Archive for the ‘Crude Oil’ Category
EPRINC submitted comments to Secretary of State John Kerry regarding the Environmental Impact Statement (EIS) for the proposed Keystone XL pipeline. Those comments can be downloaded here (PDF).
Regulatory constraints are set to drive volatility in the gasoline market over the next 12 to 24 months. Download the full report (PDF)
Trisha Curtis presented during NPDA’s (North Dakota Pipeline Authority) webinar on March 8. Her presentation covers developments in the Bakken and other US shale plays and can be downloaded here.
An Assessment of the Economic Consequences of the Renewable Fuels Mandate
Under U.S. law, U.S. petroleum refiners and other so-called obligated parties must blend ever larger volumes of renewable fuels into the U.S. gasoline and diesel fuel supply. The program is known as the Renewable Fuel Standard (RFS). Corn ethanol is not mandated under the RFS. However, 98% of “conventional biofuels” produced in the U.S. and blended into gasoline are derived from corn, thus creating a de facto mandate for corn ethanol. The RFS mandate for conventional biofuels is set to rise from 13.2 billion gallons in 2012 to Read More >>>
Economic Considerations in Natural Gas Flaring
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(updated September 5, 2012)
Advances in oil and gas drilling and production technology have made the U.S. the world’s largest producer of natural gas. These same technological breakthroughs that have brought about a surge in domestic natural gas output are now yielding large and sustainable increases in domestic oil production. The rise in oil production also has been accompanied by substantial increases in the flaring of associated natural gas, gas that comes up the wellbore along with the production of crude oil. Policy makers, regulators, environmental groups, and a large number of commentators have raised concerns that the flaring of natural gas is both wasteful and harmful to the environment. In July 2012 the World Bank published new satellite data on flaring showing the U.S. provided the single largest addition to world flaring in 2011 (total U.S. flaring lags far behind Russia and Nigeria in comparison).
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