Yesterday, we took a look at the effects of the U.S. energy revolution on domestic oil production and the impact of that production on U.S. oil imports – and the resulting progress for America in terms of increased economic and consumer benefits and energy security. We argued that Obama administration policies risk retreating from progress that’s the… Keep reading →
The EPA has halted all field investigations following an accident that lead to the release of more than three million gallons of toxic waste in Colorado on Wednesday. [The NY Times] LNG bulk shipments to Hawaii deserves consideration, but only in accordance with the state’s renewable energy agenda, the head of the state’s Energy Office… Keep reading →
On July 22, 2015, Senate Energy and Natural Resources Committee Chairwoman Lisa Murkowski (R-AK) and Ranking Member Maria Cantwell (D-WA) introduced the Energy Policy Modernization Act of 2015, the first major energy legislation since 2007. The bill focuses on areas of agreement and avoids controversial issues such as lifting the ban on crude oil exports… Keep reading →
The Securities and Exchange Commission announced today that it is bringing civil charges of fraud against Miller Energy Resources Inc. [Knoxville News Sentinel] Qatar continues to develop as an LNG giant, producing around a third of all liquefied natural gas, despite Australian and the United States export ambitions. [The NY Times] Duke Energy has reported… Keep reading →
President Anastasiades will likely use this week’s summit to build momentum toward the development of offshore gas reserves, with Iran and other issues making the agenda well. On July 28, Israeli prime minister Binyamin Netanyahu will visit Cyprus for discussions concentrating on natural gas, among other key topics such as Iran, counterterrorism, and the Palestinian… Keep reading →
WASHINGTON – The Energy Department has announced that it has issued a final authorization for Sabine Pass Liquefaction, LLC’s Expansion Project (Sabine Pass) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The Sabine Pass LNG Terminal in Cameron Parish, Louisiana… Keep reading →
Lower oil and natural gas prices have yet to find a floor since plunging last year. Oil prices, both global bench mark ICE-traded Brent and New York Mercantile Exchange traded West Teas Intermediate (WTI) crude prices have plunged by around 40 percent since this time last year amid decreased global oil demand and a supply… Keep reading →
Shale-Oil Producers Ready to Raise Production Wall Street Journal: After slashing production for months, U.S. shale-oil companies say they are ready to bring rigs back into service, setting up the first big test of their ability to quickly react to rising crude prices. Last week, EOG Resources Inc. EOG, -0.08% said it would ramp up… Keep reading →
A staggering C$1.149 billion ($958 million) – that’s how much money developers had offered the Lax Kw’alaams Band, a First Nation community of 3,600 on British Columbia’s northwest coast, for clearance to build a liquefied natural gas terminal in their territory. They said no. “Hopefully, the public will recognize that unanimous consensus in communities (and… Keep reading →
Opinion: Approving Energy Exports Would Unlock Huge Economic Growth
By Margo ThorningThe Department of Energy recently approved an application from Alaska LNG to export natural gas. But there’s a catch: these exports can only go to nations where the United States has a free-trade agreement in place. Never mind the fact that the top markets for LNG are India, China, and Japan, where we don’t have… Keep reading →