Posted October 28, 2013
With colder weather creeping across the country, we think of the energy the U.S. oil and natural gas industry is providing for Americans’ lives, including heating homes and businesses. So when the Energy Department blog highlighted ways to “energize your neighborhood” with a series of energy-themed pumpkin stencils in time for Halloween – but didn’t include any for the sources of 62 percent of the energy Americans use – we thought maybe it was some kind of holiday trick.
Never fear, we've got the treats: Energy Tomorrow’s own pumpkin-carving stencils to fill in the gaps. "Energyween" anyone?
Posted October 25, 2013
The Case Against Renewable Fuel Standard Subsidies
American Enterprise Institute: How did we reach the point where the government is promoting a dreadful fuel that gets worse fuel economy than gasoline or diesel, drives up food prices, damages car engines and has unintended environmental consequences?
The Renewable Fuel Standard has come to symbolize everything that is wrong with government-imposed mandates. It is causing more harm than good and should be scrapped.
For years, ethanol was promoted as a renewable, homegrown alternative to gasoline, a way to reduce tailpipe emissions and dependence on imported oil.
In 2007, as part of the Energy Independence and Security Act, Congress adopted the RFS, requiring refiners to blend 13.8 billion gallons of ethanol into gasoline by 2013 and up to 36 billion gallons by 2022. This mandate, however, has become completely unworkable and unnecessary.
Read more: http://bit.ly/1hg9Mqv
Posted October 9, 2013
Fracking the U.S. Trade Deficit
Christian Science Monitor: The US is slowly chipping away at its trade deficit, which should create more jobs, more economic growth, less unemployment, and a smaller federal deficit.
And the boom in domestic energy production is a key factor behind that narrowing trade deficit Over the past decade, oil and gas production has surged at vast shale formations in Texas, North Dakota, Pennsylvania, and elsewhere across the US. That has led to a rise in exports of petroleum products and a reduction in the amount of oil and gas the US imports from abroad.
It's one benefit of the domestic hydraulic fracturing and horizontal drilling revolution that has stirred passion on all sides of the debate over America's energy future.
Read more: http://bit.ly/17XiSnK
Posted October 8, 2013
Texas Continues to Lead the Shale Oil and Natural Gas Revolution
Forbes: Almost lost in all the news about the federal government “shutdown” (which has somehow left 83% of the government funded and functioning) over the last week are several new reports regarding the ongoing massive oil and natural gas Shale Revolution in the United States, and the role Texas is playing in making it happen…
When one includes condensate production from natural gas wells, Texas produced over 2.6 million BOPD in July, fully 35% of the nation’s petroleum production. Just a little more than 2 years ago, in April 2011, Texas’s daily oil production was 1.3 million BOPD, accounting for just 20% of total US production. That’s a phenomenal increase in only two years. The state’s current production level would rank it 13th among all countries on earth, and the rate of increase will almost certainly move the state into the top ten within the next 12 months.
Read more: http://onforb.es/18N2qWO
Posted September 27, 2013
Fracking is Helping U.S. Produce More of Its Own Energy
Fact Tank: Though many Americans apparently don’t realize it, the U.S. is producing considerably more of its own energy. Last year the U.S. generated a record 79.1 quadrillion Btu (British thermal units) domestically, nearly 14% more energy than in 2005, largely due to increased production of oil and natural gas.
And with the ongoing boom in “unconventional” oil and gas production, the nation is on track to produce even more energy this year.
Read more: http://bit.ly/175nsA7
Posted September 25, 2013
Guest Editorial: Keystone Pipeline System Operating for Years
Sun Advocate: Here's a little-known fact: The Keystone pipeline system has been transporting oil sands from Canada to U.S. refineries in the Midwest for three years -- with no major leaks and, more importantly, no major complaints from environmentalists. …
The fact is that the Keystone XL pipeline is simply an extension of an already existing program that is working well, creating jobs and expanding U.S. manufacturing. It should be an easy, and quick, decision for any president concerned about the economy.
Read more: http://bit.ly/15tQTxq
Posted September 24, 2013
Progress, Not Perfection, in Tackling Global energy Challenges: WEC Report
Breaking Energy: The US, which ranks at number 15 on the 2013 Energy Sustainability Index, is facing serious challenges to improving its place on the index, and more importantly, its energy sector investment outlook, because of policy uncertainty. The recent moves by the Obama Administration to regulate carbon emissions from coal-fired power plants are, despite the President’s good intentions, “the worst kind of thing that can happen” in energy policy design, Mark Robson said. “The value of … doing nothing has gone up.”
“It’s not enough for the policy to be good, it needs to be implemented well,” MacNaughton said, echoing Robson’s point. Companies can now expect a period of lobbying and litigation over the EPA carbon rule adjustment proposal that delays investment and corporate decision making still further in a country with a rapidly aging power sector, MacNaughton said.
Read more: http://bit.ly/18nRBZQ
Posted September 20, 2013
U.S. Oil Output Exceeded Oil Imports Last Week by the Most Since Early 1997
AEI Carpe Diem Blog: In another milestone for America’s shale revolution, the amount of domestic crude oil produced last week at 7.82 million barrels per day (bpd) exceeded weekly net imports of 7.52 million bpd by 304,000 barrels, according to data released yesterday by the Energy Information Administration (see chart above). There have only been two weeks since early 1997 that US crude oil production exceeded weekly imports, once in May this year by 80,000 bpd and now last week by 304,000 bpd.
As the chart above shows, US oil imports exceeded US crude oil production by 5 million bpd throughout most of 2008 when imports averaged about 10 million bpd and domestic production was about 5 million bpd. By early 2012, domestic oil production increased to 6 million bpd, but was still about 3 million bpd below oil imports of 9 million.
Read more: http://bit.ly/1aRzldF
Posted September 19, 2013
Eagle Ford Oil Expected to Surpass 1 Million Barrels Per Day Next Year
Fuel Fix Blog: SAN ANTONIO, Texas — Eagle Ford Shale oil production is expected to reach 1 million barrels per day next summer — and keep growing as operators add tens of thousands of more wells to the giant South Texas field.
“This is a huge oil producer,” said Subash Chandra, a managing director and at the investment banking firm Jefferies & Co. He spoke Wednesday to more than 4,000 people attending Hart Energy’s third annual DUG Eagle Ford Conference at the Convention Center.
More than 11,100 wells have been permitted in the Eagle Ford since 2008, but the research firm DrillingInfo estimates there are at least another 85,000 wells left to drill in the field.
Read more: http://bit.ly/1a7zh8l
Posted September 17, 2013
Containment Measures Mean Lower Methane Leaks from Fracking Than Previously Thought
New York Times: Drilling for shale gas through hydraulic fracturing, or fracking, appears to cause smaller leaks of the greenhouse gas methane than the federal government had estimated, and considerably smaller than some critics of shale gas had feared, according to a peer-reviewed study released on Monday.
The study, conducted by the University of Texas and sponsored by the Environmental Defense Fund and nine petroleum companies, bolsters the contention by advocates of fracking — and some environmental groups as well — that shale gas is cleaner and better than coal, at least until more renewable-energy sources are developed. More than 500 wells were analyzed.