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...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...The city of Los Angeles has joined the list of California municipalities banning the installation of most natural gas appliances like stoves and furnaces in the construction of new buildings. The policy from the city council will also direct departments to develop a plan by the end of 2022 “that will require all new residential
Read More...The U.S. Energy Information Administration’s 2021 International Energy Outlook describes a promising future for the role of natural gas throughout the next 30 years or so, particularly for Canada. This year’s report looks at what long-term consumption, production and electricity trends will emerge between now and 2050. And for Canada, the energy future will definitely
Read More...Thanks to the development of America’s abundant shale resources, energy supply shocks seemed to be a thing of the past. But with winter approaching, the Biden administration’s refusal to allow timely lease sales for production on federal lands is set to contribute to the highest energy prices in years. Now that summer has come
Read More...American LNG exports to Europe are all the more essential since dwindling natural gas stockpiles and lower-than-anticipated wind generation have caused energy prices to spike. Energy prices in Europe and the United Kingdom are surging in the wake of a shortage of natural gas and have reached levels not seen in a decade. This has
Read More...Natural gas is supporting Europe’s energy transition and plan for a low carbon future. Today, natural gas supplies over 20 percent of the continent’s energy mix and is expected to remain integral to regional energy planning with the buildup of pipeline and liquified natural gas (LNG) infrastructure. U.S. LNG exports to Europe will continue to
Read More...Despite a drop in global energy demand due to COVID-19, natural gas emerged from the pandemic in a position of strength, according to BP’s recently released 2021 Statistical Review. As the report explains, global primary energy demand fell by 4.5 percent in 2020 – the largest decline since World War II. Yet, natural gas performed
Read More...For decades, the natural gas industry has addressed customer demand for increased energy efficiency by incorporating incentives and partnering with the federal government. The resulting improvements have been a benefit to consumers, who want to save on their energy bills, and for businesses worried about their carbon emissions. The Department of Energy (DOE) should review
Read More...Communities and states across the country are analyzing the best paths forward to lower emissions, while ensuring consumers have access to affordable, reliable energy. In Illinois, lawmakers came together and showed strong, bipartisan support for natural gas as a part of that future amid policies that would transition the state away from fossil fuels. At
Read More...A new report by Statistics Canada and the Canada Energy Regulator (CER) found that the value of the nation’s crude oil exports increased by a factor of 15 since 1990; a growth that is demonstrated through what is now a sizeable share of Canada’s overall exports. Canadian crude now makes up 14.1 percent of Canada’s
Read More...The International Energy Agency’s new roadmap to a zero-carbon world lays out a potential path for the energy transition with suggestions – some more realistic than others – for how the planet could drastically reduce emissions and bring access to affordable, reliable energy to everyone. Although many media latched onto the notion that the report
Read More...Oil and natural gas systems have the greatest potential for reducing global methane emissions, according to the United Nation’s recent Global Methane Assessment. Notably, data from this comprehensive analysis show that North American methane emissions from oil and gas systems represent less than 4 percent of anthropogenic and less than 2 percent of total global
Read More...Cheniere, one of the leading U.S. LNG companies, announced its first “carbon neutral shipment” to Europe this week after a tanker left Cheniere’s Sabine Pass export terminal in Louisiana and travelled across the Atlantic to supply Shell as part of the two companies’ long-term LNG contract. Unlike a standard LNG cargo, Cheniere’s “carbon neutral” shipment
Read More...Even individuals that have advocated for an “electrify everything” path forward for the United States acknowledge the high costs and complexity of such measures, as recent GreenBiz electrification articles demonstrate. GreenBiz CEO, Joel Makower explains: “All of which is to say that while “electrify everything” has become the mantra of advocates of climate and energy
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