A new documentary called Pump seeking to promote alternative fuels in the US takes aim at the existing downstream oil products complex and suggests change is afoot. The movie is due out in September and today Submarine Deluxe, in association with Fuel Freedom Foundation and iDeal Film Partners released the trailer that can be viewed… Keep reading →
LNG
Energy Quote of the Day: ‘There’s Been a Monopoly on the Fuel System in this Country’
By Jared AndersonSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: ‘Social Cost of Carbon’ Blocks Coal Mine and Asian LNG Market Could Face Saturation
By Jared AndersonA Colorado federal judge ruled that regulators failed to consider the “social cost of carbon” associated with a coal development project proposed by Arch Coal. The project’s future economic benefits were estimated as part of the project review process, but failing to estimate potential negative environmental impacts caused from burning coal left the reviewers remiss… Keep reading →
Energy News Roundup: Could Carbon Tax Help KXL Approval? Underground Coal Gasification & US LNG Export Bill
By Jared AndersonCanada needs to “get its house in order” regarding carbon emissions, according to Liberal Party leader Justin Trudeau. If Canada shows it’s serious about dealing with climate change by putting a price on carbon at the national level – Alberta has a carbon tax structure – then it would be easier for the Obama administration… Keep reading →
If history is any guide, the Russian energy firm Gazprom’s recent decision to cut off gas to Ukraine will stoke the already raging debate over whether the Department of Energy (DoE) should allow increased natural gas exports from the United States. Stakeholders have raised myriad economic and environmental concerns they believe should guide DoE’s decision.… Keep reading →
While the domestic economic impacts associated with exporting US crude oil continue to be debated, other parts of the world analyze various ways in which increased US oil and gas exports could impact global, regional and local economies. Experts discussed this issue this morning in New York at the 37th annual International Association for Energy… Keep reading →
More data from the U.S. Energy Information Administration (EIA), pointing toward American energy self-sufficiency: The agency reports domestic energy production accounted for 84 percent of total U.S. energy demand in 2013, a ratio last seen in the early 1990s. EIA: The portion of U.S. energy consumption supplied by domestic production has been increasing since 2005, when it was… Keep reading →
A Proposed Change to the Energy Department’s LNG Export Decision-Making Procedures
By Christopher A. Smith, US Department of EnergyThe development of U.S. natural gas resources is having a transformative impact on the U.S. energy landscape, helping to improve our energy security while spurring economic development and job creation around the country. The Administration continues to take steps to ensure the safe and environmentally sustainable supply of natural gas. The Natural Gas Act directs the Department… Keep reading →
As the EPA’s long-awaited rule to control emissions from existing power plants draws near – the official announcement is expected Monday – stakeholders and lobbyists on both sides of the debate are sharpening their swords. The issue has also taken on considerable political significance ahead of the November elections. Fossil fuel interests are releasing estimates… Keep reading →
Australian Company’s Exit Reflects Israel’s Natural Gas Challenges
By Simon HendersonWoodside’s decision shows how Israel will need to cement its foreign partnerships, investments, and export routes in order to take full advantage of its growing gas surplus. On May 20, Woodside Petroleum, Australia’s second biggest oil and natural gas producer, announced that it was ending its longstanding bid to acquire a stake in Israel’s Leviathan… Keep reading →
Energy News Roundup: As Dust Settles on Russia-China Gas Deal, Important Questions Remain
By Jared AndersonAfter some initially-confused western reporting, it’s now clear Russia’s Gazprom finally did close a long-term natural gas deal with Chinese national oil company CNPC. However, there is still wide speculation about the agreed price – a sticking point that held up the deal’s closure for a decade – and equally if not more importantly, questions… Keep reading →