Breaking Energy This Week

on May 24, 2013 at 5:00 PM

Better with Bakken

In case you missed them, here are some highlights from Breaking Energy this week.

Breaking Energy’s own intrepid editor, Jared Anderson, discovered that operators of the Phillips 66 Bayway Refinery prefer Bakken to bacon (see incontrovertible proof above).

The US Department of Energy finally gave the green light for non-FTA exports to a second plant – Freeport LNG – which generated a range of responses, boosted domestic natural gas prices, and raised questions about who stands to reap the benefits.

Ernest Moniz gave his first speech as US Energy Secretary, emphasizing the need for greater energy efficiency. He probably managed to anger/delight pretty much all of America in his first few days in office by saying both that climate change is not in dispute, and that the natural gas boom is a good thing.

Michael Levi weighed in on climate change, saying that oil and gas scarcity is not going to solve the problem. Former Shell executive John Hofmeister also seems confident that the US has plenty of oil and gas, and is calling for a larger-scale transition to the latter in the US transportation sector.

Alaska’s governor wants to open up the Arctic National Wildlife Refuge for exploration. It seems like there’s a lot of oil there, but that’s based on limited information, and opening up an environmentally sensitive area to oil and gas activity could be ‘political suicide’ for President Obama.

And German beer brewers are afraid that hydraulic fracturing will contaminate the pure water they need to maintain one of the country’s proudest traditions.