Search Results for natural-gas
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Obama Orders Coordination on Natural Gas

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 17, 2012 at 10:32 AM

Last week President Obama signed an executive order to coordinate the Administration’s activities on natural gas development. The order will convene the Interagency Working Group to Support Safe and Responsible Development of Unconventional Domestic Natural Gas Resources, and will bring together at least 13 federal agencies. The working group will coordinate interagency policy, work to share scientific, environmental, technical and economic information, and engage in long term planning with regards to research, natural resource assessment, and the development of infrastructure. The order states that “States are the primary regulators of onshore oil and gas activities,” but that “the Federal Government… [more]

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CitiGroup: North American Oil Could Boom

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 5, 2012 at 7:40 AM

A Citigroup analysis of North American oil production  suggests that the continent could become the “new Middle East.” The report, ENERGY 2020: North America, the New Middle East?, projects increased oil production as having significant effects throughout North American economies, with an increase in the United States’ real GDP of 2.0 to 3.3% from new production, reduced consumption, and associated activity. The report points out that “the main obstacles to developing a North American oil surplus are political rather than geological or technological.” In response to the growth in shale development, state and federal governments are crafting regulations to address… [more]

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Lomborg: Wind Energy “A Very Poor Choice”

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 4, 2012 at 7:47 AM

A recent op-ed by noted academic Bjorn Lomborg questions the idea that renewable energy – wind, in particular – is up to the task of mitigating climate change. Renewables are not cost-competitive with traditional energy sources, he argues; and because renewables are intermittent and must be backed-up by base-load or peaker power plants, their true costs per kWh is often understated and their CO2 reduction potential overstated. Much of Lomborg’s argument focuses on the UK’s plan for a 20% reduction in CO2 by 2020 that, according to the op-ed, would require that wind account for 31% of the country’s electricity… [more]

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Impact of EPA’s Proposed Greenhouse Gas Rules

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 29, 2012 at 7:56 AM

On March 27, 2012 the Environmental Protection Agency, under the authority of the Clean Air Act, released proposed greenhouse gas standards for newly constructed power plants. The rules would require that “new fossil‐fuel‐fired power plants meet an output‐based standard of 1,000 pounds of CO2 per megawatt‐hour (lb CO2/MWh gross).” Combined-cycle natural gas plants should be able to meet this requirement, and coal- or petroleum coke-fired plants would be able to with emerging technologies such as carbon capture and storage. The proposed rules elicited varied response from advocacy groups, many of which were highlighted in this Los Angeles Times article. Environmental… [more]

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Focus on Methanol

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 28, 2012 at 7:43 AM

At the Methanol Policy Forum – held March 27, 2012 in Washington, DC – energy industry and policy experts convened to discuss the fuel’s potential as a transportation fuel. The Forum’s opening remarks were made by DOE Assistant Secretary David Sandalow, who offered that methanol offered advantages as a transportation fuel but also brings along some challenges. Among the advantages: “First, and perhaps most important, methanol is inexpensive to produce. At today’s low natural gas and high oil prices, methanol could help reduce fuel costs consumers pay at the pump. “Second, methanol is a liquid at room temperature. It doesn’t… [more]

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Is Carbon Capture A Viable Option?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 27, 2012 at 7:19 AM

In a study of U.S. carbon capture and storage (CCS) potential published in the Proceedings of the National Academies of Science, researchers at the Massachusetts Institute of Technology found “that the United States can store enough CO2 to stabilize emissions at their current rate for over a hundred years. This result suggests that with a favorable political and economic framework, carbon capture and storage can be a viable climate change mitigation option in this country for the next century.” The video below explains their findings:  

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CRS: Limited Short-Term Options on Gas Prices

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 20, 2012 at 8:10 AM

A recent Congressional Research Service report titled “Rising Gasoline Prices 2012” states that Congress has “limited short term options … to address gasoline prices.” The report identifies six short-run policy options – a Strategic Petroleum Reserve release, a gasoline tax holiday, relaxed fuel specifications, limits on refined gasoline exports, limits on commodities speculation, and diplomatic measures – and concludes that it is unclear “what the price impact of these short term options would be” and that they would involve policy tradeoffs which may include “national security, fiscal, and health priorities.” The report briefly addresses longer-term policy options, i.e. “measures that… [more]

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CBO: Recent Growth in Subsidies for Renewables, Efficiency

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 15, 2012 at 8:12 AM

A recent report from the Congressional Budget Office found that in 2011 federal support for fuel and energy technology development and production was $24 billion. Of this, $20.5 billion, or 85%, was in the form of “tax preferences—such as special deductions, special tax rates, tax credits, and grants in lieu of tax credits”; the remainder was made up by the Department of Energy’s spending programs. Of the total $24 billion provided in 2011, about $16 billion, or 78%, went toward support of renewables, energy efficiency, and alternative vehicles.   According to the report, historically energy-related tax preference support was “primarily… [more]

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Clean Energy Standard Act of 2012 Introduced

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 2, 2012 at 8:00 AM

Senate Energy & Natural Resources Chairman Jeff Bingaman (D-NM) has introduced the Clean Energy Standard Act of 2012, which would require electric utilities to derive increasing percentages of their supply mix from low-CO2 sources. The bill would take effect in 2015, and would require that by 2035 84% of power from large utilities come from low-CO2 sources. Sources eligible under the legislation include: renewables, such as wind and solar, “qualified” renewable biomass and waste-to-energy, hydropower, natural gas, and nuclear. Facilities with CO2 capture and storage, and some combined heat and power facilities, are also eligible. The bill establishes a market-based… [more]

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Obama: No ‘Silver Bullet’ for Gas Prices

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 27, 2012 at 8:08 AM

Addressing high gasoline prices at a February 23 speech in Miami, President Obama made a case for continued investment in fuel economy and alternative fuel sources like algal biofuels and natural gas. The U.S. cannot drill its way out of high gas prices, he said, adding that anybody who says otherwise “doesn’t know what they’re talking about or just isn’t telling you the truth.” [Fox News] “It’s the easiest thing in the world to make phony election-year promises about lower gas prices,” Obama said. “What’s harder is to make a serious, sustained commitment to tackle a problem that may not… [more]

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