U.S.-Mexico Transboundary Hydrocarbons Agreement: A Rare Victory for Oil and Gas in the Obama Era

By Daniel Simmons -- April 30, 2013 No Comments

“The energy and economic welfare of the United States and Mexico are intertwined by our shared geography, geology, and peoples. The Transboundary Hydrocarbon Agreement will help to tie our countries together and grow our economies.”

– Daniel Simmons, Testimony before House Natural Resources Subcommittee on Energy and Mineral Resources, “U.S.-Mexico Transboundary Hydrocarbon Agreement and Steps Needed for Implementation,” April 25, 2013.

Mexico is America’s third largest trading partner and has been one of the largest sources of oil exports to the United States. Mexico is the largest recipient of U.S. gasoline exports and the second largest recipient of our natural gas exports.

The energy trade between the United States and Mexico is growing, especially for America’s finished petroleum and natural gas exports. Mexico’s heavy oil production is falling, but that means more spare refining capacity on the Gulf Coast if Canadian oil sands can be transported to the Gulf Coast.

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Harvard Eco-Activist vs. FracFocus: Duping the Media

By John Krohn -- April 26, 2013 No Comments

new study from researchers at Harvard University alleges that FracFocus “fails as a regulatory compliance tool.” Those of us who are actually familiar with the issues involved in fluid disclosure know that’s not true, but it seems the media saw a narrative too enticing to question: another alleged “failure” regarding hydraulic fracturing.

Here are a few examples:

  • Bloomberg News: “FracFocus Fails as Fracking Disclosure Tool, Study Finds”
  • Associated Press: “Report highlights problems with fracking database”
  • Dallas Morning News: “Fracking disclosure site contains ‘serious deficiencies,’ Harvard study says”
  • Denver Post: “Colorado fracking database questioned by Harvard study”
  • FuelFix/Houston Chronicle: “Harvard report slams fracturing chemical website”
  • E&E News: “FracFocus has ‘serious flaws,’ Harvard study says”

The problem is, most of these stories were essentially press releases describing publication of the study.…

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Dow Chemical (et al) vs. LNG Exports: An Intellectual, Political Embarrassment for Business

By Robert Bradley Jr. -- April 25, 2013 4 Comments

“Some molecules are painted with a no export sign. Other molecules are painted with the OK to export sign, and there doesn’t seem to be any rhyme or reason as to why some molecules are OK and some aren’t.”

– Rusty Braziel, RBN Energy LLC, quoted inCrude export ban no match for lightest U.S. shale oil,” Fuel Fix, February 26, 2013.

“It’s not often you get to participate in a paradigm shift in an industry, and I think we are doing that now.”

– Anders Ekvall (Shell LNG), quoted in Harry Weber, “Natural Gas Industry Expects Big Things,” Houston Chronicle, April 20, 2013.

At the LNG 17 mega-conference in Houston last week, more than 5,000 industry professionals from 80+ countries, and thousands more visitors enjoying 200,000 square feet of exhibits, plotted to make natural gas a global commodity not unlike oil.

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EPA’s Tier 3: Transportation Overreach

By -- April 15, 2013 4 Comments

“Nothing in the Clean Air Act says EPA needs to promulgate any of these rules. But nothing says it can’t do so. It’s largely discretionary, and this Administration is determined to ‘interpret’ the science and use its executive authority to restrict and penalize hydrocarbon use – and ‘fundamentally transform’ America.”

President Obama’s Environmental Protection Agency has already promulgated a tsunami of 1,920 regulations (Heritage Foundation: forthcoming). Many will bring few health or environmental benefits but impose high economic and unemployment costs, often to advance the Administration’s decidedly anti-hydrocarbon (aka anti-industrial-growth) agenda.

The Heritage Foundation has calculated that his EPA’s twenty “major” rulemaking decisions (costing $100 million or more annually) alone could cost the United States over $36 billion per year.

Cleaning Up Clean

The latest example involves a third layer (or tier) of rules that the agency says will clean the nation’s air and save lives, by forcing refineries to remove more sulfur and other impurities from gasoline.

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North American’s Energy Boom (will Mexico join?)

By Maureen Crandall -- March 27, 2013 2 Comments Continue Reading

Sierra Club: Thy Name is Hypocrisy (natural gas for and against)

By Steve Everley -- March 18, 2013 7 Comments Continue Reading

Are ‘Fractivists’ Promoting Global Warming? (unintended consequences of a futile crusade

By Michael Shellenberger & Ted Nordhaus -- March 7, 2013 7 Comments Continue Reading

McClendon’s Price Lesson at Chesapeake (“Depletable” resources expand)

By -- February 28, 2013 1 Comment Continue Reading

AWED Energy & Environmental Newsletter: 2/18/13

By -- February 18, 2013 7 Comments Continue Reading

Free Market Environmentalism: Julian L. Simon Memorial Award Remarks

By Robert J. Smith -- February 15, 2013 3 Comments Continue Reading