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Oil

Revising the Toxic Substances Out-of-Control Act

July 2, 2015 by Steven Cohen

It's good that America had a bipartisan environmental majority in past, or our air today would be unbreathable and our water would be undrinkable. Fortunately, laws governing air and water pollution, solid and hazardous waste, endangered species, and toxic substances were enacted during those crucial decades.[read more]

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Should Gas & Oil Methane Emissions Be the Next Obama Climate Policy Priority?

July 1, 2015 by John Miller
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Emissions Priorities

Is the Environmental Protection Agency’s new proposed gas and oil production greenhouse gas regulation actually the most efficient and effective approach to reducing total methane emissions in the United States? Or are there better alternatives?[read more]

Argentina and China Lead Shale Development Outside North America in First Half of 2015

June 29, 2015 by U.S. EIA: Today in Energy

Shale Development

As recently as last year, only four countries in the world were producing commercial volumes of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil): the United States and Canada, and more recently, Argentina and China.[read more]

Where is Future EU Gas Demand Going? Implications for Russian and US LNG Exports to Europe

June 26, 2015 by Roman Kilisek

Liquid Natural Gas Demand and Exports

A new paper calls into question official EU projections regarding EU gas demand, which raises important questions about the economic viability of new gas import infrastructure – both pipelines and especially LNG terminals – and, by extension, about gas supply diversification efforts to enhance overall EU energy security.[read more]

Friday Energy Facts: U.S. Refinery Capacity Reaches 18 Million Barrels Per Day

June 26, 2015 by U.S. EIA: Today in Energy

Refinery Capacity Growth

Increased refinery runs—based on increases in both capacity and utilization—have helped accommodate increases in U.S. crude oil production. The United States' capacity to refine crude oil into petroleum products increased by 0.2% in 2014, reaching 18.0 million barrels per calendar day.[read more]

The Common Goals of the Pope and Clean Energy

June 26, 2015 by EDF Energy Exchange

The Pope and Clean Energy

Pope Francis turned a keen eye toward the environment and the problem of climate change with his encyclical,“Laudato Si” (“Praised Be”), released yesterday. As a clean energy advocate, I’m heartened that Pope Francis recognizes the need to transform our energy system.[read more]

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Natural Gas Production in East Africa: An Inevitable Resource Curse?

June 25, 2015 by Neha Nandakumar

African Resources and Consequences

East African nations are experiencing a boom in oil and natural gas production that is increasingly exported by Western companies. While these activities may appear to be an economic boon to these countries, they could potentially cause natural gas to be a “resource curse” for developing nations.[read more]

Development of Arctic Offshore Resources via Submarine: Here We Come?

June 25, 2015 by Roman Kilisek

Arctic Resource Exploration

A recent analysis in “Today in Energy” looked at oil production in Alaska and concluded that oil exploration in the US Arctic continues despite the current low price environment. No surprise there given that the energy industry requires long lead times for new projects and new production.[read more]

Two Degrees: EU Climate Debate Highlights Key Ingredients for a Deal in Paris [VIDEO]

June 25, 2015 by David Thual
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EU Climate Debate

Sonja van Renssen is joined by Jos Delbeke, Director General for Climate Action, European Commission, Kathleen Van Brempt MEP, Vice-president of the S&D Group, and Eirik Wærness, Chief Economist and Vice President, Statoil, to debate: “Road to Paris: can the EU retain its leadership role at COP21?”[read more]

Under Sanctions, Iran's Crude Oil Exports Have Nearly Halved in Three Years

June 25, 2015 by U.S. EIA: Today in Energy

Iran Oil Sanctions

Sanctions imposed by the United States and the European Union (EU) at the end of 2011 and during the summer of 2012, respectively, led to the displacement of more than 1.0 million barrels per day (b/d) of Iranian crude oil on the global market.[read more]

BP Data Suggests We Are Reaching Peak Energy Demand

June 24, 2015 by Gail Tverberg
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Peak Demand and Energy Risk

Some people talk about peak energy (or oil) supply. They expect high prices and more demand than supply. Other people talk about energy demand hitting a peak many years from now, perhaps when most of us have electric cars. Neither of these views is correct.[read more]

Surging US SUV Sales: Why Increased Engine Performance May Augur Badly for Climate Targets

June 24, 2015 by Roman Kilisek

SUVs and Climate Change

According to the EPA, the majority of such transportation-related CO2 emissions result from the “combustion of petroleum-based products, like gasoline, in internal combustion engines” with the largest emitters being “passenger cars and light-duty trucks, including sport utility vehicles, pickup trucks, and minivans.”[read more]

Oil and Natural Gas Production Job Declines Tend to Lag Oil Price Declines

June 24, 2015 by U.S. EIA: Today in Energy

Fossil Fuels and Labor Levels

Employment in oil and natural gas extraction and support activities in the United States reached nearly 538,000 in October 2014, but then it declined by about 35,000 jobs, or 6.5%, over the following six months, through April 2015, according to data from the U.S. Bureau of Labor Statistics (BLS).[read more]

The Post-Partisan Fallacy: Is the Republican Party Incapable of Addressing Climate Change?

June 22, 2015 by Stephen Lacey
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Climate Change Partisanship/shutterstock

After Pope Francis issued his strongly worded encyclical on climate change and the environment, many wondered how it would influence conservatives. It didn’t take long. “I don’t think we should politicize faith,” said Republican presidential hopeful Jeb Bush, who brushed off climate change as an inherently political issue.[read more]

U.S. Crude Oil Production Growth Helps Gulf Coast Imports

June 22, 2015 by U.S. EIA: Today in Energy

Oil Production and Exports

In recent years, higher domestic production of light, tight crude oil has led to a reduction in crude oil imports. Certain types of crude oil have been affected more than others; for example, the increased economic availability of domestic light, tight crude oil has virtually eliminated Gulf Coast imports of light crude oil.[read more]