Posted October 31, 2013
Canadian Oil Hits the Rails
New York Times: HOUSTON — Over the past two years, environmentalists have chained themselves to the White House fence and otherwise coalesced around stopping the Keystone XL pipeline as their top priority in the fight against global warming.
But even if President Obama rejects the pipeline, it might not matter much. Oil companies are already building rail terminals to deliver oil from western Canada to the United States, and even to Asia.
Since July, plans have been announced for three large loading terminals in western Canada with the combined capacity of 350,000 barrels a day — equivalent to roughly 40 percent of the capacity of the proposed Keystone XL pipeline that is designed to bring oil from western Alberta to refineries along the Gulf Coast.
Over all, Canada is poised to quadruple its rail-loading capacity over the next few years to as much as 900,000 barrels a day, up from 180,000 today.
Read more: http://nyti.ms/1aqEagq
Posted September 19, 2013
Five years … and counting. The Keystone XL pipeline now has been under consideration by the Obama administration for five years – or about twice as long as it would take to complete the project linking Canada’s oil sands region with U.S. refiners onthe Gulf Coast and longer than a number of iconic projects highlighted here by the folks at Oil Sands Fact Check. So, what have we learned?
First, there’s the power of politics. Opponents of oil sands – and, generally, all fossil fuels – have waged a war of proxy against a shovel-ready project that would create tens of thousands of U.S. jobs, stimulate the economy and make our country more energy secure. Unfortunately, the Keystone XL has been turned into a symbol for an off-oil political agenda that’s detached from fact and reason
Posted September 5, 2013
How America’s Oil and Natural Gas Revolution is Helping Consumers and Workers
CNN Money (Daniel Yergin): The rapid rise in shale gas and tight oil in the United States constitutes nothing less than a revolution in oil and natural gas. No longer can there be any doubt about the dramatic change in America's energy position. U.S. oil production is up 50% since 2008, when we were supposedly slated to run out of oil. Natural gas production has increased by 33% since 2005, and shale gas alone now constitutes about 45% of total natural gas production.
This revolution is not just about energy production; it's an economic story along several dimensions, whether measured in consumers' pocketbooks, jobs, U.S. manufacturing output, or America's increased competitiveness in the world economy. This has occurred amid a half-decade of deep recession and high unemployment. Indeed, without the boost from the unconventional oil and gas development, the U.S. economic picture would have looked even worse over the last few years.
Read more: http://bit.ly/15ClGse
Posted August 13, 2013
Everybody’s got one – an Energy IQ, that is. Find out yours, and you could win an iPad!
Click here, follow the instructions and give it a whirl. API is giving away an iPad a week this summer, and there are lots of chances to win.
Posted August 9, 2013
The new study by IHS CERA backs an earlier U.S. State Department analysis that the pipeline and pipeline-related oil sands development wouldn’t significantly affect U.S. greenhouse gas emissions.
Posted July 26, 2013
Posted July 23, 2013
Over the nearly five years the administration has been reviewing the Keystone XL pipeline, a strong case has been made that the project is in the U.S. national interest – in terms of jobs and strengthening our country’s energy security through safe and responsible development and transportation of oil sands from Canada. To those points that echo throughout the long Keystone XL public debate, it’s extremely valuable to add unique perspective. Retired Marine Corps Gen. James Jones, former national security advisor in the Obama administration, adds such perspective – from one who both fought for this country and later helped direct its military defense.
Posted July 23, 2013
Check in with a policy briefing on the Keystone XL’s national interest and security implications, hosted by The Hill:
Posted July 18, 2013
The newspaper reports land on the air force base located on the central California coast could be leased for offshore “slant drilling.” An Air Force spokesman tells the Times: “Initial information obtained by the Air Force indicates there may be potential for new technology slant drilling capable of targeting oil deposits off Vandenberg Air Force Base’s coastline from locations with minimal or mitigable mission/environmental impacts.”
Posted July 17, 2013
The Associated Press reports the 430-mile Vantage Pipeline will supply about 60,000 barrels of ethane (a natural gas liquid) per day from the Bakken to Alberta’s petrochemical industry later this year. Ethane has a number of uses including the manufacture of plastics. The project’s approval is a good and welcome development.