offshore drilling

offshore drilling

Access to areas offshore and onshore is vital to the kind of expanded domestic oil and natural gas production needed to make the United States more energy self-sufficient, which would strengthen our energy security.[read more]

Deepwater Horizon

We've issued report card on the progress made and the considerable work yet to be done since the BP spill, assigning grades to the three key actors: the administration (B), the offshore drilling industry (B-); and the U.S. Congress (D+).[read more]

Senators Murkowski and Landrieu

The FAIR Act is motivated in large part by a desire to financially empower coastal states and is only the latest attempt to expand state revenue sharing from offshore fossil fuel development.[read more]

new energy/shutterstock

Countries including the U.S., Canada, Norway, and China are also interested in using hydrate deposits as an additional source of energy, since methane is a main component.[read more]

Investment in the North Sea is the highest for 30 years and rising, according to a report by an oil and gas trade body. It credited the recent introduction of tax relief to encourage investment in “difficult projects."[read more]

Just a thought, but how great would it be if one of this fall’s presidential debates focused solely on energy issues?Past presidential debates have discussed the economy and jobs, national security and foreign policy, and of course all of those are important. Yet, when you think about it, energy is the nexus where all come together....[read more]

The U.S. government is considering plans to increase oil and gas production off Alaska, and major companies are eying untapped resources in the Beaufort and Chukchi Seas. But these potential oil and gas fields are in pristine areas, called “the garden” by native Inupiat tribes, that have been hunted and fished for thousands of years. energyNOW! correspondent Dan Goldstein travels to Alaska’s North Slope to find out if offshore drilling can co-exist with an ancient way of life.[read more]

Gasoline prices have been steadily climbing for several months, and Americans are feeling the pain at the pump. The possible culprits (from greedy oil execs to Mideast turmoil) are as plentiful as the proposed solutions (more offshore drilling, green energy or government reserves). But what is really driving prices up? And what, if anything, can be done about it? Let’s take a moment to fill up on information about our fuel.[read more]

This month marked the official end of the National Commission on the Deepwater Horizon Oil Spill and Offshore Drilling. After months of investigation, we delivered our recommendations in January on how to prevent another oil spill tragedy in the future, and now we are closing up shop. Ten months after the commission started and nearly...[read more]

I've been skimming through the report of the presidential commission on the Deepwater Horizon accident. Lacking time to read every word, I'm finding it on the whole a moderate document. By that I mean that it will not satisfy either those who expected the commission to repudiate deepwater drilling entirely or those that harbored faint...[read more]

Here are my choices for the Top 10 energy related stories of 2010. I can’t remember having such a difficult time squeezing this list down to 10 stories, because there were many important energy stories for 2010. It was hard to cut some of them from the Top 10; so hard that I almost did a Top 15. But I made some difficult choices, and...[read more]

Last week I pointed out that, “Temporary policies have temporary effects – and sometimes that is good news,” pointing to an Obama administration report that found job losses due to the temporary ban on deepwater drilling were smaller than expected. But possible the government reached their happy results more or less by assumption rather...[read more]

BP released the report of its internal investigation into the drilling accident in the Gulf of Mexico. Also available is a half-hour video explanation. The Financial Times energysource blog has identified some of the key points from the report and a response from Greenpeace as well: BP oil spill report: “No single factor” to blame...[read more]

Yesterday's fire on Mariner Energy's Vermilion 380 production platform in the Gulf of Mexico thankfully resulted in neither loss of life nor another big oil spill. However, the timing of this event seems likely to complicate the debate over the drilling moratorium that has been in place since the Deepwater Horizon accident, and that the...[read more]

In the two months since the Deepwater Horizon accident, numerous investigations have been launched, several congressional hearings have been held, and many statements have been made about oil and natural gas industry regulation. Unfortunately, many statements about industry regulations have had little or no basis in fact. Today, API's...[read more]