By now we’ve all seen the headlines: “Oil crashes below $27 a barrel,” “Oil prices likely to remain low 3-5 years” and “U.S. oil bankruptcies spike 379%.”
Domestic Production
The Oil And Natural Gas Industry: The Impacts And Uncertainty Continue
By W. Eric Gadd | Spilman Thomas & Battle, PLLCSign up and get Breaking Energy news in your inbox.
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By Rick Kessler | LEVICK Energy
Those in the energy business might want to steer clear of the news these days – and not because environmental problems and liberal opposition are continuing to cause their normal heartaches for the industry. From the New York Times to the Financial Times and every outlet in between, the headlines are dire. “Falling Oil Price Raises Questions… Keep reading →
On Monday, the U.S. Energy Information Administration (EIA) released a remarkable new projection showing that given certain conditions and with the right policies in place the United States could reach energy self-sufficiency within two decades. It’s the first time EIA has projected that net imports’ share of liquid fuels consumption could reach zero – basically, that domestic production would… Keep reading →
The outlook for U.S. energy from shale and other tight-rock formations just keeps improving. Two new assessments underscore this. First, a panel hosted this week by CSIS revisited the National Petroleum Council (NPC) report on U.S. unconventional natural gas issued in 2011 and concluded that new discoveries and technologies paint an even brighter picture than NPC did… Keep reading →
New Steps to Strengthen the Nation’s Energy Infrastructure
By US Department of Energy
Editor’s note: This article originally appeared on the White House blog. Today, President Obama signed a memorandum establishing the federal government’s first Quadrennial Energy Review (QER) process, fulfilling an important commitment from his Climate Action Plan and ensuring that federal energy policies continue to meet the nation’s economic, environmental and security goals. Over the next four years, the QER will provide a… Keep reading →
