Posted March 12, 2015
Oil and natural gas industry groups joined by environmentalists and anti-hunger groups have joined forces to outline concerns with the Renewable Fuel Standard (RFS) and to ask Congress to repeal or significantly reform the program with its ethanol mandates.
Posted March 10, 2015
A postscript to our post explaining that the crude oil the Keystone XL pipeline would deliver is comparable to other heavy crudes already being refined in the U.S.: Oil sands crude would replace other heavy oils – most significantly, crude currently imported from Venezuela.
The point is made in the U.S. State Department’s most recent (of five) environmental reviews of Keystone XL:
Gulf Coast refiners’ traditional sources of heavy crudes, particularly Mexico and Venezuela, are declining and are expected to continue to decline. This results in an outlook where the refiners have significant incentive to obtain heavy crude from the oil sands. Both the EIA’s 2013 AEO (Annual Energy Outlook) and the Hart Heavy Oil Outlook (Hart 2012b) indicate that this demand for heavy crude in the Gulf Coast refineries is likely to persist throughout their outlook periods (2040 and 2035 respectively).
Posted March 10, 2015
Posted March 9, 2015
Apparently not content with the four Pinocchios he recently earned from the Washington Post for statements on the Keystone XL pipeline, President Obama last week put in a bid for five with remarks aimed at the project’s environmental impact.
At an appearance in South Carolina, the president termed “extraordinarily dirty” the methods used to develop Canadian oil sands:
“The reason that a lot of environmentalists are concerned about it is the way that you get the oil out in Canada is an extraordinarily dirty way of extracting oil, and obviously there are always risks in piping a lot of oil through Nebraska farmland and other parts of the country.”
First, after more than six years of review by his administration, the president really should take the time to read the U.S. State Department’s environmental review of Keystone XL – the latest of five that all have cleared the pipeline on environmental grounds. As well, energy consulting firm IHS found that Keystone XL and the oil sands it would deliver would have “no material impact” on U.S. greenhouse gas emissions.
Posted March 3, 2015
Posted March 2, 2015
Posted February 27, 2015
President Obama, in an interview with a North Dakota television station, explaining why he continues to delay the Keystone XL pipeline:
“Part of the reason North Dakota has done so well is because we've very much been promoting domestic U.S. energy use. I've already said I'm happy to look at increasing pipeline production for U.S. oil. But Keystone is for Canadian oil. Sending it down to the Gulf. It bypasses the U.S., it estimated to create 250, maybe, 300 permanent jobs. We should be focusing on American infrastructure for American jobs for American producers, and that's something we very much support.”
In the span of just six sentences, the president contradicts expert analysis of Keystone XL’s jobs and market impacts at least four times – about once for each breath.
Posted February 26, 2015
By continuing to delay the Keystone XL pipeline, President Obama continues to elevate politics over the pipeline’s merits and symbolism over acting in the U.S. national interest.
Instead of giving the go-ahead to a project that would create good, middle-class jobs, boost the national economy and strengthen America’s energy security, the president talks about preserving processes and procedures. That’s not leadership for the entire country; that’s once again giving in to Washington politics.
Posted February 25, 2015
Posted February 24, 2015