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Jack Gerard

Jack Gerard
Posted December 29, 2015

2015 ends on a high note for U.S. energy policy as Congress voted to repeal the obsolete, ‘70s-era ban on crude exports. Dozens of studies agree that lifting the restrictions will put downward pressure on gas prices, reduce the trade deficit, and provide a boost to economic growth and U.S. energy production.

Throughout the year, our status as the world’s leading producer of oil and natural gas continued to provide savings to American families and businesses while significantly enhancing our energy security. A review of the year’s energy developments shows how the American energy renaissance is paying off for consumers while also demonstrating that policymakers have some work to do in 2016.

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energy-markets  global-energy  energy-poicy  ethanol  renewable-fuel-standard  pennsylvania  jobs 

Mary Leshper

Mary Schaper
Posted October 16, 2013

U.S. Becomes World’s Top Oil Producer in 2013, Group Says

Bloomberg: The U.S. is expected to overtake Saudi Arabia as the world biggest total supplier of oil this year when natural gas liquids and biofuels are added to crude, PIRA Energy Group said.

 

The U.S. is projected to produce an average of 12.1 million barrels a day of liquids in 2013, 300,000 barrels a day higher than Saudi Arabia and 1.6 million more than Russia, according to data presented at PIRA’s Retainer Client Seminar Oct. 10 and Oct. 11 in New York.

 

The U.S. position has improved because of surging “shale oil” output, the New York-based energy consultant said. The combination of horizontal drilling and hydraulic fracturing, or fracking, has unlocked supplies in shale formations in the central part of the country. Shale liquids output has climbed 3.2 million barrels a day in the last four years, the biggest gain since Saudi Arabia raised production between 1970 and 1974.

 

“This isn’t a big surprise but notable all the same,” said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts. “This is another sign of the successful story that is horizontal drilling.”

 

Read more: http://bloom.bg/1fDiyzu

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canada  canadian-oil-sands  crude-oil  domestic-energy  energy-policy  gulf-of-mexico  keystone-xl  keystone-xl-pipeline  nebraska  oil-sands  refinery  state-department  energy-poicy 

Rayola Dougher

Rayola Dougher
Posted February 7, 2011

A few days ago in the midst of a blizzard on one of the coldest days of the year, members of the Construction and General Laborers Local 1140 met in Lincoln, Nebraska to rally in support of the construction of the Keystone XL pipeline and in opposition to state legislative proposals that would delay its construction.

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