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Keyword: naturalgas

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  • 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...
  • Why Putin’s Game Of Russian Roulette With Ukraine Is A Big Deal

    11/29/2018 4:07:00 AM PST · by tlozo · 37 replies
    The Federalist ^ | November 27 2018 | Douglas V. Mastriano
    In a stunning sequence of events, the Russian military opened fire then seized three Ukrainian navy vessels in an unprovoked attack on the Black Sea last Sunday. In the melee, several Ukrainian sailors were wounded and 24 captured. Moscow followed up this flagrant act of war by parading the sailors on Russian television to give clearly coerced confessions of guilt. This attack is but the latest escalation in the ongoing Russian war against Ukraine that has been churning since 2014. It’s also the first great test for the Trump administration regarding Russia and one that will have lasting consequences on...
  • Memo to environmentalists: Natural gas fracking helps LOWER U.S. carbon emissions

    11/23/2018 12:44:14 PM PST · by SleeperCatcher · 7 replies
    The National Sentinel ^ | 11/23/18 | USA Features
    Fact Check: Left-wing extremists in the American environmental movement have never met a carbon-based fuel they like, despite the fact that were it not for carbon-based fuels, we would all still be living in the 19th-century. Their narrative, of course, is that all carbon-based energy is bad, and that the United States in particular, with our outsized economy and radically improved quality of life, is destroying the planet with our carbon emissions. Except that we’re not.
  • Ryan Zinke: Naval blockade is an option for dealing with Russia

    09/29/2018 2:16:19 PM PDT · by CondoleezzaProtege · 44 replies
    Washington Examiner ^ | Sep 28, 2018 | John Siciliano
    Interior Secretary Ryan Zinke says the U.S. Navy can blockade Russia if needed to keep it from controlling energy supplies in the Middle East as it does in Europe. "The United States has that ability, with our Navy, to make sure the sea lanes are open..." Zinke said on Friday at an industry event in Pittsburgh hosted by the Consumer Energy Alliance. He was there to explain why hydraulic fracturing, or fracking, and the shale energy boom has given the U.S. an edge over its rivals Russia and Iran, by making the U.S. less dependent on foreign sources of energy....
  • Police: Gas emergency ignites fires across Andover, North Andover, Lawrence MA

    09/13/2018 2:35:39 PM PDT · by CtBigPat · 221 replies
    Eagle Tribune ^ | 9/13/2018 | Kiera Blessing
    Multiple explosions in the Lawrence, MA area.
  • Rick Perry cheers first natural gas export terminal on East Coast

    09/05/2018 6:48:37 PM PDT · by Coleus · 11 replies
    Washington Examiner ^ | 07.26.18 | John Siciliano
    Energy Secretary Rick Perry on Thursday christened the first natural gas export terminal on the East Coast, at the Cove Point facility in Maryland outside of Washington. “We can become a reliable competitive alternative anywhere in the world, and we will,” Perry said in remarks opening the second natural gas export terminal in the country. Energy exports are key to Trump’s “energy dominance” agenda, and Perry said the president fully supports the new terminal. “This president understands the power of energy and he is eager to unleash our bounty to the world, which is why he is so supportive of...
  • NM revenue levels soar; $1.2 billion in ‘new’ money projected (from O&G and fracking)

    08/22/2018 4:49:36 PM PDT · by CedarDave · 4 replies
    The Albuquerque Journal ^ | August 22, 2018 | Dan Boyd
    After several cash-lean budget years that prompted spending cuts and other austerity measures, a big revenue boom has hit New Mexico. State lawmakers will have an estimated $1.2 billion in “new” money available in the coming budget year due to unprecedented oil production levels and overall economic growth, according to new revenue figures released today by legislative and executive economists. “This spike is unprecedented,” Legislative Finance Committee chief economist Jon Clark told members of a key legislative panel during a meeting in Taos. “We’re relying on the oil industry more than we ever have before.” The eye-opening revenue figure —...
  • Federal ruling affects Mountain Valley Pipeline’s route through national forest

    07/27/2018 6:53:37 PM PDT · by buckalfa · 11 replies
    WV MetroNews ^ | July 27, 2018 | Brad McElhinny
    CHARLESTON, W.Va. — Federal appeals judges ruled two key federal approvals don’t provide adequate protection on the Mountain Valley Pipeline’s route through the Jefferson National Forest, which includes Monroe County. The Sierra Club and other environmental groups had challenged approvals by the U.S. Forest Service and the Bureau of Land Management over a 3.6-mile segment of the pipeline’s route through the national forest. The Mountain Valley Pipeline gained approval from the Federal Energy Regulatory Commission in mid-October. The $3.5 billion Mountain Valley Pipeline would extend 42-inch diameter natural gas pipeline over 303 miles to transport West Virginia natural gas into...
  • Energy Group: Highest-Ever U.S. Crude Oil and Natural Gas Liquids Production

    07/22/2018 11:18:03 AM PDT · by Hojczyk · 32 replies
    Breitbart ^ | July 21,2018 | Penny Starr
    The American Petroleum Institute (API) released its monthly statistical report on Thursday, revealing the highest-ever production of U.S. crude oil and natural gas liquids in June. During that month, production of crude oil hit 10.7 million barrels per day (mb/d), and production of natural gas liquids hit 4.2 million barrels per day, . “Record production of U.S. crude oil and natural gas liquids last month highlighted the strength of our nation’s energy renaissance,” Dean Foreman, API chief economist, said in the announcement of the report. “U.S. oil production has supplied all of the growth in global oil demand so far...
  • Trump opposes Nord Stream II Gas Pipeline, questions Germany

    06/13/2018 1:57:23 PM PDT · by CondoleezzaProtege · 33 replies
    Anadolu Energy Agency ^ | Apr 2018 | Murat Temizer
    The U.S. President Donald Trump objected to the Nord Stream II natural gas pipeline to carry Russian gas to Germany through the Baltic Sea prior to a working lunch with the heads of the Baltic States. In April, Trump met with the presidents of Lithuania, Latvia and Estonia in the White House to discuss energy and security issues. "Germany hooks up a pipeline into Russia, where Germany is going to be paying billions of dollars for energy into Russia," said Trump and added, "And I’m saying, “What’s going on with that? How come Germany is paying vast amounts of money...
  • Drilling boom sparks environmental worries (NM story)

    04/19/2018 11:52:38 AM PDT · by CedarDave · 13 replies
    The Albuquerque Journal ^ | April 16, 2018 | Kevin Robinson-Avila
    ALBUQUERQUE, N.M. — The boom in New Mexico’s oil patch is pumping up state revenue and economic development in Lea and Eddy counties, but it’s also raising many red flags for environmental organizations. Activists say the unprecedented level of investment and activity flooding into southeastern New Mexico, which elevated the state last year to third-largest oil producer in the nation, foreshadows long-term environmental problems unless balanced development plans and firm regulations are in place to protect natural resources. That includes better control of methane emissions, plus efforts to protect water, vegetation and wildlife against overzealous development and industrial accidents such...
  • Tectonic shift rumbling across southeast NM’s oil patch

    04/19/2018 11:39:00 AM PDT · by CedarDave · 5 replies
    The Albuquerque Journal ^ | April 16, 2018 | Kevin Robinson-Avila
    Hundreds of small, independent producers might soon be swallowed up by today’s unprecedented oil and gas boom in southeastern New Mexico. As industry titans like ExxonMobil and Concho Resources pump billions of dollars into previously untapped sections of New Mexico’s century-old oil patch, the state’s small- and medium-sized producers are struggling on the margins to keep running aging wells based on outdated technology. Those companies, which have flourished for decades in New Mexico’s side of the Permian Basin, don’t have the resources to invest in the modern drilling technology needed to dig into the oil-rich, hard shale-rock formations where the...
  • So You Want Wind Turbines But Don’t Want Copper Mines?

    04/13/2018 6:34:43 PM PDT · by george76 · 63 replies
    American Experiment ^ | April 11, 2018 | Isaac Orr
    Windmills use an enormous amount of copper. For example, a single wind turbine can contain 335 tons of steel, 4.7 tons of copper, 3 tons of aluminum and 700-plus pounds of rare earth minerals. ... In fact, wind and solar energy use more copper than conventional forms of energy, such as coal, natural gas, and nuclear power plants. Conventional power plants require about one ton of copper to produced one megawatt of electricity, whereas wind and solar can require between three to five tons per megawatt. ... Make no mistake, switching from reliable sources of electricity like coal, natural gas,...
  • Vietnam scraps South China Sea oil drilling project under pressure from Beijing: BBC

    03/22/2018 11:01:28 PM PDT · by blueplum · 14 replies
    Reuters ^ | 22 Mar 2018 | Staff
    HANOI (Reuters) - Vietnam’s state oil firm PetroVietnam has ordered Spanish energy firm Repsol to suspend its “Red Emperor” project off the country’s southeastern coast following pressure from China, the BBC reported on Friday. {snip} The block lies near the U-shaped “nine-dash line” that marks the vast area that China claims in the sea and overlaps what it says are its own oil concessions. The field can produce 25,000-30,000 barrels of oil and 60 million cubic meters of gas a day, Vietnamese news provider Cafef.vn reported last month. Repsol spent around 33 million euros ($41 million) on exploration in Vietnam...
  • New Mexico oil production gushes to all-time record (#3 in nation)

    03/13/2018 10:36:42 AM PDT · by CedarDave · 16 replies
    The Albuquerque Journal ^ | March 12, 2018 | Kevin Robinson-Avila
    New Mexico oil production is booming at levels never before seen in state history, pushing output last year to an all-time record of 171 million barrels, according to the latest statistics from the state Oil Conservation Division. That’s more than double the 85 million barrels the state produced in 2011, when modern drilling technology began pumping new life into the aging Permian Basin in southeastern New Mexico and West Texas. Output last year climbed 17 percent over 2016, when the state produced 146 million barrels. The boom reflects massive investments in the New Mexico side of Permian, where huge companies...
  • How Environmentalists Keep Heating Bills High

    02/27/2018 5:54:55 AM PST · by Kaslin · 8 replies
    Townhall.com ^ | February 27, 2018 | Stephen Moore
    This has been a colder-than-usual winter in the Midwest and Northeast, so many Americans are facing high home heating and electric bills. In some areas, these bills can reach $1,000 a month. Liberals, of course, charge that Donald Trump is the culprit. An AP story last week screamed: "Trump Once Again Wants to Cut Energy Assistance to the Poor." Vermont Sen. Bernie Sanders charged that if Trump has his way and eliminates the Low Income Heating Assistance Program, people might "freeze to death." But wait. Donald Trump is pro-American energy development. He isn't the one who is making energy bills...
  • Panama Canal Working to Increase LNG Vessel Capacity as Demand Grows

    02/22/2018 7:28:47 PM PST · by Oatka · 6 replies
    gCaptain ^ | Feb. 21, 2018 | gCaptain Staff
    The LNG carrier Oak Spirit transits the Expanded Panama Canal with a cargo LNG loaded from Cheniere’s Sabine Pass terminal. Photo Credit: Teekay Executives from U.S. LNG exporter Cheniere Energy met with representatives from the Panama Canal this week in Panama to discuss the waterway’s growing LNG vessel segment. (Underlines mine.) Since the opening of the Expanded Panama Canal in 2016, LNG has emerged as the fastest-growing segment for the waterway in part due to the United States emergence as a gas supplier to Asia and other global markets. To date, the Canal’s Neopanamax locks have transited more than 280...
  • What Happens When You Don't Build Natural Gas Pipelines?

    01/07/2018 2:44:45 PM PST · by TigerLikesRooster · 20 replies
    Forbes ^ | JAN 7, 2018 | Jude Clemente
    What Happens When You Don't Build Natural Gas Pipelines? Jude Clemente , CONTRIBUTOR The answer to the question posed is a really, really bad chain reaction: magnified during winter and peak demand...with a pipeline shortage...a natural gas shortage is created, prices for both natural gas and electricity skyrocket, CO2 emissions go up because more carbon intensive fuels are forced to compensate. Headquartered in New York, New Jersey, and New England (hereafter the "Northeast"), the devastating consequences of the anti-pipeline business just reared its ugly head again as we faced the coldest temperatures since The Polar Vortex of 2013-2014. Two of...
  • New England's Absurd Energy Policies Exposed by Bomb Cyclone

    01/05/2018 10:52:16 PM PST · by Oshkalaboomboom · 31 replies
    newsmax ^ | Jan 05, 2018 | Tom Borelli
    The cold blast hitting the U.S. is exposing the absurdity of left-wing energy policies in New England. Natural gas prices are skyrocketing in the region as the gas demand for both heating and electricity exceeds supply. ISO New England issued a “cold weather watch” for January 5 to alert the wholesale power market to a surge in demand for the weekend, as temperatures are expected to plummet. The grid operator believes it has enough power, but the demand could exceed supply. Don’t blame the weather for soaring energy prices and possible electricity shortages; blame the left-wing politicians and radical environmentalists...
  • Fleet of robotic ships, subs, and satellites is the future of offshore drilling: Study

    01/03/2018 8:31:08 AM PST · by Oshkalaboomboom · 1 replies
    Washington Examiner ^ | Jan 03, 2018 | John Siciliano
    A fleet of drone ships would be a key part in staving off another major offshore oil disaster in the Gulf of Mexico, according to a new report issued by a task force created after the worst oil spill in the energy industry's history. The National Academies of Sciences' Gulf program issued a report Wednesday that calls for the creation of a fleet of robotic ships, miniature drone-like submarines and underwater gliders to track oil flows along the Gulf's sometimes unpredictable underwater currents. Tracking oil's movements under the water, not just at the surface, became a key problem after the...