Posted August 13, 2013
In an effort to curb carbon emissions, Canadian energy companies have started converting CO2 into products – taking carbon dioxide from processing oil sands, mixing it with wastewater and fed to algae, which then can be turned into cattle feed and other products.
Washington Times – China Will Surpass U.S. in Oil Imports
According to EIA data, China will take over the top spot from the U.S. as the world’s largest importer of crude oil by October, the newspaper reports. This shift in the global oil market – the first time the U.S. will not be the top importer or oil since the 1970s – “could transform geopolitics” as the U.S. shale surge continues.
Deseret News – In Our Opinion: The Ethanol Strategy
In an editorial, the newspaper writes that it’s time to “rethink” the U.S. ethanol strategy. “Economically, ethanol producers have required massive government subsidies to survive... In addition, ethanol is less fuel efficient, and therefore more expensive, than petroleum, even with current high prices."
Oil & Gas Journal – Wolfcamp Play Dwarfs Bakken, Eagle Ford
New estimates find that the Spraberry Wolfcamp shale play that covers parts of West Texas and New Mexico could become the largest oil and natural gas discovery in the world, OGJ reports. Based on recoverable reserves, the play is second only to the Ghawar field in Saudi Arabia.
Alaska Dispatch – U.S. Regulators Should Approve Neglected LNG Export Applications
In a guest post, Center for Liquefied Natural Gas President Bill Cooper writes on the “growing momentum of support from lawmakers, as well as energy experts and economists across the country” of LNG exports. “With so much to gain and little to lose, it’s time for DOE to stop delaying, follow the law and approve pending export projects as quickly as possible.”
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.