Energy Tomorrow Blog
Posted April 23, 2020
While the current decline in crude oil demand and market uncertainty present significant challenges, America’s natural gas and oil producers – especially those using hydraulic fracturing and horizontal drilling – are resilient and remain financially viable, supported by the world’s need for energy.
Contrary to some narratives, our industry is poised to fuel renewed growth once the U.S. and other nations get past the COVID-19 crisis. Natural gas and oil have and will again power modern economic expansion.
Posted April 21, 2020
Experienced industry hands say they’ve never seen anything like Monday’s trading on May futures contracts for West Texas Intermediate crude oil (WTI), which closed in negative territory.
While the natural gas and oil industry certainly isn’t alone in weathering the COVID-19 crisis, our impacts probably are more visible than most other sectors, underscored by Monday’s negative trading on oil futures. Three things to know ...
Posted March 15, 2018
Posted March 18, 2015
The Hill: Business groups are waging war on the Obama administration’s proposal to reduce ozone pollution, arguing the regulations would cripple the U.S. economy.
In order to comply with the proposed rule, many areas of the country would have to all but shut down land development and oil and natural gas drilling, industry groups charged on the final day for comments.
The Environmental Protection Agency (EPA) is being spurred on by greens and health groups, who argue that lower ozone emissions would benefit public health. The agency, they contend, is obligated to adopt the stricter standards.
But the rules would translate to higher electric bills for American families, the American Coalition for Clean Coal Electricity is said in comments it filed Tuesday.
Posted February 5, 2015
Two of the Environmental Protection Agency’s seven statements of purpose reference “best available scientific information” and “accurate information.” These also happen to be two things that many in Washington, D.C., feel that EPA is setting aside in the pursuit of political goals. Yesterday the agency released comments on the Keystone XL pipeline that gave plenty of credence to its critics.
It is somewhat of a shame, because EPA’s comments did make many good points. It acknowledged the comprehensiveness of the State Departments review of the project, the usefulness of mitigation measures the project will take to reduce environmental impact and the reduction of risks associated with spills and leaks from the pipeline. And then we begin to drift from accurate information into political calculation.
Posted March 23, 2012