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Category Archives: Energy

Pennsylvania’s natural gas production has more than quadrupled since 2009

EIA QUICK FACTS “Pennsylvania was the fourth largest coal-producing state in the nation in 2012, and the only state producing anthracite coal, which has a higher heat value than other kinds of coal. Pennsylvania’s annual gross natural gas production, primarily from the Marcellus Shale, exceeded 2 trillion cubic feet in 2012, a 72% increase overContinue Reading

What Do Banks Do with All that “Fracking” Money?

Federal Reserve Bank of New York, Matthew Plosser: “Banks play a crucial role in the economy by channeling funds from savers to borrowers. The ability of banks to accomplish this intermediation has become an important element in understanding the causes and consequences of business cycles. In a recent staff report, I investigate how a positive depositContinue Reading

A User’s Guide to the Shale Gas Drilling Boom

Smith, James L., The Option to Hold a Petroleum Lease by Production: A User’s Guide to the Shale Gas Drilling Boom (November 28, 2014). Available for download at SSRN: http://ssrn.com/abstract=2531997 “Most oil and gas leases allow the operator to extend possession for an indefinite period by establishing production in paying quantities. We show how thisContinue Reading

Reducing aerodynamic drag on tractor trailer trucks results in major fuel savings

American Physical Society’s Division of Fluid Dynamics. “Small modifications to tractor-trailers could save billions of gallons of gasoline each year.” ScienceDaily. ScienceDaily, 25 November 2014. “Each year, the more than 2 million tractor-trailer trucks that cruise America’s highways consume about 36 billion gallons of diesel fuel, representing more than 10 percent of the nation’s entireContinue Reading

U.S. gasoline prices this Thanksgiving are the lowest since 2009

EIA: “U.S. retail regular-grade gasoline prices continue to decline, averaging $2.82 per gallon (gal) as of November 24. This average is 47 cents lower than a year ago, and the lowest price heading into a Thanksgiving holiday since 2009. Traditionally, the Thanksgiving holiday is one of the most traveled times of the year in theContinue Reading

Climate Change Indicators in the United States

“The Earth’s climate is changing. Temperatures are rising, snow and rainfall patterns are shifting, and more extreme climate events—like heavy rainstorms and record high temperatures—are already taking place. Scientists are highly confident that many of these observed changes can be linked to the climbing levels of carbon dioxide and other greenhouse gases in our atmosphere,Continue Reading

New GAO Reports – DOE Cost Estimating, Veteran’s Reemployment Rights

Project and Program Management: DOE Needs to Revise Requirements and Guidance for Cost Estimating and Related Reviews, GAO-15-29: Published: Nov 25, 2014. Publicly Released: Nov 25, 2014. Veterans’ Reemployment Rights: Department of Labor Has Higher Performance Than the Office of Special Counsel on More Demonstration Project Measures, GAO-15-77: Published: Nov 25, 2014. Publicly Released: Nov 25, 2014.

North Dakota’s Oil Industry Has Grown, Spills and Leaks Have Soared

The Downside of the Boom: As North Dakota’s Oil Industry Has Grown, Spills and Leaks Have Soared,” by Deborah Sontag and Robert Gebeloff: “[A]s the [North Dakota fracking] boom … exploded, the number of reported spills, leaks, fires and blowouts has soared, with an increase in spillage that outpaces the increase in oil production …Continue Reading

Electric Power Generation Using Renewable Energy Growing

“Economic Census Statistics Now Available for the First Time on Wind, Geothermal, Biomass and Solar Electric Power Generation. Revenues for electric power generation industries that use renewable energy resources rose 49.0 percent from $6.6 billion in 2007 to $9.8 billion in 2012, according to new economic census statistics released today by the U.S. Census Bureau. TheseContinue Reading

Signs of stress must not be ignored, IEA warns in its new World Energy Outlook

“Events of the last year have increased many of the long-term uncertainties facing the global energy sector, says the International Energy Agency’s (IEA) World Energy Outlook 2014 (WEO-2014). It warns against the risk that current events distract decision makers from recognising and tackling the longer-term signs of stress that are emerging in the energy system. In theContinue Reading

EPA – Reduce, Reuse, Recycle

“Learn how reducing, reusing, and recycling can help you, your community, and the environment by saving money, energy, and natural resources. Recycling programs are managed at the state and local level—find information on recycling in your community.”

New GAO Reports – 2013 Government Shutdown, DOE and Enriched Uranium, Nuclear Commerce

2013 Government Shutdown: Three Departments Reported Varying Degrees of Impacts on Operations, Grants, and Contracts. GAO-15-86, October 15. 2014 Department of Energy: Interagency Review Needed to Update U.S. Position on Enriched Uranium That Can Be Used for Tritium Production. GAO-15-123, October 14. Nuclear Commerce: Additional Actions Needed to Improve DOE’s Export Control Process. GAO-15-124, OctoberContinue Reading