The nation’s most powerful oil industry lobbying group demonstrates new drilling technology in the Capitol today at a time when lawmakers are debating Florida’s response to global warming.
The American Petroleum Institute demonstrates its latest technology, including directional drilling and deepwater drilling ships, on the 22nd floor of the Capitol at 11 a.m.
The display, which lasts [...]

Just a few months ago House Republicans and representatives of the energy industry were poised to rewrite a quarter-century of national energy policy and open the seas off the Atlantic and Pacific coasts to oil and gas drilling, which environmentalists had fervently resisted.
But Tuesday’s Democratic victory in midterm elections has changed the legislative landscape, obliterating [...]

The president of Shell Oil, in Miami for a speech, says it’s time to embrace new energy sources.
In the wake of last year’s hurricanes, the United States narrowly averted a major disruption to its fuel supply on a scale “inconceivable in recent memory,” says Shell Oil Co. president John Hofmeister.
A year later, Hofmeister says he [...]