Search Results for natural-gas
109 item(s) were returned.
Discussion

U.S., Mexico Reach Gulf Drilling Agreement

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 22, 2012 at 8:38 AM

U.S. and Mexican negotiators on February 20th reached a deal – called The Transboundary Agreement – that would regulate oil and gas development along the countries’ maritime border in the Gulf of Mexico. The Agreement would allow each country to oversee the environmental and safety protocols of the other, and could by June open 1.5 million acres of U.S. offshore territory for oil and gas development. The U.S. Interior Department estimates that the area in question “contains as much as 172 million barrels of oil and 300 billion cubic feet of natural gas, relatively modest amounts by the oil-rich gulf’s… [more]

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Obama’s FY2013 Budget Heavy on Energy R&D, Renewables, Efficiency

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 16, 2012 at 8:00 AM

President Obama sent his requested FY2013 budget to Congress Monday, and requested, among other energy-related items, significant increases to energy R&D, renewable energy investments, and energy efficiency programs. From the request: “In light of the tight discretionary spending caps, this increase in funding is significant and a testament to the importance of innovation and clean energy to the country’s economic future.” Among the energy-related budget requests: $27.2 billion to the Department of Energy, a 3.2% hike over FY2012 $5 billion for DOE’s Office of Science $2.3 billion for DOE’s Energy Efficiency and Renewable Energy office – a 29% increase –… [more]

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Coal Companies Shuttering Mines on Low U.S. Demand

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 9, 2012 at 7:59 AM

Alpha Natural Resources, the nation’s third-largest coal producer, has announced that it will “close four mines in Kentucky and West Virginia and idle two more over the next 12 months.” [E&E ClimateWire (sub. req.)] 152 Alpha employees will lose their jobs, while another 182 will be offered reassignment. The coal industry has been challenged recently by low natural gas prices and new federal clean air regulations. These factors have compelled some electric utilities to close their coal-fired power plants, or to switch them to natural gas or other, cleaner coal sources. Utilities such as FirstEnergy, Duke Energy, and American Electric… [more]

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U.S. Approaching Energy Self-Sufficiency?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 8, 2012 at 8:51 AM

According to data collected and reported by Bloomberg News, the “U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency”. In the first 10 months of 2011, 81% of U.S. energy demand was met by domestic sources, up from a record low of 70% in 2005. If the 2011 numbers are accurate, this would be the highest proportion of U.S. energy demand met by domestic sources since 1992. This upward trend in energy self-sufficiency is due in large part to increased oil and natural gas development, and low natural gas prices. “Domestic oil output is… [more]

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Oil and Gas Bills Advance to House

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 3, 2012 at 8:43 AM

Three House bills that would greatly expand U.S. oil and gas development – H.R. 3407, H.R. 3408, and H.R. 3410 – were approved by the Natural Resources Committee on February 1, 2012. H.R. 3407 would open up vast areas of Alaska’s coastal plain to oil leasing. H.R. 3408 would expand shale oil development in several Western states. Many Democrats opposed the bill, arguing that the environmental, social, and geologic risks of shale oil development are not yet well understood. The committee voted down a Democratic amendment that would have required the USGS to study oil shale development impacts on water… [more]

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Natural Gas Estimates Greatly Reduced

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 1, 2012 at 8:03 AM

The Energy Information Administration (EIA) has lowered its estimates of U.S. natural gas resources. The EIA’s 2012 estimate for total U.S. natural gas is 482 trillion cubic feet, down more than 40% from its 2011 estimate of 827 tcf. [New York Times] Because of increased gas production throughout the U.S., EIA had more data available in making its 2012 estimates. For example, with additional data from increased production throughout the Marcellus shale – a geological formation stretching beneath West Virginia, Pennsylvania, Ohio and New York – EIA adjusted its estimates for the Marcellus to 141 tcf, down nearly 66% from… [more]

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Balancing the Benefits and Costs of Natural Gas

Author(s): Melanie A. Kenderdine
Principal
Energy Futures Initiative
Date: January 26, 2012 at 8:19 AM

Modeling results in the MIT Future of Natural Gas Study released in June of last year suggested that the US could make major progress in the next two decades towards achieving a 50% reduction in CO2 emissions by 2050 – a real reduction, no offsets or other creative and questionable mechanisms –largely through two actions: reduced energy consumption, and switching from coal to natural gas in power generation. The study also concluded that simply by utilizing surplus Natural Gas Combined Cycle capacity from existing units in lieu of coal generation, the US could achieve a 20% reduction in CO2 emissions… [more]

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Renewable Energy Finance

Author(s): Elias Hinckley
Partner
KL Gates
Date: January 25, 2012 at 10:08 AM

In the State of the Union President Obama renewed his commitment to the widespread adoption of renewable power as a critical piece of America’s energy and economic future.  In last year’s speech he included a proposal to have 80 percent of US electricity come from renewables by 2035. Even making incremental steps towards these goals requires better access to financing for these renewable energy projects.  Energy projects, and particularly renewable energy projects, require a lot of money to build. There appear to be 3 key challenges for a renewable energy company to access capital in today’s market. (1) Low natural… [more]

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The High Cost of Clean Energy Standards without Efficiency

Author(s): Marilyn Brown
Professor of Public Policy
Georgia Institute of Technology
Date: January 17, 2012 at 8:22 AM

In his 2011 State of the Union address, President Obama proposed a Clean Energy Standard (CES) requiring that 80 percent of the nation’s electricity come from clean energy resources by 2035. Over the past decade, Congress has debated renewable electricity standards, typically allowing energy efficiency to meet a portion of the target. For example, in 2009, an RES was included in the American Clean Energy Leadership Act of 2009, requiring 15% renewables by 2021, and 27% of this target could be met by energy efficiency. What happened to energy efficiency in the President’s proposal? A well-designed CES policy would enable… [more]

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Natural Gas and Hydrofracking

Author(s): David J. Manning
Director, Stakeholder Relations/External Affairs
Brookhaven National Laboratory
Date: January 6, 2012 at 8:45 AM

Hydrofracking for natural gas in shale formations has generated a heated national debate, complicating and in some cases preventing efforts to extract the resource. Critics of hydrofracking cite the process’ uncertain environmental and geologic risks. Meanwhile, natural gas developers and policymakers have been working to identify and implement technical standards and best practices to overcome or reduce these risks to negligible levels. In my home state of New York, Governor Andrew Cuomo has said of hydrofracking: “Let’s get the facts. Let the science and the facts make the determination, not emotion and not politics.” I agree. State of the art… [more]

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