Bakken

Who Obama and Romney Listen to on Energy: Part 1

By


It’s hard to imagine two people less alike than Harold Hamm and Heather Zichal, the top energy advisers to the presidential candidates.

Hamm, energy czar for Mitt Romney, is a billionaire oil man who rose to success with only a high school diploma. Raised as a sharecropper’s son, he is now the 35th richest person in America.
Heather Zichal, President Barack Obama’s deputy assistant for energy and climate change, is the daughter of a medical doctor. She was an intern for the Sierra Club while at Rutgers University. After graduating, she soared up Washington’s policy ranks to a top White House position in little over a decade. Keep reading →

 /  Published October 31, 2012 at 1:00 PM

EIA Chief: US Could Reduce Oil Imports to Zero

By


US dependence on imported crude oil is expected to drop to 41% this year, but it could drop even faster, and even to zero, says Adam Sieminski, Administrator of the Energy Information Administration.

EIA’s forecast is a substantial reduction even from 2011, when imports met 45% of US demand, and way below the record year of 2005 when the US imported 60%. Analysts agree that discoveries of new US resources, improvements in US auto fuel economy, and lower overall demand due to the recession have combined to reduce the need for imports. Keep reading →

 /  Published October 23, 2012 at 8:30 AM

US and Canada are Competitors and Collaborators in Energy

By

Prime Minister Stephen Harper (L) of Canada welcomes US President Barack Obama to the G8 Summit at Deerhurst Resort in Huntsville, Ontario, on June 25, 2010.

The recently announced high-profile oil and gas acquisitions by Chinese state-controlled companies highlight the numerous opportunities for the US and Canada to both partner and compete in global energy markets. Keep reading →

 /  Published July 27, 2012 at 11:00 AM

The Risks Of Doing Nothing With US Oil And Gas Reserves

By


Just how quickly domestic US oil and gas plays can begin moving products to market remains a vital question following the Arab Spring, when political changes across the Middle East and North Africa put one third of the world’s oil and natural gas liquids at risk, prompting stockpile releases coordinated by the International Energy Agency.

Planning for new infrastructure spending and other capacity is extremely challenging given the volatile pricing that dependency on a limited number of foreign oil and natural gas sources entails, Frank Verrastro of the Center for Strategic and International Studies says in this video, an edited version of his presentation to the US Association for Energy Economics summit in Washington, DC earlier this year. Keep reading →

 /  Published November 23, 2011 at 6:00 AM
Page 4 of 41234