The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

e1534  ethanol  renewable-fuel-standard  fuels  fuel-blend  economy  alternative-energy 

Mark Green

Mark Green
Posted July 24, 2014

Reading content produced by opponents of the oil and natural gas industry, you see a lot of distortion, misinformation, myth and falsehood. Yet, it would be hard to identify something as packed with baloney as the supporting arguments for an idea that’s being advanced by a pair of Chicago aldermen – mandating that all of the city’s self-service gas stations offer E15 fuel.

Backers of the soon-to-be-voted-on proposal have a website, www.cleartheairchicago.com, that’s basically a clearinghouse for corn ethanol industry sophistry, trumpeting E15 as the elixir of cleaner air, reduced oil imports and lower gasoline prices – taking advantage of the public’s earnestness for all three. Unfortunately, the promises they attach to E15 are like so much snake oil.

Over and over we’ve rebutted Big Ethanol’s E15 arguments – underlying the special interest’s work to prop up the flawed Renewable Fuel Standard’s mandates for ever-increasing ethanol use. A number of them are repeated to support the Chicago proposal: E15 is cleaner and cheaper than the E10 gasoline that’s the staple of the U.S. fuel supply. It’s acceptable for use in U.S. vehicles and is actually better for them than E10. E15, they claim, is about promoting consumer choice.

Read More

shale-energy  hydraulic-fracturing  fracking  keystone-xl-pipeline  fuels 

Mark Green

Mark Green
Posted June 17, 2014

Bloomberg: North America’s dominance of global exports of refined fuels will expand to unprecedented levels by 2019 as the shale revolution makes U.S. refineries more competitive, the International Energy Agency said.

The continent will become a “titan of unprecedented proportions” and its oil refineries will export about 3.5 million barrels a day by the end of the decade, the Paris-based adviser to 29 oil-consuming nations said in a report today. North America’s imports of crude will be 2.6 million.

“Less than ten years ago, the United States was the world’s largest importer of refined products,” the IEA said in its Medium-Term Oil Market Report, which forecasts energy-market trends. “Today it has become the world’s largest liquids producer, ahead of Saudi Arabia and Russia, as well as its largest product exporter.”

Read More

refining  epa-regulation  fuels 

Mark Green

Mark Green
Posted October 11, 2013

EPA’s proposal to require additional reduction of sulfur levels in gasoline could mean $10 billion in capital costs for U.S. refiners and annual compliance costs of $2.4 billion, according to a Baker & O’Brien study – potentially resulting in an increase of between 6 cents and 9 cents per gallon in the cost of making gasoline. Going from sulfur levels of 30 parts per million (ppm) to 10 ppm – after Tier II reduced content from 300 ppm to 30 ppm – would produce negligible improvements in air quality, according to an ENVIRON study.

Read More

environment  rfs34  ethanol  fuels  taxes 

Mary Leshper

Mary Schaper
Posted August 15, 2013

Say Anything Blog Despite Record Production, State Oil Regulator Says Tax & Regulatory Uncertainty Hurting Investment

North Dakota blogger Rob Port comments on concerns voiced by the state’s mineral resources director: “It’s always been a hard sell to the public at large that North Dakota’s oil boom – the goose laying the golden eggs – isn’t a given. To ensure the boom is something more than a boom-and-bust, the state should be looking at simplifying the tax code.”

The Hill’s Energy & Environment Blog – EPA’s McCarthy: Responsible Natural Gas Production Key to Climate Strategy

EPA Administrator Gina McCarthy, speaking in Colorado: “Responsible development of natural gas is an important part of our work to curb climate change and support a robust clean energy market at home.”

Read More

hydraulic-fracturing  natural-gas  fuels  keystone-xl  ohio  utica-shale 

Mary Leshper

Mary Schaper
Posted July 31, 2013

Oil and Gas JournalStudy: U.S. Unconventional Plays Will Help Reduce Imports from Abroad

According to a new Wood Mackenzie study, unconventional oil and natural gas plays will continue to drive US and Canadian production for years. The Bakken and Eagle Ford shale plays are expected to account for more than half of anticipated North America tight oil production volumes of more than 5 million barrels per day by 2019.

CNN MoneyFord to Offer F-150 That Runs on Natural Gas

Ford’s best-selling truck is set to roll out of factories in 2014 with a new option: the pickup can run on liquefied natural gas. The lower cost of natural gas – about the equivalent of $2.11 per gallon of gasoline – means that “customers will be able to save money within 24 to 36 months of ownership, even though they will have to pay nearly $10,000 more for the option.” 

Read More

ethanol  blend-wall  renewable-fuel-standard  rfs34  gasoline  fuels 

Bob Greco

Bob Greco
Posted July 30, 2013

The Energy Policy Research Foundation, Inc. (EPRINC) released a study last week highlighting the consequences of exceeding the blendwall:

“The current regulatory regime, if not reformed in some substantial manner, will likely spike gasoline prices in 2014, as federal mandates take the U.S. gasoline pool significantly above 10 percent ethanol by volume.”

The risk mentioned here isn’t coming as a surprise. We’ve described the potential consequences of the RFS and highlighted the real costs of the program here, here, and here. EPRINC’s study brings all of these problems into focus, underscoring the immediate consequences that could face consumers in 2014.

Read More