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Keyword: drillbabydrill

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  • Trump Administration Aims to Open Nearly All of America’s Offshore Waters to Drilling

    01/05/2018 11:15:11 AM PST · by Oatka · 16 replies
    Reuters via gCaptain ^ | Jan 4, 2017 | Valerie Volcovici
    As per copyright - link only
  • Trump moves to vastly expand offshore drilling

    01/04/2018 11:11:15 AM PST · by Olog-hai · 35 replies
    Associated Press ^ | Jan 4, 2018 1:04 PM EST | Matthew Daly
    The Trump administration on Thursday moved to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters off the California coast for the first time in more than three decades. The new five-year drilling plan also could open new areas of oil and gas exploration in areas off the East Coast from Georgia to Maine, where drilling has been blocked for decades. Many lawmakers in those states support offshore drilling, although the Democratic governors of North Carolina and Virginia oppose drilling off their state coasts. Florida Gov. Rick Scott, a...
  • Fleet of robotic ships, subs, and satellites is the future of offshore drilling: Study

    01/03/2018 8:31:08 AM PST · by Oshkalaboomboom · 1 replies
    Washington Examiner ^ | Jan 03, 2018 | John Siciliano
    A fleet of drone ships would be a key part in staving off another major offshore oil disaster in the Gulf of Mexico, according to a new report issued by a task force created after the worst oil spill in the energy industry's history. The National Academies of Sciences' Gulf program issued a report Wednesday that calls for the creation of a fleet of robotic ships, miniature drone-like submarines and underwater gliders to track oil flows along the Gulf's sometimes unpredictable underwater currents. Tracking oil's movements under the water, not just at the surface, became a key problem after the...
  • Trump administration rescinding rules for oil, gas drilling

    12/28/2017 4:36:53 PM PST · by Olog-hai · 17 replies
    Associated Press ^ | Dec 28, 2017 5:44 PM EST
    President Donald Trump’s administration is rescinding proposed rules for hydraulic fracturing and other oil- and gas-drilling practices on government lands. The U.S. Department of the Interior announced Thursday the rescission would take effect Friday. The rules developed under President Barack Obama would have applied to drilling on federal lands located mainly in the West. They were set to take effect in 2015 but a judge in Wyoming sided with petroleum industry groups and blocked them at the last minute. …
  • Clearing Up Some Confusing Headlines About The U.S. Oil And Gas Industry

    12/20/2017 5:59:05 AM PST · by x1stcav · 11 replies
    DB Daily Update ^ | 12/19/17 | David Blackmon
    In the oil and gas industry, sometimes it is hard to figure out what is real and what isn’t – what is really happening, and what really isn’t happening. I spent 38 years in the industry, and still have a hard time figuring it all out. Here are some good recent examples of stories whose headlines made bold claims that, upon reading the entire stories, turned out to be quite nuanced: Are investors really abandoning the shale industry? Did the World Bank really cut off funding of oil and gas projects? Has the business case for building the Keystone XL...
  • Trump Doubles Down On ‘Energy Dominance,’ Puts Up Millions Of Acres In Alaska For Drilling

    12/06/2017 12:17:40 PM PST · by Ernest_at_the_Beach · 64 replies
    Dailycaller.com ^ | 1:58 PM 12/06/2017 | Tim Pearce Energy Reporter
    The Bureau of Land Management is auctioning off 10 million acres worth of leases Wednesday for oil and gas exploration in the National Petroleum Reserve-Alaska (NPR-A), 150 miles west of the Arctic National Wildlife Refuge (ANWR).Republicans in Congress are fighting to open ANWR to oil and gas exploration through the GOP tax bill. The Trump administration is moving ahead with oil drilling in Alaska through the NPR-A, 23 million acres free from the federal restrictions that cover ANWR.The 10-million-acre lease offering will be the largest single lease sale in the history of the area. The previous record was set...
  • Watchdog: Trump Offers Substantial Amount of Alaskan Reserve to Oil Companies

    12/05/2017 5:36:04 PM PST · by smileyface · 17 replies
    Sputnik ^ | Dec 6, 2017
    The Trump administration is offering oil companies all 10.3 million acres of available land on the reserve, the Center for Biological Diversity (CBD) said in a press release on Tuesday. The reserve is the single-largest parcel of public land in the United States. WASHINGTON (Sputnik) – The Trump administration has opened up a huge amount of land in Alaska’s National Petroleum Reserve for oil-sale leases, the CBD said. “Oil companies submitted lease bids on Monday for the largest oil-lease sale ever offered in Alaska’s National Petroleum Reserve,” the release said. “Bids will be open on Wednesday.” Trump just opened off...
  • Oil drilling in ANWR moves ahead as part of Senate tax bill

    12/02/2017 9:31:39 AM PST · by GonzoII · 12 replies
    Washington Times ^ | Saturday, December 2, 2017 | Ben Wolfgang
    Republicans took a major step forward early Saturday in their decades-long fight to open a piece of the Arctic National Wildlife Refuge to oil drilling. Included as part of the sweeping tax reform bill passed by the Senate in a 51-to-49 vote is a highly controversial provision to allow energy exploration in a 1.5 million-acre swath of ANWR known as the “1002 area,” which lies along the coast. In total, ANWR spans more than 19 million acres. The drilling provision was seen as key to getting Sen. Lisa Murkowski, Alaska Republican, on board with the tax bill.
  • UPDATE: New ANWR legislation passes by vote of 13-10

    11/16/2017 8:02:32 AM PST · by SpeedyInTexas · 24 replies
    KTUU ^ | 11/15/2017 | Leroy Polk
    Following spirited discussion on both sides of the issue, a vote was called at the Energy and Natural Resources committee hearing, regarding new legislation proposed by Sen. Murkowski. By a vote of 13 in favor and 10 opposed, the legislation passed out of the committee just after 8 a.m.
  • U.S. to Dominate Oil Markets After Biggest Boom in World History

    11/15/2017 12:20:50 PM PST · by Oatka · 51 replies
    Bloomberg via gCaptain ^ | Nov. 14, 2017 | Grant Smith
    <p>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. [snip] The boom will turn the U.S., still among the biggest oil importers, into a net exporter of fossil fuels.</p>
  • The New Age of Trump Oil

    11/10/2017 10:36:22 AM PST · by brownwill6767 · 12 replies
    Recently, President Donald J. Trump joined Energy Industry Executives, members of Congress, and Cabinet Officials at the Department of Energy to deliver remarks on unleashing America’s boundless capacity for energy production. “We’re here today to usher in a new American energy policy,” he declared. The President explained that his focus isn’t so much on “energy independence,” but rather dominance. In fact, the program is being called “American Energy Domination.”
  • Shell to Build U.S.-Based LNG Bunkering Barge

    11/08/2017 2:54:44 PM PST · by Oatka · 9 replies
    gCaptain ^ | Nov. 7, 2017 | gCaptain
    Shell Trading (US) Company announced Tuesday it has finalized a long-term charter agreement with Q-LNG Transport, LLC for an ocean-going LNG bunker barge with the capacity to carry 4,000 cubic meters of LNG fuel. The bunker barge will be the first of its kind to be based in the United States, and will supply LNG to marine customers along the southern East Coast of the U.S. and support growing cruise line demand for LNG marine fuel. “This investment in LNG as a marine fuel for the US will provide the shipping industry with a fuel that helps meet tougher emissions...
  • Trump Takes Step Toward Energy Dominance with Largest Oil and Gas Lease Sale in History

    10/28/2017 1:20:20 AM PDT · by 2ndDivisionVet · 13 replies
    CNS News ^ | October 27, 2017 | Nicolas Loris and Samantha Block
    President Donald Trump has vowed to make the U.S. more energy dominant than ever, and the Interior Department took an important step toward that goal this week. Interior Secretary Ryan Zinke announced on Tuesday that his department is proposing the largest oil and gas lease sale ever held in the United States. In March 2018, the Interior Department will make nearly 77 million acres in federal waters of the Gulf of Mexico available for the lease sale. “In today’s low-price energy environment, providing the offshore industry access to the maximum amount of opportunities possible is part of our strategy to...
  • Trump administration to offer 76M acres for offshore drilling, largest lease sale in U.S. history

    10/24/2017 8:28:23 AM PDT · by jazusamo · 19 replies
    The Washington Times ^ | October 24, 2017 | Ben Wolfgang
    The Trump administration is putting more than 76 million acres of federal water up for lease in the largest offshore drilling initiative in American history. Interior Secretary Ryan Zinke announced the massive lease sale, slated for March 2018, on Tuesday morning, and said the move is a key component of the administration’s effort to tap U.S. energy reserves and reap the economic benefits that come along with them.
  • Senate Votes to Raise Revenue by Drilling In Arctic National Wildlife Refuge (drill, baby drill!)

    10/20/2017 10:33:29 AM PDT · by drewh · 34 replies
    Spokesman Review ^ | Fri., Oct. 20, 2017, 10:04 a.m. | By Juliet Eilperin
    WASHINGTON – The Senate rejected an amendment Thursday that sought to block a key panel from raising revenue through drilling in Alaska’s Arctic National Wildlife Refuge, a move that could make it easier for future oil and gas drilling to take place there. Sen. Maria Cantwell, Wash., the top Democrat on the Energy and Natural Resources Committee, offered an budget amendment that would have removed instructions to the panel to raise an additional $1 billion through federal leasing. It failed 48 to 52 on a largely party-line vote, with only Sen. Susan Collins, R-Maine, and Joe Manchin, W.Va., breaking ranks....
  • Newest Outpost for U.S. Crude Exports: India

    10/18/2017 7:00:31 PM PDT · by Oatka · 10 replies
    The Times of India ^ | Oct 17 2017 | Julia Simon and Nidhi Verma
    India is set to emerge as a key market for American crude exports in coming months, as refineries are ramping up "test" purchases of US grades to diversify their imports. US exports recently set a weekly record with nearly 2 million barrels of crude a day sent overseas. But shipments to India+ have been rare, with just a few deliveries since the US lifted its ban on crude exports in late 2015. Indian refineries are starting to increase purchases as the country seeks to secure more supply from outside the Middle East. Refiners are testing both US sweet and sour...
  • OPEC Secretary General urges U.S. shale oil producers to help cap global supply

    10/11/2017 9:29:04 AM PDT · by Hostage · 21 replies
    El Rooters ^ | OCTOBER 9, 2017 | Reuters Staff
    NEW DELHI (Reuters) - OPEC’s Secretary General Mohammed Barkindo on Tuesday called on U.S. shale oil producers to help curtail global oil supply, warning extraordinary measures might be needed next year to sustain the rebalanced market in the medium to long term. “We urge our friends, in the shale basins of North America to take this shared responsibility with all seriousness it deserves, as one of the key lessons learnt from the current unique supply-driven cycle,” said Barkindo.
  • Trump inches toward drilling in Arctic Wildlife Refuge for first time in 30 years(OH NOES!)

    09/18/2017 10:04:44 AM PDT · by rktman · 36 replies
    libertyunyielding.com ^ | 9/17/2017 | staff
    President Donald Trump is moving toward allowing energy exploration in the Arctic National Wildlife Refuge (ANWR) for the first time in several decades, according to a report Friday from The Washington Post. Interior Department officials are modifying decades-old regulations that have traditionally prevented the agency from conducting seismic studies seen as the first step towards drilling, the report notes. U.S. Fish and Wildlife Service director James W. Kurth told the agency’s Alaska regional director to strike constraints on a rule that allowed exploratory drilling between 1984 and 1986, the last time drilling was allowed in the ANWR, according to a...
  • US Oil Rig Count Nearly Doubles in Last Year Thanks to President Trump

    07/31/2017 8:05:26 AM PDT · by davikkm · 14 replies
    One of President Trump’s first actions was an executive order advancing the construction of the Keystone XL and Dakota Access oil pipelines. There are now 958 active oil rigs operating in the US today. This is nearly twice as many as the 495 US rigs in operation last year during the Obama presidency. That means thousands of jobs generated in the energy sector since President Trump came into office.
  • Drill Baby Drill

    07/24/2017 6:00:49 PM PDT · by Openurmind · 12 replies
    Dr Robert Owens Blog ^ | 7/24/17 | Dr Robert Owens
    That was the America First battle cry for decades as the America Last crowd tried to mold us into their version of a second-rate power and potential third world hellhole. For administration after administration we were lectured about how we had to drive less, trade in our SUVs for tiny little Obama Clown Cars to reach “Energy Independence.” Now after less than six months of the Trump Administration long stalled pipelines are flowing, America is one of the major oil exporting nations, the cost of gasoline is dropping due to the expanding supply, OPEC is freaking because we’re fracking, and...