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Keyword: drillbabydrill

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  • America Is Becoming the New King of the Oil Market

    09/17/2019 7:20:36 AM PDT · by mac_truck · 30 replies
    Hellenic Shipping News ^ | 9/17/2019 | Oil Company News
    America’s oil production is booming. The country’s crude oil output is on track to average 12.2 million barrels per day (BPD) this year, according to the U.S. Energy Information Agency (EIA). That’s an increase of 1.2 million BPD from 2018’s record output. Because of that gusher of new supply, the country now rivals Saudi Arabia as the global oil kingpin. It even briefly overtook that nation as the leader in crude oil exports earlier this year. With more supply on the way and additional export infrastructure under construction, America is emerging as a dominant force in the oil market. The...
  • U.S. will soon surpass Saudi Arabia in petroleum exports

    08/27/2019 9:24:49 AM PDT · by BeauBo · 23 replies
    Houston Chronicle ^ | Mar 8, 2019 | Jordan Blum
    The United States' surging oil and gas production will soon allow the country to surpass Saudi Arabia in liquid petroleum exports. While Saudi Arabia will remain the top crude oil exporter, the U.S. is destined to usurp the kingdom as soon as late 2019 when it comes to overall liquid petroleum exports, including fuels and some natural gas liquids, according to a new report from the Norwegian research firm Rystad Energy. "Increasingly profitable shale production and a robust global appetite for light oil and gasoline is poised to bring the U.S. to a position of oil dominance in the next...
  • US officials take action to protect Alaska whistleblower (Henry Kerner involved)

    04/26/2019 4:13:28 PM PDT · by george76 · 13 replies
    ap ^ | August 28, 2018 | DAN JOLING
    The federal office that protects employees against reprisals for whistleblowing is advocating on behalf of a federal employee in Alaska who complained about the handling of an Arctic offshore lease sale. The U.S. Office of Special Counsel announced .. it’s filing a whistleblower retaliation complaint with the Merit Systems Protection Board on behalf of Jeffrey Missal, a regional environmental officer for the Department of the Interior’s Bureau of Safety and Environmental Enforcement. Missal was fired after filing a complaint with the Interior Department’s inspector general and contending that the department violated environmental regulations to facilitate Arctic oil exploration. ... Missal...
  • US Department of Energy officials rebrand fossil fuels as ‘molecules of freedom’ & ‘freedom gas’

    05/31/2019 6:53:27 AM PDT · by Rusty0604 · 20 replies
    Legal Insurrection ^ | 05/30/2019 | Leslie Eastman
    A couple of weeks ago, I noted the green justice advocates were planning to rebrand “climate change” to “climate disaster” in order to gin up hysteria and fear. It turns out two can play that game. In a move that heralds the beginning of the Trump Administration’s election battle with climate change extremists, fossil fuels are getting a vocabulary makeover. Two Department of Energy officials referred on Wednesday to natural gas produced in the US as “freedom gas” and “molecules of U.S. freedom” in a press release announcing the expansion of a natural gas facility in Texas. Increasing export capacity...
  • Trump plan to allow fracking on California coast, Central Valley moves forward

    05/09/2019 10:02:50 AM PDT · by Jim Robinson · 33 replies
    sacbee ^ | May 8, 2019 | BY EMILY CADEI
    The Trump administration moved forward Thursday with its plan to open up more federal land in California’s Central Valley and Central Coast to oil and gas drilling, including fracking. The Bureau of Land Management Central Coast Office released new documents on its proposal for oil and gas leasing and development on the public land it administers. The field office’s boundaries stretch across 11 California counties: Alameda, Contra Costa, Fresno, Merced, Monterey, San Benito, San Joaquin, San Mateo, Santa Clara, Santa Cruz and Stanislaus. The Center for Biological Diversity, an environmental group that opposes the plan, estimates that the proposal could...
  • Governor asks Trump to “intervene” against deep state

    04/27/2019 4:06:51 PM PDT · by Kaslin · 50 replies ^ | April 27, 2019 | JAZZ SHAW
    Somebody is having trouble with the deep state, and this time it’s not President Trump. Alaska Governor Mike Dunleavy (R) is asking the president for help tackling what he views as entrenched workers in the U.S. Fish and Wildlife Service (yes… I’m serious) who have been working to thwart oil and gas leasing in the Arctic National Wildlife Refuge (ANWR). Bet you didn’t see that one coming. (Government Executive) A governor is asking the president to intervene with career federal employees, accusing them of “undermining” the sale of lands that would benefit his state.In a letter to President Trump dated...
  • Not so fast: Trump's Alaska drilling study slammed by U.S. wildlife regulator

    04/26/2019 12:49:02 PM PDT · by Red Badger · 22 replies
    Reuters ^ | April 26, 2019 / 11:53 AM / Updated 2 hours ago | Valerie Volcovici
    The Trump administration failed to adequately consider oil spills, climate change and the welfare of polar bears in its expedited study of proposed drilling in Alaska’s Arctic National Wildlife Refuge, according to comments published by the U.S. Fish and Wildlife Service this week. The unusually harsh criticism from federal wildlife regulators could deal a blow to one of the most high-profile items in President Donald Trump’s energy agenda, and reflects the pitfalls of the administration’s drive to speed up big projects with quicker, shorter environmental studies. The Interior Department wants to hold its first lease sale of at least 400,000...
  • Typical Worker’s Pay Nears $200,000 at Oil Refiner

    04/24/2019 12:08:06 PM PDT · by reaganaut1 · 33 replies
    Wall Street Journal ^ | April 24, 2019 | Patrick Thomas
    It was a fruitful year for the rank and file at oil-and-gas companies, from Exxon Mobil Corp. XOM to Phillips 66. Oil and gas drillers and refiners had some of the highest-paid median workers in the energy and utility sectors in 2018, according to The Wall Street Journal analysis of annual pay disclosures by hundreds of big U.S. companies. Houston-based Phillips 66 paid its median worker $196,407, the highest of any company in the sector. Phillips was followed by Anadarko Petroleum Corp. at $183,445. Oil giant Exxon Mobil, which has roughly 72,600 employees, according to its latest proxy, had the...
  • US sets world record natural gas production as prices plunge

    04/22/2019 7:51:56 AM PDT · by SeekAndFind · 36 replies
    American Thinker ^ | 04/22/2019 | Chriss Street
    U.S. natural gas production set an all-time world record last week despite prices hitting a new annual low and down 85 percent over the last 14 years. After dominating world natural gas production for 50 years, American production peaked in 1972 at about 21.7 trillion cubic feet.  As annual production slumped to about 18 trillion cubic feet for the next 33 years, prices rose from about $0.59 per thousand cubic feet (tcf) to a record high of $18.95 per tcf in September 2005. But thanks to 80-year-old George Mitchell, who pioneered modern hydraulic fracking techniques in the suburbs of Fort Worth...
  • Trump's North American trade agreement will promote US energy leadership.......

    04/19/2019 3:21:07 PM PDT · by caww · 5 replies
    .washingtonexaminer ^ | 4/19/2019 | Aaron Padilla
    Trade with Canada and Mexico supports 11 million U.S. jobs, benefiting every state and every corner of the economy. Under the North American Free Trade Agreement, manufacturing sales supports jobs in 43,000 U.S. manufacturing firms. Canada and Mexico are top markets for American farmers, buying nearly one-third of U.S. agricultural exports. Now add U.S. energy benefits to the long list of reasons to maintain these critical trade partnerships by approving the U.S.-Mexico-Canada-Agreement. Canada and Mexico are our best energy customers, ranking as the top purchasers for a host of fuels. Canada is the top market for U.S. exports of crude...
  • Green New Deal: Oil Workers Replace Pipelines with Mangroves, Indigenous People Heal the Land(TR)

    04/18/2019 5:27:39 AM PDT · by KC_Lion · 35 replies
    Breitbart ^ | 17 Apr 2019 | Penny Starr
    Rep. Alexandria Ocasio-Cortez (D-NY) and the Intercept website collaborated on a seven-minute video that takes place in a future where Democrats control the House, Senate, and White House, and America is fundamentally transformed into a socialist country where fossil fuels are eliminated, everyone is guaranteed a union job, and the Green New Deal saves the planet.....Ocasio-Cortez then profiles Ileana, a “true child of the Green New Deal,” who joins the AmeriCorps to restore wetlands. “Most of her friends were in her union, including some oil workers in transition,” Ocasio-Cortex says. “They took apart old pipelines and got to work planting...
  • US judge halts hundreds of drilling projects in groundbreaking climate change ruling

    03/21/2019 2:27:57 AM PDT · by blueplum · 22 replies
    The Guardian UK ^ | 20 Mar 2019 | Cassidy Randall
    n the first significant check on the Trump administration’s “energy-first” agenda, a US judge has temporarily halted hundreds of drilling projects for failing to take climate change into account. Drilling had been stalled on more than 300,000 acres of public land in Wyoming after it was ruled the Trump administration violated environmental laws by failing to consider greenhouse gas emissions. The federal judge has ordered the Bureau of Land Management (BLM), which manages US public lands and issues leases to the energy industry, to redo its analysis. The decision stems from an environmental lawsuit. WildEarth Guardians, Physicians for Social Responsibility,...
  • Federal auction sells leasing rights on thousands of acres of prime sage-grouse habitat

    03/03/2019 8:19:02 PM PST · by blueplum · 49 replies
    WaPo via MSN ^ | 01 Mar 2019 | Kathy Love
    Leasing rights on western lands with some of the world’s highest densities of sage grouse were sold this week to energy developers for as little as $2 an acre — the result of a recent Trump administration directive to roll back Obama-era protections for the iconic bird. Thirty-one parcels in Wyoming containing 57,800 acres of prime sage-grouse habitat are among those being auctioned online by the federal Bureau of Land Management. Conservationists call the area the “golden triangle” because of its importance for the species, which has suffered a sharp decline in the past 15 years as oil and gas...
  • U.S. Shale Oil Output to Hit Record 8.4 Million Bpd in March: EIA

    02/19/2019 1:43:23 PM PST · by Red Badger · 31 replies ^ | Feb. 19, 2019, at 3:15 p.m. | by Devika Krishna Kumar, Jonathan Oatis, Marguerita Choy)
    NEW YORK - U.S. oil output from seven major shale formations is expected to rise 84,000 barrels per day (bpd) in March to a record of about 8.4 million bpd, the U.S. Energy Information Administration said in a monthly report on Tuesday. The largest change is forecast in the Permian Basin of Texas and New Mexico, where output is expected to climb by 43,000 bpd to a record 4.024 million bpd in March. A shale revolution has helped boost the United States to the position of world's biggest crude oil producer, ahead of Saudi Arabia and Russia. Overall crude production...
  • US crude oil production expected to hit records this year and next

    02/12/2019 2:12:36 PM PST · by jazusamo · 16 replies
    The Hill ^ | February 12, 2019 | Miranda Green
    U.S. oil production is anticipated to break records in the next two years — and prices are primed to increase slightly, according to an energy study released Tuesday. The Energy Information Administration (EIA) said Tuesday that crude oil production is expected to rise to an average of 12.4 million barrels a day in 2019 and 13.2 million barrels per day in 2020. That’s up from January’s average of 12 million barrels a day and December’s 90,000 barrels a day. The expected increases will come from the Permian region of Texas and New Mexico, according to EIA. The U.S. last September...
  • America's oil boom is terrible for the climate

    01/19/2019 7:11:04 AM PST · by Libloather · 73 replies
    CNN ^ | 1/18/19 | Ivana Kottasová
    London (CNN Business) America's push for oil and gas supremacy could lead to a "climate catastrophe," a new report has warned. The report by Oil Change International said that the United States is set to "unleash the world's largest burst" of carbon emissions from new oil and gas development if it goes ahead with its plans to expand drilling. "At precisely the time in which the world must begin rapidly decarbonizing to avoid runaway climate disaster, the United States is moving further and faster than any other country to expand oil and gas extraction," the report said.
  • US Oil Boom Is Defying Expectations, Experts Say

    01/18/2019 12:51:59 PM PST · by rktman · 34 replies ^ | 1/18/2019 | Jason Hopkins
    The United States is expected to churn out far more oil in 2019 than what international analysts originally forecasted. The International Energy Agency, a Paris-based organization that helps coordinate energy policies for industrial countries, released its latest oil market report Friday, noting exceptional numbers for the U.S. fossil fuel industry. The agency reported U.S. oil production is expected to rise by 1.3 million barrels a day in 2019. While this number is lower than the record-smashing 2.1 million increase producers enjoyed in 2018, it’s more than double what the IEA initially expected to see in 2019. The forecast illustrates the...
  • Feds Discover Largest Oil, Natural-Gas Reserve in History

    12/06/2018 2:26:32 PM PST · by reaganaut1 · 124 replies
    National Review ^ | December 6, 2018 | MAIREAD MCARDLE
    The federal government has discovered a massive new reserve of oil and natural gas in Texas and New Mexico that it says has the “largest continuous oil and gas resource potential ever assessed.” “Christmas came a few weeks early this year,” Secretary of the Interior Ryan Zinke said of the new reserve, which is believed to have enough energy to fuel the U.S. for nearly seven years. In all, the new reserve is said to contain 281 trillion cubic feet of natural gas, 46.3 billion barrels of oil, and 20 billion barrels of natural-gas liquids, the Interior Department’s U.S. Geological...
  • US Becomes Net Oil Exporter for First Time in 75 Years

    12/06/2018 12:48:44 PM PST · by Hojczyk · 18 replies
    Transport Topics ^ | December 6, 2018 2:30 PM, EST | Matthew Busch
    America turned into a net oil exporter the week of Nov. 26, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief — moment toward what President Donald Trump has branded as “energy independence.” The shift to net exports is the dramatic result of an unprecedented boom in American oil production, with thousands of wells pumping from the Permian region of Texas and New Mexico to the Bakken in North Dakota to the Marcellus in Pennsylvania. U.S. crude shipments reached a record 3.2 million barrels the week of Nov. 26, government data...
  • Trump Plans Major Rollback of Sage Grouse Protections to Spur Oil Exploration

    12/06/2018 1:01:49 PM PST · by reaganaut1 · 34 replies
    New York Times ^ | December 6, 2018 | Coral Davenport
    WASHINGTON — The Trump administration on Thursday published documents detailing its plan to roll back Obama-era protections for the vast habitat of the greater sage grouse, a chickenlike bird that roams across nearly 11 million acres in 10 oil-rich Western states. The earlier proposal to protect the bird, whose waning numbers have brought it close to endangerment, was put forth under the Interior Department in 2015 and set out to ban or sharply reduce oil and gas drilling in 10.7 million acres of its habitat. The Trump plan, by contrast, would limit the grouse’s protected habitat to just 1.8 million...