Posted June 6, 2013
The surge in U.S. shale development through hydraulic fracturing and horizontal drilling in North Dakota, Oklahoma and Texas has boosted domestic oil production – 7.3 million barrels a day last week alone – to the highest level since 1986, according to the U.S. Energy Information Administration.
Fuel Fix Blog – Feds Give More Time To Study Proposed Drilling Rule
Last month API asked for an additional 90 days to study BLM’s proposed rule governing hydraulic fracturing. Today, Interior Secretary Sally Jewell said that she would allow an additional 60 days for stakeholders to review the proposed regulations.
The Daily Beast – U.S. Closing Trade Deficit With Better Oil numbers
The Daily Beast takes a look at how the surge in U.S. oil and natural gas production is aiding America’s trade deficit. If this trend continues, notes the web site, “American businesses and consumers will be spending $20 billion less on imported oil in 2013 than they did in 2012 … leaving them with more cash to spend on domestically produced energy, or on other goods and services.”
Energy Trends Insider – Why the Timing is Ripe for Ethanol Policy Reform
In a guest post, Geoffrey Styles notes the link between the Renewable Fuel Standard, ethanol and global food prices. Styles has an interview with a researcher who suggests the RFS’ ethanol mandates should be rolled back because of ethanol’s impact on the global food situation.
The Express Star – New Research Suggests Fracking Not Significant Cause of Earthquakes
A study by United Kingdom researchers echoed recent American reports that hydraulic fracturing is not a significant source of tremors felt on the surface. The scientists looked at 198 examples since 1929, noting that “most fracking related events release a negligible amount of energy roughly equivalent to, or even less than someone jumping off a ladder onto the floor.”
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.