Five states account for over 50% of the USA’s crude oil production with production rapidly increasing in Texas and North Dakota.
More at Energy Information Administration.Alaska Gas
Oil and Natural Gas from Shale in Alaska
The United States Geological Survey determined that shales in the North Slope region of Alaska hold an enormous technically-recoverable shale oil and shale gas resource. These rock units could contain as much as 80 trillion cubic feet of technically re…
More at USGS / Geology.com.
Methane Hydrate Production Using CO2 / CH4 Exchange
“The goal of this project is to define, plan, and conduct a field trial of a methane hydrate production methodology whereby carbon dioxide (CO2) molecules are exchanged in situ for the methane (CH4) molecules within a hydrate structure, releasing the methane for production.” Quote from the DOE press release.
More at United States Department of Energy.
TransCanada Gas: Overland to USA or LNG to Asia?
The CEO of TransCanada Corporation says that the company is still focused upon delivering their natural gas overland to the United States rather than shipping it as LNG to Asia – but Asia is an option.
More at NASDAQ.
Alaska Natural Gas to Asian Markets?
Alaska has an abundance of natural gas and there is a proposal in the state legislature for building a pipeline to the southcentral Alaska port where the gas would be condensed and shipped to Asian markets as LNG.
More at Alaska Daily News.
How Natural Gas is Taxed in 19 Different States
The Marshall University Center for Business and Economic Research has prepared: Taxation of Natural Gas: A Comparative Analysis. This publication reviews the many methods of taxing natural gas 19 different states. You might be surprised at how many …
More at Marshall University Center for Business and Economic Research.
Drilling in ANWR and OCS to Cut Deficit
Some members of Congress recommend opening portions of the Arctic National Wildlife Refuge and the outer continental shelf for oil and natural gas drilling as a way to create jobs and cut the deficit.
More at FuelFix.com.
North Dakota Oil Production May Surpass Alaska
Oil production in North Dakota has been rising rapidly over the past few years, driven by the success of the Bakken Shale. A “Chart of the Day” article on the Bloomberg.com website forecasts that the crude output of North Dakota is likely to surpass that of Alaska within the next couple of years.
