U.S. Energy Department Announces Crude Oil Purchase to Test Market

U.S. Interior Department Announces Utah Oil, Gas Lease Sale

The U.S. Interior Department’s Bureau of Land Management will offer 25 parcels of land, totaling about 32,700 acres located on Uintah County, at the March quarterly oil and gas lease sale, according to a Jan. 23 news release. The bureau will hold the lease sale online on March 10. The agency will conduct an additional…

Appeals Court Overturns Case Blocking Keystone XL Oil Pipeline, Following Renewed Cross-Border Permit

Trump Administration Allows Right-of-Way Permit for Controversial Keystone XL Pipeline

The U.S. Interior Department issued a decision allowing the Bureau of Land Management to offer a right-of-way grant for TC Energy to construct the Keystone XL pipeline across 44 miles of federal lands in Montana, according to a Jan. 22 news release. The decision brings the $8 billion project a step closer to construction despite pending…

U.S. Petroleum Exports

U.S. Petroleum Exports Surpass Imports, Setting New Monthly Record in Over Four Decades: EIA

U.S. exports of crude oil and petroleum products exceeded imports by 89,000 barrels a day in September, a turning point from only a decade ago, when imports surpassed exports by 10 million barrels a day, according to a Dec. 31 report from the U.S. Energy Information Administration. The agency attributed the trend to changes in…

U.S. Interior Department Announces Colorado Oil, Gas Lease Sale

U.S. Set New Records for Oil and Natural Gas Production in 2018: EIA

Year-over-year increases in U.S. proved reserves resulted in record-high levels of crude oil and lease condensate, up 12 percent, and natural gas up 9 percent in 2018, according to the U.S. Energy Information Administration’s U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2018 report. Strong oil and natural gas prices in 2018 drove the increase in…

Natural Gas Flaring Venting

U.S. Natural Gas Flaring Hit Record High in 2018 Amid Glut in Oil Production: EIA

Venting and flaring of U.S. natural gas reached its highest average annual level of 1.28 billion cubic feet per day in 2018, with North Dakota and Texas accounting for 82 percent of the amount, according to a Dec. 6 report from the U.S. Energy Information Administration. As crude oil production has outpaced the buildout of…

U.S. Energy Related Emissions

U.S. Energy-Related Emissions Rise After Four Years Amid Higher Natural Gas, Petroleum Use: EIA

U.S. energy sector carbon emissions rose by 2.7 percent last year compared to 2017, reaching 5.27 billion metric tons, according to a Nov. 26 report from the U.S. Energy Information Administration. Emissions in 2018 rose for the first time since 2014, driven by higher natural consumption to meet demand during extreme weather conditions and transportation-related…

Oil, Gas Development in Arctic Reserve

Trump Administration Considers Expanding Oil, Gas Development in Arctic Reserve

The U.S. Interior Department’s Bureau of Land Management on Nov. 21 issued a draft environmental review for a new integrated activity plan for the 23-million acre National Petroleum Reserve-Alaska. The proposal includes an alternative that would open as much as 18.3 million acres, or about 80 percent of the reserve, to oil and gas development,…

U.S. Energy Department Announces Crude Oil Purchase to Test Market

California Halts Drilling Permits to Intensify Scrutiny of Oil, Gas Operations

The California Department of Conservation halted approval of new permits for wells that use high-pressure steam to extract oil from underground formations and instituted a scientific review of pending applications to conduct hydraulic fracturing and other well stimulation practices, according to a Nov. 19 news release. The new measures stem from legislation enacted last month…

Strategic Petroleum Reserve Bayou Choctaw

ExxonMobil Granted Lease of U.S. Strategic Petroleum Reserve Facility

The U.S. Energy Department awarded a 20-year contract to ExxonMobil Pipeline Company to operate the Strategic Petroleum Reserve’s two-million-barrel capacity St. James marine terminal and Bayou Choctaw 36-Inch Pipeline, according to an Oct. 28 news release. The new lease, effective Jan. 1, 2020, ends Shell Pipeline Company LP’s 22-year control of the facilities. The St.…

Renewable Fuel Standard

Biofuel Industry Says U.S. EPA Failed to Ensure Integrity of Renewable Fuel Program

The U.S. Environmental Protection Agency on Oct. 15 proposed to calculate the small refinery exemptions for 2020 under the Renewable Fuel Standard, or RFS, program based on a three-year average of the relief recommended by the Energy Department. The biofuel industry criticized the proposal for failing to meet the Oct. 4 agreement with the Trump…

Fossil Fuels Continue to Dominate U.S. Energy Production and Consumption Despite Growth in Renewables: EIA

Fossil fuels continue to account for the largest share of energy consumption in the United States. Last year, about 79 percent of domestic energy production was from fossil fuels, and 80 percent of domestic energy consumption originated from fossil fuels, according to the Energy Information Administration. The share of U.S. total energy production from fossil…

Enbridge Line 3

Enbridge’s $2.9 Billion Oil Pipeline Wins Minnesota Court Challenge

The Minnesota Supreme Court on Sept. 17 declined to hear challenges by tribal and conservation groups to the environmental review of Enbridge Inc.’s proposal for replacing its aging Line 3 crude oil pipeline across northern Minnesota. In a June ruling, the Minnesota Court of Appeals found that the project’s environmental review failed to consider the…