The switch to natural gas for electricity generation prevented 95 million tons of CO2 emissions in 2018, according to a new International Energy Agency (IEA) report. The report found that global energy emissions increased 1.7 percent in 2018 – largely attributable to increased global energy demand. And as IEA explained, without the switch to natural
Read More...The ample warnings about the potential consequences of SB 181 have done nothing to slow its push through the Colorado General Assembly. After passing through the House Appropriations Committee this morning, the bill is scheduled to be discussed on the floor this evening and a final vote is expected as soon as tomorrow. Ultimately, SB
Read More...Lower heating costs – brought on by increased natural gas production from the shale revolution – reduced winter mortality rates from 2000 to 2010, according to a new National Bureau of Economic Research paper. As the NBER paper explains, “We find that lower heating prices reduce mortality in winter months. The estimated effect size implies
Read More...A new wave of aggressive anti-oil and natural gas legislation is cropping up in several states, driven by national “Keep It In the Ground” (KIITG) groups that have failed numerous attempts at the federal level to restrict development. Emboldened by the introduction of the “Green New Deal”, KIITG groups have made it clear that nothing
Read More...Yesterday’s decision echoed similar actions Adams County took ahead of the 2018 election, when Proposition 112—or the mandated 2,500-foot setback—was on the ballot. This time, commissioners chose to put a stop to oil and gas activity in anticipation of a rush of permits being filed before SB-181 passes the state legislature and goes into effect. The move
Read More...Earthquake activity in Oklahoma declined for the third straight year in 2018 even as oil and natural gas development increased in the area, according to the latest data from the U.S. Geological Survey. As EID’s updated infographic shows, seismic activity decreased by a whopping 83 percent – falling from a peak of 887 earthquakes in
Read More...Surging production that made 2018 a banner year for U.S. oil and natural gas is carrying into the new year, data show. Success in shale development across the country spurred natural gas production to hit a new record high in 2018 for the second consecutive year. Meanwhile, oil production continues to outpace 2018’s record highs
Read More...The United States leads the world in carbon emissions reductions – a fact that has been widely attributed to the increased use of natural gas made possible by shale production. As EID’s latest fact sheet highlights, these incredible emissions reductions have occurred at the same time that U.S. oil and natural gas production has skyrocketed
Read More...Natural gas development in the Appalachian Basin continues to reshape the domestic energy landscape, as recent production reports from the region illustrate. New figures released by the Ohio Department of Natural Resources show production in the Buckeye state set a new state record in the latest quarter. Likewise, a recent report out of Texas shows
Read More...New legislation is making its way through the Texas Senate that could have significant and costly impacts on the state’s record oil and natural gas production, with the potential to raise energy costs for Texans and reduce funding for schools and other public services. As EID’s latest infographic explains, Committee Substitute Senate Bill 421 (CSSB
Read More...The United States is approaching the dawn of a new American energy era, marked by energy abundance, security and choice, speakers said at this year’s CERAWeek by IHS Markit conference in Houston. Thanks to the shale revolution, the United States now leads the world in oil and natural gas production. The International Energy Agency this
Read More...The “Bomb Cyclone” (really, that’s the technical term) that’s bringing a blizzard and whiteout conditions to Colorado’s Front Range has caused businesses, schools, offices and government buildings to all shut down. But there’s one notable exception: the Colorado State Senate. While the House did not hold business today due to inclement weather, the Senate continued
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