Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
October 22, 2014

Posts in "Natural Gas"

October 22, 2014

Energy Ads Intensify As Senate Campaigns Heat Up

LAPOL14 312 092214 240x159 Energy Ads Intensify As Senate Campaigns Heat Up

Sen. Mary Landrieu, D-La., right, answers questions from the local media during her event to exchange endorsements with Rep. Cedric Richmond, D-La., left, in Baton Rouge, La., surrounded by local elected officials on Sept. 22, 2014. (Photo By Bill Clark/CQ Roll Call)

With just under two weeks until an election in which control of the U.S. Senate is up for grabs, campaign ads are starting to intensify — in volume and rhetoric — in several key battleground states (Louisiana, Alaska, West Virginia, Arkansas, Kentucky, Colorado and Michigan). Somewhat surprisingly, energy and environment are the third most mentioned issue in Senate races this cycle (surprising since it barely registered during the 2012 presidential campaign). Some are running because the states they air in are significant energy producers. Others are running in states that feature environmentally conscious electorates.

The ads tend to focus on coal, oil, green energy and climate change. It shouldn’t come as a shock to anyone that West Virginia and Kentucky are leading the way in coal-related ads with both states featuring pro-coal positions in 87 percent of their energy-related ads. Also unsurprisingly, 39 percent of Iowa’s energy ads are anti-oil while 40 percent focus on green energy (likely, due to ethanol).

It’s also notable that both Democrats and Republicans are finding politically advantageous ways to deploy these energy ads. For instance, in blue states, Democrats are attacking Republicans for denying climate change and accepting money from the Koch brothers. And in red states, Republicans look to tie President Obama’s new environmental regulations around the necks of their opponents.

 

October 21, 2014

Are High Gas Prices Already A Thing Of The Past?

dw09070800141 240x165 Are High Gas Prices Already A Thing Of The Past?

Energy investor T. Boone Pickens speaks at a press conference promoting natural gas as an energy source. (Photo by Ryan Kelly/Congressional Quarterly)

In large parts of the country gas prices are just below $3 per gallon. And in an interview conducted on Monday at the Concordia Summit in New York City, T. Boone Pickens, the billionaire oil tycoon, was asked whether he thinks these prices are here to stay.

Pickens first noted the counter intuitive nature of the oil price drop given the recent unrest in the Middle East and the fact that just six years ago consumers were paying around $4 and $5 per gallon at the pump. When asked for the explanation, he pointed to the uptick in U.S. oil production.

“The United States has changed the whole landscape for oil, I’m talking about globally. We’re using more oil, we’re using 92 million barrels in the world every day, and that’s the most oil that we’ve ever used in the world,” he said. “So, oil demand is going up, and, by golly, oil supply  — the additions that have been added to it — come from the United States.”

But according to Pickens, the future of long-term oil prices is directly tied to natural gas and its use in American automobiles.

“Today, if you went out and shopped for a natural gas passenger car, you know what you see? One Honda GX Civic and you can get the Ford F-150 pickup,” he said, adding: “If we were in Paris, France, tonight, and we were going down to shop for a passenger car, you’d see 40 that you could buy.”

But although he thinks the United States will eventually head toward natural gas cars, he refused to predict when, noting that his past market predictions feature “good direction [but] questionable timing.”

October 20, 2014

The Week Ahead: Methane & Efficiency Scorecard

On tap this week:

Monday

Former EPA Administrator Carol Browner and Judi Greenwald, the Energy Department’s deputy director for climate, environment and energy will take part in a discussion on curbing methane emissions at the Center for American Progress. Full story

October 17, 2014

Unlike EIA, Market Anticipating Cold Winter

fercHeatingPrice 445x441 Unlike EIA, Market Anticipating Cold WinterStill feeling the sting from last winter, prices for heating commodities futures are more than double for some markets, according to an analysis from the Federal Energy Regulatory Commission. Full story

October 15, 2014

States Fighting CO2 Regs Get Money to Comply

495453921 445x296 States Fighting CO2 Regs Get Money to Comply

Appalachian Electric Power coal-fired Big Sandy Power Plant in Cattletsburg, Ky.
(Luke Sharrett/Getty Images)

The Energy Department has awarded $4.86 million to help reduce carbon dioxide emissions and increase efficiency through programs in 13 states, including several that are fighting proposed regulations. Full story

October 14, 2014

The Week Ahead: Russia, Solar, Gas, Carbon and Coal

A little bit of everything is happening this week, and much of it takes place Tuesday. Full story

October 10, 2014

Methane Hotspot Associated with Hydrofracked Coalbeds

satellite methane signal averages 445x234 Methane Hotspot Associated with Hydrofracked Coalbeds

(NASA/JPL-Caltech/University of Michigan)

An area in the Southwest accounted for the nation’s largest concentration of methane emissions during a period before 2010, researchers at NASA and the University of Michigan announced Thursday. Full story

ICYMI: Oil Slides, Export Reviews & Winter Outlook

456938438 445x296 ICYMI: Oil Slides, Export Reviews & Winter Outlook

Traders on the floor of the New York Stock Exchange Thursday, when the Dow Jones Industrial Average plunged more than 330 points on energy sales.
(Andrew Burton/Getty Images)

Oil prices dropped this week, leading to an energy sell off Thursday and the year’s biggest drop in the Dow Jones Industrial Average. Lower oil prices could lead companies to curtail shale development. Full story

October 9, 2014

Falling Oil Prices Could Cut Shale Production

174775721 445x296 Falling Oil Prices Could Cut Shale Production

Andrew Burton/Getty Images

For years the price of oil has been controlled by OPEC, which would simply throttle down the flow to decrease supply and maintain prices. The free market analogous process in U.S. shale oil production would likely kick in if oil prices continue their decline and fall another 20 percent or so, Fitch Ratings said Wednesday. Full story

Lawmakers Press for Alaska LNG Project

Alaska LNG project liquefaction plant 445x333 Lawmakers Press for Alaska LNG Project

Rendering of proposed project.
(Office of the Federal Coordinator for Alaska Natural Gas Transportation Projects)

Members of the Alaska delegation are pushing the Energy Department to expedite approval of exports of 2.55 billion cubic feet per day of liquefied natural gas from a facility planned in their state. Full story

October 8, 2014

EIA: Less Heating in Warmer Winter

Costs1 445x392 EIA: Less Heating in Warmer Winter

In developing models for estimating how much consumers are going to spend heating their homes this winter, the Energy Information Administration relied on a forecast that calls for a warmer than average winter. Full story

October 7, 2014

EIA Still Evaluating Crude Exports

108876647 445x262 EIA Still Evaluating Crude Exports

MARK RALSTON/AFP/Getty Images

The Energy Information Administration is running several studies on crude oil exports and expects results this month with a comprehensive report near year’s end, according to Administrator Adam Sieminski. Full story

October 6, 2014

Commerce Wants to Understand Condensates

phototry 445x332 Commerce Wants to Understand Condensates

A condensate stabilizer (Tryer Process Equipment).

Amid the industry tumult and political hullaballoo following two rulings earlier this year, the Commerce Department section in charge of regulating exports of crude oil has taken its sweet time figuring out what process companies deploy in the production of ultalight crude oil known as lease condensate. Full story

The Week Ahead: International Energy & Winter Heating

Monday

Energy Central will hold a webinar on U.S. energy policy with Mike Morris, former head of American Electric Power. Full story

October 3, 2014

ICYMI: Cove Point LNG, India Agreement & Radio Star Ernie

175090439 445x297 ICYMI: Cove Point LNG, India Agreement & Radio Star Ernie

Energy Secretary Ernest J. Moniz to be on NPR radio show.
(BRENDAN SMIALOWSKI/AFP/Getty Images)

Here’s a roundup of this week’s stories and items of note.

Citing the expiring investment tax credit, a company balked on plans to build a second solar concentrating plant after getting approval for just half the project. Full story

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