“It is difficult to overestimate Jon [Wellinghoff]’s impact on the electricity industry in recent years — or for that matter in the years to come.”
–Dan Delurey, Executive Director of the Association for Demand Response and Smart Grid
As the administrative head of an agency with approximately 1,500 employees and a $300+ million budget, the Chairman of the Federal Energy Regulatory Commission (FERC) sets the priorities of an otherwise fairly independent agency. [1] Current Chairman Jon Wellinghoff recently informed the Obama administration he would not seek an additional term, ending a seven-year stay as Commissioner (2006–09) and as Chairman (2009–2013).
Wellinghoff was appointed a FERC Commissioner in 2006 by President Bush, largely on the support of Harry Reid, his fellow Nevadan and ally in the Senate. With Reid’s continued support and a staunchly pro-renewable record at FERC, Wellinghoff was promoted by President Obama from Commissioner to FERC Chairman in 2009.…
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Issue: 2013-06-15
[Ed. note: North Dakota registered $25.3 billion in taxable economic activity 2012, a 29 percent increase from 2011. The major reason for this economic boom is described below.]
Any discussion of the revolution in U.S. upstream technology and its impact on the U.S. energy balance must include the Bakken play, centered in North Dakota but also reaching into Montana and Canada. It’s no wonder. It has raised North Dakota to the number two state after Texas in U.S. crude oil production.
Now at more than 700,000 barrels per day and still growing, North Dakota’s crude oil production accounts for 11 percent of the domestic total, and is contributing to the strongest economic growth and strongest employment of any state. Here we revisit the Bakken to fill in more details for the play that serves as the forerunner and icon of the tight oil revolution.…
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