Michael Giberson The National Wildlife Federation and other environmental groups have been lobbying against the Keystone XL pipeline proposal as a sort of proxy battle against production of crude oil from Canadian tar sands. Robert Hahn and Peter Passell suggest that, as the tar sands will be developed whether or not the pipeline is built, …
Environmental Benefits from the Keystone Xl Pipeline Read More »
Michael Giberson Andrew Rice has a great little story in the New York Times Magazine on the upcoming phaseout of the incandescent light bulb. No, the incandescent bulb has not been “banned,” not exactly. It is just that, a few years ago, Congress agreed to raise energy efficiency standards for light bulbs effective January 1, …
Saying Goodbye to Edison’s Hot Little Light Bulb? Read More »
Michael Giberson Mostly oil and natural gas stories from around the web: The Hill’s E2-Wire, Oil industry: Response to leaks boosts case for pipeline – “The Obama administration’s swift response to leaks at the TransCanada pipeline boosts the case for approving an extension of the line, the oil industry argued Monday.” Logic is: sure the …
Michael Giberson Marathon Oil has agreed to pay $3.5 billion to acquire the Eagle Ford holdings of privately-owned Hilcorp Resources, about $25,000 per acre. The Eagle Ford is primarily a oil shale resource. Among other things, the purchase provides another public data point about the production promise of fracked shale resources. Much of the public …
Another Data Point on Oil and Gas Shale Fracking Profitability Read More »
Michael Giberson The Texas legislature has passed the nation’s first hydraulic fracturing fluids disclosure bill. The governor is expected to sign the bill into law. The text of the bill is available from the Texas Legislature Online website. In summary, a oil or gas well operator performing hydraulic fracturing will have to disclose the volume …
Texas Legislature Passes Fracking Disclosure Bill Read More »
Michael Giberson Koch Industries and various groups supported by the Koch brothers’ political donations are opposed the Boone Picken’s plan to provide government subsidies to anyone who makes or buys natural gas power vehicles. The position seems consistent with the Koch’s generally libertarian policy outlook, though the company is involved in the natural gas industry …
Michael Giberson At Streetwise Professor, Craig Pirrong examines the CFTC’s case against alleged oil market manipulators Parnon Energy, Arcadia Petroleum LTD and Arcadia Energy (Suisse), all affiliates of the trading firm Arcadia. Whatever the ultimate merits of the case, he says the CFTC is going to have trouble making the charges stick. In part the …
Michael Giberson Much of the talk about hydraulic fracturing of shale has been about natural gas, but the method is being used to develop oil shale as well. The New York Times is bringing the news to the east coast, “Shale Boom in Texas Could Increase U.S. Oil Output,” and Texas newspapers have been covering the …
Michael Giberson Kenneth Green hosted a panel discussion on the environmental consequences of hydraulic fracturing at the American Enterprise Institute. Panelists were: Ron Bailey of Reason Magazine, Mark Brownstein from the Environmental Defense Fund, Timothy Considine from the University of Wyoming, and Amy Mall of the Natural Resources Defense Council. The video above is just a short sound bite by Ron Bailey, …
Michael Giberson [youtube=http://www.youtube.com/watch?v=AQDRcCQHDlw&w=450&h=278] Michael Webber, mechanical engineer and Associate Director of the Center for International Energy and Environmental Policy at the University of Texas at Austin, provides a look at society’s changing relationship to energy as revealed in movies (and the occasional TV clip) in “Energy at the Movies.” At just over an hour and …
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