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Tag "oil production"

The End Of Oil? Battle Lines Drawn As Industry Grapples With Energy’s Future

by Camila Domonoske (National Public Radio) Oil is facing an existential crisis.  There has never been so much uncertainty about the future of a commodity that keeps the global economic engine running.

October 16, 2020 Read Full Article

Community Voices at the Center of Environmental Justice Now Tour

by Joseph Glandorf  (Environmental and Energy Study Institute)  In a project called the “Environmental Justice Now Tour,” Democrats on the House Natural Resources Committee are holding a series of discussions with

October 14, 2020 Read Full Article

Global Fuel Standards Are Pushing the Dirtiest Oil out of the Market

by Michael J. Coren (Quartz) Not all oil is equal. We think of petroleum as equivalent whether it comes from the ground in Saudi Arabia or Texas. But that’s not quite

October 13, 2020 Read Full Article

The Pandemic Could End Texas’s Oil Boom—and Start Something Better: Profits from the Permian Basin Are Falling and Renewable Energy Is Surging. Here’s What That Means for the Lonestar State’s Future.

by Justin Miller (Texas Observer/Popular Science)    … Thousands flocked to the region to get a piece of the boom. “You could be someone with no college degree, no high

October 6, 2020 Read Full Article

ExxonMobil Focused on Core Oil and Gas as Renewable Returns Too Weak: Official

(Energy Market Price/S&P Global) ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to

October 2, 2020 Read Full Article

Big Oil’s $100 Billion Bender: How the U.S. Government Provided a Safety Net for the Flagging Fossil Fuel Industry

(Bailout Watch) The U.S. government’s efforts to stabilize the financial system at the start of the global pandemic last spring have propped up the fossil fuel industry, which entered the

October 2, 2020 Read Full Article

Fact-Checking President Trump’s Ethanol and Oil Production Claims

by Robert Rapier (Forbes) This week at a campaign rally in Jacksonville, Florida, President Trump made a puzzling claim. Near the end of a story about Kamala Harris, Trump said “The great state

September 28, 2020 Read Full Article

California to Ban Sales of Gas Cars by 2035

(Our Daily Planet) Yesterday, California Governor Gavin Newsom announced that the state will phase out sales of all gasoline-powered vehicles by 2035. As Governor Newsom said in a separate event with Democratic

September 24, 2020 Read Full Article

2019 May Have Been Peak Year for Oil Demand, BP Trying to Pivot

(Our Daily Planet) Yesterday, the world’s leading oil producers, the Organization of Petroleum Exporting Countries (OPEC), projected a larger decrease in oil demand than was predicted earlier in the pandemic, The Hill

September 15, 2020 Read Full Article

Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near

by Sheela Tobben and Javier Blas (Bloomberg)  … Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping

September 11, 2020 Read Full Article

California Issues 190% More New Oil and Gas Drilling Permits

(Our Daily Planet)  While California Governor Gavin Newsom has called his state “a leader in the fight to transition away from fossil fuels,” watchdog groups have been calling out the fact that

September 3, 2020 Read Full Article

Trump Moves to Open up Drilling in National Forests

by James Osborne (Houston Chronicle)  … Under draft rules to be published Tuesday, the U.S. Forest Service would be limited in its ability to conduct environmental reviews of drilling projects

September 1, 2020 Read Full Article

Greenpeace Urges Denmark to End Fossil Fuel Production

(Energy Market Price/ReNews.Biz) Four activists have swum to the Dan Bravo oil rig for several days of peaceful protest  —  reenpeace activists are peacefully occupying the Dan Bravo oil rig

August 21, 2020 Read Full Article

Committee to Review Wyo. Carbon Capture, Utilization

by Jeremy Dillon (County 17/E&E News)  The Senate Environment and Public Works Committee will head to Wyoming this week for a field hearing to analyze the state’s efforts on carbon capture

August 19, 2020 Read Full Article

Exxon, Chevron Earnings Gutted by Virus-Driven Demand Slump

by Kevin Crowley (Bloomberg/Yahoo! Finance) Exxon Mobil Corp. and Chevron Corp. posted the worst losses in a generation after the pandemic and a global crude glut combined to batter almost every

July 31, 2020 Read Full Article

Trump Tailors Exaggerations and False Claims to Election Battlegrounds

by Linda Qiu (New York Times)  … Likewise, Mr. Trump has sought to curry favor with corn farmers in Iowa and the Midwest by claiming to have “kept our promise

July 27, 2020 Read Full Article

Oil Went Below $0. Some Think It Will Rebound to $150 One Day.

by Joe Wallace (Wall Street Journal)  Debate rages about the long-term value of crude in the wake of its collapse and quick recovery  —  The coronavirus pandemic has stalled factories

July 9, 2020 Read Full Article

Coronavirus Will Hasten ‘Peak Oil’ by Three Years, Says Research Firm

by Myles McCormick (Financial Times)  Rystad Energy says its estimate of recoverable barrels of crude has dropped by 282bn  — An influential research firm has cut its estimate of potential

June 22, 2020 Read Full Article

Biofuel and Oil Seek Federal Help to Deal with Sharp Decline In Production and Prices

(RFD TV)  … Both the oil and ethanol sectors are asking the federal government to step in as each one sees a sharp decline in prices and production. Oil groups

June 18, 2020 Read Full Article

Leader Says Ethanol Hurt by Covid-19, but the Industry Will Survive

by Larry Lee (Browfield Ag News)  The Renewable Fuel Association’s President says ethanol production is slowly recovering from the effects of coronavirus.  Geoff Cooper says, “It’s going to take more than

June 2, 2020 Read Full Article

Bioenergy: The Great Continuum

by Gerard J. Ostheimer and Douglas L. Faulkner (below50/“the Clean Tech Conservative”/Leatherstocking LLC/Biofuels Digest)  … (W)e would like to point out a number of anniversaries put biofuels and bio-based products

June 2, 2020 Read Full Article

The Ethanol Sector Needs Major E15 Growth To Thrive

by Tristan R. Brown (Seeking Alpha) Summary:  -The share prices of U.S. ethanol producers have mostly retraced the major declines that they experienced in March and April as the COVID-19 pandemic

May 26, 2020 Read Full Article

Oil Exec: It Would Be a Mistake for the US Government to Bail Us out

by Dan K. Eberhart (CNN Business Perspectives)  … President Trump indicated that some sort of financial bailout for the US oil industry — and the millions of jobs it supports

May 22, 2020 Read Full Article

‘Rona Cyclona’s Path, Macroeconomic Projects for Energy: The Digest’s 2020 Multi-Slide Guide to COVID-19 Impact for Energy Industry

by Jim Lane (Biofuels Digest)  Alot has changed since February, but what exactly in terms of the energy sector and financial impacts from COVID-19? Dive into this detailed assessment by

May 20, 2020 Read Full Article

The Car Is Staging a Comeback, Spurring Oil’s Recovery

(Bloomberg/Yahoo! Finance)  … Gasoline demand is rebounding, suggesting that the car — at least for now — is making a comeback. As lockdowns ease and parts of the world reopen for

May 11, 2020 Read Full Article

Big Oil Overreaches on COVID-19 Bailout

by Jim Talent (The Gazette) … Oil companies have requested special access to a $600 billion lending facility at the Federal Reserve, and the administration seems keen to deliver. The

May 7, 2020 Read Full Article

Fossil Fuel Firms Linked to Trump Get Millions in Coronavirus Small Business Aid

by Emily Holden (The Guardian)  Revealed: Oil and mining firms – some with ties to Trump officials – taking advantage of funding, review shows — US fossil fuel companies have taken

May 4, 2020 Read Full Article

Energy Transition to Be Shaped by World Response to COVID-19

by Allison Good, Taylor Kuykendall and Dan Testa  (S&P Global)  … The coronavirus pandemic may accelerate a shift from fossil fuel spending to investments in renewable energy, but the pace of

May 4, 2020 Read Full Article

Trump Poised to Offer Bridge Loans to Ailing Oil Companies

by Saleha Mohsin, Ari Natter and Jennifer A. Dlouhy (Bloomberg/RigZone) The Trump administration may announce as soon as Thursday a plan to offer loans to the ailing oil industry possibly in

April 30, 2020 Read Full Article

The Great Texas Oil Shutdown Has Begun

by James Osborne, Sergio Chapa and Erin Douglas  (Houston Chronicle) …  The mass shutdown of Texas oil fields has begun after an unprecedented crash that last week drove crude prices

April 27, 2020 Read Full Article

An Economic Rebound Will Need Ethanol

by Doug Durante (Clean Fuels Development Coalition/Biofuels Digest) … I want build on the theme that now, when we’ve been knocked down and are on the mat is when we  need support,

April 23, 2020 Read Full Article

Economist Expects “Battle Royal” over RFS in Washington

by Larry Lee (Brownfield Ag News) An ag economist expects Washington lawmakers will be revisiting the Renewable Fuel Standard. Scott Irwin with the University of Illinois says, “I think we’re going to

April 22, 2020 Read Full Article

As Price of Oil Drops, Trump Orders Plan to Help U.S. Energy Companies: Energy Secretary Says Funds from Fed’s Main Street Loan Program Might Be Needed to Help Oil Companies

by Will Englund (Washington Post) President Trump said Tuesday he has ordered his administration to come up with a plan to provide federal assistance to the oil and gas industry

April 22, 2020 Read Full Article

Coronavirus Stimulus Money Will Be Wasted on Fossil Fuels

by David Roberts (Vox)  Oil and gas companies were already facing structural problems before Covid-19 and are in long-term decline. — …  I wrote about how shortsighted it is for

April 21, 2020 Read Full Article

New RFA Analysis: Ethanol Industry Could See $10 Billion in Losses Due to COVID-19

(Renewable Fuels Association) As the COVID-19 pandemic and crude oil glut continue to ravage world fuel markets, U.S. ethanol sales in 2020 could fall by more than $10 billion and the

April 21, 2020 Read Full Article

QUOTE OF THE WEEK — Bethany McLean

“It’s worth remembering that Wall Street can make money even when the businesses that they are funding don’t make money,” explained Saudi America author Bethany McLean in this Strand Book

April 20, 2020 Read Full Article

EPA Weighs Lifting Ethanol Requirements for Oil Refiners

by Rebecca Beitsch (The Hill) The Environmental Protection Agency (EPA) is weighing whether to let oil refineries skip on adding ethanol to their fuels, a move being requested by governors in

April 19, 2020 Read Full Article

Virus Weakens Markets for Renewable Energy — Industries Press Pause on Steep Growth Trajectory

by Melody M. Bomgardner (Chemical & Engineering News)  … Unlike ­fossil energy sources like US shale oil, where many operators may go bankrupt, renewables are poised to rebound as soon

April 10, 2020 Read Full Article

Ahead of Stimulus Talks, Voters Back Relief for Renewables More Than for Oil and Gas

by Lisa Martine Jenkins (Morning Consult)  — 38% of voters support a bailout for the oil and gas industry, compared to 54% backing for a renewables industry bailout. — Republicans

April 3, 2020 Read Full Article

The Coronavirus and Ethanol Demand Destruction

by Scott Irwin and Todd Hubbs (FarmDocDaily)  … One implication of the virus-related restrictions is that people are driving much less than before, which means that gasoline and ethanol use

March 27, 2020 Read Full Article

Grassley Asks White House for Biofuel Support as SPR Fill Helps Oil Industry

by Meghan Gordon (S&P Global) US Senator Chuck Grassley, Republican-Iowa, urged the Trump administration Thursday to help the US biofuel industry weather plunging fuel prices and demand, just as the

March 20, 2020 Read Full Article

House Democrats Warn against Oil Industry Bailout

by Rebecca Beitsch (The Hill) A growing number of Democrats are voicing concern that the White House may pursue broad relief for the oil and gas industry amid sinking prices and

March 18, 2020 Read Full Article

White House Likely to Pursue Federal Aid for Shale Companies Hit by Oil Shock, Coronavirus Downturn

by Jeff Stein, Will Englund, Steven Mufson and Robert Costa (Washington Post) … The White House is strongly considering pushing federal assistance for oil and natural gas producers hit by

March 10, 2020 Read Full Article

Shell Is Looking Forward: The Fossil-Fuel Companies Expect to Profit from Climate Change. I Went to a Private Planning Meeting and Took Notes.

by Malcolm Harris (Vox Media Intelligencer/New York Magazine)  … I asked Fries (Steven Fries, Shell’s chief economist) if Shell is serious about transition, then couldn’t it voluntarily speed it up

March 4, 2020 Read Full Article

Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

by Clifford Krauss (New York Times) A surge of oil production is coming, whether the world needs it or not.  The flood of crude will arrive even as concerns about climate change

November 4, 2019 Read Full Article

Report: U.S. Biofuels Help Drive Environmental Progress

(Growth Energy)  Growth Energy, the nation’s largest association of biofuel producers, released a new report examining the potential impact of a growing role for U.S. biofuels in America’s clean energy future. The report

September 26, 2019 Read Full Article

How to Fix the Ethanol Industry

by Robert Rapier (Forbes)  …In this model, the entities that control the model are the same as those that benefit from it: The Midwestern states that produce essentially all of

August 15, 2019 Read Full Article

Fact Sheet: Fossil Fuel Subsidies: A Closer Look at Tax Breaks and Societal Costs

by Clayton Coleman and Emma Dietz (Environmental and Energy Study Institute) A recent analysis published in Nature Energy found that continuing current fossil fuel subsidies would make it profitable to extract half of all

August 2, 2019 Read Full Article

U.S. Oil Companies Find Energy Independence Isn’t So Profitable

by Clifford Krauss (New York Times)  … In the last four years, roughly 175 oil and gas companies in the United States and Canada with debts totaling about $100 billion have

July 1, 2019 Read Full Article

Energy/Ethanol Outlook: Is There Hope for an Ethanol Boom?

by Bryce Knorr (Farm Progress)  Biofuel bust could get a little relief soon.   —  Pain at the pump could mean at least a little gain for corn growers. Demand for ethanol

April 19, 2019 Read Full Article

Advancements in Catalytic Fast Pyrolysis Give Biofuels a Boost

(National Renewable Energy Laboratory) National laboratory researchers demonstrate improvements in bio-oil yield through catalyst and process development.  —  Researchers from the National Renewable Energy Laboratory (NREL), Pacific Northwest National Laboratory (PNNL), and

January 10, 2019 Read Full Article

Immovable Objects: Railroad Delays …

by Matt Thompson (Ethanol Producer Magazine)  Railroad delays in 2014 forced ethanol plants to slow production or find other ways to move their products. Four years later, the situation has improved,

December 6, 2018 Read Full Article

The Digest’s 2018 Multi-Slide Guide to the Energy Outlook through 2040

by Jim Lane (Biofuels Digest)  The BP Energy Outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. It shows how rising

November 2, 2018 Read Full Article

Biofuels Production and Consumption in Canada: Status, Advances and Challenges

by Mahmood Ebadian and Jack Saddler (IEA Bioenergy Task 39 Newsletter) … Currently, over 96% of the transportation sector in Canada is fuelled by petroleum products, making this sector the second largest emitter

October 12, 2018 Read Full Article

Peak Oil: Is History Repeating Itself, Again?

(Energy Today/OilPrice.com)  In 2002, oil prices were hovering around $20 per barrel and then rose almost continuously until mid-2008 when the price of a barrel of oil on the New York

August 13, 2018 Read Full Article

Oil’s Well?

by Kelsey Tamborrino (Poltico’s Morning Energy) Does the world have enough oil to go around if 2.5 million barrels of Iranian petroleum is put behind a wall of U.S. sanctions?

August 7, 2018 Read Full Article

EPA Publishes CAFE Standards Mid-Term Evaluation Final Determination

(U.S. Environmental Protection Agency)  On April 2, 2018, the Administrator signed the Mid-term Evaluation Final Determination which finds that the model year 2022-2025 greenhouse gas standards are not appropriate in light

April 2, 2018 0 comment Read Full Article

Know Your Oil: Creating a Global Oil-Climate Index

by Deborah Gordon, Adam Brandt, Joule Bergerson, Jonathan Koomey  (Carnegie Endowment for International Peace)  Oil is changing. Conventional oil resources are dwindling as tight oil, oil sands, heavy oils, and others

March 30, 2015 Read Full Article

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legislation Legislation-Federal Legislation-State lemna lend-lease Lesotho lesquerella leucaena Liberia Libya licensing lichens life cycle analysis (LCA) lignin Lignin Ethanol Oil (LEO) Lignocellulosic Biofuel lignocellulosic sugars Lipid liquefaction liquid liquidation liquid petroleum gas (LPG) liquid transportation fuels Liquified Biogas (LBG) Liquified Natural Gas (LNG) lithium Lithuania litigation Litigation-Federal Litigation-State livestock loan guarantees loans lobbying loblolly pine locomotives lodgepole pine logistics long-term contracts Louisiana low carbon emissions low carbon octane standard (LCOS) Low Emission Vehicle Standards (LEV) low sulfur diesel low sulfur fuel low sulfur marine fuel lubricants lumber mill Luxembourg lysis M3 M15 M50 M100 ma macadamia macauba Macedonia machine learning Madagascar magnesium mahua Maine Malawi Malaysia Mali mallees Malta Malyasia mamona management changes mandates mangaba manganese mango mangrove Manitoba mannose manure maple maps 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crops royalties RTP (rapid thermal processing) rubber rumen ruminants rural development Rural Energy for America Program (REAP) Rural Energy Self-Sufficiency Initiative Russia Russian olive rutabaga Rwanda ry rye Rye grass s saccharification Safer and Affordable Fuel Efficient Vehicles (SAFE) safety safflower sago pond weed SAIC SAK Salicornia salt-tolerant saltbush saltcedar sal tree salt water Sanctions Santa Monica sardine oil Saskatchewan Saudi Arabia sawdust scale up Scandinavia scholarships/fellowships Science Advisory Board (SAB) Science Policy Scotland scum sea level rise seashore mallow seawater Seaweed/Macroalgae seaweed cultivation Section 526 Securities and Exchange Commission (SEC) seed-to-wheel seed husks Senegal Serbia sesame sewage Seychelles shale shale gas shale oil shark oil sheep shipping shipping containers shipworm Sierra Leone silica Silphie/cup plant/Indian cup silver silver maple simarouba Singapore sisal SK slash Slovakia Slovakia/Slovak Republic Slovenia 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Levels techno-economic analysis technology transfer tech transfer telephone utility poles Tennessee termites terpenes terrestrial carbon testing Texas textbook Thailand theft therapeutics thermal deoxygenation thermocatalytic conversion thermochemical conversion thermochemical liquefaction Tier 3 Tier 4 tilapia tillage Timor-Leste tires tobacco tobacco tree Togo Tokyo toluene Tonga tool Toronto torrefaction Toxic Substances Control Act (TSCA) trade trade dispute/discrimination trade group trade organization Trade Policy trade secrets training trains transesterification transgenics transition Transportation Fuels Policy Transportation Fuels Policy--Municipal Transportation Fuels Policy--State Transportation Policy Treasury Department trees Trinidad and Tobago triticale trucks tubers tung tunicate Tunisia Turkey UCOME (Used Cooking Oil Methyl Ester) Uganda UK (United Kingdom) Ukraine UL (Underwriters Laboratory) ULSD (ultra low sulfur diesel) Ultra Low Sulfur Fuel Oil (ULSFO) underground 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