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Premiers united over 'extraordinary' Energy East pipeline project | video. Calgary Herald
Alberta Premier Jim Prentice and New Brunswick Premier Brian Gallant sat down to talk business about the proposed Energy East Pipeline project on ...
The College of Engineering, Architecture and Technology at Oklahoma State University inducted five industry leaders into its Hall of Fame last Saturday including 1986 Chemical Engineering graduate, Janet Weiss (NGP Photo) now President of BP Alaska.
CEA POLL SHOWS MAJORITY SUPPORT IN KEY STATES FOR OFFSHORE DRILLING:
Consumer Energy Alliance voter polls conducted in three states with pivotal U.S. Senate races finds strong support for allowing oil and natural gas drilling in U.S. waters inside the Arctic Circle. The poll finds Alaska, Georgia and Louisiana each have close races for U.S. Senate that will indicate the direction of federal policy towards offshore energy. More....
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Also...see our recent commentary on the effect of the Senate races on Alaska energy policy. -dh
How Government Deals With One Invasive Species, The Dandelion
(Point of personal privilege)
This is, admittedly, a pet peeve. The only way I could relate the dandelion invasion to our study of energy, is to make a point that bureaucracies will never be as efficient with public dollars as citizens are with family dollars.
As a homeowner, I go out and dig up every new dandelion. My wife plants a wonderful array of floribunda alaskana every spring. Church volunteers cull dandelions and cultivate daisies.
But government cultivates dandelions and kills desirable species while simultaneously holding 'Invasive Species Workshops'.
This morning I provided a comment to Alaska Business Monthly regarding an upcoming 'Invasive Species Workshop' listed on its Industry News page. I don't know if the organizers will make a dent in the invasion of unwanted species next year. They do justify spending public money on workshops and publications and 'public outreach' -- which incrementally increases the demand for higher taxes. So, hopefully, the effort will produce cost-effective results.
Meanwhile, with a little common sense, at no additional cost and without workshops government planners could significantly slow the spread of one invasive species, the dandelion.
In our primary area of interest and expertise, energy, one notes that with North Dakota oil and gas production being on mostly private property, it flourishes (Also note Texas, Pennsylvania, Ohio, etc.). But in federal areas, bureaucracies stop production before it begins while cultivating their own, invasive bureaucratic growth. For example, observe the gold plated offices, in Anchorage, inhabited by Department of Interior agencies along with their hundreds of employees, including huge public relations staffs. And, what is their demonstrated, primary role: stopping human activity in a state whose Constitution requires development of natural resources.
The invasive dandelions of government are protected while entrepreneurial daisies and poppies are cut down and eventually culled out of existence.
To continue this little allegory, below we reprint for your information and, perhaps, entertainment, "A Dandelion Story", slightly modified for our readers.
P.S. If Invasive Species Workshop participants do make a dent this coming year in stopping or slowing the growth of invasive species -- particularly the dandelion invasion -- we will look forward to receiving information from them and including it in our searchable archives. We know these public employees are well intended and we look forward to hearing about their results.
Commentary for readers: Alaska Business Monthly (as modified)
A government-sponsored "Invasive Species Workshop" will occur October 28-30 in Anchorage (www.alaskainvasives.org).
Government agencies have generally ignored the invasive species 'elephant in the room', the ubiquitous dandelion.
From public rights of way, dandelion seeds attack neighborhood lawns and establish beach heads throughout our wilderness.
We plant daisies and poppies in the rights of way to meet beautification / landscaping / environmental standards for federal dollars. But the folks who make the plans don't maintain the projects.
Then, dandelions invade. The dandelions are first to pop up in May and early June. Smart maintenance managers could mow then, before yellow dandelion flowers go to seed and before delicate poppy and daisy heads pop up.
But no. Maintenance managers allow the dandelions to flower then go to seed, just as the wonderful poppies and daisies are coming up in mid to late June. The street/highway maintenance managers then send out the lawn mowers to cut down the dandelions just as they are going to seed, spreading the invasive seed, while simultaneously cutting off the heads of daisies and poppies before they can develop seeds.
Most summers there is a bumper crop of dandelions in August. Simultaneously, a few remaining daisies and poppies try again to propagate--just in time for the 2nd mowing.
At the forest edge of East Northern Lights Blvd. in Anchorage, where mowing does not occur, the daisies flourish and dandelions are sparse.
Where the miscoordinated mowing occurs, the expensively planted daisies and poppies die off for lack of progeny while the invasive dandelions multiply with help from street/highway maintenance managers.
Other government agencies also cultivate the invasive species in this way. The Anchorage School District, with its own thoughtless mowing practices, is a major cultivator of invasive dandelions whose seeds invade nearby neighborhoods throughout the city.
It seems that an "Invasive Species Workshop" goal should be to "pick the low-hanging invasive fruit". By simply changing the mowing schedules, maintenance managers could cheaply and efficiently accomplish two goals:
1. They could restrain the propagation of the most invasive of plant species, while
2. simultaneously protecting taxpayer landscape investments intended to beautify public rights of way and other government properties.
(STILLWATER, Okla., October 13, 2014) – The College of Engineering, Architecture and Technology at Oklahoma State University inducted five industry leaders into its Hall of Fame on Saturday, Oct. 11. More than 250 people were present at the ConocoPhillips Alumni Center to recognize the achievements of those extraordinary individuals.
Hall of Fame inductees included Debbie Adams (’83 Chemical Engineering), Harold Courson (‘52-‘55 Engineering), Jeff Hume (‘75 Petroleum Engineering Technology), David Timberlake (‘65 Architectural Engineering) and Janet Weiss (‘86 Chemical Engineering).
These distinguished professionals were honored by OSU for their exceptional leadership and contributions to advancing the fields of engineering, architecture and technology.
Debbie Adams currently serves as the Senior Vice President of Phillips 66 based in Houston, Texas. After graduating from OSU with her chemical engineering degree in 1983, she began her career in oil and gas as a process engineer with Conoco. She worked in several capacities for the company, including roles that took her to Sweden and England after the 2002 merger that created ConocoPhillips. During the most recent transition that resulted in the formation of Phillips 66, Adams was named the President of Transportation and promoted to Senior Vice President. She currently serves on the Board of Trustees and Board of Governors for the OSU Foundation.
Harold Courson attended the engineering program at Oklahoma A&M from 1952-1955 before leaving to pursue the oil and gas drilling business. He purchased speculative gas leases in the Texas panhandle and founded Courson Oil and Gas in 1960. His company drilled two of the first horizontal wells in the early 1970s, one of which is still producing today. He has served three terms as Mayor of Perryton, Texas, and is currently the Chairman for Courson Oil and Gas, Inc. and Natural Gas Anadarko Company. Courson was one of 100 recognized as a History Maker of the High Plains by the Amarillo Globe-News.
Jeff Hume is a 1975 Petroleum Engineering Technology graduate who began his career prior to his time at OSU. Immediately following high school, Hume worked as a roustabout in the oil fields outside Enid. He soon realized his passion for the industry and came to Stillwater to obtain his degree. Since that time, he has been a leader for Continental Resources, Inc. for more than 30 years. Hume is a registered professional engineer and member of the Society of Petroleum Engineers. He is currently the Vice Chairman of Strategic Growth Initiatives for Continental Resources, Inc.
A 1965 Architectural Engineering graduate, David Timberlake received his degree and joined the Army Corps of Engineers before transitioning to the private sector. In Washington D.C., he worked in structural engineering and construction inspection for government buildings. There he met an influential colleague who led him on the path to founding his own company — Timberlake Construction. The company has built structures in 48 of the 50 states and its founder currently serves as Chairman and CEO.
Janet Weiss brought her love for math and science, especially chemistry, to OSU when she enrolled in the Chemical Engineering program. Her father, Dr. Franklin Leach, was a professor of biochemistry at OSU, so Janet grew up gaining a love for learning from her father and the university. She graduated in 1986 and began her career at ARCO, where she moved through the ranks. For the past 14 years, Weiss has worked for BP, and she has been a leader in the oil and gas industry. She currently serves as President of BP Alaska and is a published author on the Kuparuk River Field. Weiss is an active member of the Alaska Oil and Gas Association Board, University of Alaska Fairbanks Advisory Board and the Anchorage United Way Board.
Following Saturday’s ceremony, the College of Engineering, Architecture and Technology has recognized 101 Hall of Fame inductees.
For more information on the College of Engineering, Architecture and Technology at OSU, visitwww.ceat.okstate.edu
Senate Energy and Natural Resources Committee Communications Director, Robert Dillon (NGP Photo), wrote us this morning, "The New York Times recently ran an article with a headline pronouncing the “end” of Alaska’s energy boom. The reporter focused on how economic anxiety is affecting the state’s Senate election, but in doing so, missed a critical point about Alaska’s “dwindling” production: the main reason it continues to fall is because the federal government refuses to allow access to the vast resources on federally controlled lands." Here is the NYT article, by Kirk Johnson. Below is Dillon's full response which we recommend to all of our readers. -dh
Response To NYT Alaska Energy Article
Today's Other Energy Links:
CBC. A meeting report between Prime Minister Stephen Harper and new Alberta Premier Jim Prentice, "...Prentice campaigned on that experience and has highlighted the importance of market access for Alberta oil during his time as premier so far."
World Energy News. Russia's state-controlled gas company Gazprom may drop its Vladivostok LNG project in Russia's Far East in favour of pipeline gas supplies to China, the firm's Chief Executive Alexei Miller told reporters ... (today).
Fairbanks News Miner Op-Ed by Bruce Campbell. ...no one has done more to impede and slow the development of Alaska’s natural gas than (Bill) Walker. If this is his idea of “support,” voters need to be wary of his claims to “support” any issue....
Huffington Post. Outside super PACs have played a major role supporting Sen. Mark Begich (D) as he faces a tough re-election race against former Alaska Natural Resources commissioner Dan Sullivan (R). (We recently analyzed the effect of this race on energy policy. -dh)
We certainly accept the premise of the New York Times article. Falling production is provoking economic anxiety, bordering on an economic crisis, in Alaska. Yet, it is also completely unnecessary, because there’s plenty of oil in Alaska. In its Annual Energy Outlook for 2014, the Energy Information Administration estimates that Alaska – alone – has 38 billion barrels of technically recoverable oil. Some of that oil is located on state lands, in the form of reserves at existing fields. But the lion’s share is in the Outer Continental Shelf (23 billion barrels), the non-wilderness portion of the Arctic Coastal Plain (over 10 billion barrels), and the National Petroleum Reserve-Alaska (roughly 1 billion barrels).
It’s also important to keep in mind that whenever Alaskans are actually allowed to look for oil, we tend to find more than expected. So in a massive state with huge swaths of land that remain unexplored, 38 billion barrels could ultimately prove to be an underestimate. Certainly, that was the case with Prudhoe Bay, which is now at 17 billion barrels produced and counting.
For today’s purposes, though, we’ll stick with EIA’s number: 38 billion barrels of oil. How much is that, exactly? Well, if produced at a rate of 1 million barrels per day, Alaska’s oil would last for 38,000 days – or about 104 years. If production is allowed to reach even higher rates, Alaska could have enough resource in the ground to replace nearly 30 years of oil imports from OPEC or more than 50 years of oil imports from the Persian Gulf.
The problem is that the federal government, which controls more than 60 percent of the land in Alaska, has repeatedly blocked efforts to develop our resources. Despite President Obama’s willingness to take credit for rising production on state and private lands in the Lower 48, his real record is best revealed in places like Alaska. He and his administration have repeatedly denied access to promising lands; blocked or delayed the approval of roads and bridges needed so that production can begin; and issued regulations that fail to hold up in court.
It’s usually more instructive to judge someone by their actions rather than their words, and the Obama administration is no different. The administration has now locked up half – more than 11 million acres – of the NPR-A, an area explicitly reserved for energy production. The administration is “revising” the management plan for the Arctic coastal plain; most interpret that as a plan to lock the area up as wilderness after the election, even though Congress has repeatedly rejected bills seeking the same. The administration is also rewriting its rules for offshore exploration in Alaska and subsequently delaying efforts to return to an area that was safely explored and successfully drilled more than 20 years ago.
President Obama is not pursuing an “all of the above” strategy in Alaska. Instead, his administration’s restrictions are now inducing levels of economic anxiety in local residents that the New York Times has deemed worthy of the national spotlight. We appreciate the coverage, but what we’d really like is a president and a Senate that will work with us to solve the problem – by producing more of Alaska’s energy.
Yesterday, we reported on the LNG export application filed by Alaska LNG project sponsors with the Department of Energy; today, we link you to reports from two of Alaska's most prolific oil industry reporters (-dh):
Peninsula Clarion by Tim Bradner (NGP Photo). An application was filed Friday for the U.S. Department of Energy export permit for the project. North Slope producers, TransCanada Corp. and the state of Alaska asked for permission to export up to 20 million metric tons yearly of liquefied natural gas, or LNG, from Alaska, the group announced in a press release.
Alaska Dispatch by Alex DeMarban (NGP Photo). The Alaska gasline mega-project took a step forward on Friday with the state’s major oil companies filing an application with the Department of Energy to export liquefied natural gas.
TODAY'S ENERGY IN DEPTH ENERGY LINKS:
Rep. Jared Polis’ anti-HF crusade riles Colorado. Washington Times. “If he goes ahead and puts these measures on the ballot, he will be the standard-bearer of far-left green groups, clueless celebrity activists and ultrarich environmental donors who want to effectively wipe out domestic oil and gas production across Colorado and the rest of the nation,” said Simon Lomax, Denver-based spokesman for Energy in Depth.
Halliburton Names New President, Profit Rises 20%. Wall Street Journal. Halliburton Co. gave Chief Operating Officer Jeff Miller the added title of president and said he would join the oil-field services giant's board as part of its succession-planning process. The company, which also reported its second-quarter profit rose 20%, said Mr. Miller will complement the leadership of Chief Executive Dave Lesar.
GOP Senators Question IG’s Right To Probe HF. Forbes. “The Obama Administration’s insistent attempt to link hydraulic fracturing to groundwater contamination in an effort to satisfy radical activists and justify greater federal regulations on the oil and gas industry is not only improperly motivated, but it is an example of the waste and abuse of government resources that is the OIG’s very mission to expose and protect against,” the senators wrote.
The Shale Surge: $80 Billion Boom Is Reshaping North America. Market Wired. Shale zone communities have discovered yet another benefit from their surging economic growth: more of everything. Small towns like Williston, North Dakota, which has relatively little retail, are now catching the eye of major brands like Whole Foods and Trader Joe's.
How shale development fractures the Democratic Party. Washington Examiner, Editorial. The fight in Colorado could be repeated in many states with energy resources. Some voters will choose a technologically advanced nation in which each generation improves its economic lot over the last. Others will side with radical environmentalists who obsess about ridding America of all fossil fuels and even repealing the industrial revolution.
Energy infrastructure has to catch up with the shale boom. Pittsburgh Business Times. As producers continue to develop Pennsylvania's shale-gas fields, the challenge will be to develop the infrastructure necessary for moving the gas to the markets, U.S. Department of Energy Secretary Ernest Moniz said Monday.
Natural gas emits half the GHGs of coal over its lifetime – analysis. E&E News (sub. req’d). When it comes to life-cycle greenhouse gas emissions, natural gas -- whether or not it was extracted using conventional methods -- has about half the climate impact of coal, according to an analysis published yesterday in the Proceedings of the National Academy of Sciences.
Shale plays reduce political risk: Kemp. Reuters, Column. Unlike a conventional oil field, shale plays can be scaled up or down more quickly in response to changing perceptions about risk and return. If the political environment becomes less favourable, the drilling programme can be halted or scaled back. In that sense, the capital commitment required by a shale play is less "lumpy" and therefore less risky.
Shale's social license. Oil & Gas Journal. The newfound abundance of oil and gas unlocked by the shale revolution has yielded increased public scrutiny of the oil and gas industry in the US, bringing with it a host of new challenges and opportunities for constructive collaboration.
Corralling Carbon. New York Times. Even the abundant natural gas unleashed by fracking, while cleaner than coal, is a major source of greenhouse gases. Ultimately, many scientists say, those emissions will need to be trapped and stored, too.
Shale reserves in the North West 'worth £10bn'. BBC. Shale gas reserves in part of the North West could be worth £10bn to the economy and support up to 3,500 jobs, a report has claimed. The figures are based on extracting five trillion cubic feet of gas at 30 sites in Merseyside, Greater Manchester and Cheshire between 2017 and 2031.
Is Russia funding Europe's anti-fracking Green protests? Washington Examiner, Op-Ed. That’s the conclusion NATO Secretary General Fogh Anders Rasmussen drew in an explosive speech in London last month, where he said Russia “engages actively with … environmental organizations working against shale gas, obviously to maintain European dependence on imported Russian gas.”
Opponents Renew Call for South African Shale Halt. Bloomberg. A South African environmental group renewed its call for a moratorium on shale-gas fracking, as the government moves closer to a decision on whether to allow the process opponents say imperils water quality.
Questions raised over viability of shale. Belfast Telegraph. Scientists for Global Responsibility (SGR) and the Chartered Institute of Environmental Health reviewed evidence across several issues linked with shale gas extraction by hydraulic fracturing.
La Habra Heights residents form group to fight drilling proposal. Whittier Daily News. McCaskey also said that oil drilling is not new in La Habra Heights. Oil production on the Southern California Gas Co. property dates back to 1912, according to city records. And there are 180 Occidental Petroleum Corp. active wells in the city, according to state records, he said.
Drill into facts in debate over HF. Loveland Reporter-Herald, Editorial. This debate should focus on facts that can be independently verified. That way, voters are more likely to have the best opportunity to study any proposals and reach informed decisions.
HF initiatives are unnecessary. Sterling Journal-Advocate, Column. I'll be the first say that fracking has its dangers. But the same can be said for any industrialized process that creates jobs and makes modern life possible. But the proposed anti-fracking initiatives do nothing to change that and are completely unnecessary. Just vote no.
Corps of Engineers raises questions about St. Tammany HF permit. New Orleans Times-Picayune. The Army Corps of Engineers has raised concerns about a proposal to frack for oil near Mandeville, stating among other things that steps to avoid wetlands impacts have not been taken and noting other possibly less problematic drilling sites have not been considered.
Race for North Dakota's ag commissioner is all about oil. Reuters. With a legislature that meets only every two years, North Dakota has given an unusual amount of power to the agriculture commissioner and two other members of the state's Industrial Commission, charging the triumvirate with oversight of permitting and other issues critical to the oil industry.
In N.D., oil and gas transformation runs deep. E&E News (sub. req’d). Since 2010, oil production has quadrupled in North Dakota, with more than 8,000 wells drilled. The state collected $4 billion in oil taxes from July 2011 to June 2013, projects a $1 billion surplus for the current biennium and is looking to bring in workers for an abundance of industry-related jobs.
Energy secretary faces questions. Pittsburgh Post-Gazette. Prolific natural gas production from the Marcellus Shale in Pennsylvania and oil from the Bakken Shale in North Dakota has upended the traditional flow of oil and gas as new areas become hubs for fuel supplies, U.S. energy Secretary Ernest Moniz said Monday at Carnegie Mellon University.
Corbett touts long-lasting effects of drilling. Washington Observer-Reporter. “Engineers have figured out how to (drill for gas) and do it safely,” Tom Corbett said Monday morning. “Marcellus Shale has had an impact, and the young engineers will someday look back and see what they did. This is important not just for us, but for generations – plural.”
DEP: Operations can impact water supplies. Pittsburgh Post-Gazette. “Before our members begin well development activities, exhaustive baseline water sampling is conducted by certified third parties, which frequently extends beyond state requirements,” Mr. Creighton said, adding that the baseline testing gives homeowners important water quality and public health-related information.
Still Even Split. Associated Press. New Yorkers appear solidly entrenched — and nearly evenly divided — over whether natural gas hydraulic fracturing ought to be allowed in the state, according to an opinion poll released Monday by the Siena College Research Institute.
Gas pipeline issues challenge for producers, users. Tribune Live. A decade into the “shale gas revolution,” the pipeline issues remain as surging production makes distribution a challenge.
Group seeks full disclosure of chemicals. Associated Press. A group of doctors is demanding full public disclosure of chemicals that would be used to drill for natural gas by hydraulic fracturing in western Maryland.
Furor over gas pipeline not unique to Lancaster County. Lancaster Newspapers. The issues that have surfaced since a proposed 35-mile natural gas pipeline was announced in March in Lancaster County are hardly unique. Take Nelson County, Virginia, a largely rural area in central Virginia where residents and public officials learned in late May of a planned 450-mile natural gas pipeline that would run through their properties.
Businesses Benefit From Shale Boom. Columbus CEO. It may seem like a stretch to say Honda is part of Ohio’s shale-gas boom. But a close look shows that the automaker is using the steady supply and low price of natural gas to improve its bottom line at plants in Marysville and East Liberty.
Think regionally to link energy policy with economic development, report urges. Columbus Business First. The Mid-Ohio Regional Planning Commission is advocating the 12-county Columbus region work together to more efficiently handle energy policy, from infrastructure to job training. “We view this plan as a way to connect energy to the economic success of the region,” said Christina O’Keeffe, director of energy and air quality at MORPC.
Denton HF ban won't solve the problem, mayor says. Dallas Business Journal. Regardless of whether Denton voters decide to ban hydraulic fracturing within city limits on Nov. 4, that won’t solve the real problem: Vested rights of oil and gas companies to re-drill old wells, Mayor Chris Watts said.
New oil train rules likely to have wide reach. Houston Chronicle. Transportation Secretary Anthony Foxx suggested Monday that coming mandates to boost the safety of hauling oil by train will take a comprehensive approach, going beyond requiring changes to the tank cars that carry crude across the country.
Eagle Ford task force to meet in San Antonio. San Antonio Express-News. The meeting will focus on local and statewide water issues. It will include a panel discussion and talks by SAWS President and CEO Robert Puente and State Rep. Doug Miller, R- New Braunfels.
Don't let delay derail needed air actions in Pinedale. Casper Star-Tribune, Column. The state has an opportunity here to show its leadership on a critical air quality issue. Solving the Pinedale problem will show that state government is the home of strong, smart rules, and once again put the state regulators in the driver’s seat, not EPA.
The 17 billionth barrel of Alaskan North Slope crude started down the Trans Alaska Pipeline System (TAPS) this past weekend on Saturday, July 19, 2014. “This is an operational milestone and legacy that we are all proud of,” said Tom Barrett, President of Alyeska Pipeline Service Company (NGP Photo).... (More here....)
We trust that Chris Smith (NGP Photo, Assistant Secretary for Fossil Fuels), who knows Alaska well, will contribute to the rendering of a rapid and just decision. Current world crises have likely exacerbated the need for increased supplies of gas from reliable sources. See Governor Sean Parnell's (NGP Photo) statement here. -dh
CBC by Lee-Anne Goodman, CP. And no visit to the Nunavut capital would be complete without stopping in at Iqaluit Enterprises to take home some truly delicious smoked or fresh Arctic char.
TODAY'S Consumer Energy Alliance energy news links:
ICOSA Magazine: ENERGY 101 – PEOPLE BEHIND ENERGY *Shawn Martini Interview
Our Energy contributor and co-host, Emily Haggstrom talks with Shawn Martini, Communications Director for Consumer Energy Alliance. Consumer Energy Alliance represents energy consumers in the debate over energy policy, and advocates for increased domestic production of all forms of energy, from renewables like solar and hydro-electric to traditional forms of energy including oil and gas.
CBS News: GOP: Democrats “hold out economy hostage” by blocking jobs bills
Expanding domestic energy production is the "best way" to invigorate the American economy, incoming House Majority Whip Steve Scalise, R-La., said Saturday in the weekly Republican address, but the "Democrats running Washington don't seem to get it."
LA Times: Maine town fights plan to use pipeline to export oil sands crude
On Monday night, the South Portland City Council, including Blake, is expected to pass an ordinance that would prevent the export of crude oil from the waterfront. The product of a relentless 18-month campaign by residents and Maine environmental groups, the measure is a response to plans by Portland-Montreal Pipe Line, or PMPL, to reverse the flow of its import pipeline in order to export oil sands crude from Canada, the same petroleum that would run through the controversial Keystone XL pipeline in the Great Plains.
Reuters: Oil trains, born of U.S. energy boom, face test in new safety rules
North Dakota's Bakken oil patch has thrived thanks in large part to the once-niche business of hauling fuel on U.S. rail tracks. New safety rules may now test the oil train model. Within weeks, the Obama Administration is due to unveil a suite of reforms that will rewrite standards conceived long before the rise of the shale oil renaissance, at a time when crude rarely moved by rail and few Americans had ever seen the mile-long oil trains that now crisscross the nation.
Bloomberg BNA: States Likely to Need Extensions to Complete Power Plant Emission Plans, McCabe Says
Most states are likely to need additional time to submit their implementation plans for meeting carbon dioxide reduction targets for existing power plants, beyond the one-year time frame outlined in President Barack Obama's climate action plan, the Environmental Protection Agency's top air official said July 17.
The Hill: Week ahead: Climate regs back under the microscope
A cornerstone of President Obama’s assault on climate change will be back in the spotlight next week, when senators are set to grill the administration’s top environmental official on plans to impose new limits on power plant emissions. Environmental Protection Agency (EPA) Administrator Gina McCarthy will appear Wednesday before the Environment and Public Works Committee
Fuel Fix: Feds OK first-in-decades oil studies off East Coast
The Obama administration on Friday gave the oil industry the green light to use air guns and sonic sensors to search for possible oil and gas under Atlantic waters, overriding environmentalists concerned that the seismic research can harm whales and other marine life.
Columbus Dispatch: U.S. OKs plan to open Atlantic to oil surveys
The Obama administration approved a plan on Friday that would allow companies to assess oil resources off the Atlantic Coast, angering environmental groups worried that the plan will harm marine life and open the door to offshore drilling.
Miami Herald: Carolinas opinion mixed on offshore drilling
The Obama administration on Friday opened the Eastern Seaboard to offshore energy exploration, causing concern in the Carolinas about the effect on sea creatures and tourism but also raising the prospect of new jobs and revenue.
Wall Street Journal: Shale Reshapes Petrochemicals Business
GlobaData flagged the competitive advantage that U.S. companies will receive from the lower cost provided by shale gas. And this opportunity is attracting investment from some of the industry’s bigger names.
The New York Times: Frack Quietly, Please: Sage Grouse Is Nesting
In a new oil field among the rolling hills near here, Chesapeake Energy limits truck traffic to avoid disturbing the breeding and nesting of a finicky bird called the greater sage grouse. To the west, on a gas field near Yellowstone National Park, Shell Oil is sowing its own special seed mix to grow plants that nourish the birds and hide their chicks from predators.
Associated Press: Great Plains shale tested for possible energy uses
Tests this summer on Pierre Shale that stretches across much of the Great Plains could help build the case for an underground lab and, if feasible, lead to energy production or underground storage.
Associated Press: Central Nevada oil lease sale staged under protest.
A U.S. Bureau of Land Management sale of oil and gas leases on public land in central Nevada has been conducted under protest.
POLITICO: Rep. Polis “miscalculation” on HF issue could threaten political ascent
For more than a decade, Polis’s political guesses and gambles have all been right. But his decision to force a fight over oil and gas drilling in a tough election cycle may be a big enough miscalculation to derail Polis’s planned ascension up the Washington ranks. “He’s very focused, but sometimes he can be so laser focused that sometimes he lacks peripheral vision,” Palacio told me.
Roll Call: Renewable shale?
The Energy Department is spending $31 million to move forward with hydraulic fracturing to produce electricity from rocks.
Denver Post: "Tea Party of the Left" wages ferocious battle over HF
He and his like-minded allies have a new, unflattering label, the Tea Party of the Left. Also known as "fracktivists," the group, like their conservative counterparts, is sworn to certain principles — even if those beliefs cost their side of the aisle the election in November.
The Times Tribune: Gulf Oil plans LNG facility in Great Bend
An oil company with Pennsylvania roots plans to have a liquefied natural gas facility up and running in Susquehanna County by the end of 2015. The Great Bend facility would accept natural gas from Williams’ Windsor-Montrose-Washington gathering line and compress it for storage and delivery as a liquid, according to a petition the company, Gulf Oil LP, filed with the Federal Energy Regulatory Commission in April.
WUNC: Public Will Be Able To Comment On NC’s HF Rules
The North Carolina commission that is drafting rules for hydraulic fracturing will host public comment hearings next month.
Allentown Morning Call: Pennsylvania, U.S. benefit from drilling
It's a not a "claim" that shale supports tens of thousands of good-paying jobs — it's a fact. Countless economic studies, from the state Department of Labor & Industry, to the federal Bureau of Labor and Statistics, to many other independent reports, including from IHS Global, confirm these benefits.
Scranton Times-Tribune: DRBC gas pains
Pennsylvania is blessed with abundant water resources, and it belongs to five separate commissions that do important work across a variety of watersheds. The state budget this year singles out only one of those commissions, the Delaware River Basin Commission, for a massive budget cut of more than 50 percent.
San Antonio Express-News: Texas jobless rate holds at 5.1%
Alcantar said every sector has expanded over the last 12 months. Mining and logging, which includes jobs in oil and gas, led the way with a 7 percent annual growth rate.
FOR IMMEDIATE RELEASE
JULY 21, 2014
Export Application Filed with U.S. Department of Energy for Alaska LNG Project
ANCHORAGE, Alaska – In another important step forward for the Alaska LNG project, an application to export liquefied natural gas (LNG) was submitted to the U.S. Department of Energy.
The export application requests authorization to export up to 20 million metric tons per year of LNG for a period of 30 years to countries that have existing free trade agreements with the U.S., as well as to non-free trade agreement countries.
“This is a significant milestone for the Alaska LNG project and demonstrates continued progress toward developing Alaska’s resources,” said Steve Butt, senior project manager. “Filing of an export application is a critical step in commercializing North Slope natural gas.”
The Alaska LNG project would provide significant economic benefits to Alaskans including state revenues, new job opportunities and access to decades of domestically produced natural gas for homes and businesses in Alaska.
According to a study by NERA Economic Consulting, submitted in support of the application, the Alaska LNG project would have “unequivocally positive” economic impacts in Alaska and the United States. The Alaska LNG project is anticipated to create up to 15,000 jobs during construction and approximately 1,000 jobs for operation of the project.
The proposed project facilities include: a liquefaction plant and terminal in the Nikiski area on the Kenai Peninsula; an 800-mile, 42-inch pipeline; up to eight compression stations; at least five take-off points for in-state gas delivery; and a gas treatment plant located on the North Slope.
The Alaska LNG project participants are the Alaska Gasline Development Corporation (AGDC) and affiliates of TransCanada, BP, ConocoPhillips, and ExxonMobil. The project is now in the pre-front-end engineering and design phase, which is expected to be completed in 2016. For more information on Alaska LNG, visit ak-lng.com.
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Miles Baker BP Press Office
Alaska Gasline Development Corporation 907-564-5143/907-301-8726
Natalie Lowman Kim Jordan
ConocoPhillips Alaska ExxonMobil Media Relations
TransCanada Media Relations
Estimates, expectations, and business plans in this release are forward-looking statements. Actual future results, including ultimate recoveries, actual export volumes, and project plans, costs, and schedules, could differ materially due to changes in market conditions affecting the oil and gas industry or long-term oil and gas price levels; political or regulatory developments; reservoir performance; timely completion of development projects; technical or operating factors; and other factors discussed under the heading "Factors Affecting Future Results" in the Investors section of our website (www.exxonmobil.com) and in Item 1A of our most recent Form 10-K. The term "project" as used in this release does not necessarily have the same meaning as under SEC Rule 13q-1 relating to government payment reporting.
This release contains statements that are forward-looking statements and involve risks and uncertainties. It is believed that the expectations reflected in these statements are reasonable, but actual results may differ from those expressed in such statements, depending on a variety of factors, including: the specific factors identified in the discussions accompanying such forward-looking statements; industry product supply; demand and pricing; political stability and economic growth in relevant areas of the world; development and use of new technology and successful commercial relationships; the actions of competitors; natural disasters and other changes in business conditions; and wars and acts of terrorism or sabotage.
This release includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings, business strategies, competitive position or other aspects of our operations or operating results or the industries or markets in which we operate or participate in general. Actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that may prove to be incorrect and are difficult to predict such as oil and gas prices; operational hazards and drilling risks; potential failure to achieve, and potential delays in achieving expected reserves or production levels from existing and future oil and gas development projects; unsuccessful exploratory activities; unexpected cost increases or technical difficulties in constructing, maintaining or modifying company facilities; international monetary conditions and exchange controls; potential liability for remedial actions under existing or future environmental regulations or from pending or future litigation; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets; general domestic and international economic and political conditions, as well as changes in tax, environmental and other laws applicable to ConocoPhillips’ business and other economic, business, competitive and/or regulatory factors affecting ConocoPhillips’ business generally as set forth in ConocoPhillips’ filings with the Securities and Exchange Commission (SEC). We caution you not to place undue reliance on our forward-looking statements, which are only as of the date of this presentation or as otherwise indicated, and we expressly disclaim any responsibility for updating such information.
Use of non-GAAP financial information – This presentation may include non-GAAP financial measures, which help facilitate comparison of company operating performance across periods and with peer companies. Any non-GAAP measures included herein will be accompanied by a reconciliation to the nearest corresponding GAAP measure in an appendix.
Cautionary Note to U.S. Investors – The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves. We use the term "resource" in this presentation that the SEC’s guidelines prohibit us from including in filings with the SEC. U.S. investors are urged to consider closely the oil and gas disclosures in our Form 10-K and other reports and filings with the SEC. Copies are available from the SEC and from the ConocoPhillips website.
FORWARD LOOKING INFORMATION
This publication contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, “expect”, “would”, “believe”, “may”, “will”, “plan”, “intend” or other similar words). Forward-looking statements in this document are intended to provide TransCanada security holders and potential investors with information regarding TransCanada and its subsidiaries, including management’s assessment of TransCanada’s and its subsidiaries’ future financial and operational plans and outlook. All forward-looking statements reflect TransCanada’s beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release, and not to use future-oriented information or financial outlooks for anything other than their intended purpose. TransCanada undertakes no obligation to update or revise any forward-looking information except as required by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to TransCanada’s Quarterly Report to Shareholders dated May 1, 2014 and 2013 Annual Report on our website at www.transcanada.com or filed under TransCanada’s profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov.
ALASKA GASLINE DEVELOPMENT CORPORATION
As an instrumentality of the State of Alaska, the Alaska Gasline Development Corporation (AGDC) is not subject to oversight by the U.S. Securities and Exchange Commission. However, AGDC notes that all forward-looking statements reflect AGDC’s beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release, and not to use future-oriented information or financial outlooks for anything other than their intended purpose. AGDC undertakes no obligation to update or revise any forward-looking information except as required by law.
CBC. The price of houses in Inuvik has dropped by 10 to 15 per cent in the last three years — ever since plans for the Mackenzie Valley Pipeline were set aside, according to a local realtor..., Jim Weller ... with Coldwell Banker....
|Petroleum News. Parnell names municipal advisory board. Alaska Gov. Sean Parnell has named members of the Municipal Advisory Gas Project Review Board...|
Petroleum News. BC's LNG list grows. British Columbia's lineup of LNG proposals has grown to 15 with U.S.-based WesPac Midstream requesting a 25-year export license from the National Energy Board to ship up to 3 million metric tons a year to customers in Asia, the U.S., Central America and South America. In entering the public arena, W....
Energy Voice. In an op-ed penned for The Hill, Michael Whatley, Executive Vice President at Consumer Energy Alliance (NGP Photo), explains how South Dakota’s Sen. Tim Johnson (D) now has opportunity to move the Keystone XL pipeline one step closer to construction.
U.S. Sen. Lisa Murkowski (NGP Photo), met today with Commerce Secretary Penny Pritzker on the issue of crude oil and condensate exports:
“I appreciate Secretary Pritzker taking the time to meet with me today." she said after the meeting. "We had an open conversation about the Commerce Department’s approach to the question of U.S. oil exports. I am encouraged that Secretary Pritzker is engaged and that there are ongoing discussions within the department on this issue.
|Wall Street Journal. More than 150 executive branch nominees are awaiting Senate confirmation, but Harry Reid is attending to his personal priorities. On Tuesday the Majority Leader pushed through a vote on Norman Bay to helm his sovereign government province, the Federal Energy Regulatory Commission. (Senator Murkowski has vigorously opposed the President's intention to name Bay chairman of this regulatory body, so important to Alaska and US energy policy and regulation in general. -dh)|
Murkowski is the senior Republican on the energy panel. Last January, she released a white paper on the need to revamp U.S. energy export policy. Murkowski has also published five staff reports on crude oil and condensate exports, which are available on the energy committee’s website.
*** U.S. HOUSE OF REPRESENTATIVES MEDIA ADVISORY***
Fisheries, Wildlife, Oceans & Insular Affairs Subcommittee to Hold Legislative Hearing on Four Bills, including two affecting Alaska.
WASHINGTON, D.C. – The House Natural Resources Subcommittee on Fisheries, Wildlife, Oceans and Insular Affairs will hold a legislative hearing on Wednesday, July 23rd on four bills.
Subcommittee Fisheries, Wildlife, Oceans & Insular Affairs legislative hearing on:
Wednesday, July 23, 2014
1334 Hearing Room in the Longworth House Office Building
Visit the Committee Calendar for additional information, once it is made available. The meeting is open to the public and a live video stream will be broadcast at http://naturalresources.house.gov/live.