policy

EIA report on US crude oil production

In the U.S. Energy Information Agency’s (EIA) Annual Energy Outlook 2013 (AEO2013), which presents yearly projections and analysis of energy topics based on current conditions, projected domestic crude oil production ranges from 6-8 million barrels per day for the next 30 years. However, using greater supply assumptions, domestic crude oil production could be sustained at approximately10 million barrels per day between 2020 and 2040.

New map of areas most vulnerable to climate change

A study published in Nature Climate Change provides a map of areas most vulnerable to climate change. Authors say they hope to give governments and environmental groups a roadmap to help them identify the places where they should invest in protecting and restoring threatened ecosystems. The paper indicates the areas most impacted by climate change include southern Asia, western and central Europe, eastern South America, and southern Australia.

Senate Committee Holds Hearing on Proposed Helium Legislation

On May 7, 2013, the Senate Committee on Energy and Natural Resources held a hearing to discuss the proposed Helium Stewardship Act of 2013 (S. 783) which was introduced on April 23, 2013 by Chairman Ron Wyden (D-OR) and Ranking Member Lisa Murkowski (R-AK).

During the hearing, Wyden, Murkowski, and the witnesses emphasized the urgent need to address the impending early closure of the Federal Helium Reserve in October 2013, which would cut off 42 percent of the domestic and 35 percent of the global helium supply.

Distant Quakes Trigger Tremors at U.S. Waste-Injection Sites

A recent study done by Columbia University and the University of Oklahoma published in the 12 July 2013 issue of Science suggests that large (magnitude 7 or above) earthquakes from all over the globe can trigger smaller quakes at waste fluid injection sites where pressure from the fluids has pushed faults close to failure. At some injection locations, a swarm of remotely triggered earthquakes appears to act as a warning sign that large earthquakes related to human activities may be imminent. Several areas in Oklahoma, Colorado, and Texas showed this correlation.

Restoring US leadership in weather forecasting

On May 23, 2013 the Subcommittee on Energy of the House Science, Space and Technology Committee held a hearing on Restoring U.S. Leadership in Weather Forecasting. With witness testimony from Mr. Barry Myers, Chief Executive Officer of AccuWeather, a private weather forecasting company, and Mr. Jon Kirchner, President of GeoOptics, a private environmental data company, the hearing focused on how to improve budgeting and cooperation between federal weather organizations and the private weather industry.

National flood insurance rates on the rise

National flood insurance rates are set to rise at the end of the month. Beginning October 1, 2013, owners of repetitively flooded homes and the most subsidized policyholders of the National Flood Insurance Program (NFIP) will begin paying 25 percent more each year for flood insurance until their rates accurately reflect the level of risk associated with their properties.  The increases are targeted at 1.1 million policyholders that own homes along hazardous shorelines that are worth less than the claims paid out by the federal government.

CRS Report on Laws & Regulations on Exporting Fossil Fuels

The Congressional Research Service (CRS) published a report that examines federal laws and regulations pertaining to the export of natural gas, crude oil, and coal. This report provides an overview of federal laws and regulations and agency roles in authorizing and regulating the export of these fossil fuels. Any party wishing to export fossil fuels must comply, as appropriate, with the Natural Gas Act, a general ban on crude oil exports, and other various laws and regulations applicable to the construction and operation of exporting fossil fuels.

House and Senate committees release FY 2014 discretionary spending requests

The House and Senate Appropriations committees released their non-emergency discretionary spending allocations for fiscal year (FY) 2014 this June. The Senate Appropriations Committee requested $1.058 trillion in non-emergency discretionary funds, while the House Appropriations Committee requested $967 billion. These bills authorize funding levels for all of the subcommittees, including the subcommittees on Commerce, Justice, Science; Energy and Water Development; and Interior and the Environment.

Pages

Subscribe to RSS - policy