in northern New Jersey, actually throughout PSEG’s zone. The price separation in PSEG is caused by transmission constraints and therefore must run higher priced generators to meet capacity. This year – prices levelized across all regions of PJM, except for PSEG. PSEG cleared at $215 MW-day, while all other PJM regions cleared at $120 MW-day. There are two main ways to fix this problem – build new local gas-fired generation or build new transmission. New Jersey already tried to fix the price problem by incentivizing the creation of new, in-state gas-fired generation with their LCAPP program, but that was met with stiff opposition by incumbent generators (and PJM) and the courts ultimately blocked the State’s program. The PJM region covers 61 million people over 13 states and D.C. that features a transmission grid of more than 62,500 miles.
Marcellus Drillers Innovate Ways To Benefit From Field-Gas-Powered Operations – A good article by Alex Benedetto at SNL Energy said that although many producers in the Marcellus Shale can source natural gas to fuel their operations, infrastructure limitations have made it hard for them to use field gas on a large scale and transport it to the rig from the source. Driven by low cost, producers have thought of alternative ways to shift to field gas in powering their rigs. “We’ve been drilling for five years, which has allowed us to stretch the pipeline system in such a way that we are able to find locations to drill in our acreage where field gas is available, or the drilling rig is out there drilling on tube trailer gas and at the same time a pipeline is being constructed to it,” said George Stark, spokesman for Cabot Oil and Gas.
Fracking Hits Websters – The annual addition of new words to Webster’s Collegiate Dictionary and the company’s free online database was hit energy this year. Fracking and cap and trade were among 150 new words announced Monday by the Springfield, Massachusetts, company. Many of the other new words and terms stem from digital life and social media — spoiler alert, hashtag, selfie and tweep — while others are food driven, including pho and turducken, a boneless chicken stuffed into a boneless duck stuffed into a boneless turkey. Of course, as a Michigan native, my favorite new word is Yooper, the moniker for native or longtime residents of the Lake Superior region known for a distinctive manner of speaking.
Dems Oppose GHG Rule, Questions CCS Viability – Seven red-state Democrats sent EPA a letter last week saying its proposed rule for new power plants is “not based on technology that has been adequately demonstrated on a commercial scale. Senators, led by ND’s Heidi Hietkamp and IN’s Joe Donnelly said they “strongly recommend that you evaluate more appropriate ways to regulate emissions in order to truly support the development of CCS and other clean coal technologies. Long-term thinking is essential to ensure that every U.S. citizen will have access to affordable and reliable energy while encouraging energy solutions that lower our carbon footprint.” Others signing the Letter include Mary Landrieu of Louisiana, who chairs the Senate Energy and Natural Resources Committee; Joe Manchin of West Virginia, Claire McCaskill of Missouri, Mark Pryor of Arkansas and Mark Warner of Virginia.
45 Sens Ask for Comment Period Delay – Meanwhile, 45 Senators including a number of key Democrats are asking EPA to extend the comment period for the GHG rule for new power plants. The letter says EPA should grant the request because of the “significant impact this rule could have on our nation’s electricity providers and consumers, on jobs in communities that have existing coal-based power plants, and on the economy as a whole.”
GA Power to Bring Wind to State – The Georgia Public Service Commission (PSC) has granted unanimous approval for utility Georgia Power to purchase power from two wind farms in Oklahoma. Starting in 2016, the utility will buy a total 250 MW of wind energy from EDP Renewables North America’s Blue Canyon Phase II and VI wind farms. The contracts were initially announced in April 2013 but required PSC approval. According to Georgia Power, these wind purchases are cheaper than other forms of electric generation already on the grid and will put downward pressure on rates. Utility spokesperson John Kraft says, “It is significant anytime we can diversify our generation resources by adding cost effective renewables. This is an exciting time to add wind generation to our portfolio.” The Sierra Club, an environmental organization, has also welcomed the PSC approval.
Poll Shows Americas Energy Knowledge Low – Americans have taken a wide range of energy saving behaviors in the past six months, and overall energy knowledge is relatively low, according to a recent national poll by Morning Consult Energy. The poll was conducted from April 24-27, 2014, among a national sample of 2,045 registered voters. The interviews were conducted online and the data was weighted to approximate a target sample of registered voters based on age, race/ethnicity, gender, educational attainment, region, annual household income, home ownership status, and marital status. Results from the full survey have a margin of error of plus or minus two percentage points. Overall, 11% of Americans say they feel they know ‘a lot’ about energy issues and problems, 48% say they know ‘a fair amount, 36% say they know ‘only a little, and 5% say they know ‘practically nothing’ about energy issues. Two in 10 tea party supporters, and nearly two in 10 self-described environmentalists say they feel they know ‘a lot’ about energy issues.
Podcast Look at Energy Issues – In case you missed it last week, our friends at the Energy Gang are doing a fresh pod cast each week on Greentech Media that features three current stories on clean energy. Stephen Lacey, Jigar Shah and Katherine Hamilton engage in lively discussion of technologies, policies and market forces driving energy and environmental issues. The Gang often brings on guests who contribute to the conversation. See: http://feeds.feedburner.com/TheEnergyGang.. You can also find The Energy Gang on Greentech Media (http://www.greentechmedia.com).
API: US Crude Output, Refining Growth Strong in April – API said U.S. crude oil production in April rose 12.6% year-on-year, reaching nearly 8.3 million barrels per day, the highest seen in that month since 1988. Refined oil product gross inputs and exports also reached 16.1 million barrels per day, a 5.1% increase from April of last year. API said April brought strong year-over-year growth in both the production and refining sectors, adding that the oil and natural gas industry continues to provide a solid base for growth in the larger economy.
ON THE SCHEDULE THIS WEEK
Brooking Forum to Discuss Russian Gas Matrix – The Brookings Energy Security Initiative (ESI) and the Center on the United States and Europe (CUSE) at Brookings will host a discussion this morning to launch the Oxford Institute for Energy Studies’ (OIES) new book on The Russian Gas Matrix: How Markets are Driving Change. This study looks at the shifting relationship between supply and demand for Russian gas and Russia’s influence in the European and Asian energy sectors. James Henderson, co-editor of the study, will present OIES’s findings along with Jonathan Stern, one of the book’s contributors and chairman of the Natural Gas Research Program at OIES. After their remarks, Edward C. Chow, senior fellow at the Center for Strategic & International Studies, will serve as a discussant and Charles K. Ebinger, senior fellow and director of ESI, will moderate the discussion.
Forum to Look at Second Gen Biofuel Risks – The George Washington University Environmental Law Studies Program, the Society for Risk Analysis National Capital Area Chapter, the Women’s Council on Energy and the Environment (WCEE); Risk, Policy and Law Specialty Group, Society for Risk Analysis (SRA RPLSG); and USDA Office of Risk Assessment and Cost Benefit Analysis (ORACBA) will host an event tonight at 6:00 p.m. at Burns Hall Room 505 on the risk regarding increasing demand for sustainable bioenergy feedstocks (other than corn) to meet U.S. renewable fuel mandates. Practitioners will discuss the challenges of navigating the need for ecological protection while also fostering the development of renewable bio-based sources of energy and chemicals, and what role risk analysis can play in the process.
FERC NRC to Discuss Reliability of Grid – Commissioners and staff from the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission will hold a joint meeting tomorrow at 9:00 a.m. in Rockville. The meeting is the seventh time the two commissions have met to discuss issues of mutual concern to their respective agencies and underscores the commitment of these two agencies to the safe and reliable operation of the bulk power system. The public meeting will focus on grid reliability, nuclear power plant license renewals and dam safety. It will include presentations by FERC and NRC staff, as well as participation by staff of the North American Electric Reliability Corporation.
RFF Seminar to Look at Ecology – Resources for the Future will hold a First Wednesday Seminar tomorrow at 12:45 p.m. focused on natural resources, ecology and public policy. Demographers emphasize that the population growth rate has steadily declined over the last four decades and is expected to continue declining at a rapid rate. What does this demographic phenomenon signify for demands on natural resources and ecological systems? What other factors may concurrently come into play? This moderated panel discussion will draw on the emerging insight that humankind may be in the era of the “Anthropocene,” prompting us to reconsider interrelationships among people, resources, ecology, and the way public policies shape these linkages. Jack Bobo will discuss some of the key demographic trends. Erle Ellis, who has developed the still more recent concept of the “anthrome,” will discuss implications for ecological systems, including whether the potential to conserve biodiversity may, paradoxically, be increased by rapid urbanization and more intensive use of agricultural land. Roger Sedjo and Joel Darmstadter will emphasize the joint influence of markets and policy intervention, particularly in the cases of forests, agriculture, and energy.
Forum to Look at Financing the Green Economy – The Johns Hopkins University will host a forum tomorrow at 4:00 p.m. with Nick Robins, director of the Climate Change Centre of Excellence at HSBC, and Simon Zadek, visiting scholar at Tsinghua School of Economics and Management and a senior fellow at the Global Green Growth Institute. Both will discuss financing the green economy and changing the rules of the game.
Green to Headline Hudson Energy Infrastructure Forum – The Hudson Institute will host Rep Gene Green of Texas on Thursday morning at 8:00 a.m. to discuss energy infrastructure. In the last few years, North America has experienced an energy renaissance as advances in technology and techniques have spurred major increases in oil and natural gas production. However, these abundant energy resources will only substantially benefit the North American economy and consumers in the long run if necessary infrastructure is planned, permitted, and built to integrate supply and demand in an efficient and expeditious manner. The recent rail accidents involving petroleum tank cars have focused more concern on the issue of energy infrastructure, particularly in the United States. Moreover, without expanding energy logistics capacity North American competitiveness may suffer as energy markets in Asia and Europe advance. Green is principal co-sponsor of bipartisan legislation, the North American Energy Infrastructure Act (H.R. 3301), which aims to modernize the current permitting process for the construction of natural gas and petroleum pipelines and electrical power lines that would cross the boundaries of the United States. Rep. Green will join Senior Fellow Christopher Sands to discuss the status of North American energy infrastructure and prospects for congressional action this year related to U.S. energy policy.
House Approps to Move AG Funding – On Thursday at 9:00 a.m., the full House Appropriations Committee will meet to mark up the FY 2015 Agriculture Appropriations Bill.
House Science Looks at UN IPCC Report, Process – On Thursday at 11:00 a.m., the House Science Committee will hold a hearing to examine the UN Intergovernmental Panel on Climate Change Process. Witnesses will include Richard Tol of the University of Sussex, Princeton’s Michael Oppenheimer, UCSB’s Dan Botkin and Roger Pielke Sr. of Colorado State University.
NOIA’s Luthi, Others Featured on Oil Pollution Act Update Panel – On Thursday at 12:00 p.m., a panel of experts will the Oil Pollution Act and attempts to update it given recent spill activity. In 1990, following the Exxon Valdez oil spill, President George H.W. Bush signed the Oil Pollution Act (OPA) into law to strengthen the federal government’s ability to prevent and respond to oil spills, establish financial resources to aid response, and raise standards for contingency planning. In 2010, in response to the Deepwater Horizon oil spill, President Barack Obama signed an Executive Order to establish the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling. This bipartisan presidential commission “tasked with providing recommendations on how the United States can prevent and mitigate the impact of any future spills that result from offshore drilling.” Three years after the Commission’s 2011 report, much has happened in the area of oil pollution law, though only one aspect of OPA has been amended. An expert panel will discuss developments in oil pollution law, including discussions on developments in the Houston Ship Channel oil spill, the Deepwater Horizon disaster and the pending civil penalty action, the oil transport disaster in Lac-Mégantic, Quebec, the Deepwater Horizon Natural Resource Damage Assessment, and the status of claims made under the BP compensation Fund. Panelists will include DOJ’s Assistant Chief of Environmental Enforcement William Brighton, NOIA’s Randy Luthi and Cynthia Sarthou of the Gulf Restoration Network.
House Small Biz Look at EPA’s “Waters of US” Rule – The Small Business Committee holds a hearing on Thursday looking at the small business impact of EPA’s new Waters of the United States rule on Clean Water Act jurisdiction. My colleague Lowell Rothschild (202-828-5817) is an expert on the topic should you need a good resource.
House FA Panel to Look at Asia, LNG – The House Foreign Affairs Committee’s Subcommittee on Asia and the Pacific will hold a hearing on Thursday at 2:00 p.m. on LNG and energy needs in Asia. Witnesses will include Mikkal Herberg of the National Bureau of Asian Research, CSIS’s Jane Nakano and Diane Leopold of Dominion Energy.
House Energy Panel Takes on DOE Loan Program – The House Energy and Commerce Committee’s Subcommittee on Oversight and Investigations will hold a hearing on Friday morning looking at the Department of Energy’s loan programs.
Green Festival Set of DC Convention Center – The Washington, DC Green Festival will celebrate its 10th year on Saturday and Sunday at the Walter E. Washington Convention Center. The event features the widest selection of products and services to work green, play green and live green – from food, fashion and health, to energy, construction and design. Enjoy vegan and vegetarian cooking demos, educational activities for kids and families, panels featuring inspirational speakers, and live music and entertainment. Shop in our unique marketplace of more than 300 eco-friendly businesses – everything from all-natural body care products and organic clothing to Fair Trade gifts, beautiful home renovations made from renewable resources, plus vegan and vegetarian offerings based on organic, non-GMO or local, artisanal foods.
FERC to Hold Cove Point LNG Public Meeting – FERC will hold a public meeting on the Dominion LNG project on Saturday at Patuxent High School in Lusby, Md. Last week FERC approved the project saying it would have virtually no impact on the environment. A contingent of environmental activists oppose the project and will likely organize in full force for the public meeting.
GHG Existing Power Plants Rule Roll Out – June 2. Last week, POLITICO reported that EPA Head Gina McCarthy has been told by the President that he will make next week’s announcement.
WCEE Panel to Look at Energy Priorities – The Women’s Council on Energy and the Environment will host a panel of thought-leaders in policy, non-profit, and industry next Monday at Noon, who will share ideas and priorities for U.S. energy policy. They will provide insight into their respective organization’s energy policy perspectives, and opportunities and expectations for the future. The event is not structured as a debate but rather as the opportunity to hear the speakers’ varying perspectives and to ask questions of the three energy policy experts. Speakers will include PG&E’s Melissa Lavinson, Janet Peace of Center for Climate and Energy Solutions (C2ES) and Veronika Rabl of IEEE-USA
Brookings Study Looks at Economic Impacts of Delays in Climate Policy – Next Tuesday, June 3rd at 1:30 p.m., Economic Studies at Brookings will host an event to present the results of a new study on the economic effects of delaying implementation of US climate policy. Non-Resident Senior Fellows Warwick McKibbin and Peter Wilcoxen and Fellow and Policy Director Adele Morris will present the new research, which will be followed by a panel discussion. A delay in the implementation of U.S. climate policy, whether the policy is an EPA regulation or a carbon tax, could mean more stringent policies are necessary later. Brookings scholars have conducted this new economic modeling to compare the economic outcomes of modest climate policy action now with the potential consequences of more stringent policies later, including effects on consumption, investment, and labor markets.
Conference to Focus on Energy Storage – The Energy Storage Association will hold its 24th Annual Conference on June 4-6th at the Marriott Wardman Park Hotel. They will launch the conference with a reception on Tuesday, June 3rd in Union Station’s Columbus Club the industry, allies, and supporters will discuss energy storage advances in policy and commercialization.
RFF to Look at Insurance – Resources for the Future will hold a seminar on Wednesday, June 4th at 12:45 p.m. looking at the future of insurance. Insurance is a fundamental tool for managing risks, improving resiliency after disaster events, and opening up economic opportunities that otherwise may not be possible. Yet, not all risks are insurable. Society has struggled in the past with risks that are highly correlated among insureds, as is the case with natural disaster events, or where losses could be so severe as to be unmanageable by the private insurance market because they could threaten the solvency of companies, as would be the case with a nuclear accident. Recently, the twin forces of climate change, altering weather patterns around the globe, and globalization, in terms of increased migration, interconnected supply chains, and rapidly changing technologies, have raised the question as to whether disaster events are becoming increasingly uninsurable. Exposure is concentrating as development in risky areas continues, and systems previously thought independent are becoming linked, whether due to relationships in the climate system, deployment of the same vulnerable technology, or reliance on a single supplier. These trends are leading to ever-increasing disaster losses worldwide.
Forum to Look at Geothermal in Developing World – The Society for International Development’s Energy & Infrastructure Workgroup will hold a workshop on Wednesday, June 5th at 12:00 p.m., looking at geothermal energy opportunities and challenges in the developing world. Geothermal energy production is heating up around the world, with great potential to meet growing energy needs both here and abroad. A panel of industry leaders will discuss this potential, the trends in geothermal production and the benefits it has over other energy sources. Because much of this energy is being produced in the developing world, we will discuss the challenges and opportunities of working in areas where we must adapt to often complex social, political, and economic contexts.
AAAS to Focus Summit on Governance – American Association for the Advancement of Science will hold a summit on climate change resilience in its Auditorium, Thursday-Friday, June 5-6th. This two-day summit is for government officials and staff, civil society, community, corporate, and thought leaders, journalists, and others interested in the governance issues raised by climate change resilience. Come if you work on climate issues and want to engage more on governance. Come if you work on and want to better understand the tensions climate change may increase. Issues of governance—how collective decisions are made, interpreted, implemented, and challenged—will enable or impede activities to increase resilience.
SEIA to Hold Webinar on Q1 2014 Solar Market Insight Report Overview – The Solar Energy Industries Association and GTM Research will hold a webinar on Thursday, June 5th at 1:00 p.m. covering the highlights of the “U.S. Solar Market Insight: Q1 2014 Report. The U.S. solar market has burst out of the gate in 2014 by recording the second-largest quarter in history. This growth was led by the strong performance of the utility segment- both in the PV and CSP markets. The webinar will highlight emerging trends in Q1, at the national level and in some of the top state markets. The discussion will also include detailed PV and CSP market forecasts for the rest of 2014 and beyond. Speakers will include SEIA’s Shawn Rumery and Cory Honeyman of GTM Research.
Forbes Exec to Keynote Energy Capital Conference – The 7th annual Energy Capital Conference will be held June 9-10th at the Omni Houston Hotel. The event addresses effective strategies for oil and gas executives interested in expanding their knowledge of how to successfully access and deploy capital. The keynote speaker will be entrepreneur-turned-publisher, columnist, television commentator, private investor and board director, Rich Karlgaard. Karlgaard has a unique vantage point on the trends driving the business and investment climates. His insights help audiences see the global marketplace with new eyes.
WAPA to Hold Chrysler Ride, Drive – The Washington Automotive Press Assn (WAPA)and Chrysler will host a ride and drive on June 12th to drive the all-new 2015 Chrysler 200 at River Farm. Simple elegance, an exhilarating driving experience, state-of-the-art technology and beautifully crafted, the all-new 2015 Chrysler 200 charts a new course for mid-size sedan customers who have earned a little luxury in their life, but demand value for their money. The Chrysler 200 team will share key information on the Chrysler 200 and answer questions.
EIA Head to Keynote International Energy Conference in NYC – Adam Sieminski, administrator of the Energy Information Administration will address the international implications of the U.S. energy renaissance at the 37th annual International Association for Energy Economics conference at the New Yorker Hotel in the big apple on June 16th. The conference goes through June 18 and also features thought leaders across business, government and academia including representatives from Statoil, National Renewable Energy Labs, IMF, Federal Reserve Bank of Dallas, UC Davis, Baker Hughes, Citi Research, SunEdison and many more. See the Detailed conference schedule here.
FERC Commissioners to Address Regional Regulators Conference – The Mid-Atlantic Conference of Regulatory Utilities Commissioners (MACRUC) will hold its 19th Annual Education Conference on June 22nd through 25th at the Hotel Hershey. Speakers will include FERC Commissioners John Norris and Phil Moeller, as well as NARUC head Colette Honorable, New Jersey Natural Gas CEO Laurence Downes, Bill Colton of ExxonMobil, Walter Lynch of American Water and Exelon Utilities CEO Denis O’Brien.
Summit to Target Crude By Rail Issues – American Business Conferences will hold a Crude By Rail summit on June 24-25 in Houston to focus specifically on how each stakeholder can cost effectively optimize safety in their operations to restore confidence and promote reliability. As the only crude by rail event specifically focused on optimizing safety, the Crude By Rail Safety Initiative 2014 host speakers from every key stakeholder group, including regulators, shippers, railroad operators, transloaders and refiners to quantify the cost-impacts of improving the safety of crude by rail operations. Expert speakers will breakdown railroad strategies for improving safety and shipper strategies for crude testing, classification and transloading, provide a cost-analysis of railcar upgrades, clarify how the emerging regulatory landscape will impact each stakeholder and examine best practice emergency response and hazmat training.