Friday, January 31, 2025

Energy and Commerce Committee Chairman Upton’s “Architecture of Abundance”

During the EIA Energy Conference last week, July 14 to July 15, Michigan’s Representative Fred Upton (R) gave a speech about his ideal energy future. He called his plan the “Architecture of Abundance.” It is  a plan with five pillars: Modernizing infrastructure Maintaining diverse electricity generation Permitting a manufacturing renaissance Harnessing energy efficiency and innovation, and Unleashing energy diplomacy. Upton

The EPA’s CO2 Rules: More Gas-Fired Generation Plants, Other Remedies

Last month, the U.S. Environmental Protection Agency (EPA) released its proposed Clean Power Plan, which plans to lower carbon dioxide (CO2) emissions by 30% by 2030, compared to 2005 levels. The U.S. levels in 2013 were 10% below those of 2005 – a growth of 2% from 2012 levels. The EPA said that the combustion of fossil fuels to generate electricity was

With Sanctions Relaxed and Iraq in Turmoil, India Looks Toward Iran for More Crude Oil

India has extended approval by six months, beginning June 28, for two Iranian ship underwriters to provide insurance for container, tanker and bulk vessels calling at Indian ports, the Wall Street Journal reported yesterday. The decision to relax sanctions against Iran by the West has enabled tankers to transport oil and petroleum products from Iran. The extension will let India,

Japan Looks to Import U.S. Natural Gas

With its 55 nuclear reactors currently offline in answer to the devastating earthquake and tsunami it suffered in March 2011, Japan has been forced to import more expensive alternative fuels to replace the homegrown nuclear-fueled electrical generation capacity which previously made up between a quarter and a third of the country’s electrical output and helped it achieve energy independence in

Basic Energy Services CEO on CNBC’s Mad Money

https://www.oilandgas360.com/wp-content/uploads/2014/10/BAS_MadMoney-061814.mp4       Basic Energy Services CEO Roe Patterson appeared on CNBC’s Mad Money with Jim Cramer to discuss the recent 71% appreciation in share price, as well as expected drivers of near-term growth. … Username or E-mail Password Remember Me     Forgot Password

Atlas Energy CEO Ed Cohen on CNBC Europe

https://www.oilandgas360.com/wp-content/uploads/2014/10/ATLS_CNBC-2014.mp4       Ed Cohen, Atlas Energy LP CEO was on CNBC Europe’s Worldwide Exchange to discuss the current energy revolution in NA and how he thinks it will affect the global markets.   …

What the EPA’s Clean Power Plan Means for the Oil & Gas Industry

On June 2, 2014, the Environmental Protection Agency (EPA) moved to the second phase of its Clean Power Plan. According to the EPA, the Plan “cuts carbon pollution from existing power plants, the single largest source of carbon pollution in the United States. Today’s proposal will protect public health, move the United States toward a cleaner environment and fight climate change

Interview with Saratoga Resources: Hz GOM Well Tests More than 1,500 BOEPD

Saratoga Resources (ticker: SARA) is an independent exploration and production company with 52,103 net acres under lease in the Gulf of Mexico (GOM). Approximately 62% of its acreage is on the traditional Louisiana coastline and the remaining 32% is located in the shallow GOM. SARA operates and holds substantially 100% working interest in all of its wells. Saratoga announced on

An OAG360® Exclusive Interview: PDC Energy Discusses Organic Growth Drivers in Its Wattenberg and Utica Programs

Denver-based PDC Energy (ticker: PDCE) is an independent oil and natural gas company that operates in Colorado’s liquid-rich Wattenberg Field and the Appalachian Basin including the emerging liquid-rich Utica Shale play in Ohio and the dry-gas Marcellus Shale in West Virginia. Wattenberg Program A focal point of PDC’s Analyst Day in New York on April 17, 2014 was its downspacing

Federal Reserve Keeps Credit Ratings, Economy in Limbo as Oil & Gas Pushes Onward

March Madness may be recognized as the most exhilarating tournament in sports, but spectators simultaneously viewing the stock market with the Federal Reserve news conference on March 19, 2014, were treated to a roller coaster ride of their own. The market hung on every word spoken during Fed Chairwoman Janet Yellen’s debut until the organization insisted it will maintain the

Asia-Pacific Loads Up on LNG for Long-Term; Ukraine Crisis Clouds Global Short-Term Situation

The United States energy market has big decisions ahead of it: Do we export oil? How do we safely transport crude oil across our country? Should we build the Keystone pipeline? And perhaps more captivating is what the industry/country should do with the tremendous amounts of natural gas we’ve untapped. The natural gas landscape continues to make headlines by means