Moniz: Obama Wants More, Cleaner Oil and Gas Production
Posted at 3:19 p.m. on July 21, 2014
Citing the greenhouse gas emission reductions from increased natural gas use and the economic benefits of both gas and oil development, Energy Secretary Ernest J. Moniz is reiterating previous calls from President Barack Obama to increase production.
“President Obama continues to advocate for the expansion of this production for the impacts on the economy,” Moniz told an audience at Carnegie Mellon University in Pittsburgh (video, remarks from Moniz begin at 43:12). The president calls for federal and state involvement with companies “to reduce all aspects of the environmental footprint,” Moniz said. Such issues “are challenging, but they are manageable,” he said. “But we must manage them, we must manage them all the time.”
Moniz said there had been progress with some aspects of production such as the quality of well completions and management of water used to fracture wells, but he urged more improvement.
“We still have to keep pushing down on this, and we can do better,” he said.
His remarks were part of the Quadrennial Energy Review the department is overseeing, with a focus on energy infrastructure this year.