Energy Security
The Gasland II flameout
We live at a time when documentaries can have far-reaching influence on the public dialogue. The best ones explore issues with integrity and intellectual honesty. Nowhere is this more important than with regard to energy policy – where facts and science should guide our discussions.
Bakken production surpasses 800,000 barrels per day
Last year North Dakota’s Bakken region registered record oil production of 600,000 barrels per day – a 100-fold increase over just six years earlier. Ten months later, the record set last July seems a distant memory.
A run on the RIN bank is leading to a crash
The scramble among refiners to purchase RINs has sent the price of these credits skyrocketing. Platts Commodity News reported yesterday that prices soared to $1.32 per RIN on Monday, the fifth record in the previous six trading sessions. By contrast, RINs traded for two cents apiece last year.
Congress warned about impending “blend wall” crash
“It’s hard to believe that when Congress passed the Energy Independence and Security Act of 2007, a possible outcome was to reduce U.S. gasoline supplies and increase gasoline prices. However … that is exactly the potential outcome we find ourselves in today.”
“A very definite conclusion” on oil sands crude and pipelines
The president’s remarks from Tuesday garnered a lot of attention because of their focus on climate change and the Keystone XL pipeline. Let’s hope they don’t overshadow a significant development that emerged the same day: A scientific study that provides strong support for the importance and safety of Keystone XL.
White House Dashboard clear: Red tape a problem
Administration officials have stated a commitment to streamlining permitting for big infrastructure projects. But at the same time some of our nation’s most important projects have been stuck in a regulatory holding pattern. As these projects have languished, so have the jobs, economic activity and tax-revenues that would be unleashed if Washington were true to its word.
