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DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

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Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. million acres on the US Outer Continental Shelf (OCS) offshore Louisiana, Mississippi and Alabama. billion in bid revenues.

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Obama Administration to offer 40 million acres in the Gulf of Mexico for oil and gas development

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Beaudreau announced that Interior will offer more than 40 million acres for oil and gas exploration and development in the Gulf of Mexico in March lease sales. million acres, located from three to 230 nautical miles offshore Louisiana, Mississippi, and Alabama, in water depths ranging from 9 to more than 11,115 feet (3 to 3,400 meters).

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$1.3B methanol plant slated for South Louisiana

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billion in a new methanol production facility on the banks of the Mississippi River in St. The SLM methanol facility will be located in the Port of South Louisiana district, with access to interstate and intrastate natural gas and carbon dioxide pipelines. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3

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Enerkem To Receive Funding from Alberta Energy for Edmonton Waste-to-Biofuels Facility

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Enerkem’s Edmonton biofuels project was announced in 2008 and received its environmental permit in 2009. The plant will divert more residential waste from landfills, reduce greenhouse gas emissions and produce a green transportation fuel. In February, Waste Management made a strategic investment in Enerkem. Earlier post.).

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15 Air Carriers Sign Non-Binding MOUs on Synthetic Jet Fuel Purchases with Two Providers: AltAir and RenTech

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AltAir Fuels LLC was formed in 2008 to develop projects for the production of jet fuel from renewable and sustainable oils. It is expected that the FT approval will be followed by approvals for hydrotreated renewable Jet (HRJ) blends and other alternatives as data from technical evaluations is obtained. Earlier post.).

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Rice University Study and Policy Paper Find US Biofuels Policies Flawed, Recommend Fundamental Overhaul

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The bill mandated ambitious production targets of 9 billion gallons of biofuels a year in 2008, rising to 36 billion gallons a year by 2022. Legislation giving biofuels preferences on the basis of greenhouse gas benefits should be avoided. Corn ethanol is capped at 15 billion gallons a year in the law.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Louisville Gas & Electric and Kentucky Utilities.

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