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Energy Tomorrow Blog

Op-ed: Offshore Drilling - Royalties, Jobs, Energy, Great Fishing!

domestic energy  drilling  energy  fl  florida  offshore drilling 

Jane Van Ryan

Jane Van Ryan
Posted November 9, 2009

Walton Sun (Florida) op-ed, authored by geoscientist Al Swiercz and published last week, discussed the benefits of offshore drilling for Florida residents and the United States. Swiercz said that exploration would "not only protect the beauty of our beaches, but allow us to reap the benefits of offshore exploration," including tax revenues, jobs--including "blue-collar" rig jobs which pay upwards of $75,000 per year--and great fishing areas around offshore platforms. 

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Hurricane Ida in the Gulf

domestic energy  hurricanes  louisiana  outer continental shelf  hurricane preparedness 

Jane Van Ryan

Jane Van Ryan
Posted November 9, 2009

At least three oil companies announced yesterday they were shutting in some production as Ida began to bear down on oil and natural gas facilities in the Gulf of Mexico. BP, Chevron and Marathon reduced production and evacuated some of their offshore facilities. Also, the Louisiana Offshore Oil Port (LOOP) stopped offloading tankers as sea conditions began to deteriorate.

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Earnings: A Mixed Bag

earnings  oil companies  oil company earnings  revenue  downstream  upstream 

Jane Van Ryan

Jane Van Ryan
Posted November 6, 2009

Eighteen oil and natural gas companies had reported their third quarter 2009 earnings as of yesterday afternoon, and the results have been a mixed bag. Companies that focus on oil and natural gas production--also called the upstream sector of the business--experienced a better financial quarter than large integrated companies that have both upstream and downstream operations--refining and marketing. The companies that fared worst are in the downstream portion of the business, and some of them actually lost money. 

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Kerry-Boxer Goes to the Floor

climate bill  climate legislation  domestic energy  energy policy  epa  Jack Gerard  kerry-boxer  waxman-markey  senate environment and public works committee 

Jane Van Ryan

Jane Van Ryan
Posted November 5, 2009

The Senate Environment and Public Works Committee today voted to send the Kerry-Boxer climate bill to the Senate floor without amendments. Only Democrats were in attendance for the vote, and Sen. Max Baucus (D-Mt.) voted against the bill, saying he would withhold his support contingent on the adoption of some pro-agriculture amendments. 

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Willing to Pay $200 a Month for Climate Legislation?

climate bill  climate legislation  domestic energy  energy information administration  energy policy  kerry-boxer  waxman-markey 

Jane Van Ryan

Jane Van Ryan
Posted November 4, 2009

A recent poll shows that the more Americans learn about climate legislation, the less they like it. Especially when they realize that it will take money out of their pockets. 

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Did You Know? Report: U.S. Tops in Energy Resources

congressional research service  energy reserves 

Jane Van Ryan

Jane Van Ryan
Posted November 3, 2009

Did you know that the United States has largest energy resources on Earth? You might be surprised to learn that a recent Congressional Research Service (CRS) report found just that. 

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Energy Tomorrow Radio: Episode 93 - Potential Impact of Climate Legislation on Refiners

climate change bill  climate legislation  energy policy  energytomorrow radio  kerry-boxer bill  refineries  waxman-markey bill 

Jane Van Ryan

Jane Van Ryan
Posted November 3, 2009

In this episode, I interview Alan Gelder of Wood Mackenzie, who recently conducted a study on the potential impact of climate change legislation on refiners. 

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Natural Gas = Game Changer

domestic energy  horizontal drilling  hydraulic fracturing  natural gas  technology innovation  wall street journal 

Jane Van Ryan

Jane Van Ryan
Posted November 3, 2009

When energy consultant Daniel Yergin calls unconventional natural gas a "game changer," people listen. And in today's Wall Street Journal op-ed, Yergin and his colleague Robert Ineson of IHS Cambridge Energy Research Associates (IHS CERA) say that the ability to produce natural gas from shale could "transform the debate over generating electricity." 

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"Remarkable" Natural Gas

domestic energy  energy policy  haynesville shale  horizontal drilling  hydraulic fracturing  natural gas  supply  technology innovation 

Jane Van Ryan

Jane Van Ryan
Posted November 2, 2009

"Remarkable" was the word used by Energy Information Administrator Richard Newell last week to describe the sharp rise in U.S. natural gas reserves. In a report issued by his agency last week, Newell noted that U.S. proven natural gas reserves rose 3 percent in 2008.

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Kerry-Boxer Hearings: Day 3

climate bill  climate legislation  congress  energy  kerry-boxer  waxman-markey  environment and public works committee 

Jane Van Ryan

Jane Van Ryan
Posted October 30, 2009

The ongoing debate over the Kerry-Boxer climate bill has tended to focus primarily on two issues: the bill's potential costs and its proposed environmental benefits. But there are at least two other critically important items that have not been addressed adequately by the bill's sponsors. Both were mentioned briefly at yesterday's hearing before the Senate Environment and Public Works Committee hearing. 

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