The U.S. Energy Department on Feb. 28 issued a notice of sale of crude oil from three Strategic Petroleum Reserve, or SPR, sites – Bryan Mound and Big Hill in Texas, and West Hackberry in Louisiana. In fiscal year 2020, the Energy Secretary is authorized to sell up to $450 million worth of oil from…...
The U.S. Agriculture Department on Feb. 20 announced a goal to boost biofuel production efficiency and competitiveness to achieve market-driven blend rates of 30 percent of transportation fuels by 2050. The goal is part of a department-wide initiative, which aims to increase farm production by 40 percent, while cutting the sector’s environmental footprint by 50…
The North Dakota Public Service Commission on Feb. 19 granted a permit allowing Energy Transfer Partners to add a pump station designed to increase the capacity of its Dakota Access Pipeline from 600,000 barrels per day to up to 1.1 million barrels of crude oil per day. The 1,172-mile pipeline, which has been operating since…
The U.S. is projected to export more crude oil and petroleum combined than it imports until 2050, according to the U.S. Energy Information Administration’s Annual Energy Outlook 2020. In two scenarios, one with more oil and gas supply and the other with higher oil prices, the agency expects the nation to become a net exporter…
The Minnesota Public Utilities Commission on Feb. 3 determined that a court-ordered revised environmental review of Enbridge Inc.’s Line 3 pipeline project is adequate. The agency also approved and re-issued the certificate of need and route permit for the project, which has been delayed for a year due to opposition from environmental groups and permitting…
The U.S. Court of Appeals for the Tenth Circuit on Jan. 24 vacated three orders issued by the Environmental Protection Agency in 2017 granting extensions of small refinery exemptions under the Renewable Fuel Standard, or RFS, program. The court ruled that the agency cannot allow extensions of exemptions that had lapsed, noting that none of…
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…
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. 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…
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…
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 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…
