Energy Tomorrow Blog
Posted November 1, 2013
Lawmakers Urge EPA to Change Fuel Mandate
The Hill: More than 100 lawmakers are calling on Environmental Protection Agency chief Gina McCarthy to reduce the amount of ethanol that oil refiners must blend into gasoline next year.
Signed by 169 House members, the letter sent to McCarthy on Thursday urged the EPA to lower the renewable fuel standard (RFS), arguing the current mandate is unrealistic.
"Whether it’s increasing amounts of ethanol in fuel or higher food and feed prices, the RFS continues to negatively impact American consumers and the economy," Rep. Bob Goodlatte (R-Va.) said in a statement.
Posted January 17, 2013
America’s newfound abundance of natural gas resources is a boon to the nation. It is creating jobs, reducing home heating and electric bills and lowering energy and raw materials costs for businesses. … And the opportunity to do more is before us – to produce more natural gas, spur additional economic activity and create even more jobs – by serving international markets as well as American ones.
Posted January 11, 2013
Here’s one of the main things wrong with arguments some are making against the export of U.S. liquefied natural gas (LNG): They substitute narrow interests and agendas for the proved economic benefits of free trade to the entire United States – long demonstrated in the sale of countless other U.S. commodities to overseas buyers.
Posted January 9, 2013
The U.S. Energy Information Administration’s Short-Term Energy Outlook released this week contains two important crude oil stats:
- U.S. domestic production is expected to continue growing rapidly over the next two years, from an average of 6.4 million barrels per day (bbl/d) last year to 7.3 million bbl/d in 2013 and 7.9 million bbl/d in 2014. Much of the production growth will come from drilling in tight plays in the Williston (North Dakota and Montana), Western Gulf and Permian basins (Texas).
- U.S. liquid fuel imports, including crude oil, are expected to decline to an average of 6 million bbl/d by 2014. EIA says the net import share will average 32 percent in 2014 “because of continued substantial increases in domestic crude oil production.”
Posted December 18, 2012
Posted August 27, 2012
Ridiculing a New York Times editorial blog is like shooting unusually large fish in a barrel, but this one from last Friday is so fantastical and extreme that a commitment to an honest debate on energy compels me to fire away. And we don’t have to go far to start the fact check, as they lead with:
"The simple truth, as President Obama has recognized, is that a country that holds less than 3 percent of the world’s reserves but consumes more than 20 percent of the world’s supply cannot drill its way to energy independence."
Posted June 7, 2012
Posted June 6, 2012
Posted May 22, 2012
Posted May 21, 2012