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Category Archives: Energy

Potential Macroeconomic Impact of Unconventional Oil and Gas Boom in US

The Potential Macroeconomic Impact of the Unconventional Oil and Gas Boom in the United States, Ben Hunt; Dirk Muir; Martin Sommer. May 1. 2015. WP/15/92. This paper uses two of the IMF’s structural macroeconomic models to estimate the potential global impact of the boom in unconventional oil and natural gas in the United States. The results suggest that the impact on the level of U.S. real GDP over roughly the next decade could be significant, but modest, ranging between 1 and 1½ percent. Further, while the impact on the U.S. energy trade balance will be large, most results suggest that its impact on the overall U.S. current account will be negligible. The impact outside of the United States will be modestly positive on average, but most countries dependent on energy exports will be affected adversely.

Study on Pollution: Long-Term Exposure to Fine Particulate Matter

Long-Term Exposure to Fine Particulate Matter, Residential Proximity to Major Roads and Measures of Brain Structure – Elissa H. Wilker, Sarah R. Preis, Alexa S. Beiser, Philip A. Wolf, Rhoda Au, Itai Kloog, Wenyuan Li, Joel Schwartz, Petros Koutrakis, Charles DeCarli, Sudha Seshadri, and Murray A. Mittleman. Stroke, 2015 DOI: 10.1161/STROKEAHA.114.008348 “Background and Purpose—Long-term exposure toContinue Reading

The Chernobyl Story – 29th Anniversary

Andrew Leatherbarrow: “At precisely 01:23:40 on the morning of April 26th, 1986, a control room operator named Alexander Akimov made his fateful decision to press the Emergency Shutdown button at Ukraine’s Chernobyl nuclear power station. The reactor exploded, annihilating its containment building and sending a lethal cloud of radioactive particles across Europe. This unprecedented accidentContinue Reading

International Atomic Energy Agency Lacks Transparency, Observers and Researchers Say

“The nuclear inspection agency that is central to the current Iran negotiations is flunking international transparency norms, according to a report posted today by Freedominfo.org and the National Security Archive’s Nuclear Vault. Key documents about International Atomic Energy Agency (IAEA) proceedings, found in various national archives and private collections but closed at Agency headquarters inContinue Reading

Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling

“On April 20, 2010, the Macondo well blew out, costing the lives of 11 men and beginning a catastrophe that sank the Deepwater Horizon drilling rig and spilled nearly 5 million barrels of crude oil into the Gulf of Mexico. The spill disrupted an entire region’s economy, damaged fisheries and critical habitats, and brought vividlyContinue Reading

EIA report highlights top 100 U.S. oil and natural gas fields

“The top 100 oil fields in the United States accounted for 20.6 billion barrels of crude oil and lease condensate proved reserves, or 56% of the U.S. total in 2013. The top 100 natural gas fields accounted for 239.7 trillion cubic feet of natural gas proved reserves, 68% of the U.S. total. Proved reserves areContinue Reading

Global Financial Stability Report, April 2015

Global Financial Stability Report, April 2015 : Navigating Monetary Policy Challenges and Managing Risks, International Monetary Fund. “The current report finds that, despite an improvement in economic prospects in some key advanced economies, new challenges to global financial stability have arisen. The global financial system is being buffeted by a series of changes, including lowerContinue Reading

Mountaintop Mining: Background on Current Controversies

CRS Report – Mountaintop Mining: Background on Current Controversies. Claudia Copeland, Specialist in Resources and Environmental Policy. April 20, 2015. “Mountaintop removal mining involves removing the top of a mountain in order to recover the coal seams contained there. This practice occurs in six Appalachian states (Kentucky, West Virginia, Virginia, Tennessee, Pennsylvania, and Ohio). ItContinue Reading

USGS – Oil and gas operations could trigger large earthquakes

“Significant strides in science have been made to better understand potential ground shaking from induced earthquakes, which are earthquakes triggered by man-made practices. Earthquake activity has sharply increased since 2009 in the central and eastern United States. The increase has been linked to industrial operations that dispose of wastewater by injecting it into deep wells.Continue Reading

NOAA – Fifty-four early restoration projects underway in Gulf

“We have 54 early restoration projects underway throughout the Gulf, and now you can track our progress quickly and easily using our new interactive map. Go straight to your state using the tabs at the top or use your cursor to navigate around. Each location has a link to more project information that will provideContinue Reading

New GAO Reports – Cybersecurity, Management of Excess Uranium, Homeland Security, Indian Affairs

Cybersecurity: Actions Needed to Address Challenges Facing Federal Systems, GAO-15-573T: Published: Apr 22, 2015. Publicly Released: Apr 22, 2015. Department of Energy: Management of Excess Uranium, GAO-15-475T: Published: Apr 22, 2015. Publicly Released: Apr 22, 2015. Homeland Security Acquisitions: Addressing Gaps in Oversight and Information is Key to Improving Program Outcomes, GAO-15-541T: Published: Apr 22,Continue Reading

The Quadrennial Energy Review

Transforming U.S. Energy Infrastructures in a Time of Rapid Change: The First Installment of the Quadrennial Energy Review “On January 9, 2014, President Obama issued a Presidential Memorandum directing the administration to conduct a Quadrennial Energy Review (QER). As described in the President’s Climate Action Plan,this first-ever review focuses on energy infrastructure and identifies the threats, risks, and opportunitiesContinue Reading