The group also won't go against the grain of the Republican leadership when it comes to scaling up
domestic oil and natural gas drilling.
In addition, the projected expansion in
domestic oil and natural gas production increases the risk of higher emissions if proper protections are not in place.
EIA's projections depict a United States gaining more control of its energy security with increased
domestic oil and natural gas production.
What we're seeing, of course, are the positive supply impacts of the U.S. energy renaissance — dramatic increases in
domestic oil and natural gas production over the past several years, thanks to the safe development of shale and other tight - rock formations using hydraulic fracturing and horizontal drilling.
Adding an additional and unresponsive federal layer of bureaucracy is unwarranted and can only hinder
domestic oil and natural gas production.
87 percent agree that increased access to
domestic oil and natural gas reserves could help stimulate the economy.
As the White House noted in its May report, «The All - Of - The - Above Energy Strategy as a Path to Sustainable Economic Growth,» dramatic increases in
domestic oil and natural gas production have brought jobs, energy security and economic growth.
During this season of gift - giving and receiving, Americans should give thanks for the gifts of plentiful
domestic oil and natural gas, modern technologies to harness them and an industry robust and innovative enough to bring the two together, resulting in surging, home - grown production.
If lawmakers pursue energy policies that constrain
domestic oil and natural gas production, particularly from hydraulic fracturing and horizontal drilling, they could consign future generations of Americans and millions of people around the world to a less prosperous and productive future, because those energy production technologies account for the bulk of our nation's increased energy production.
Alaska «s North Slope accounted for 25 percent of U.S.
domestic oil and natural gas production in 1988, but production has plummeted because the U.S. government has largely prevented exploration for new resources in the state both onshore and offshore.
The RFS is a relic of the era of energy scarcity in the U.S. whose intentions have been superseded by surging
domestic oil and natural gas production.
Greater
domestic oil and natural gas production increases U.S. energy security — that is, the assurance that we will have the energy to meet our future needs.
He also notes that in 2000, shale produced only 2 percent of
our domestic oil and natural gas supply.
As we say, a good development that ultimately could lead to more
domestic oil and natural gas in support of America's ongoing energy revolution, greater U.S. energy security, the creation of hundreds of thousands of jobs and positive economic growth into the next two decades.
The 2016 election - night polling shows that no matter what their political stripe, U.S. voters highly approve of the ways increased
domestic oil and natural gas development is strengthening our country — job creation, economic growth, energy cost savings to consumers and greater energy security.
Our domestic oil and natural gas industry is achieving the EISA goals of greater energy independence and security.
All signal a new embrace of safe and responsible
domestic oil and natural gas development.
Energy analysts believe Obama is likely to approve the project in the coming weeks, yet at the same time offer new regulations on
domestic oil and natural gas development.
A case that assumes significantly higher
domestic oil and natural gas resource availability results in lower natural gas prices, thus increasing natural gas's share of generation and lowering power - sector CO2 emissions.
No wonder, then, that Americans overwhelmingly support safe and responsible
domestic oil and natural gas development.
This particular pipeline has a good chance of dying on the vine in any case if and when easier, less expensive sources of transportation fuel come online, including
domestic oil and natural gas (and there are competing pipeline options and routes).
The impact of
domestic oil and natural gas production has seen a significant uptick in the past several years.
As
domestic oil and natural gas production fall, energy prices will rebound.
Each time,
the domestic oil and natural gas boom has been a major factor in Texas» success.
As detailed in the first three installments of Power Shift, an NBC News / CNBC special report, the United States is experiencing an energy boom created by new drilling technologies that have unlocked vast
domestic oil and natural gas reserves.
Not exact matches
PDC Energy, Inc. is a
domestic independent exploration
and production company that acquires, produces, develops,
and explores for crude
oil,
natural gas and NGLs with operations in the Wattenberg Field in Colorado
and in the Delaware Basin in West Texas.
As a result of the decline in both
oil and natural gas prices since 2014, the
domestic energy industry is experiencing duress not seen since the early 1980s.
He pledges to lower corporate taxes; support a fence on the U.S. southern border to improve security; repeal the health care bill; issue tax credits to students attending non-public
and charter schools; support
domestic energy production, including
oil drilling, coal mining
and natural gas extraction;
and invest in creating alternative energy sources.
Whether sold as bulk crude
oil and natural gas or as retail electricity, gasoline or diesel, the major exporters of OPEC, Russia
and others harbor some of the lowest
domestic energy prices in the world.
Natural gas and domestic oil production got a shout - out in the address as part of the President's vision of supporting
domestic energy resources, something that several Republican lawmakers were pleased,
and perhaps surprised, to hear.What I thought was more interesting was the President specifically calling out how big of a consumer of energy the U.S.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels
and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/
and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end
oil subsidies, promote
natural gas drilling, enhanced
oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids,
natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing
and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/
and oil spill veto,
natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking
and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/
and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12
and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/
and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act
And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/
And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap
and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/
and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap
and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/
and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for
domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
Generally, we believe the long - term outlook for our business remains favorable in both
domestic and international markets as capital spending will be required to replenish
oil and natural gas production, which should drive long - term demand for our services.
But Senator Pete V. Domenici of New Mexico, the senior Republican on the Energy
and Natural Resources Committee, has opposed any effort to end the tax incentives for
domestic production of
oil and gas.
I also believe that in the short - term, as we transition to renewable energy, we can
and should increase our
domestic production of
oil and natural gas.
Natural gas is also one of the winners because people see the oil spill on the news and blame oil, but are likely to forget natural gas» likely culpability in the original explosion, and therefore natural gas might emerge unscathed as the clean, «safe» and domesti
Natural gas is also one of the winners because people see the
oil spill on the news
and blame
oil, but are likely to forget
natural gas» likely culpability in the original explosion, and therefore natural gas might emerge unscathed as the clean, «safe» and domesti
natural gas» likely culpability in the original explosion,
and therefore
natural gas might emerge unscathed as the clean, «safe» and domesti
natural gas might emerge unscathed as the clean, «safe»
and domestic fuel.
Though the U.S. Senate missed a chance to expeditiously rectify an unnecessary regulation that could impact
natural gas and oil production on federal lands, jobs
and U.S. consumers, we trust supporters of
domestic energy will focus on future opportunities to implement policies
and commonsense regulations that ensure safe, responsible
and abundant production.
However, world
oil and natural gas prices do affect
natural gas trade
and domestic natural gas prices, which in turn affect the role of
natural gas in the U.S. power sector.
Thanks to vast
domestic shale reserves
and safe hydraulic fracturing, the U.S. is the world's leading producer of
oil and natural gas — which by far has had the most to do with reducing U.S. net crude imports.
U.S.
oil and natural gas companies continue to lead in investing in the
domestic economy, with five companies among the Progressive Policy Institute's top 25 in 2014 U.S. capital expenditures.
Fittingly, President Obama today was at Georgetown University, where he outlined a broad initiative to cut
oil imports, boost
domestic production of
oil and gas,
and increase the use of cellulosic ethanol
and natural gas to power vehicles.
Increase existing
domestic onshore
oil and natural gas liquids (NGLs) production of approximately 8 million barrels a day by 3 - 4 million barrels a day through the acceleration of horizontal drilling
and hydraulic fracturing to develop the enormous unconventional
oil and NGL resources that underlie many parts of our country;
Subtitle B: Disposition of Allowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity,
natural gas,
and / or home heating
oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers
and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture
and sequestration technology; (6) to invest in energy efficiency
and renewable energy; (7) to be distributed to Energy Innovation Hubs
and advanced energy research; (8) to invest in the development
and deployment of clean vehicles; (9) to
domestic petroleum refineries
and small business refiners; (10) for
domestic and international adaptation; (11) for
domestic wildlife
and natural resource adaptation;
and (12) for international clean technology deployment.
Through July 2015, over 80 percent of
domestic energy consumption came from
natural gas,
oil,
and coal.
Interesting weekend remarks from the Energy Department's deputy secretary on U.S.
oil and natural gas exports to Europe — especially so because DOE is the key federal agency in allowing
domestic liquefied
natural gas (LNG) export projects to proceed.
Developing America's vast
domestic oil,
natural gas, coal
and shale
gas deposits will generate millions of jobs
and hundreds of billions of dollars in critically needed royalty
and tax revenue.
Both would reduce the price of
oil and natural gas and result in their more widespread availability for both
domestic use
and export.
Who is actively fighting to ensure government policies shutter U.S. nuclear energy facilities; keep
domestic coal,
natural gas,
and oil in the ground; force up energy prices through taxes
and regulations;
and endanger national security by installing wind farms near military bases?
The U.S. is now a global
oil and natural gas superpower — not because of biofuels, but through investment in the
oil and gas industry
and increases in
domestic production.
This will further flood world markets with cheap American
domestic oil and fracked
natural gas.
Domestic U.S.
oil and natural gas companies are pioneers in developing alternatives
and expanding America's use of virtually every form of energy — from geothermal to wind, from solar to biofuels, from hydrogen power to the lithium ion battery for next - generation cars.