Tag: "pipeline"

Senate Energy Policy Leaves Out Oil and Highway Funding

The focus of the Energy Policy Modernization Act of 2015 includes energy efficiency and conservation, protecting the electric grid and speeding up the application process for liquid natural gas refineries. The bill includes: The secretary of the Energy Department to issue a final decision on applications to export liquefied natural gas within 45 days after […]

Political Versus Market Energy Economics

With news of a consensus on its financing structure, details of a proposed natural gas pipeline called the Turkish Stream are expected to be finalized as early as June 18th. The pipeline, which is estimated by internal sources to cost over $2 billion, will originate in Russia, pass through Turkey and end in Greece. The […]

U.S. Energy Infrastructure Still Lacking

Energy booms, whether from oil or gas, will continue as both technology develops and more resources are discovered. However, each energy boom puts a strain on our existing energy infrastructure. For instance, oil can be transported by truck, ship, rail and pipeline. Pipeline is the safest and most reliable way to transport oil. Even with 185,000 […]

Natural Gas Supply and Demand — A Structural Problem in the Northeast

The cost of residential heating and cooling in the Northeast is comparatively high, with no clear end in sight. Fracking regulations and outright bans are pushing whole industries out of densely populated municipalities as well as entire states such as New York, where the extraction methodology has met strong opposition at each level of government. […]

The Effect of President Obama’s Keystone XL Veto

President Obama officially vetoed the Keystone XL pipeline project after bipartisan votes by both the House and Senate landed the bill on his desk. Without the Senate to block legislation from getting to his desk, the president is now planning to veto many bills that pass both houses. Veto-proof coalitions are now needed to pass […]

Keep Oil Prices Down by Passing Keystone XL

The Tampa Bay Times conducted a fact check on some statements made by Senator John Thune of South Dakota on Sunday. The fact check covered two main points: ―President Barack Obama’s own administration has done five environmental impact assessments of the Keystone XL pipeline According to the fact check, the U.S. State Department actually had […]

Fast-Track Keystone XL Plan Doomed to Fail

Coordination by the House and Senate to quickly pass the Keystone XL pipeline was doomed to fail last week. The coordination was awkward, to say the least, the House easily passed the approval of the pipeline, yet again, while the Senate had an entirely different situation. The Senate never had the votes to pass the […]

Power Politics: The Battle Over Keystone

The Keystone XL Pipeline got its vote, but not the results supporters were looking for. Supporters had renewed their hopes for passage of the pipeline after the resounding Republican victory in the midterm elections. Despite the President’s continued opposition to the project, the House of Representatives had remained staunchly pro-Keystone; Friday’s 252 to 161 passage […]

Renewed Hope for Keystone XL Post Mid-Terms

The election results from last night changed control of the senate to the GOP again. For the first time since 2006, party control of the upper chamber has changed hands. Many bills that could get through the House but stalled in the Senate now have a second chance at passage. The Keystone XL pipeline did […]

Keystone XL Meet Energy East

President Obama’s reluctance to approve the Keystone XL pipeline from Canada to the Gulf Coast, is forcing one of the largest energy rich countries to look at alternative ways to export its crude. The proposed TransCanada Energy East pipeline would be an all-Canada pipeline transporting the vast reserves of Alberta’s oil sands to the city […]