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Posts Tagged ‘Oil’

Is a perfect storm looming in the U.S.?

Wednesday, March 15th, 2017
Construction Zone

…a huge problem is looming. Construction and engineering firms are already loudly proclaiming that they cannot find enough workers. There is a critical shortage of trained construction workers throughout the U.S. and Trump’s immigration policies will deplete the inadequate pool of workers significantly.

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North Dakota Oil Boom Calls for Rework of Infrastructure

Tuesday, November 1st, 2016
North Dakota Oil Boom Calls for Rework of Infrastructure

North Dakota is one of the most remote places in the United States, or should we say ‘was’ one of the most remote. Thanks to an abundance of natural resources, particularly oil, North Dakota is no longer as open as its range used to be…The Minot International Airport, originally built just 20 years ago, is one project under construction to handle the increase in flight and foot traffic in the region. NECA Contractor Main Electric Construction Inc., and their IBEW 714 craftsmen are building it.

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Interactive Report: The Real Price of Gas

Tuesday, August 30th, 2016
Gas price map

With transit bills, electric cars and other non-gas-guzzling transportation options reeling from late-2014’s sudden drop in oil prices, a lot of us are wondering just how cheap our gasoline really is. A new interactive report released by Bloomberg ranks the affordability of gasoline around the world, showing how we stack up against our international peers.

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A National Strategy for Energy Security: The Innovation Revolution

Tuesday, May 24th, 2016
Oil Price Chart

SECURING AMERICA’S ENERGY FUTURE
ENERGY SECURITY LEADERSHIP COUNCIL
Too often, America’s exposure to the risks of oil dependence has been measured by consumers and
policymakers as a function of the price of oil at a specific point in time or our level of reliance on foreign
suppliers. The result has been long periods of inaction and inattention after each crisis, which simply
leaves the country dangerously exposed for the inevitable next crisis. The risk of such complacence
today is high. Low oil prices have reduced the sense of urgency shared throughout the country as
recently as 2014. Yet just as it has been so many times before, the oil market is in the midst of a cycle.
We must be better prepared when the tide once again turns.

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Oil Market Futures

Friday, April 22nd, 2016
Figure ES.1: Global oil demand from transport in 2015 and under two scenarios for 2050

CAMBRIDGE ECONOMETRICS
THE INTERNATIONAL COUNCIL FOR CLEAN TRANSPORTATION
Policies to tackle climate change are likely to lead to lower oil prices, according to the results of this analysis. As governments start implementing the Paris Agreement, they will increasingly need to cut carbon emissions from transport by curbing the combustion of petroleum fuels. Lower oil prices will prevail in this lower-demand scenario, compared to a business-as-usual scenario where oil demand would rise unchecked and in line with economic growth and expanding mobility trends.

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The Economic Effects of Immediately Opening Federal Lands to Oil, Gas, and Coal Leasing

Wednesday, January 6th, 2016
TABLE 1: ANNUAL IMPACT OF OPENING RESTRICTED FEDERAL LANDS TO OIL, GAS, AND COAL DEVELOPMENT ($ BILLIONS ANNUALLY, UNLESS OTHERWISE SPECIFIED)

INSTITUTE FOR ENERGY RESEARCH
While headlines have reported declining oil, gas, and coal prices, those declines do not deter from the fact that U.S. energy resources are valuable to our domestic economic growth. The most recent government estimate of those benefits was a 2012 Congressional Budget Office (CBO) study, produced at the request of the House Budget Committee, which analyzed federal lease revenues that could be expected to arise from a proposal to open federal lands and waters to oil, gas, and coal extraction.

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Boom: North America’s Explosive Oil-By-Rail Problem

Monday, December 8th, 2014
Boom: North America’s Explosive Oil-By-Rail Problem

A train hauling two million gallons of crude oil from North Dakota had exploded in the Canadian town of Lac-Megantic, killing 47 people. Now regulators had to assure Americans a similar disaster wouldn’t happen south of the border, where the U.S. oil boom is sending highly volatile crude oil every day over aging, often defective rails in vulnerable railcars.

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EPA Program to Protect Underground Drinking Water Needs Improvement

Wednesday, August 6th, 2014
Figure 1: Injection Wells for Enhanced Production and Wastewater Disposal

UNITED STATES GOVERNMENT ACCOUNTABILITY OFFICE
Every day in the United States, at least 2 billion gallons of fluids are injected into over 172,000 wells to enhance oil and gas production, or to dispose of fluids brought to the surface during the extraction of oil and gas resources. These wells are subject to regulation to protect drinking water sources under EPA’s UIC class II program and approved state class II programs. Because much of the population relies on underground sources for drinking water, these wells have raised concerns about the safety of the nation’s drinking water.

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Runaway Train: The Reckless Expansion of Crude-by-Rail in North America

Tuesday, June 10th, 2014
Table 1: Ten Major Accidents Involving Crude-by-Rail in US A and Canada, 2013-2014

OIL CHANGE INTERNATIONAL
This report tracks the rise of crude-by-rail in North America, detailing where crude trains are being loaded and unloaded, how many trains carrying crude oil are crossing the North American continent, and who is involved in this burgeoning trade.

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U.S. Crude Oil and Natural Gas Production in Federal and Non-Federal Areas

Friday, April 18th, 2014
Figure 1: U.S. Crude Oil Production: Federal and Non-Federal Areas, FY2009-2013

CONGRESSIONAL RESEARCH SERVICE
A key question in this discussion is how much oil and gas is produced in the United States each year and how much of that comes from federal versus non-federal areas. Oil production has fluctuated on federal lands over the past five fiscal years but has increased dramatically on nonfederal lands. Non-federal crude oil production has been rapidly increasing in the past few years partly due to favorable geology and the relative ease of leasing from private parties, rising by 2.1 million barrels per day (mbd) between FY2009-FY2013, causing the federal share of total U.S. crude oil production to fall by nearly 11%.

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