The United States made history last month: For the first time ever, the European Union is getting more liquefied natural gas from the United States than the natural gas it receives from Russia via pipeline. European reliance on the United States for energy relief has increased ever since Russia’s invasion of Ukraine as many countries
Read More...For the first time in American history, the U.S. Interior Department has allowed the existing Outer Continental Shelf 5-year offshore leasing program to expire without having a new plan in place. In fact, the expiration date came and went without even a draft proposal ready for public and congressional review due to an “unexpected” delay.
Read More...If there was any doubt that the U.S. oil and natural gas industry is interested in investing in increasing production on federal lands, it was laid to rest this week: Seventy percent of parcels offered received bids resulting in nearly $22 million during the first onshore sales to take place since early January 2021. That
Read More...A new study from an anti-natural gas activist group is high on scare tactics around gas stoves but acknowledges it found low levels of volatile organic compounds (VOCs) and never assessed the actual risks, if any, to residents. The study, yet another published by authors from Physicians, Scientists and Engineers for Healthy Energy (PSEHE), a
Read More...Kayrros, a satellite data analytics firm, recently published research analyzing trends in methane emissions as observed from space. Kayrros’s report claims that U.S. methane emissions show a concerning “risk of significantly increasing” in 2022 following drops during COVID-19. Media coverage of the study drew broader conclusions. The Washington Post ran a story on the research
Read More...Oil and natural gas companies are expanding production activity at a robust pace despite supply chain disruptions and rising costs, according to the most recent Federal Reserve Bank of Dallas survey of energy executives. This quarter’s survey revealed that despite positive top-line numbers, oil and natural gas companies have to navigate several behind-the-scenes challenges to
Read More...In a letter to Interior Secretary Deb Haaland, a group of Democratic U.S. senators don’t appear to understand the purpose of the five-year outer continental shelf oil and natural gas leasing program that’s required by law. The senators, overwhelmingly representing states with no offshore oil and gas development, are lobbying the administration to leave out
Read More...Some Biden administration officials are coming forward to douse a healthy dose of reality on the rhetoric and mixed messages coming out of the White House that continues to blame U.S. companies for rising prices at the pump. During an American Clean Power Association forum on Wednesday, the director of the Energy Department’s Loan Programs
Read More...Democrats from oil producing states are pushing back against the Biden administration’s prospective proposal to reinstate the crude oil export ban as a hopeful solution to bring down the price of gasoline for American consumers. The letter, signed by Reps. Henry Cuellar (Tex.), Vicente Gonzalez (Tex.), Sylvia Garcia (Tex.), Lizzie Fletcher (Tex.), Tim Ryan (Ohio)
Read More...Energy Secretary Jennifer Granholm will meet with energy leaders today to discuss solutions to lower record high gasoline prices. The meeting was prompted after President Biden sent a letter last week to companies where he blundered over refinery capacity and the media began calling out top Democrats over their mixed messages. Ahead of the meeting,
Read More...On Thursday, Energy Sec. Jennifer Granholm will hold a meeting with leaders in the petroleum refining sector as prices at the pump recently hit a record high of $5 per gallon. The meeting comes on the heels of President’s Biden letter to energy companies demanding they ramp up refining capacity that, as Energy In Depth
Read More...Leading national media outlets just aren’t buying the spin from top Biden administration officials and Congressional Democrats on gasoline prices that recently hit a record high of $5 per gallon. This past week, Energy Secretary Jennifer Granholm and Rep. Ro Khanna (D-Calif.) were both called out by major cable TV hosts on their mixed messages
Read More...The past week has been filled with President Joe Biden blundering over gasoline prices and refinery capacity, the Interior Department once again delaying federal lease sales, and a leading Democratic senator calling for tax increases on energy companies. Lost in the shuffle, John Kerry – the U.S. Special Presidential Envoy for Climate – was busy
Read More...High efficiency natural gas furnaces could soon be on the chopping block if a proposed new rule from the Department of Energy is implemented. The proposed rules would raise minimum efficiency standards from 80 percent today to 95 percent efficiency by 2029. If approved, it would ban cost-effective and highly efficient natural gas furnaces in
Read More...It has been a year to the day since a federal judge issued an injunction against the ban on oil and natural gas leasing on federal lands and ordered the Department of Interior to resume holding lease sales, and yet, no onshore lease sales have taken place. In fact, the department postponed (again) sales that
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