Search Results for oil-production
8 item(s) were returned.
Discussion

What Cars Will We Be Driving in 2050?

Author(s): Mark Drajem
Editor
Bloomberg's First Word Energy
Date: February 21, 2017 at 1:30 PM

Over the course of his first weeks in office, President Trump has outlined an America-first energy policy that appears to mean essentially one thing: More U.S. oil production. His policies are decidedly aimed at boosting oil production: green-lighting more drilling on federal lands, building more oil pipelines, and rolling back rules that harm the oil industry. But America First doesn’t necessarily mean a focus on American oil. From a different perspective, the Fuel Freedom Foundation aims to boost the American economy and cut its dependence on OPEC by expanding the fuels available for automobiles. Fuel Freedom, argues for “ending our… [more]

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Drilling Deeper: A Reality Check on U.S. Government Forecasts for a Lasting Tight Oil and Shale Gas Boom

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 6, 2016 at 3:10 PM

Full Title: Drilling Deeper: A Reality Check on U.S. Government Forecasts for a Lasting Tight Oil and Shale Gas Boom Author(s): J. David Hughes Publisher(s): Postcarbon Institute Publication Date: Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): Drilling Deeper reviews the twelve shale plays that account for 82% of the tight oil production and 88% of the shale gas production in the U.S. Department of Energy’s Energy Information Administration (EIA) reference case forecasts through 2040. It utilizes all available production data for the plays analyzed, and assesses historical production, well- and field-decline rates, available drilling locations, and well-quality trends for each play,… [more]

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Should We Use the Strategic Petroleum Reserve as a Revenue Stream?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: December 3, 2015 at 12:00 PM

The U.S. currently maintains one of the world’s largest stockpiles of government owned oil, the Strategic Petroleum Reserve (SPR). In response to the 1970s oil embargo and supply shocks, the U.S. created the SPR to ensure access to oil in the event of a severe energy supply interruption. The current SPR consists of four storage sites, housing 694 million barrels of oil that is equivalent to at least 90 days of net oil imports. The SPR has only been tapped three times, but the recent budget deal provides that the government sell 58 million barrels of oil to fund a… [more]

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Arctic Potential: Realizing the Promise of U.S. Arctic Oil and Gas Resources

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: June 17, 2015 at 10:58 AM

Full Title: Arctic Potential: Realizing the Promise of U.S. Arctic Oil and Gas Resources Author(s): National Petroleum Council Publisher(s): National Petroleum Council Publication Date: 03/2015 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): The Arctic is home to distinct indigenous peoples and provides habitat for large numbers of birds, mammals, and fishes. While some areas of the Arctic, such as the central North Slope of Alaska around Prudhoe Bay, have seen decades of economic activity, much of the region remains largely unaffected by human presence. Today, there is increasing interest in the Arctic for tourist potential, and reductions in summer ice provide an increasing opportunity for marine traffic. At the same time,… [more]

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IEA Response System for Oil Supply Emergencies

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 22, 2015 at 3:23 PM

Full Title: IEA Response System for Oil Supply Emergencies Author(s): International Energy Agency (IEA) Publisher(s): International Energy Agency (IEA) Publication Date: 2012 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): The IEA Response to an Oil Supply Disruption: In the event of an actual or potentially severe oil supply disruption, the IEA Directorate of Energy Markets and Security assesses the market impact and the potential need for an IEA co-ordinated response. This market assessment includes an estimate of the additional production oil producers can bring to the market quickly, based on consultation with producer governments. Based on this assessment, the IEA Executive Director… [more]

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Aligning Federal Policy with America’s Energy Priorities: A Blueprint

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 11, 2013 at 7:00 AM

Last week Senator Lisa Murkowski (R-AK), the senior Republican on the Senate Energy and Natural Resources Committee, published a blueprint for energy policy, titled “Energy 20/20: A Vision for America’s Energy Future.” The blueprint offers ideas to “align federal policy with… our national interest to make energy abundant, affordable, clean, diverse, and secure.” Among the main ideas in Sen. Murkowski’s blueprint are: Establishing a national goal to become independent of OPEC imports by 2020 by increasing domestic oil, biofuel and synthetic fuel production. Approving the Keystone XL pipeline. Opening the Arctic National Wildlife Refuge to oil and gas drilling and… [more]

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The End of Cheap Oil and How It Is Changing Our World

Author(s): Dr. Bruce Dale
University Distinguished Professor
Michigan State University, Dept. of Chemical Engineering
Date: February 7, 2013 at 12:40 PM

The last century can rightly be called the Age of (Inexpensive or ‘Cheap’) Oil as world oil consumption grew from about 20 million tons per year in 1900 to just under 400 million tons per year in 2005. Since 2005, however, world oil consumption has been nearly constant despite high demand and record high oil prices, which indicates that we simply cannot produce oil any faster. And since oil is not renewable, eventually the production (and therefore the consumption) of oil must decline. Declining oil production will be an extremely painful reality for the U.S. because not only does the… [more]

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U.S. to Become Net Energy Exporter

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: November 14, 2012 at 11:24 AM

According to the “World Energy Outlook 2012,” report recently released by the International Energy Agency, the U.S. will overtake Saudi Arabia as the largest global oil producer by 2020, and become a net oil exporter by 2030. The report also predicts that by 2015 the U.S. will surpass Russia as the biggest producer of natural gas. These predicted shifts are driven by the recent increases in U.S. oil and gas production, which were spurred by upstream technology developments like hydraulic fracturing. Fatih Birol, chief economist at IEA, told New York Times, “the agency’s prediction of increasing American self-sufficiency was 55 percent… [more]

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