The Bipartisan Policy Center published a study in May 2013 about the U.S. gas market and its supplies, entitled “New Dynamics of the U.S. Natural Gas Market”. This interesting research was part of the New Dynamics of Natural Gas Supply and Demand project. This project looks at new gas supplies…
Articles Posted in Oil and Gas News
U.S. Oil Exploration and Production Could Shape Geopolitics
Experts at the Bipartisan Policy Center held a conference in June 2013 and as part of that conference concluded that U.S. oil and gas exploration and production can reshape global energy geopolitics. The chairman of IHS Cambridge Research Associates, Daniel Yergin, said that “(a) better supplied world is a safer…
Growth In Texas’s Oil and Gas Industry
The Texas oil and gas industry has had a busy year. In June 2013 Kinder Morgan Energy Partners announced it was expanding its pipeline system into the Eagle Ford shale in Karnes County, Texas. This new pipeline project is the result of a long term contract with ConocoPhillips and will…
New Texas Gas Pipeline
A new gas pipeline is planned through Texas to bring natural gas to the Gulf coast. Two companies, Kinder Morgan and MarkWest Utica EMG, have entered a joint venture for a 1,100 mile gas pipeline and to develop a fractionation plant on the Gulf coast. The facility and pipeline will…
Chevron CEO Addresses Need for Sound Oil and Gas Policies
Recently, Chevron‘s Chief Executive Officer John S. Watson spoke at the Center for Strategic and International Studies and addressed the issue of whether the current boom in the oil and gas industry could serve as an opportunity for sensible energy policy reforms by the federal government. His suggestions included reforming…
Bad News for Texas Oil & Gas Industry: New Regulations for Onshore Fracing
The US Department of Interior’s Bureau of Land Management proposed new regulation for drilling on federal or Indian land. The BLM actually already amended the proposed regulation once, after there was serious criticism of their impact. To evaluate the amended proposal, the Independent Petroleum Association of America and Western Energy…
Texas Oil & Gas Well Operators May be Saddled with New Federal Fracing Regulations
The U.S. Department of the Interior issued a proposal in May 2013 for hydraulic fracturing regulations for federal and Native American land. The Department claimed that the goals were to maintain safety standards, improve integration between states and Native American tribes, and increase flexibility for oil and gas companies. The…
More Texas Oil Pipelines for Eagle Ford Shale
A new Texas oil pipeline started shipping condensates from Eagle Ford in May 2013. The new pipeline is owned by Double Eagle Pipeline LLC, a 50-50 joint venture between Magellan Midstream Partners and Kinder Morgan Energy Partners (KMEP). The condensates are coming from Karnes County and Live Oak County in…
Methane Emissions Limits for Texas Oil & Gas Wells?
A disagreement between groups of states is threatening to spill into a lawsuit over methane emissions regulations. Several northeastern states, including Connecticut, Delaware, Maryland, Massachusetts, New York, Rhode Island and Vermont, are threatening to sue the Environmental Protection Agency (EPA) under the Clean Air Act, trying to force the EPA…
Texas Oil & Gas Pipelines 101
As many of you are already aware, oil and gas pipelines in Texas and in the United States are being constructed at a record pace. Oil and gas pipeline construction is expected to be up by 73% in 2013. The Pipeline & Gas Journal recently reported that 116,837 miles of…