UK Globe and Mail: “The London-based World Energy Council says Israels Shfela Basin, a half-hour drive south of Jerusalem, holds 250 billion barrels of recoverable shale oil, possibly making the energy-vulnerable country (as expressed by The Wall Street Journal) the worlds newest energy giant. With reserves of 260 billion barrels, Saudi Arabia would remain the… Continue Reading
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World Shale Gas Resources: An Initial Assessment of 14 Regions Outside the United States
U.S. Energy Information Administration – World Shale Gas Resources: An Initial Assessment of 14 Regions Outside the United States, April 2011 “The use of horizontal drilling in conjunction with hydraulic fracturing has greatly expanded the ability of producers to profitably produce natural gas from low permeability geologic formations, particularly shale formations. Application of fracturing techniques… Continue Reading
New GAO Reports: Energy-Water Nexus, Federal Oil and Gas Leases, Forest Service Research and Development
Energy-Water Nexus: A Better and Coordinated Understanding of Water Resources Could Help Mitigate the Impacts of Potential Oil Shale Development, GAO-11-35, October 29, 2010 Federal Oil and Gas Leases: Opportunities Exist to Capture Vented and Flared Natural Gas, Which Would Increase Royalty Payments and Reduce Greenhouse Gases, GAO-11-34, October 29, 2010 Forest Service Research and… Continue Reading
BLM Finalizes Rules That Could Add Billions of Barrels of Oil to U.S. Supply
News release: “As part of its ongoing effort to increase and diversify America’s energy supply, the Department of the Interior’s Bureau of Land Management today published final regulations to establish a commercial oil shale program that could result in the addition of up to 800 billion barrels of recoverable oil from lands in the Western… Continue Reading
World Bank Commodity Markets Outlook October 2016
World Bank Raises 2017 Oil Price Forecast – “Most commodity prices continued to rise in the third quarter from their lows in early 2016 . Crude oil prices are forecast to rise to $55 per barrel in 2017 from an average of $43/bbl this year as the market continues to rebalance and OPEC is likely… Continue Reading
CRS – Keystone XL Pipeline Project: Key Issues
Keystone XL Pipeline Project: Key Issues – Paul W. Parfomak, Specialist in Energy and Infrastructure Policy; Robert Pirog, Specialist in Energy Economics; Linda Luther, Analyst in Environmental Policy; Adam Vann, Legislative Attorney. December 2, 2013 “TransCanada’s proposed Keystone XL Pipeline would transport oil sands crude from Canada and shale oil produced in North Dakota and Montana to a market hub in Nebraska… Continue Reading
DOE, NRC Issue Licensing Roadmap For Next-Generation Nuclear Plant
News release: “The U.S. Department of Energy (DOE) and the U.S. Nuclear Regulatory Commission (NRC) today delivered to Congress the Next Generation Nuclear Plant (NGNP) Licensing Strategy Report which describes the licensing approach, the analytical tools, the research and development activities and the estimated resources required to license an advanced reactor design by 2017 and… Continue Reading
‘Climate denial’ just made it into the dictionary. Wait, what?
Grist: “The world is on fire, and so is our vocabulary. Merriam-Webster added 640 new words to its online dictionary last week. The additions include swole (“extremely muscular”), new meanings for snowflake (someone who is “treated as unique or special” or “overly sensitive”) and, you guessed it, a whole batch of neologisms tied to the… Continue Reading
FERC rejects proposal to subsidize coal burning and nuclear power plants
gtm research: “Federal regulators have rejected Energy Secretary Rick Perry’s plan to rewrite energy market regulations that would favor the coal industry in the name of grid reliability, delivering a stark rebuke to what has largely been seen as an effort to reward the coal industry at the expense of ratepayers and the environment. On… Continue Reading
CRS – Job Creation in the Manufacturing Revival Marc Levinson Section
Job Creation in the Manufacturing Revival, Marc Levinson, Section Research Manager. May 5, 2017. [via FAS] “The health of the U.S. manufacturing sector is of ongoing interest to Congress. Numerous bills aimed at promoting manufacturing are introduced in each Congress, often with the stated goal of creating jobs. Implicit in many of these bills is… Continue Reading
Hydraulically fractured wells provide two-thirds of U.S. natural gas production
Via EIA: “For decades, hydraulic fracturing had been referred to as an unconventional completion technique, but over the past 10 years it has become the technique by which most natural gas is produced in the United States. Based on the most recent data from states, EIA estimates that natural gas production from hydraulically fractured wells… Continue Reading
World Bank Commodity Markets Outlook April 2016
“Amid improving market sentiment and a weakening dollar, the World Bank is raising its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook, as an oversupply in markets is expected to recede. The crude oil market rebounded from a low of $25 per barrel in… Continue Reading
