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Keyword: drillbabydrill

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  • UPDATE: New ANWR legislation passes by vote of 13-10

    11/16/2017 8:02:32 AM PST · by SpeedyInTexas · 23 replies
    KTUU ^ | 11/15/2017 | Leroy Polk
    Following spirited discussion on both sides of the issue, a vote was called at the Energy and Natural Resources committee hearing, regarding new legislation proposed by Sen. Murkowski. By a vote of 13 in favor and 10 opposed, the legislation passed out of the committee just after 8 a.m.
  • U.S. to Dominate Oil Markets After Biggest Boom in World History

    11/15/2017 12:20:50 PM PST · by Oatka · 51 replies
    Bloomberg via gCaptain ^ | Nov. 14, 2017 | Grant Smith
    <p>The U.S. will be a dominant force in global oil and gas markets for many years to come as the shale boom becomes the biggest supply surge in history, the International Energy Agency predicted. [snip] The boom will turn the U.S., still among the biggest oil importers, into a net exporter of fossil fuels.</p>
  • The New Age of Trump Oil

    11/10/2017 10:36:22 AM PST · by brownwill6767 · 12 replies
    Recently, President Donald J. Trump joined Energy Industry Executives, members of Congress, and Cabinet Officials at the Department of Energy to deliver remarks on unleashing America’s boundless capacity for energy production. “We’re here today to usher in a new American energy policy,” he declared. The President explained that his focus isn’t so much on “energy independence,” but rather dominance. In fact, the program is being called “American Energy Domination.”
  • Shell to Build U.S.-Based LNG Bunkering Barge

    11/08/2017 2:54:44 PM PST · by Oatka · 9 replies
    gCaptain ^ | Nov. 7, 2017 | gCaptain
    Shell Trading (US) Company announced Tuesday it has finalized a long-term charter agreement with Q-LNG Transport, LLC for an ocean-going LNG bunker barge with the capacity to carry 4,000 cubic meters of LNG fuel. The bunker barge will be the first of its kind to be based in the United States, and will supply LNG to marine customers along the southern East Coast of the U.S. and support growing cruise line demand for LNG marine fuel. “This investment in LNG as a marine fuel for the US will provide the shipping industry with a fuel that helps meet tougher emissions...
  • Trump Takes Step Toward Energy Dominance with Largest Oil and Gas Lease Sale in History

    10/28/2017 1:20:20 AM PDT · by 2ndDivisionVet · 13 replies
    CNS News ^ | October 27, 2017 | Nicolas Loris and Samantha Block
    President Donald Trump has vowed to make the U.S. more energy dominant than ever, and the Interior Department took an important step toward that goal this week. Interior Secretary Ryan Zinke announced on Tuesday that his department is proposing the largest oil and gas lease sale ever held in the United States. In March 2018, the Interior Department will make nearly 77 million acres in federal waters of the Gulf of Mexico available for the lease sale. “In today’s low-price energy environment, providing the offshore industry access to the maximum amount of opportunities possible is part of our strategy to...
  • Trump administration to offer 76M acres for offshore drilling, largest lease sale in U.S. history

    10/24/2017 8:28:23 AM PDT · by jazusamo · 19 replies
    The Washington Times ^ | October 24, 2017 | Ben Wolfgang
    The Trump administration is putting more than 76 million acres of federal water up for lease in the largest offshore drilling initiative in American history. Interior Secretary Ryan Zinke announced the massive lease sale, slated for March 2018, on Tuesday morning, and said the move is a key component of the administration’s effort to tap U.S. energy reserves and reap the economic benefits that come along with them.
  • Senate Votes to Raise Revenue by Drilling In Arctic National Wildlife Refuge (drill, baby drill!)

    10/20/2017 10:33:29 AM PDT · by drewh · 34 replies
    Spokesman Review ^ | Fri., Oct. 20, 2017, 10:04 a.m. | By Juliet Eilperin
    WASHINGTON – The Senate rejected an amendment Thursday that sought to block a key panel from raising revenue through drilling in Alaska’s Arctic National Wildlife Refuge, a move that could make it easier for future oil and gas drilling to take place there. Sen. Maria Cantwell, Wash., the top Democrat on the Energy and Natural Resources Committee, offered an budget amendment that would have removed instructions to the panel to raise an additional $1 billion through federal leasing. It failed 48 to 52 on a largely party-line vote, with only Sen. Susan Collins, R-Maine, and Joe Manchin, W.Va., breaking ranks....
  • Newest Outpost for U.S. Crude Exports: India

    10/18/2017 7:00:31 PM PDT · by Oatka · 10 replies
    The Times of India ^ | Oct 17 2017 | Julia Simon and Nidhi Verma
    India is set to emerge as a key market for American crude exports in coming months, as refineries are ramping up "test" purchases of US grades to diversify their imports. US exports recently set a weekly record with nearly 2 million barrels of crude a day sent overseas. But shipments to India+ have been rare, with just a few deliveries since the US lifted its ban on crude exports in late 2015. Indian refineries are starting to increase purchases as the country seeks to secure more supply from outside the Middle East. Refiners are testing both US sweet and sour...
  • OPEC Secretary General urges U.S. shale oil producers to help cap global supply

    10/11/2017 9:29:04 AM PDT · by Hostage · 21 replies
    El Rooters ^ | OCTOBER 9, 2017 | Reuters Staff
    NEW DELHI (Reuters) - OPEC’s Secretary General Mohammed Barkindo on Tuesday called on U.S. shale oil producers to help curtail global oil supply, warning extraordinary measures might be needed next year to sustain the rebalanced market in the medium to long term. “We urge our friends, in the shale basins of North America to take this shared responsibility with all seriousness it deserves, as one of the key lessons learnt from the current unique supply-driven cycle,” said Barkindo.
  • Trump inches toward drilling in Arctic Wildlife Refuge for first time in 30 years(OH NOES!)

    09/18/2017 10:04:44 AM PDT · by rktman · 36 replies
    libertyunyielding.com ^ | 9/17/2017 | staff
    President Donald Trump is moving toward allowing energy exploration in the Arctic National Wildlife Refuge (ANWR) for the first time in several decades, according to a report Friday from The Washington Post. Interior Department officials are modifying decades-old regulations that have traditionally prevented the agency from conducting seismic studies seen as the first step towards drilling, the report notes. U.S. Fish and Wildlife Service director James W. Kurth told the agency’s Alaska regional director to strike constraints on a rule that allowed exploratory drilling between 1984 and 1986, the last time drilling was allowed in the ANWR, according to a...
  • US Oil Rig Count Nearly Doubles in Last Year Thanks to President Trump

    07/31/2017 8:05:26 AM PDT · by davikkm · 14 replies
    One of President Trump’s first actions was an executive order advancing the construction of the Keystone XL and Dakota Access oil pipelines. There are now 958 active oil rigs operating in the US today. This is nearly twice as many as the 495 US rigs in operation last year during the Obama presidency. That means thousands of jobs generated in the energy sector since President Trump came into office.
  • Drill Baby Drill

    07/24/2017 6:00:49 PM PDT · by Openurmind · 12 replies
    Dr Robert Owens Blog ^ | 7/24/17 | Dr Robert Owens
    That was the America First battle cry for decades as the America Last crowd tried to mold us into their version of a second-rate power and potential third world hellhole. For administration after administration we were lectured about how we had to drive less, trade in our SUVs for tiny little Obama Clown Cars to reach “Energy Independence.” Now after less than six months of the Trump Administration long stalled pipelines are flowing, America is one of the major oil exporting nations, the cost of gasoline is dropping due to the expanding supply, OPEC is freaking because we’re fracking, and...
  • Trump Administration Approves Eni Plan to Drill Offshore Alaska

    07/14/2017 9:38:22 AM PDT · by Oatka · 12 replies
    Reuters via gCaptain ^ | July 13, 2017 | Timothy Gardner
    By Timothy Gardner WASHINGTON, July 13 (Reuters) – Eni US will become the first energy company allowed to explore for oil in federal waters off Alaska since 2015 after the Trump administration this week approved a drilling plan on leases the company has been sitting on for 10 years. The Bureau of Ocean Energy Management approved the drilling plan of Eni US, a unit of Italy’s Eni on Wednesday as part of President Donald Trump’s plan to boost oil and gas drilling and make the country “energy dominant.”
  • Trump moves to open more public land to drilling in California

    07/06/2017 9:24:36 PM PDT · by thecodont · 32 replies
    San Francisco Chronicle / SFGate.com ^ | Updated 8:23 pm, Thursday, July 6, 2017 | By Kurtis Alexander
    The Trump administration forged ahead with its commitment to boosting domestic fossil fuel production Thursday, directing more public lands to be opened for oil and gas extraction — a move that could bring new drill rigs to California. The state hasn’t seen new onshore oil and gas leases offered up on federal land in four years because of environmental fights. The order signed by Interior Secretary Ryan Zinke on Thursday has some environmentalists fearing that de facto moratorium will soon end. At minimum, the administration’s action will intensify the push by energy companies to broaden drilling across California’s prime oil...
  • After dismal 2016, shale gas drillers begin to turn a corner

    07/04/2017 7:45:13 PM PDT · by Olog-hai · 6 replies
    Associated Press ^ | Jul 4, 2017 11:21 AM EDT | Michael Rubinkam
    Pennsylvania’s drilling industry is showing signs of life. Natural gas producers drilled more than twice as many shale wells in the first half of 2017 compared to the same period last year. About 20 additional drilling rigs are exploring for natural gas and fracking crews are suddenly in short supply. One big reason is that natural gas prices have recovered from 20-year lows, nearly doubling since last year. …
  • Enjoy that road trip! July 4th gas hasn't been this cheap in years

    07/04/2017 7:57:39 AM PDT · by rktman · 7 replies
    money.cnn.com ^ | 7/3/2017 | Chris Isidore
    Drivers are enjoying the cheapest Fourth of July gasoline in more than a decade. Enjoy it while it lasts: Experts say prices will start inching higher soon. The average price nationwide for a gallon of regular is $2.23, down 15 cents from a month ago, according to AAA. And really cheap gas is even more common than suggested by that average: About 25% of gas stations nationwide are selling gas for $2 a gallon or less.
  • Gas hasn't been this cheap on the Fourth of July since 2005

    07/03/2017 5:07:51 PM PDT · by upchuck · 41 replies
    Wash Exam ^ | July 3, 2017 | Emily Jashinsky
    The last time gas was this cheap in America on the Fourth of July, the Kardashians didn't even have a television show. According to AAA, the average national gas price currently sits at $2.23 per gallon. That figure hasn't dipped so low since 2005 when Fourth of July drivers also owed $2.23 on average. It's the cheapest gas has been throughout 2017 as well. "The combination of tepid demand and increased gasoline and crude output continues to put downward pressure on gas prices," AAA Spokesperson Jeanette Casselano said in a news release. The least expensive market in the country is...
  • Trump to promote U.S. natgas exports in Russia's backyard

    07/03/2017 6:45:04 PM PDT · by upchuck · 19 replies
    Reuters ^ | July 3, 2017 | Roberta Rampton and Timothy Gardner
    President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs. In recent years, Moscow has cut off gas shipments during pricing disputes with neighboring countries in winter months. Exports from the United States would help reduce their dependence on Russia. Trump will tell the group that Washington wants to help allies by making it as easy as possible for U.S. companies to ship more liquefied natural gas (LNG) to central and eastern...
  • President Trump Hosts Tribal, State, and Local Energy Roundtable

    06/29/2017 3:05:59 PM PDT · by 2ndDivisionVet · 9 replies
    The White House ^ | June 28, 2017
    On Wednesday, President Donald J. Trump hosted a tribal, State, and local energy roundtable at the White House. He was joined by Governors Paul LePage, Kim Reynolds, Pete Ricketts, and Bill Walker, along with State and tribal leaders from around our great country. President Trump stated his Administration’s intent to roll back harmful regulations that prevent State, local, and tribal communities from accessing vital energy resources. These regulations hinder economic growth that would create jobs and could be used to fund roads, schools, and infrastructure. It is President Trump’s hope that the roundtable will allow for more cooperation between local...
  • Paving the path to U.S. energy dominance

    06/26/2017 7:53:36 PM PDT · by 2ndDivisionVet · 4 replies
    The Washington Times ^ | June 26, 2017 | Rick Perry and Ryan Zinke and Scott Pruitt
    ‘Energy Week’ highlights the role of American resources in securing prosperity This week, the Trump administration is hosting “Energy Week” to discuss with state, tribal, business and labor leaders how we can pave the path forward toward U.S. energy dominance. This is a truly amazing moment in the energy sector, and President Trump is seeking to capitalize on the opportunity for the betterment of the American economy and our citizens. For the first time in four decades, the energy story in the United States is about becoming an energy exporter and no longer about peak resources or being beholden to...