Oil

GAO Report Shows NEPA is Broken Oil and Natural Gas Oil

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WASHINGTON — IER Senior Vice President Dan Kish issued the following statement after the release of the Government Accountability Office’s (GAO) report on the National Environmental Policy Act (NEPA):

“GAO’s report indicates that NEPA is long past broken. What began

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Oil Producing North Dakota Outshines Other States in Personal Income Growth Analysis Oil

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According to the Bureau of Economic Analysis (BEA), average personal income growth in the U.S. slowed to 2.6 percent in 2013, from a 4.2 percent increase in 2012.[i] The lowest state personal income growth was in West Virginia (1.5 …

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China Exceeds U.S. as Largest Net Importer of Petroleum Analysis Oil

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Oil Production in the United States has been growing by leaps and bounds due to shale oil production made possible by horizontal drilling and hydraulic fracturing and is now at a 25 year high. Oil production in 2013 totaled 7.5

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U.S. Oil Production Reaches Highest Levels Since 1989 Analysis Oil

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U.S. oil production averaged 7.5 million barrels per day (bpd) in 2013, reaching the highest levels since 1989, according to new data from the Energy Information Administration (EIA). Domestic oil production hit 7.9 million bpd in December 2013, an 11 …

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Tier 3: The EPA is California Dreamin’ Analysis Oil

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On Monday, March 3, the Environmental Protection Agency (EPA) announced its Tier 3 regulations requiring U.S. refineries to further reduce their sulfur emissions from 30 parts per million to 10 parts per million beginning in 2017. EPA claims that to …

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Northeast Switched from Natural Gas to Oil Due to Lack of Infrastructure Analysis Oil

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The Northeast has turned to natural gas as its primary fuel for electric generation and heating, but the natural gas pipeline infrastructure is not available to meet spiking demand when extreme cold weather hits. This was made strikingly clear last …

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