Tagged with Oil

Economic Analysis of Methane Emission Reduction Potential from Natural Gas Systems

ICF for ONE Future http://bit.ly/1UjMFv1 (paper) http://bit.ly/24kHHE9 (press release0 [From a Greenwire article by Amanda Reilly, sub. req’d] A new study commissioned by a group of oil and gas companies found that the cost of reducing industry methane emissions is higher than previously estimated… The study’s results equate to an average cost of $3.35 per thousand cubic … Continue reading

Application of Remote Real-Time Monitoring to Offshore Oil and Gas Operations

Transportation Research Board http://www.nap.edu/read/23499/chapter/1 [Oil and Gas Journal]A new National Academies of Sciences, Engineering, and Medicine report recommends ways the US Bureau of Safety and Environmental Enforcement could apply remote real-time monitoring (RRTM) to improve the safety and reduce the environmental risks of offshore oil and gas operations… The oil and gas industry is moving … Continue reading

Fugitive Emissions from the Bakken Shale Illustrate Role of Shale Production in Global Ethane Shift

Geophysical Research Letters (April 26, 2016; doi: 10.1002/2016GL068703) / by E. A. Kort, et al. http://onlinelibrary.wiley.com/doi/10.1002/2016GL068703/full [From Press Release] A single U.S. shale oil field is responsible for much of the past decade’s increase in global atmospheric levels of ethane, a gas that can damage air quality and impact climate, according to new study led … Continue reading

Infrastructure Needs of Oil and Gas Industry Revised Down: Report

North American Midstream Infrastructure Through 2035: Leaning into the Headwinds ICF International for the Interstate Natural Gas Association of America http://www.ingaa.org/File.aspx?id=25974 [Union of Concerned Scientists blog] The pipeline owners’ trade association, the Interstate Natural Gas Association of America (INGAA), has just released an update of their vision of the future. Due to lower wholesale prices for … Continue reading

Statistical Analysis of Straits of Mackinac Line 5 Worst Case Spill Scenarios

University of Michigan, Graham Sustainability Institute, Water Center http://graham.umich.edu/water/project/mackinac-oil-spill (full report) http://bit.ly/1MNZe4O (summary titled “Worst Case Oil Spill: High Risk Areas Near the Straits of Mackinac” [From Press Release] A new U-M Water Center report highlights the use of a computer model to predict the fate of a hypothetical oil spill in the Straits of … Continue reading

Oil Fee Issues (CRS Report)

Congressional Research Service http://1.usa.gov/1QursB4 [Oil and Gas Journal] A new Congressional Research Service (CRS) report examines eight important questions about US President Barack Obama’s proposed crude oil tax, US Senate Energy and Natural Resources Committee Chair Lisa Murkowski (R-Alas.) said as she released a third CRS study following the president’s initial announcement (OGJ Online, Feb. … Continue reading

Proposed $10/Barrel Tax on Oil Could Slow Economic Growth: CRS Memo to Senate Committee

Congressional Research Service http://1.usa.gov/1Se4MXw [E&E News PM article by Ariel Wittenberg, sub. req’d] President Obama’s proposed $10-per-barrel oil fee could slow economic growth, the nonpartisan Congressional Research Service wrote in a memo to the Senate Energy and Natural Resources Committee. The Obama administration announced its proposal last week to charge oil companies to pay for … Continue reading

Will We Ever Stop Using Fossil Fuels?

Journal of Economic Perspectives (Winter 2016, v30 n1 p117-38; DOI: 10.1257/jep.30.1.117) / by Thomas Covert, et al. https://www.aeaweb.org/articles.php?doi=10.1257/jep.30.1.117 http://bit.ly/1Ksvqth (working paper version) [From a Climate Wire article by Gayathri Vaidyanathan, sub. req’d] Nations will not wean themselves off fossil fuels in the next century unless there are aggressive government policies to prod them, according to … Continue reading

Canadian Crude Oil Transportation: Comparing the Safety of Pipelines and Railways

Oliver Wyman for the Railway Association of Canada http://bit.ly/1Qv82gI [Green Car Congress] Railways and pipelines are equally safe means of transporting crude oil, according to a report comparing safety data for each mode. The report—Canadian Crude Oil Transportation: Comparing the Safety of Pipelines and Railways—was published by consultant group Oliver Wyman last month, and was … Continue reading