Week In Review: November 9, 2018
Fri, November 09, 2018
November 9, 2018
Admiral Michael Rogers – former director of the National Security Agency and commander of the U.S. Cyber Command – closed the two-day Shale Insight Conference by looking a the shale boom from his perch: national security.
“Watching what you have created, the strategic flexibility it has given this nation, is something that is really amazing.”
The Permian Basin is pumping out record amounts of oil and natural gas, and newly released federal data show that methane emissions from America’s largest oilfield are declining.
The U.S. Interior Department unveiled final revisions to an Obama-era rule aimed at curbing methane emissions from oil and natural gas operations on federal lands. The Environmental Protection Agency also recently announced proposed improvements for the 2016 New Source Performance Standards designed to ease regulatory burdens on domestic energy producers by modifying the frequency for monitoring leaks at well sites and compressor stations and adopting other important technical corrections to the original NSPS rule.
This Week's Topic: Exports
U.S. crude oil exports are expected to hit nearly 4 million barrels a day by 2020.
The export volumes are expected to rise to 2.2 million barrels a day in 2019 and hit 3.9 million barrels a day by 2020, according to a new report by research firm S&P Global Platts.
President Obama’s EPA imposed several federal methane regulations that are preventing the Texas energy boom from reaching its full potential. The Trump administration is now looking to revise these costly rules, but anti-fossil fuel environmentalists are fighting to keep them on the books.
STAND UP TO RADICAL ENVIRONMENTALISTS and tell the U.S. EPA that the methane agenda is a direct attack on the Texas energy economy.
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