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Energy Quote of the Day: 'It's Likely a Business We're in Long-Term Irrespective of Keystone'

Credit: Jared Anderson/Breaking EnergyLong viewed as a more expensive short-term solution to pipelines, it appears transporting crude oil via rail is likely to continue in conjunction with pipeline infrastructure. As North American oil production...

Posted November 27, 2014    

Energy Quote of the Day: 'The Number of Megawatts is Simply not Replaceable in the Short Term with Renewables'

Controversy is brewing as utilities consider “repowering” old coal-fired power plants across the US with natural gas. Several environmental groups initiated lawsuits to stop these plants from converting from coal to gas. Environmentalists want to...

Posted November 26, 2014    

Energy Quotes of the Day: On the EPA's RFS Ineptitude

Rumors swirled recently that the US EPA would finally announce the 2014 renewable volume obligations – quantity of ethanol and biofuels to be blended into the fuel supply – until the agency surprised many by postponing the announcement until next...

Posted November 25, 2014    

Energy Department Authorizes Freeport LNG Exports

The US Department of Energy has granted Freeport LNG two final authorizations to export natural gas to non-Free Trade Agreement countries. The ruling authorizes Freeport to export up to 1.8 billion cubic feet of LNG per day for 20 years.The DOE...

Posted November 23, 2014    

Energy Quote of the Day: 'The West Will Have to Recognize we Have the Needs of the Poor'

Notoriously complex global energy issues encompass science, economics, politics, the environment, demographics and social dynamics. And sometimes it seems nothing is more complicated than charting a course that effectively mitigates the worst...

Posted November 22, 2014    

Energy Quote of the Day: 'A Well-Supplied Oil Market in the Short-Term Should Not Disguise the Challenges...'

Photo Credit: Jared Anderson/Breaking EnergyWhile the current focus is on declining oil prices – which hit four-year lows recently – the longer-term oil market picture could feature downward supply pressure and a demand surge that forces prices...

Posted November 21, 2014    

Study Finds no Energy-Related Water Contamination in Bakken Region, But...

Oil and gas development in the Williston Basin of North Dakota and Montana has not impacted shallow water resources, according to a new study. However, the age of the groundwater sampled and the sample locations indicate additional research should...

Posted November 20, 2014    

Energy Quote of the Day: 'A Novel Legal Strategy,' Albeit Unconstitutional

Shell employed an interesting legal tactic when it preemptively sued several environmental and activist groups in order to head off potential legal challenges to the company’s controversial Alaskan exploratory drilling program. The U.S. 9th Circuit...

Posted November 16, 2014    

Energy News Roundup: Climate Deal Spurs Building Spree, Dow Selling Billions in Assets, and IEA Sees US Shale Cap Ex Pullback

The US and China agreed to jointly cut carbon emissions in order to combat climate change, a historic pact that has many excited and many outraged. But China’s commitment to cap greenhouse gas emissions by 2030 means the country will need to build...

Posted November 14, 2014    

As US Gulf Coast Gains Oil Pricing Power Will New Benchmarks Emerge?

Credit: Jared Anderson/Breaking EnergyRecord setting US oil production growth is altering physical oil flows, flipping supply-demand fundamentals and leaving market observers searching for tools that can provide insight into these new price...

Posted November 13, 2014    

Saudi Oil Export Concerns Detailed; Renewable Energy Opportunities Identified

Increasing domestic Saudi Arabian energy demand bumping up against volumes of oil available for export is an issue Breaking Energy has followed closely, and a new report from the International Energy Agency provides some updated detail on how the...

Posted November 10, 2014    

Energy Quotes of the Day: 'People are Panicking' and 'It's the Economy, Stupid'

Benchmark oil prices took a nose dive recently, with both WTI and Brent shedding their recent gains. Prompt-month WTI dipped into $75 per barrel territory on a combination of weak economic outlooks and supply/demand fundamentals.The other big news...

Posted November 9, 2014