News - Oil and Gas
The ongoing COVID-19 pandemic has had a destructive effect on the oil industry, but may give lawmakers and policy experts a chance to do some productive, environmentally friendly long-term energy planning, three Duke University experts said Wednesday during a press briefing for reporters.
In 2018, Canada finalized regulations to reduce methane emissions from upstream oil and natural gas facilities, some provisions of which went into effect in January 2020. In an analysis of Canada's new rules for the International Energy Agency, Kate Konschnik and IEA's Frances Reuland write that action to reduce methane emissions is one of the most cost-effective options to reduce global emissions and an essential complement to efforts to bring down emissions of carbon dioxide.
Regulating methane emissions will not only support the future competitiveness of the Canadian oil and gas sector but it will also provide real societal benefits and economic value, write Sarah Marie Jordaan and Kate Konschnik in an op-ed for The Globe and Mail.
The New Republic reports that the massive Aliso Canyon storage field, which contained more than 110 underground wells, is just a small part of America’s much larger natural gas infrastructure. Approximately 15,000 such wells are active across the United States, and nearly half of them are concentrated in six states: Pennsylvania, Ohio, West Virginia, Michigan, New York, and California.
As part of his climate-change focused presidential campaign, Washington Gov. Jay Inslee has proposed a plan to rapidly phase out extraction of fossil fuels in the U.S. The plan includes ending fossil fuel drilling on federal land, terminating taxpayer subsidies to fossil fuel business, and pursuing a complete, nationwide ban on fracking.
Atmospheric methane concentrations continue to increase globally, despite a pledge in 2016 from the leaders of the United States, Canada, and Mexico to reduce methane emissions from each country's oil and gas sector.
The Gulf Research Program (GRP) of the National Academies of Sciences, Engineering, and Medicine today announced grant awards for seven new projects totaling $5.3 million, including an award to a team of researchers led by Lydia Olander of Duke University’s Nicholas Institute for Environmental Policy Solutions.
In his new book, “The Fracking Debate: The Risks, Benefits, and Uncertainties of the Shale Revolution,” Daniel Raimi examines both sides of the oil and gas development issue.