Interior delays Obama-era regulation on methane emissions
The BLM rule comes as the oil and natural gas industry announced a voluntary partnership to reduce methane emissions at drilling sites nationwide.
The BLM rule comes as the oil and natural gas industry announced a voluntary partnership to reduce methane emissions at drilling sites nationwide.
"This groundbreaking partnership further demonstrates the industry's leadership and commitment to responsibly developing America's energy resources while reducing emissions"
The rule will require refiners to mix 19.29 billion gallons of renewable fuels into the gasoline supply in 2018.
huge discoveries in the Marcellus and Utica shale regions of the US and warm temperatures during the winter of 2015/2016 caused the price to fall to the lowest level since 1998 at $1.6110 per MMBtu.
Biomass and waste fuels generated 2% of US electricity in 2016 (natural gas 34%, coal 30%, nuclear 20%). What makes up biomass and waste fuel?
ExxonMobil Corp. and seven other energy firms have teamed up to tackle natural gas sector greenhouse gas emissions.
Energy Secretary Rick Perry said it makes sense to renegotiate the North American Free Trade Agreement, in part because of the enormous new supply of U.S. oil and gas locked in once-inaccessible shale rocks.
Oil demand is forecast to keep rising until 2040, with natural gas growing by a sharp 40 percent. U.S. set to become the undisputed leader in crude and gas production.
The U.S. will be a dominant force in global oil and gas markets for many years to come as the shale boom becomes the biggest supply surge in history, the International Energy Agency predicted.
Lafayette will have the next six months to overhaul its oil and gas regulations as it prepares for what may prove to be a 30-year-long drilling boom slated for the region.