The closing of the American West just over a century ago was thought to be the end of a long chapter of human exploration that was as inspiring and enriching as it often was destructive and painful. New evidence that the far northern reaches of the globe are becoming increasingly passable and habitable means that… Keep reading →
EOG is bullish about oil this year, but less optimistic about North American natural gas prices, said Board Chairman and former Chief Executive and Mark Papa, speaking during the company’s second-quarter 2013 earnings call. “We consider 2013 to be another in a long string of disappointing years,” said Papa. “We expect gas supply to continue… Keep reading →
The EPA released its finalized 2013 Renewable Fuel Standard yesterday, which laid out modified volumetric requirements for renewable fuels blended into the fuel supply, as well as more flexibility in meeting the standard. This year’s volumetric requirement is unchanged from a previous proposal, at 16.55 billion gallons this year. Of that volume, 1.28 billion gallons must be… Keep reading →
The Atlantic has published a six-video series in an attempt to shed light on how the US produces and uses energy. The written overview pieces are sort of light on the more technical aspects of production and consumption, but one of them links to a really nice infographic over at Grist, which was put together by the… Keep reading →
Wind energy became the largest source of new US electricity generation capacity in the US last year, accounting for well over a third of capacity additions, according to reports released today by the Department of Energy. “Wind energy is now the fastest growing source of power in the United States – representing 43 percent of… Keep reading →
Public opinion is not the only factor policy makers must weigh when charting a course for the US energy sector, but it does play a role. And this can prove difficult when there is a mismatch between what the public favors and how well people understand the costs and challenges of implementing their preferred energy… Keep reading →
During a discussion of the nexus of government and the energy industry at the USAEE/IAEE North American Conference in Anchorage, Alaska last week, Branko Terzic, Executive Director of the Deloitte Center for Energy Solutions, pointed out that the average American does not know the cost of electricity. He suggested that a focus on greater transparency… Keep reading →
By Javier E David One of the biggest contributors to the ongoing decline of the U.S. nuclear industry is booming natural gas development, according to a new study. In a study published in March, the Institute for Energy and Environment identified cost overruns, slowing demand and plunging natgas prices—which this week fell to a five… Keep reading →
A U.S. appeals court has dismissed petitions from Texas, Wyoming, and industry groups against EPA’s greenhouse gas permitting requirements. On July 26, 2013, the U.S. Court of Appeals for the District of Columbia upheld the Environmental Protection Agency’s (EPA) greenhouse gas (GHG) permitting requirements, dismissing a suit from Texas, Wyoming, and industry groups claiming that… Keep reading →
Governments of resource-rich countries commonly fill their coffers via royalties, taxes and other fiscal mechanisms that allow them to benefit from their national endowments. But while a well-designed fiscal regime can benefit both producers and residents, excessive government take can force producers to look elsewhere for returns, stifling investment. When governments establish fiscal terms for… Keep reading →
