Week in Review: October 12, 2018
Fri, October 12, 2018
October 12, 2018
Energy development is unquestionably good for Texas. It provides jobs, billions of dollars in tax revenue, and it makes the United States more energy secure. The United States is now the world’s largest producer of oil, thanks in large part to places like the Permian Basin and the Eagle Ford Shale. As the largest natural gas producer in the country, Texas is also playing a key role in reducing air pollution: the United States leads the world in reducing carbon dioxide emissions, and that’s primarily due to the increased use of clean-burning natural gas.
A new report from the Washington D.C.-based Environmental Integrity Project (EIP) grossly misrepresented emissions from petrochemical facilities along the Gulf Coast, according to an analysis of state and national emissions data by Texans for Natural Gas. The data show that EIP overstated emissions by tens of millions of tons of carbon dioxide equivalent (CO2e), chiefly by relying on permitted levels of emissions rather than the actual levels.
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.
They aren’t getting the national media attention that was focused on the year-long, often-violent protests of the Dakota Access Pipeline in 2016/17, but activists are still disrupting the building of a number of pipelines around the country. Several major new oil and gas pipeline projects around the U.S. are experiencing delays and disruptions due to the ever-evolving tactics deployed by well-funded anti-development activist groups.
The State Department’s draft supplemental environmental impact statement shows yet again, that the Keystone XL pipeline is safe - despite what activists and the radical "Keep It In The Ground" campaign claim.
This Week's Topic: Oil Exports
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