Tagged with Oil

Interactions between a Federal Carbon Tax and Other Climate Policies

Columbia University SIPA, School on Global Energy Policy / by Justin Gundlach, Ron Minsk and Dr. Noah Kaufman https://bit.ly/2UCmcRP [Axios]  A Columbia University energy think tank published a new paper [executive summary attached] that offers a framework for considering policies that are either complementary or redundant with a tax on emissions from fossil fuel combustion and industrial … Continue reading

ADVANCED FOSSIL ENERGY: Information on DOE-Provided Funding for Research and Development Projects Started from Fiscal Years 2010 through 2017

US Government Accountability Office https://www.gao.gov/products/GAO-18-619 Fossil fuels—coal, oil, and natural gas—will likely continue to be the major source of U.S. energy. The Department of Energy funds research and development (R&D) for innovative fossil fuel technologies. In the period we reviewed, the department provided $2.66 billion for 794 such projects. Among other things, we found: 42% … Continue reading

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