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We’ve written quite a bit recently about EPA’s proposal to impose stricter ozone standards on the U.S. (see here, here and here) – and the reason is there’s so much at stake. If implemented, the stricter ozone standards could be the costliest regulation ever, potentially reducing U.S. GDP by $270 billion per year and $3.4… Keep reading →
Last summer we posted on the Bureau of Ocean Energy Management’s gentle pushback against various voices that objected to BOEM’s decision to allow safe, carefully regulated seismic testing to map offshore energy reserves in the Atlantic. The pushback apparently prompted some pushback, because last month BOEM reasserted the facts on safe seismic in its online… Keep reading →
The energy industry is a seemingly nonstop engine (or drill) of innovation, extracting oil and natural gas in specific locations – and by all manner of ways – once deemed impossible. But these advances below ground, no doubt a triumph of engineering and technology, may soon pale before the strides above ground: The aerial mastery of the… Keep reading →
If there is one thing the energy industry can do to better itself, as winter approaches and storms rage along the California coast, and freezing temperatures hit the Gulf regions of Texas and Louisiana, and the ground hardens in the Midwest, it is this: Inspect and test, to ensure the safety of all exposed equipment.… Keep reading →
Responsible Fracking and Successful Operations: Enabling the Energy Industry to Keep Its Machinery RunningBy Brian Robson
Hydraulic fracturing, or “fracking,” is a dynamic source of power – for oil and gas development, job creation and domestic energy independence. Its reach goes far beyond any physical depths in which advanced machinery and innovative means of extraction penetrate thick layers of rock. Its proliferation is a matter of fact, which depends on sophisticated… Keep reading →
Industry’s commitment to enhancing the safety to offshore energy development in the four years since the Macondo incident was reflected in a half-day program on prevention and response sponsored by the Center for Offshore Safety (COS) at last week’s Offshore Technology Conference (OTC) in Houston. The COS hosted two panel discussions – one focused on developing effective safety systems,… Keep reading →
After a handful of false starts and accidents, Shell’s multi-billion dollar bet on offshore Alaskan oil and gas exploration was put on hold for 2014. And now a Coast Guard report claims the oil major prioritized financial interests over safety with its fateful decision to tow a drilling rig to Seattle for repairs on New Year’s… Keep reading →
The Arctic – a cohesive region located north of the Arctic Circle – falls under the separate jurisdiction of eight countries with a population of about 4.2 million people and an annual economy of about US$230 billion. Interestingly, the World Economic Forum’s Global Agenda Council on the Arctic draws a nice comparison to “emerging markets”… Keep reading →