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Energy Tomorrow Blog

The Energy Revolution – The View From the White House

oil and natural gas development  access  president obama  congress  energy policy  economic benefits  trade  regulation 

Mark Green

Mark Green
Posted February 26, 2015

The president’s Council of Economic Advisers (CEA) understands the significance of the U.S. energy revolution quite well – reflected in the energy chapter of its recent 2015 Economic Report of the President.

The chapter should be widely read by policymakers, from the president and Congress on down, because it notes the role of surging domestic oil and natural gas production in the ongoing energy revolution. From there it’s possible to identify needed policies for the future.

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Regulation, Access and Energy

american energy  regulation  fracking  texas  ohio  pipelines 

Mary Leshper

Mary Schaper
Posted February 26, 2015

The Daily Signal: Although the White House Council of Economic Advisers’ annual report to Congress largely restates the President’s State of the Union address on “middle-class economics,” it includes a welcome suggestion. This glimmer of hope is a lone, but surprising sentence in the report’s energy chapter: “The regulatory structure for addressing local environmental concerns, especially around land and water use [for hydraulic fracturing operations], exists primarily at the State and local level.” If the Obama Administration were to take the advice, it would mark a positive step in the right direction after years of moving in the opposite direction.

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More Good News on Methane Emissions – Again

methane emissions  natural gas production  hydraulic fracturing  regulation  epa 

Mark Green

Mark Green
Posted February 10, 2015

Standout findings in a new major field study on methane emissions from natural gas collection and processing facilities across 13 states, led by Colorado State University include a couple of points:

First, of 130 facilities that collect natural gas from production wells, remove impurities and deliver it to inter- and intrastate pipeline networks,  101 had methane loss rates below 1 percent – including 85 of the 114 gathering facilities and all 16 of the processing plants studied. Put another way, methane containment at these facilities is more than 99 percent.

Second, the majority of emissions resulted from abnormalities involving broken or faulty equipment – issues that are relatively easy to address.

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The Ozone Regulatory Revolving Door

ozone standards  epa  regulation  air quality  economic impacts  job losses 

Mark Green

Mark Green
Posted February 3, 2015

Politico reports (subscription required) that the White House Office of Management and Budget on Friday finished review of EPA’s final rule to set state implementation plan requirements for the agency’s 2008 ozone standards.

Here’s the significance of that piece of wonky news: Even before EPA has finished telling the states how to implement the 2008 ozone standards, the agency already is well into setting new, potentially stricter standards. Regulation for regulation sake? It would be hard to find a better illustration.

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Ozone Science, Facts Should Guide Public Debate

ozone standards  air quality  economic impacts  job losses  epa regulation  policy 

Mark Green

Mark Green
Posted January 29, 2015

With EPA opening public hearings (subscription required) on its proposed new ground-level ozone standards, it’s important that we not let some key facts get lost in the wave of comments and anecdotes that results when there’s an open microphone available.

At issue is EPA’s plan to make more restrictive the National Ambient Air Quality Standard for ozone, from the current 75 parts per billion (ppb) to between 65 and 70 ppb. The agency is collecting input until mid-March before finalizing the rule this fall.

We’ve made the case before that the existing standards are working, that our air is getting cleaner and will continue to do so with the current rule. In short, there’s no good reason to make the standards more stringent. That’s what the science shows, as experts detailed at EPA’s hearing in Washington, D.C. (here and here). Indeed, EPA’s own data shows that ozone levels have fallen 33 percent since 1980, including 18 percent since 2000.

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Seizing Our Energy Moment

crude oil  exports  infrastructure  permit delays  regulation  education  hydraulic fracturing  fracking  pipelines  new york natural gas 

Mary Leshper

Mary Schaper
Posted January 22, 2015

The Bakken Magazine: “Do not pass Go. Do not collect $200.”

This is the dreaded phrase on the “Go to Jail Card” that you’ve likely drawn, or at least heard of, when playing the game of Monopoly. Drawing this card is an all-around bummer. You lose a chance at scooping up valuable property before others do, you don’t get to collect $200 that you might need to purchase property, and it increases the chance that you lose the game. But at least it’s just a game. Right?

Wrong. What many people probably don’t realize is that we’re in a real-life game similar to Monopoly, but this one is focused on the global oil market, not property. And, it just so happens that we’re stuck holding the “Do not pass Go” card.

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The Possibilities of Resilient American Energy

us energy  gasoline prices  crude oil  exports  trade  economic benefits  oil and natural gas production  keystone xl pipeline  fracking  regulation 

Mark Green

Mark Green
Posted January 16, 2015

Bloomberg: Ending restrictions on U.S. crude exports could cut gasoline prices as much as 12 cents a gallon, a Columbia University study co-written by a former adviser to President Barack Obama has concluded.

Without the partial ban, domestic production might increase as much as 1.2 million barrels a day by 2025, making the U.S. more resilient to global supply disruptions, according to the study.

“Easing energy export restrictions does not raise gasoline prices for consumers,” Jason Bordoff, a former energy and climate adviser to Obama who is now director of the Center on Global Energy Policy at Columbia University, said in a telephone interview.

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Energy’s Continued Decline on Federal Lands

oil and natural gas development  federal lands  regulation  permitting  access  leasing  blm 

Mark Green

Mark Green
Posted January 15, 2015

Charting some of the latest Bureau of Land Management (BLM) data on federal oil and natural gas activity – which mostly shows continuing decline.

First, BLM issued fewer new oil and natural gas leases in fiscal year 2014 than in any year since FY1988. That year 9,234 new leases were issued, a number that fell to 1,157 in FY2014. Last year’s number was a retreat from FY2013, when 1,468 new leases were issued.

Other indicators also show declining oil and natural gas opportunity in areas controlled by the federal government.

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The New Move to Regulate Methane

shale energy  methane emissions  emission reductions  regulation  epa ghg regulations  oil and natural gas development  american petroleum institute 

Mark Green

Mark Green
Posted January 15, 2015

As we look at the Obama administration’s plan to impose new regulations on methane emissions from oil and natural gas operations, some important points.

First, when it comes to methane emissions, the White House is focusing on a relatively small piece of the big picture. Data from EPA’s Greenhouse Gas Reporting Program shows that methane emissions from natural gas and petroleum systems (161.6 million metric tons of carbon dioxide equivalent) represent just 28.5 percent of total methane emissions (567.3 million metric tons CO2 equivalent). That’s a fairly small wedge in the overall pie.


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2014 in Energy Charts

access  crude  crude markets  domestic energy  e15  economic benefits  emissions  energy regulation  epa  fracking  gasoline prices  global markets  horizontal drilling  hydraulic fracturing  methane emissions  offshore access  oil and natural gas development  ozone  regulation  renewable fuel standard 

Mark Green

Mark Green
Posted December 31, 2014

So long, 2014. From an energy standpoint, you’ll be missed. Let’s count the ways:

Surging domestic oil and natural gas production – largely thanks to safe hydraulic fracturing and horizontal drilling – is driving an American energy revolution that’s creating jobs here at home and greater security for the United States in the world.

It’s a revolution with macro-economic and geopolitical impacts, for sure. But it’s also a revolution that’s benefit virtually every American.

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