The U.S. Energy Department issued a notice of sale of crude oil from the Strategic Petroleum Reserve, or SPR, to fulfill the requirements of the Bipartisan Budget Act of 2015 and the Consolidated Appropriations Act of 2018, according to an Aug. 21 news release. The sale will be conducted with crude oil from three sites…
The U.S. Interior Department announced that its Gulf of Mexico oil and gas lease sale held on Aug. 21 generated $159.4 million in high bids for 151 tracts covering about 835,000 acres, down from the previous sale, which drew about $244.3 million. The region-wide lease sale offered 77.8 million acres, including all available unleased areas…
U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals combined established a new production record, according to the Energy Information Administration. In 2011, the country overtook Russia to become the world’s largest producer of natural gas and just last year surpassed Saudi Arabia in the production…
The U.S. Environmental Protection Agency on July 5 proposed set a blending volume of 20.04 billion gallons for 2020 under the Renewable Fuel Standard, up from the current level of 19.92 billion gallons. The proposal would keep the target for conventional biofuel, mainly corn-based ethanol, at 15 billion gallons. However, proposal drew criticism for failing…
The Minnesota Pollution Control Agency and Department of Natural Resources said they may not take final action on Enbridge Inc.’s permit applications for its Line 3 replacement project until the deficiency in the environmental review of the proposed oil pipeline is addressed, according to a June 18 news release. The announcement follows a recent ruling…
The Oregon legislature on June 7 approved a measure that seeks to prohibit the use of hydraulic fracturing for oil and gas exploration and production. The ban is set to expire on Jan. 2, 2025. (HB 2623) The bill exempts the use of fracturing for natural gas storage wells, geothermal activities, and existing coal bed…
The U.S. Court of Appeals for the Ninth Circuit Court on June 6 ruled in favor of TC Energy’s proposed Keystone XL oil pipeline, vacating a lower court decision that halted construction of the project after determining that the environmental review of the project was incomplete. The appeals court found that the injunction no longer…
The U.S. Environmental Protection Agency finalized regulatory changes allowing the sales of E15 gasoline, a fuel blend of gasoline and 15 percent ethanol, during summer months, according to a May 31 news release. The move expands the waivers for “Reid vapor pressure,” a measure of gasoline volatility, which currently applies to E10 blends to E15…
The United States produced a record amount of energy from various sources in 2018, reaching 96 quadrillion British thermal units, 8 percent higher than in the previous year, according to the Energy Information Administration’s latest Monthly Energy Review. While fossil fuels like crude oil and natural gas saw increases of 17 and 12 percent respectively…
U.S. exports of petroleum products hit a new high last year, reaching an annual average of 5.6 million barrels per day, an increase of 366,000 from 2017, according to an April 23 report from the U.S. Energy Information Administration. Distillate, propane, and motor gasoline together had the largest share of exports. The large volumes were…
The U.S. Senate voted 56-41 on April 11 to confirm David Bernhardt as Secretary of the Interior. President Trump’s pick for the position has been acting secretary since Jan. 2, following Ryan Zinke’s resignation amid multiple ethics probes. He served as the department’s top lawyer under President George W. Bush and worked as a lobbyist for the…
U.S. President Donald Trump signed two executive orders on April 10 aimed to speed up the federal process for cross-border energy infrastructure projects and restrict the role of states in the permitting process for siting pipelines and other fossil fuel projects. One order directs the Environmental Protection Agency to review a section of the Clean…