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
Read More...The Green New Deal for Public Housing recently introduced in the Senate completely shut residential natural gas use out of consideration in new public housing standards. The plan would upgrade building efficiency and reduce overall energy costs but erases any savings from efficiency by forcing all-electric appliances into new buildings and retrofitted homes. Cost to
Read More...On Tuesday, Anne Arundel County, Maryland became the latest municipality to file a public nuisance climate change lawsuit against energy companies and a trade association representing the industry. While the county’s decision to file a lawsuit in unsurprising – as Anne Arundel County Executive Steuart Pittman announced back in February that the county was “considering”
Read More...Activists aiming to shutter American energy production are returning to an old campaign: trying to block oil and natural gas exports. A group calling itself Defend the Gulf is reigniting the debate over energy exports with a list of demands to the Biden administration, including a permitting and construction moratorium on energy export infrastructure and
Read More...Methane emissions in the United States have continued their downward trend from 2005 levels according to the Environmental Protection Agency’s 2021 Greenhouse Gas Inventory (GHGI). In fact, total U.S. greenhouse gas emissions continue to decline despite increased production and consumption of oil and natural gas. As the EPA explains: “This decrease was driven largely by
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