Search Results for economy
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Expert Insight

Coronavirus Pandemic Highlights Need to Address Mineral Security

Author(s): Senator Lisa Murkowski (R – AK)
United States Senator, State of Alaska
Chairman, Senate Energy and Natural Resources Committee
Date: May 11, 2020 at 11:09 AM

    Preface from OurEnergyPolicy In the time since our November 2019 critical minerals discussion, COVID-19 has decimated global supply chains. Factory shutdowns in China, which accounts for 40–50% of the global wind power supply chain, have caused supply shortages of wind turbine components and massive financial losses, threatening current U.S. projects. China’s outsized market share is also affecting the solar market, although some analysts say a U.S. tariff on imported solar panels may have blunted the impact. “If coronavirus has shown us anything, it’s that we are far too reliant on China and other countries for key minerals like… [more]

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The Keystone Pipeline Controversy: What’s Really At Stake?

Author(s): David J. Manning
Director, Stakeholder Relations/External Affairs
Brookhaven National Laboratory
Date: September 5, 2013 at 7:05 AM

Keystone XL has been called the world’s best known pipeline that has not been built. Controversy over the pipeline itself has largely subsided but this project linking the oil sands of Northern Alberta to the large refineries of the Gulf Coast has become a rallying point for an “off oil” campaign. A presidential permit for import facilities is the sole remaining requirement before construction can begin. KXL would be the 82nd major pipeline in the US, and is the safest and most technologically advanced. It would provide diluted bitumen from Alberta’s oil sands and Bakken crude from Montana and North Dakota to… [more]

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Expert Insight

Panel Discussion Word of the Day: Opportunity

Author(s): OurEnergyPolicy.org

Date: December 14, 2012 at 2:31 PM

Update: See a video recording of the event here OurEneryPolicy.org’s high-level panel discussion, moderated by Chief National Correspondent for the Fox News Channel Jim Angle, and featuring James Connaughton, General James L. Jones, and Timothy Wirth, had an overall tone of optimism for energy policy for next four years and beyond. Here are some event highlights: The panelists saw hydraulic fracturing as presenting an economic, energy security, and emissions reduction opportunity, but agreed that smaller “mom and pop” operations engaging in substandard industry practices could turn public opinion against fracking. However, there is an opportunity for industry leaders, such as… [more]

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Economic Impacts of Another Drop In Natural Gas Prices

Author(s): OurEnergyPolicy.org

Date: December 12, 2012 at 9:47 AM

Last year, significant growth in natural gas production combined with low demand – due to a warm winter – caused natural gas prices to plummet below US$2 per thousand cubic feet. This benefited consumers, but forced some energy companies to abandon gas drilling programs and put significant pressure on their budgets, most notably Chesapeake Energy Corp.  The decade-low prices also facilitated a transition in electric power generators from coal to gas, and in some cases nuclear to gas. However, according to EnergyWire, some analysts, like James Sullivan of Alembic Global Advisors, believe that this short-term electricity fuel transition has maxed… [more]

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Global Oil Crisis Simulation at the Herzliya Conference

Author(s): OurEnergyPolicy.org

Date: September 27, 2012 at 8:00 AM

With oil playing such an important role in transportation, energy, and manufacturing worldwide, supply disruptions pose a serious threat to the global economy and political stability. Earlier this year, the Herzliya Conference convened a group of experts and practitioners from a range of specialties around the world to participate in a war-game that examined a possible oil-shortage scenario:  a global oil crisis initiated by a terrorist attack on the Saudi Arabian Abqaiq oil facility. Under the conditions of the simulation six million barrels of oil per day were removed from global markets, resulting in a shortage of millions of barrels… [more]

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Expert Insight

The Goals of Energy Policy: a Report from Sandia & OurEnergyPolicy.org

Author(s): OurEnergyPolicy.org

Date: September 12, 2012 at 7:59 AM

According to a national survey of energy professionals jointly prepared by Sandia National Laboratories and OurEnergyPolicy.org, U.S. energy policy should simultaneously pursue energy supply security, economic outcomes, and minimized environmental impacts. Contemporary political discourse often poses energy policymaking as a binary decision—the economy versus the environment, for example. Public opinion polls frequently support this conception, posing energy policymaking options as a zero-sum game between two opposed goals. However, does this tension in the discourse accurately reflect how policy is made? Do energy professionals — people working on energy issues daily — view U.S. energy policy in this way? How might professional insights… [more]

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Expert Insight

Can We Get It Right on Gas?

Author(s): OurEnergyPolicy.org

Date: August 7, 2012 at 7:56 AM

In an August 5th op-ed, the New York Times’ Thomas Friedman urges America to “Get It Right On Gas.” While noting domestic natural gas development’s potential to address a host of energy policy issues – the trade imbalance and job creation, greenhouse gas emissions, and energy security – Friedman quotes Energy Innovation’s Hal Harvey in asking if natural gas offers “a transition to a clean energy future, or does it defer a clean energy future?” “A sustained [natural] gas glut could undermine new investments in wind, solar, nuclear and energy efficiency systems – which have zero emissions – and thus… [more]

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Expert Insight

House Pushing Offshore Drilling

Author(s): OurEnergyPolicy.org

Date: July 24, 2012 at 8:04 AM

House leadership is planning a vote this week on a bill to expand leasing for offshore drilling, the “Congressional Replacement of President Obama’s Energy-Restricting and Job-Limiting Offshore Drilling Plan” (H.R. 6082). As E&E News reports, the bill would “expand future offshore leasing to almost all of the Atlantic Ocean, the southern Pacific and Alaska’s Bristol Bay, all areas that were excluded from Interior’s final five-year leasing plan.”  The bill would also double the number of sales in the Department of Interior’s plan and accelerate by three years sales Interior plans in Alaska’s Chukchi and Beaufort seas. Some have criticized the… [more]

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Tariffs Doing Little to Protect U.S. Solar

Author(s): OurEnergyPolicy.org

Date: July 23, 2012 at 7:00 AM

Earlier this year the U.S. imposed tariffs on Chinese solar products after the U.S. Commerce Department deemed that China provided Chinese solar panel manufacturers unfair subsidies, resulting in artificially low prices. These low prices, it was argued, made it difficult for more expensive American solar products to compete in global and domestic markets. At the time, opponents of the tariffs argued that the move would increase prices, eliminate jobs and threaten the U.S. solar industry. Recent analysis shows solar prices continue to fall even though Chinese manufacturers, eager to stay in the U.S. market, are buying more expensive components outside… [more]

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Expert Insight

Does Energy Independence = Energy Security?

Author(s): OurEnergyPolicy.org

Date: July 2, 2012 at 7:35 AM

Recent increases in U.S. natural gas and oil production – increases dramatic enough to drive speculation about and calls for U.S. exports of these resources – have brought the prospect of an energy self-sufficient U.S. into sight, while geopolitical and market volatility around the globe continue to make energy independence an attractive policy goal. However, the question remains: Would U.S. energy independence necessarily mean U.S. energy security? According to a report from Securing America’s Future Energy, The New American Oil Boom: Implications for Energy Security, “energy security,” defined as our economy’s ability to withstand shocks to energy supply, is too… [more]

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