Who Will Rule the Oil Market? The New York Times (Daniel Yergin): A historic change of roles is at the heart of the clamor and turmoil over the collapse of oil prices, which have plummeted by 50 percent since September. For decades, Saudi Arabia, backed by the Persian Gulf emirates, was described as the “swing producer.” With… Keep reading →
Methane emissions from oil and gas production have become a serious issue for regulators concerned about greenhouse gasses, as well as for oil and gas producers who see lots of money going up in flames as gas flares and vents. But technology innovators are finding ways to capture the wasted natural gas and profitably use… Keep reading →
Alaska’s Arctic National Wildlife Refuge regained national attention over the weekend when the Obama administration announced plans to prevent oil and gas drilling along the coastal plain, which is expected to contain considerable hydrocarbon resources. Senator Lisa Murkowski and state officials vehemently oppose the action and are digging in for a fight. Murkowski, Gov. Bill… Keep reading →
When supplies of dry US natural gas swelled several years ago as companies honed their shale resource development skills, gas prices dramatically declined hitting a low of about $2 per million BTU. This caused natural gas producers to shift drilling operations into more liquids-rich areas and adjust their production more toward oil, which fetched higher… Keep reading →
Gasoline prices have been falling steadily for months. Now a gallon may be purchased for substantially less than three dollars in many regions of the country. That’s welcome news for consumers, but environmentalists, regulators and first responders have been asking whether there are risks associated with this happy development that may not be obvious and which should be addressed.
In a State of the Union address that mostly skimmed over energy issues – remarkable, given the generational opportunities stemming from America’s ongoing energy revolution – President Obama still underscored the yawning disconnect between his all-of-the-above energy rhetoric and his administration’s failure to put that rhetoric into action. Talking about the need for infrastructure investment,… Keep reading →
This Summer, the EPA will propose rules to more widely require REC technologies to reduce methane emissions from oil and gas wells 40-45 percent by 2025. EPA Regulations Could Add Costs to Constrained Industry On January 14, 2015, the Environmental Protection Agency (EPA) outlined measures to reduce methane emissions and volatile organic compounds (VOCs) in… Keep reading →
This is the latest installment in our Energy Startup Series that gives executives at cutting-edge energy firms an opportunity to share insights and experiences about the energy industry, their careers and their companies. Bill Charneski is president of OriginOil’s oil & gas division, where he has successfully led the deployment of the company’s proprietary Electro Water… Keep reading →
Oil Output Seen Rising, despite fall in Its Price NY Times: Even with oil prices continuing to plummet and oil companies decommissioning drilling rigs every day, the Energy Department on Tuesday projected that domestic crude production would continue to rise in 2015, although growth would slow. The forecast of even more American supplies on an… Keep reading →
In the wake of the U.S. House of Representatives’ passage of legislation to approve the long-stalled Keystone XL pipeline, the Senate now stands poised to take up the measure beginning this week, opening the door to other key energy issues. Legislation similar to the House-passed measure was recently approved by the Senate Energy & Natural Resources Committee and has the necessary support to avoid a filibuster. The Keystone legislation has drawn a veto threat from the President; however, a number of Democrats are expected to support the measure, so a veto-proof majority is at least possible on the bill.
