Long-term Gulf of Mexico deepwater development could be seriously jeopardized if permitting timelines are extended, according to a new analysis by Wood Mackenzie. The study projects nearly one-third of U.S. deepwater production could be rendered uneconomic, which could significantly impact deepwater production, resulting in less energy production, less investment and less revenue to government. “The [...]
Future of Drilling in Gulf of Mexico in Jeopardy
January 25th, 2011 · 2 Comments
Tags: · american petroleum institute, api, deepwater development, domestic energy production, drilling, Energy, energy production, energy security, foreign sources of energy, Future of Drilling in Gulf of Mexico in Jeopardy, gulf of mexico, lease sale, Obama, obama administration, offshore drilling, oil production, wood mackenzie
Senators Introduce NEPA Certainty Act
April 20th, 2010 · No Comments
Three U.S. senators just introduced new legislation concerning national environmental policy. It’s designed, according to the description found on page one of the bill, “To prohibit the use of the National Environmental Policy Act of 1969 to document, predict, or mitigate the climate effects of specific Federal actions.” I found out about it via this [...]
Tags: · bob bennett, Clean Energy, Climate Change, climate effects, david vitter, Energy, energy production, Global Warming and Climate Change, GLOBULL WARMING, james risch, jobs, john barrasso, mike enzi, national environmental policy, national environmental policy act of 1969, nepa, nepa certainty act, obama administration, pat roberts, power plants, sen bob bennett, sen james risch, sen mike enzi, sen pat roberts, sen. david vitter, Sen. James Inhofe, sen. john barrasso, Senate Committee on Environment and Public Works, senators, Senators Introduce NEPA Certainty Act, subcommittee on clean air and nuclear safety, us senators
Lease Sale Attracts Nearly $1 Billion in High Bids
March 17th, 2010 · 1 Comment
News that the Central Gulf of Mexico Oil and Gas Lease Sale 213, held today in New Orleans, attracted nearly $1 billion in high bids, according to the Department of the Interior’s Minerals Management Service, had leaders in the nation’s oil and natural gas industry excited and calling upon the federal government to replicate the [...]
Tags: · Alaska, american petroleum institute, api, beaufort sea, central gulf lease sale 213, central gulf of mexico oil and gas lease sale 213, chukchi sea, department of the interior, economic growth, Economy, Energy, energy production, energy security, enonomic security, federal government, gulf of mexico, high bids, Jack Gerard, job growth, Lease Sale Attracts Nearly $1 Billion in High Bids, minerals management service, mms, natural gas, new orleans, offshore drilling, oil, oil and gas, Oil and Gas Industry, oil and gas lease sales, oil and natural gas industry, outer continental shelf, pew center, revenues, virginia
Leaders Across USA Demand Congress Muzzle EPA
March 10th, 2010 · 1 Comment
The American Petroleum Institute released the following statement today on two letters — one from 20 governors, the other from 98 business groups — asking Congress to prevent the U.S. Environmental Protection Agency (EPA) from issuing greenhouse gas emission rules: The letters indicate broad-based, growing concern from both state governments and business and industry about [...]
Tags: · air pollutants, american petroleum institute, api, business groups, clean air act, Climate, climate law, Congress, dependence on foreign sources of oil, economies, emission, emission rules, energy production, Environment, Environmental Protection Agency, EPA, epa rules, governors, Greenhouse Gas, greenhouse gas emission rules, investments in domestic oil and natural gas, job creation, Leaders Across USA Demand Congress Muzzle EPA, oil and natural gas, proposed regulations
‘Dry Hole’ Energy Bill Passes Democrat-Led House
September 17th, 2008 · 2 Comments
Oil and gas industry experts described it as a “dry hole” energy bill that “does little to increase oil and natural gas supplies and, in fact, may well result in less domestic production, which would make America more dependent on foreign energy.” Regardless, the Democrat bill that purports to allow more offshore drilling passed by [...]
Tags: · 50-mile buffer, american petroleum institute, api, Bush Administration, Democrat, drilling proposal, dry hole, dry hole energy bill, energy bill, energy production, Foreign Oil, h.r. 6899, high fuel prices, House, House of Representatives, Nancy Pelosi, natural gas, new taxes, offshore drilling, oil, Oil and Gas Industry, outer continental shelf, poison pills, Speaker Nancy Pelosi, veto, Wall Street Journal, White House
