Our Thanks to Consumer Energy Alliance For This Week’s News Clips Relevant to NGP Readers
Monday, August 1st, 2016
The Wall Street Journal: The Trans-Alaska Pipeline Will Dry Up Without New Oil *CEA Mention
The good news is the Arctic possesses abundant onshore, nearshore and offshore oil resources, and Alaskans support finding and using those resources. A 2014 poll by the Consumer Energy Alliance found that 73% of Alaskans support developing the Arctic offshore for oil and gas.
Consumer Energy Alliance President David Holt. NGP File Photo by Dave Harbour
Walpole Times: A march to higher energy bills *David Holt
Do you have four days off from your job to march 43 miles and protest logical commonsense infrastructure supported by a majority of Bay Staters? Anti-fossil fuel extremists who want to raise your energy bills do.
The Hill: Trump indicates towns, states should be able to ban fracking
Donald Trump seemed to support state and local bans on fracking in a Colorado interview Friday. In a departure from the usual position of Republicans and the wishes of the oil and natural gas industry, the GOP nominee for president said he thinks voters should be able to ban fracking at the state and local level, despite his personal support for the practice.
Associated Press: Al Gore’s daughter goes to court after gas pipeline protest
Former Democratic Vice President Al Gore’s daughter and other activists arrested during a natural gas pipeline protest in Boston have returned to court.
New York Times: Climate Change Divide Bursts to Forefront in Presidential Campaign
During the 2012 race for president, the issue of climate change was nearly invisible. President Obama and his Republican opponent, Mitt Romney, almost never spoke about it, and it did not come up during their debates. There was far more talk of ramping up oil and gas production than cutting emissions. But this year, as Hillary Clinton thrusts climate change to the heart of her campaign, the issue is taking on a prominence it has never before had in a presidential general election.
The Hill: Clinton walks fine line on carbon tax
Hillary Clinton’s campaign is leaving the door open to supporting a carbon tax, hinting that the Democratic nominee could eventually back the controversial idea.
Bloomberg BNA: Presidential Election Could Affect Air Cases at High Court
The outcome of the presidential election could determine whether the U.S. Supreme Court will revisit two pivotal Clean Air Act cases that deal with power plant regulations for greenhouse gases and air toxics.
Reuters: Oil prices fall 2% as oversupply weighs on market
Oil prices fell on Monday morning, reversing earlier gains, as increases in OPEC production and U.S. oil rig additions continued to weigh on the market.
Pittsburgh Post-Gazette: States show they can sometimes stop earthquakes
Kansas and Oklahoma, which acknowledge that humans are causing earthquakes, have shown they can stop them. After restricting oil and natural gas operations in certain hotspots, Oklahoma has an average of two earthquakes a day, compared with about six a say last summer. Kansas is getting about a quarter of the quakes it once did.
Science Daily: Waste from test fracking wells safe to be on highways, research concludes
Researchers at West Virginia University studied drilling wastes produced at two research wells near Morgantown and found they are well below federal guidelines for radioactive or hazardous waste.
Reuters: Still waters: U.S. to crack down on ocean noise that harms fish
The National Oceanic and Atmospheric Administration will release a detailed plan later this year that is designed to reduce ocean noise and the resulting effects on marine life. The plan could compel reductions in noise-making activities off the coast of the US, including oil exploration.
McKinsey: Five strategies to transform the oil and gas supply chain
Companies in the oil and gas supply chain have gone from boom to bust in the past two years. Here are five strategies oil-field service and equipment companies are exploring to adjust to the changing environment.
OilPrice.com: Oil Relieved as Rig Count Shows Negligible Gain
The U.S. oil and gas rig count was up only one rig this week, defying a significantly higher upwards trend reported by Baker Hughes for multiple weeks running.
KUOW-FM – Seattle: Washington AG Voices Opposition Over Vancouver Oil Terminal
Washington state Attorney General Bob Ferguson has voiced his opposition to a proposed oil-by-rail terminal in Vancouver, Wash. The terminal would have a capacity of 360,000 barrels per day.
Santa Fe New Mexican: New Mexico Environment Secretary Flynn resigns
New Mexico Environment Department Secretary Ryan Flynn, who led a fight against the U.S. Environmental Protection Agency this year over waterways tainted by a mine spill and was at the helm of the department when a radiation leak shut down a federal nuclear waste storage site in Carlsbad, is stepping down next month.
The Daily Sentinel: Revenue nosedive continues at county
Money will only grow tighter for Mesa County as the lull in energy prices takes a continued toll on severance and property taxes and — officials fear — sales taxes.
Associated Press: Feds cancel energy leases in White River National Forest
A much-anticipated Bureau of Land Management decision Friday to move forward with plans to cancel 25 previously issued but never-developed oil and gas leases in the Thompson Divide region met with the usual praise from conservation groups and industry criticism.
Fuel Fix: Energy companies find at least one benefit of downturn
Oil companies, bludgeoned by the drop in oil prices, have been working feverishly to cut the cost of pulling a barrel of oil out of the ground. Exxon Mobil and Chevron both revealed how far they’ve been able to reduce drilling costs — and in the nick of time.
Natural Gas Intelligence: Golden Pass LNG Export Project Gets Final EIS
FERC staff issued a favorable final environmental impact statement (FEIS) for the Golden Pass liquefied natural gas (LNG) export project in Texas. The project would entail expansion of an existing LNG import terminal to add liquefaction and export capability and construction of a short natural gas pipeline.
Midland Reporter-Telegram: Energy companies reduce drilling costs in Permian
Oil companies, bludgeoned by the drop in oil prices, have been working feverishly to cut the cost of pulling a barrel of oil out of the ground.
The Telegraph: Texas shale oil has fought Saudi Arabia to a standstill
OPEC’s worst fears are coming true. Twenty months after Saudi Arabia took the fateful decision to flood world markets with oil, it has still failed to break the back of the U.S. shale industry.
Pittsburgh Tribune-Review: Marcellus shale drillers start to come off sidelines as gas prices rebound
A rebound in natural gas prices and signs that a constrained market is loosening up are providing a glimmer of optimism for some top Marcellus shale producers.
Tampa Bay Times: Canada Report: Rising concerns over oil spill, pipeline safety
Cities and towns along the North Saskatchewan River were looking for other sources of drinking water after a Husky Energy pipeline spilled up to 66,000 gallons of oil into the river earlier this month.
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