Only a month into 2024, all signs point to this year being particularly consequential for the future of U.S oil and natural gas. On one hand, the International Energy Agency’s latest industry report projected increased global natural gas demand in 2024. At the same time, President Biden’s decision to pause LNG exports approvals has created
Read More...President Biden’s LNG pause has amassed a range of negative reactions and concerns from across the political spectrum. In a House Subcommittee on Energy, Climate, and Grid Security hearing this week, members from both sides of the aisle agreed that Biden’s decision, directly and indirectly, affects the U.S. economy, energy security, global emissions reduction goals,
Read More...The Biden administration’s decision to halt new LNG exports is generating bipartisan pushback across the country, ranging from progressives like Pennsylvania Sen. John Fetterman to establishment figures like Delaware Sen. Chris Coons. That criticism of the administration’s decision has also been prominent in Colorado, the fourth largest oil and gas producing state where the industry
Read More...The Appalachian Basin produces more natural gas than most countries, with the region’s rich resources playing a major role in ensuring energy security, grid reliability and emission reductions. Therefore, it’s no surprise that leaders in the region from across the aisle have come out strongly against the Biden administration’s recent moratorium on LNG export approvals
Read More...U.S. LNG has been a hot button topic in recent weeks as the Biden administration announced it would be reassessing the Department of Energy’s LNG permit approval process last week, followed on Friday with an announcement that it is temporarily pausing pending decisions on LNG exports to non-FTA countries. While the administration is publicly describing
Read More...Amidst attacks on U.S. energy production and continued global instability, the U.S. oil and natural gas industry managed to not only meet but exceed expectations in 2023. The industry broke production records and supplied critical energy resources at home and abroad, all while reducing methane emissions. Oil and Gas Industry Continues to Innovate Amid Record
Read More...Liquefied natural gas (LNG) is the ultimate game changer for both energy security and emissions reductions worldwide. LNG has made its way into energy systems all over the globe, helping nations reduce their carbon footprint while also providing reliable supply in a flexible and speedy fashion. American natural gas production has been crucial to U.S.
Read More...Democratic lawmakers are citing a not yet peer-reviewed or published study from a biased researcher with a history of flawed work to justify their calls to stop permitting new LNG export facilities in the United States. The research from Cornell University Professor Bob Howarth claims that when considering the lifecycle emissions of LNG, natural gas
Read More...Today the International Energy Agency published its 2023 edition of the annual World Energy Outlook report which doubles down on its claim that global demand for coal, oil, and natural gas will all peak by 2030. However as Energy In Depth has written previously, “peak oil” forecasts make good headlines, but often these claims don’t
Read More...Natural Gas Now Best Picks – August 26, 2023 Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. This week: extreme weather hysteria redux, Biden the Manchurian White House occupant, China moves to protect
Read More...Whether you want to call it natural gas, methane gas or something else, the fact remains that U.S. liquefied natural gas (LNG) is providing needed, reliable energy across the globe, and helping to reduce emissions and improve the health of communities in the process. In a recent opinion piece, “Keep It In the Ground” group
Read More...Natural Gas – 100 Years Ago Today, July 28, 1923 Tom Shepstone Shepstone Management Company, Inc. …. …. Natural gas news from a hundred years ago offers great perspective for discussing one of the cleanest sources of energy available then and still today. It’s fun and illuminating to look back 100 years ago at what
Read More...Natural Gas Now Best Picks – June 24, 2023 Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. This week: global corporatism is about to be unleashed, the Irish want to kill cows to
Read More...Oil and Gas Emissions Keep Declining in Defiance of Enemies Jim Willis on NGL Pipelines Editor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: GHG emissions from the oil and gas industry keep declining relative to production and this fact is revealed in a report assembled by the industry’s enemies.] Three far-left organizations, the Clean Air
Read More...Phillips, Moans Bloomberg, Is A Pleasant Surprise at FERC Jim Willis on NGL Pipelines Editor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: Michael Bloomberg wants a global warming apparatchik leading FERC, not some realist, and he assigned one of his own apparatchiks to bring down Willie Phillips.] We’re rapidly warming up to Federal Energy Regulatory
Read More...