New IRS Guidance Eases Concerns of Wind

Good news for the wind industry came last week when the IRS finally issued new guidance on qualifying for the production tax credit’s “physical work” test indicating that the agency will evaluate projects with an eye toward the nature of work developers completed before the end of 2013, rather than the amount of work or […]

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Iran Joins US Producers In Avoiding Oil Import Limits

Taking a lesson from U.S. producers, Iran has increased the amount of “oil” it exports by selling natural gas condensate, a natural gas byproduct. also know as ultralight oil, that is not subject to international sanctions. U.S. producers are prohibited from exporting American oil, but are allowed to export “refined product”. U.S. producers earlier this […]

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Hurry Up and Wait–Until After the Election

For those of you who look at the calendar and think Congress still has plenty of time to get important work done, you are probably sadly mistaken. Don’t expect much if anything out of Congress except must pass bills before the November elections. There are less than 60 calendar days until the September 19 (moved […]

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To Frack or Not To Frack in Colorado

Interestingly enough, the most interesting oil and gas debate may not be going on in here in the nation’s capital, but in the Centennial State of Colorado. After months of wrangling, Colorado Governor Hickenlooper pulled the plug on a special legislative session seeking to grant communities more control over Colorado’s booming oil and gas industry. […]

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Celebrating Independence Day

For over 50 years American presidents have pledged to deliver energy independence if they were elected. Time after time they didn’t deliver. But today, despite politicians, energy independence seems within our grasp and America should celebrate. Not just energy independence, because of the blessing of technology advances allowing us to produce oil and natural gas […]

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A Week of Great Contrasts

The death and destruction in and around Independence Square in the magnificent city of Kiev earlier this week served as a stark reminder that geopolitical maneuvering affects not just sovereign nations, but individuals and families as well. With a son living in Sevastopol, I watched the tragic events in Ukraine with tremendous sadness and breath-holding […]

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Beyond Electricity – to Electric Services

This week, at the annual Washington meeting of the National Association of Regulated Utility Commissioners, the Natural Resources Defense Council (NRDC) and Edison Electric Institute (EEI) issued a statement describing a joint, groundbreaking agreement between the two organizations. The NRDC-EEI joint agreement recognizes that the old electric utility model-sending electrons from centralized generator to distribution […]

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