The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

keystone-xl  emissions  lng-exports  economy  jobs  arctic  alaska  policy 

Mary Leshper

Mary Schaper
Posted January 29, 2015

National Journal: Over the past six years, the Keystone XL oil-sands pipeline has become a powerful symbol in the midst of a national debate over energy security and climate change. Opponents warn that construction would speed Canadian oil-sands development, which could spell "game over" for the planet. But despite its iconic status, Keystone would generate far fewer emissions than the nation's fleet of power plants, a source of emissions that the president has pledged to crack down on as part of his climate agenda.

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offshore-oil-production  gulf-of-mexico  chevron  methane-emissions  federal-revenues  access  arctic  pipelines 

Mark Green

Mark Green
Posted December 3, 2014

New Orleans Times-Picayune: After more than a decade of work and a $7.5 billion investment, Chevron has started oil and gas production at its Jack and St. Malo fields in the deepwater Gulf of Mexico. The fields are among the largest in the region, expected to produce more than 500 million barrels of oil equivalent over the next three decades.

The Jack and St. Malo fields, discovered in 2003 and 2004 respectively, are located 25 miles apart in the Walker Ridge region of the Gulf about 280 miles south of New Orleans.

Oil and gas from the fields will flow back to a single, floating production platform located between the two fields. The platform has the capacity to produce up to 170,000 barrels of oil and 42 million cubic feet of natural gas per day.

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american-energy  economy  jobs  fracking  ethanol  arctic 

Mary Leshper

Mary Schaper
Posted May 1, 2014

Fuelfix Blog (Matt Smith): Let’s go a little controversial here. The US oil boom is such a headline-grabbing topic at the moment that I cannot help but draw comparisons betwixt it and its pop culture equivalent, Miley Cyrus. And while on that tangent, the oil cartel OPEC reminds me of…Justin Bieber: just as US oil production is surging in stature, OPEC’s dominance appears to be waning.

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energy-policy  exports  american-energy  fracking  new-york-drilling-moratorium  keystone-xl-pipeline  arctic 

Mary Leshper

Mary Schaper
Posted January 2, 2014

Shale-Oil Boom Puts Spotlight on Crude Export Ban

Wall Street Journal: The U.S. government virtually banned the export of crude oil in the wake of the mid-1970s energy crisis. But as America pumps more crude, 2014 could be the year those constraints are lifted.

For decades, even discussing the possibility of exporting domestic oil was a political nonstarter in Washington. Now, surging U.S. production has led to the beginning of a glut along the Gulf Coast, home to the largest refinery complex in the world. Too much crude is driving down prices there, making producers eager to export some of their oil to places like Europe where prices are higher.

Read more (subscription publication): http://on.wsj.com/1d2nGfN

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arctic  emissions  epa34  marcellus  natural-gas  regulations 

Mary Leshper

Mary Schaper
Posted June 13, 2013

Wall Street JournalU.S. Oil Notches Record Growth

In the latest sign that  the shale revolution is remaking world energy markets,  the WSJ cites BP’s 2012 Statistical Review showing crude production in the U.S. jumped 14 percent last year to 8.9 million barrels a day. (subscription publication).

Pittsburgh Post-Gazette Pennsylvania to See $202.47 Million in Per-Well Fracking Impact Fees

A new Pennsylvania Public Utility Commission report notes that more than $200 million from hydraulic fracturing impact fees will be distributed to local governments across the state. Bradford County in the state's northeast will collect the most at $7.3 million while Washington is second at $4.7 million. Lycoming and Tioga counties follow with $4.4 million each.

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