In The Pipeline

Energy & Climate Headlines

The Energy Policy End Game
In 41 days, the long-imposed moratorium on offshore oil drilling and domestic oil shale production is set to expire — gone. This happens automatically and can be stopped only if Congress votes to re-establish the ban.

http://voices.washingtonpost.com/capitol-briefing/2008/08/big_oil_bob_vs_flip-flopping_u.html
Every day seems to bring another neat campaign trail microcosm of how the energy issue is playing out nationally.

U.S. Appeals Court Overturns EPA’s Pollution Rule
The decision by the U.S. Court of Appeals for the District of Columbia Circuit could lead to higher compliance costs and give states, local authorities and environmentalists more data that could be used to prosecute polluters, environmentalists said.

Group says climate resolutions increase
Support for climate-change proposals may be growing among investors in big U.S. companies.

47 companies bid on Gulf offshore oil leases
Dozens of energy companies bid Tuesday to explore nearly two million acres of the western Gulf of Mexico for oil and natural gas, but no offers were made for 90 percent of the acreage on the auction block.

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U.S. Energy Information Administration (EIA)

Environment
energy-related emissions data & environmental analyses

Economic Impacts of Warner-Lierberman
EIA report on the economic impacts of S. 2191

Gas and Diesel Fuel Updates

Nuclear Energy 101

Coal 101

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Upcoming Events

Iran Expects OPEC Supply Cut as Heavy Oil Demand Weak
The Organization of Petroleum Exporting Countries will eventually have to cut production of lower-quality crude as warmer weather in the northern hemisphere reduces demand for oil, Iran’s OPEC governor said today.

Oil stockpiling may get key tests today
The Senate and House are both expected today to approve legislation to stop the Bush administration from adding more oil to the Strategic Petroleum Reserve.

Hearings planned on energy market speculation
NEW YORK (Reuters) - A House committee has started investigating speculation in energy markets, with plans to hold hearings in May and June, the Wall Street Journal said on Monday, citing a Democratic aide and several other people invited as witnesses.

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IER Studies

Speculators Not to Blame for High Oil Prices

IER Economist Murphy Takes on Nordhaus’ Case for a Carbon Tax

Energy Lesson: Drilling vs. Production

Top Five Actions Your Federal Government Can Take to Lower Energy Prices

Gasoline: Breaking Down Price Per Gallon

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Facts On Energy

The World’s Largest Oil and Gas Companies

Outer Continental Shelf (OCS) Statistics
Every five years, the Minerals Management Service leases out federal land for resource production. Here are statistics that outline the activity for the 2007-2012 leasing program.

New Gov’t Report Offers Road Map for Energy Relief
The Bureau of Land Management today released a study that shows vast untapped oil and natural gas resources exist on public lands in the U.S. At least 31 billion barrels of oil and 231 trillion cubic feet of natural gas exist onshore, but are off-limits

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Press Releases

While Congress is on Vacation, IER Launches 5-State Energy Education Ad Campaign

Bogus Lease Claims in “Use It or Lose It” Proposal Stymie Real Energy Security

Better Off Doing Nothing

Earnings Week Intensifies Silly Season on Capitol Hill

Congress Continues to Wag Finger at Ghosts, Real World Energy Solutions Remain On Hold

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IER in the News

Oil and Gas Journal: BLM releases proposed oil shale development regs
The US Bureau of Land Management on July 22 published proposed regulations to establish a commercial oil shale development program, which it said could add as much as 800 billion bbl of oil to US reserves…

Washington Times - Bush will end executive ban on offshore drilling
President Bush on Monday repealed an executive order banning offshore drilling for oil in the U.S. Outer Continental Shelf, increasing pressure on the Democratic-controlled Congress to follow suit and remove their own moratorium.

New York Times: Bush Acts on Drilling, Challenging Democrats
President Bush lifted nearly two decades of executive orders banning drilling for oil and natural gas off the country’s shoreline on Monday while challenging Congress to open up more areas for exploration to address soaring energy prices.

Scripps Howard News Wires - Bush acts to end ban on offshore oil drilling
President Bush lifted an executive ban on oil and gas drilling off much of the nation’s coasts on Monday, arguing that $4-a-gallon gas prices have left the country with no choice but to tap into its natural resources…

Houston Chronicle - Study: Global warming may spark more kidney stones
Dallas scientists find the risk may rise by at least 30% if the climate change indeed occurs

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