Posted July 17, 2013
National Journal – Overwhelming U.S. Support for Keystone XL Pipeline, Poll Shows
The United Technologies/National Journal Congressional Connection survey finds that more than two-thirds of respondents support building the pipeline to carry Canadian oil to U.S. refineries. Just 24 percent oppose.
Dallas Business Journal – U.S. Shale Oil Output Could Reach 5 Million Barrels/Day by 2017
Harvard Kennedy School researcher Leonardo Maugeri, a former oil industry executive from Italy, says growing shale development could make the U.S. the world’s top oil producer in a few years. Maugeri estimates there could be more than 100,000 working wells in North Dakota and Texas by 2030 (up from the current 10,000).
MarketWatch.com – The Danger of Too Much Ethanol
The Texas Public Policy Foundation’s Josiah Neeley writes that ethanol mandates under the Renewable Fuel Standard could put refiners up against the “blend wall,” forced to choose between hundreds of millions in fines or similar amounts for offsetting credits. Raising the ethanol content in gasoline could risk damaging vehicle engines, Neeley writes, adding: “Mostly, ethanol has shown why attempts to centrally manage the development of new energy sources are doomed to failure.”
Houston Chronicle – Moving the Goalposts on Keystone XL
A Chronicle editorial says the president’s suggestion that Canada must increase its commitment to cleaner oil sands development as a condition for his approval of the pipeline ultimately could prompt the Canadians to look to other outlets. “The administration’s hard line on Keystone also comes at the price of jobs and energy security – a price the president appears willing to pay,” the paper writes.
ABOUT THE AUTHOR
Mark Green joined API after a career in newspaper journalism, including 16 years as national editorial writer for The Oklahoman in the paper’s Washington bureau. Mark also was a reporter, copy editor and sports editor. He earned his journalism degree from the University of Oklahoma and master’s in journalism and public affairs from American University. He and his wife Pamela live in Occoquan, Va., where they enjoy their four grandchildren.