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Energy Tomorrow Blog

oil-and-natural-gas-development  oil-and-natural-gas-investments  energy-reserves  economic-growth 

Mark Green

Mark Green
Posted July 22, 2014

Interesting question: Might climate change laws and regulations negatively impact the value of oil reserves held by energy companies, to the point of “stranding” them, ultimately affecting shareholders? Two companies, ExxonMobil and Shell, essentially have told their shareholders, no – because projected increases in global energy demand will continue to require all viable energy sources, including oil and natural gas, into the foreseeable future. From ExxonMobil’s report to shareholders:

For several years, our Outlook for Energy has explicitly accounted for the prospect of policies regulating greenhouse gas emissions (GHG). This factor, among many others, has informed investments decisions that have led ExxonMobil to become the leading producer of cleaner-burning natural gas in the United States, for example. Based on this analysis, we are confident that none of our hydrocarbon reserves are now or will become “stranded.” We believe producing these assets is essential to meeting growing energy demand worldwide, and in preventing consumers – especially those in the least developed and most vulnerable economies – from themselves becoming stranded in the global pursuit of higher living standards and greater economic opportunity.

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domestic-energy  energy-reserves  congressional-research-service 

Jane Van Ryan

Jane Van Ryan
Posted November 10, 2009

Last week's blog post showing that the United States is #1 in total energy resources generated some buzz in the blogosphere. To recap, the post noted that the Congressional Research Service (CRS) found that the United States has resources amounting to 1,321 billion barrels of oil equivalent (BOE) which was substantially higher than any other country. 

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congressional-research-service  energy-reserves 

Jane Van Ryan

Jane Van Ryan
Posted November 3, 2009

Did you know that the United States has largest energy resources on Earth? You might be surprised to learn that a recent Congressional Research Service (CRS) report found just that. 

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