The intragency panel price per ton of carbon incorporated into the Environmental Protection Agency’s microwave rule seems to set the standard, or at least the starting point, for the federal government’s estimate of the social cost of carbon. Benjamin Zycher, visiting scholar at the conservative American Enterprise Institute, has argued that that cost “fails”. Zycher hosted… Keep reading →
Devon has agreed to pay GeoSouthern Energy $6 billion for assets in the Eagle Ford shale that currently produce 53,000 barrels per day of oil equivalent and hold recoverable resources of 400 million boe, most of that proved reserves. [Devon] Oil and gas producer Cabot will pay a $975,000 civil penalty and spend an estimated… Keep reading →
United States law prohibits exports of crude oil and condensate except under certain conditions, while exports of refined products and natural gas are far less restricted. While these laws had little impact when the country was in a position of oil and gas scarcity, the country’s newfound energy abundance has rendered some of them obsolete,… Keep reading →
In the debate over hydraulic fracturing – as in most debates – the most extreme views do not offer the most viable solutions. But while the oil and gas industry has, by and large, acknowledged that there are risks associated with fracking that must be managed, there are still many in the anti-fracking camp who… Keep reading →
Tesla and Edison are one of energy history’s great duos. Both have granted their names and legacies to companies and entire fields of study, employment and business. But unlike some more distant figures of the past, people are still arguing about which was more important and which more inventive. At a time when innovation is… Keep reading →
Half empty in the West, half full in a handful of centrally planned economies Nuclear power’s prospects appears to be doomed in the West where markets and private investors tend to make the decisions and assume the risks, that is, if they can get the public’s support and regulator’s approval. In other parts of the… Keep reading →
The US power sector has plenty of lucrative job opportunities and not enough people to fill them. Access to skilled labor is of critical importance to all facets of the energy industry. And the power sector is facing two major challenges: an aging workforce and a dwindling number of students enrolling in electrical engineering programs.… Keep reading →
Petroleum geologist, with a median salary of $183,000, ranked #6 on a CNN-Payscale list of the country’s top 100 jobs. Also on the list were reservoir engineer (10), petroleum engineer (25), geophysicist (55) and other energy-specific titles. Apparently the financial side of the business is less fun…energy analyst came in at #100. Energy blogger didn’t make… Keep reading →
EPA encourages contingency plans as Southwest, Lower Mississippi Basin, and Florida appear to be on unsustainable water use trajectories. EPA has issued a new report on the Importance of Water to the U.S. Economy with the aim of (1) raising awareness of water’s importance to U.S. economic welfare and (2) assembling critical information to sustainably… Keep reading →
A defining moment in the ongoing shift in the US’ energy landscape occurred in April 2012, when natural gas accounted for as big a share of electricity generation as coal for the first time since the Energy Information Administration began collecting that data. Abundant, cheap natural gas had edged a good deal of coal out… Keep reading →
