Depending on who you ask, the impending closure of a major Philadelphia refinery will either increase U.S. vulnerability to a terrorist attack on its energy supply, or simply shift demand to other suppliers of petroleum products.
Senior officials from federal energy and homeland security departments debated the loss of U.S. refining capacity with industry representatives and politicians at a field hearing of a Congressional committee outside Philadelphia on Monday. Keep reading →
The looming bottleneck for Canadian oil sands crude isn’t getting into the US, it’s getting out of the Midwest.
A panel of energy experts told the Senate Energy and Natural Resources Committee January 31 in Washington, DC that Canadian oil producers won’t run out of pipeline capacity to ship additional crude across the US border until about 2019. Keep reading →
The US will “dramatically” reduce its oil import dependency between now and 2035, with imports declining from 49% today to 36%, Energy Information Administration Acting Administrator Howard Gruenspecht said Monday in Washington, DC.
In 2005-6, imports reached their record, 60% of US consumption. Keep reading →
Learning to live with less is an increasingly common experience across the US federal government as budget cuts bite, but the hidden costs of those cuts are often poorly understood.
The energy business, like all industrial sectors, lives off of a continual flow of data. Much of that data originates with the federal government, and for energy much of it arises from the activities of the Energy Information Administration. The EIA’s mission, to provide independent and impartial energy information, has become so widely accepted as to be almost invisible to its users. Keep reading →
US production of oil and natural gas liquids from shale rock formations shows promise, but do not mean an end for American exposure to global oil markets.
“We are going to be a net importer for a long time,” Energy Information Administration deputy administrator Howard Gruenspecht told Breaking Energy on the sidelines of the US Association for Energy Economics Conference (USAEE) in Washington, DC this week. Keep reading →
