Menu

News

Environmentalists Say the Time to Act on Climate is Now. Voters Aren’t So Sure.

11/12/2018 | PEW— Although numerous left-leaning measures found success at the ballot box last week, many voters said “no thank you” to policies that could curb climate change. Washington state, for the second election cycle in a row, rejected putting a price on carbon emissions. Arizonans won’t require utilities to get half of their energy from renewable sources.

The Mid-Term Elections Were Generally Good for Oil and Gas

11/08/2108 | Forbes— As a general rule, a divided federal government is the best kind of federal government where the oil and gas industry is concerned. This is an industry that places a high degree of importance on regulatory and statutory certainty, and a divided government tends to result in a slower pace of change in these areas. The unified, Republican-controlled government of the past two years produced a rapid pace of change, though much of it has actually been favorable for the industry, as the Trump Administration has gone about revising and repealing a raft of Obama-era actions.

Voters Rejected Most Ballot Measures Aimed at Curbing Climate Change

11/7/2018 | The Washington Post— From Arizona to Colorado, voters reject measures to ramp up renewables and limit drilling. In Arizona, voters said no to accelerating the shift to renewable energy. In Colorado, they said no to an effort to sharply limit drilling on non-federal land. And a measure to make Washington the first state to tax carbon emissions appears to have fallen short.

Methane Emissions Continue to Fall as Oil, Gas Production Soars Says EPA

10/18/2108 | News West— Data was released Thursday from the United States Environmental Protection Agency that show methane emissions from oil and natural gas production in the Permian Basin declined from 2016 to 2017. From 2016 to 2017, methane emissions in the Permian Basin fell by approximately 100,000 metric tons of CO2 equivalent, continuing a downward trend that Texans for Natural Gas highlighted last year. The data were released this month by the U.S. Environmental Protection Agency, and include emissions from production, gathering, and boosting equipment in the Permian Basin, which covers parts of West Texas and Southeast New Mexico.

Natural Gas Helps Texans Save Almost $60B in 10 Years

10/16/2018 | Rigzone— Throughout the years, advances in horizontal drilling and hydraulic fracturing have helped boost natural gas production in Texas. In fact, Texas leads the United States in oil and gas production and produces more than one-third of the nation’s crude oil supply. In 2016, Texas led the United States in natural gas production. Production helped consumers save nearly $60 billion between 2006 and 2016, according to a report by the Consumer Energy Alliance (CEA) released Oct.

The Hill: Five energy and environment ballot questions to watch

10/16/2018 | The Hill— Voters in various states will be weighing in next month on high-stakes ballot initiatives that seek to implement major changes to environment and energy policies. From banning offshore drilling to levying what would be the country’s first tax on carbon dioxide emissions, the Nov. 6 ballot measures aim to push back on dominant forces at the state or federal level.

Five Oil and Gas Executives in Their Own Words

10/9/2018 | The New York Times— Mike Wirth: The world needs a wide range of energy sources to accommodate growing demand while reducing energy poverty. Yet, a polarized energy debate prevents billions from realizing the liberating potential of affordable, reliable energy. I’d suggest a new, more balanced conversation about the future of energy that rests on four principles:

What Does It Mean that America is a Net Exporter of LNG?

10/3/2018 | Forbes— In January, for the first time in 60 years, it was announced that the US had become a net exporter of natural gas. The boom in shale gas exploration over the past decade has left the US with more natural gas than it can use. On top of that, some suggest that “2019 could be the busiest year of LNG” ever, driven by an uptick in large-scale projects. The US has so much gas, in fact, that by 2022 it is predicted to be a net energy exporter, and therefore considered energy independent – for the first time since 1953.

Exxon, Chevron, Occidental join European climate group

10/20/2018 | Chron— Three of the largest U.S. oil companies, Exxon Mobil, Chevron and Occidental Petroleum, said Thursday they have joined the Oil and Gas Climate Initiative, a London-based industry group with the mission of reducing greenhouse gas emissions produced from oil and natural gas. Up until now the group, which include the European majors Shell, BP and Total, as well as Mexico’s Pemex and Brazilian Petrobras, did not have a single U.S. company on its membership list.

States See Energy Boom Along with Economic Expansion

9/12/2018 | HuffPost— An oil and gas bonanza in Southwestern states may be helping to drive the continuing national economic boom. The nation’s 4.2 percent growth in gross domestic product, estimated last month by the Bureau of Economic Analysis, is the highest quarterly growth since 2014. State estimates aren’t due until mid-November. “The states that contribute most might be the ones with strong increases in energy production,” including Texas, New Mexico and Colorado, said Mark Perry, an economist at the University of Michigan and an economic analyst for the conservative-leaning American Enterprise Institute.

Sign Up Today! As a token of our appreciation, we’re offering CAN members 10% off* any one apparel item at the Chevron Store.

*Some exclusions apply. Code good for one-time use only on apparel items up to $150.00 at the Chevron Store online.

X