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Category: 360 Articles

Reporting Live From the EPA Hearing on Proposed Carbon Dioxide Rules

Reporting Live From the EPA Hearing on Proposed Carbon Dioxide Rules

It was a cold, rainy day in downtown Denver when an Oil & Gas 360® reporter was greeted in the bathroom at the EPA office building: “Lovely weather out there, huh? Even God’s saying there’s a carbon problem!” The U.S. Environmental Protection Agency announced in June that its stated goal is to reduce U.S. carbon dioxide emissions by 30 percent by 2030. […]

A Tale of Two Shale States: When Will New York Drill the Marcellus?

A Tale of Two Shale States: When Will New York Drill the Marcellus?

Almost half of the state of New York is underlain by the Marcellus shale, the nation’s most prolific natural gas deposit. But thanks to a long running delay in permitting—to study hydraulic fracturing—ever since 2008, the State of New York has dragged its feet on shale development. In doing so it has kept landowners, citizens, municipalities and itself from benefiting […]

International Fallout: Iraq, Russia Markets Face Unknowns in Midst of Turmoil

International Fallout: Iraq, Russia Markets Face Unknowns in Midst of Turmoil

Russia and Iraq are giants in the hydrocarbon industry. The two powerhouses were the third and sixth greatest oil producers in 2012, and Iraq’s oil reserves rank fifth in the entire world. Russia’s natural gas reserves are the highest on the planet, and its 2012 production average of 63.4 Bcf/d allowed it to export 76% of its natural gas across […]

Japan Has a Problem

Japan Has a Problem

Japan has an intelligent, well-educated citizenry, strong business leaders and dedicated workers who created an industrial juggernaut that has been the envy of the world for decades. But Japan has a problem. With no natural gas and very limited oil reserves of its own, for decades Japan has relied largely on nuclear energy to fuel its industrial output and it […]

Fracing’s Renewable Benefit: Geothermal Energy

Fracing’s Renewable Benefit: Geothermal Energy

While the United States is garnering global attention for its shale boom, its prominence in the renewable energy field is far above that of any of its international competitors. The United States has been the world’s greatest producer of renewable energy since 2006. According to BP’s 2014 Statistical Review of World Energy, the U.S. accounted for 43.5% of the world’s […]

Proposition 89 will Create Patchwork of Environmental Regulations, End Challenges in Colorado

Proposition 89 will Create Patchwork of Environmental Regulations, End Challenges in Colorado

If proposition 89 lands on the ballot and passes a statewide vote in the general election on November 4, companies who want to establish operations in Colorado will face a variety of differing rules and a new level of  political risk when committing capital in the state. In a post-89 world, environmental regulations may be imposed by local communities around […]

Oil Train Derails:  No Leaks, Spills, Fire, Injuries or Evacuation

Oil Train Derails:  No Leaks, Spills, Fire, Injuries or Evacuation

A train with 102 cars of crude oil from North Dakota derailed when leaving Seattle last week, heading to a Washington refinery. A locomotive, a car loaded with sand and three oil tanker cars left the track but did not roll over. The incident occurred when the locomotive pulled out of the Burlington Northern Santa Fe (BNSF) yard, traveling approximately […]

Will Russia’s Accumulation of Asian Energy Deals Make Western Sanctions Obsolete?

Will Russia’s Accumulation of Asian Energy Deals Make Western Sanctions Obsolete?

Already, Russia commands about 38.7% of Europe’s natural gas market, but it has been hard at work extending its economic influence in Europe and Asia. With almost 60% of Russia’s exports from natural gas, Vladimir Putin is taking steps to ensure that the cost of enforcing economic sanctions on his nation will hurt the sanctioning countries more than Russia itself. […]

Will Northern Gateway Beat Keystone XL to the Finish Line?

Will Northern Gateway Beat Keystone XL to the Finish Line?

On June 17, the Canadian federal government approved the pipeline portion of Enbridge Incorporated’s (ticker: ENB) Northern Gateway Project, a $6.1 billion crude oil and condensate pipeline and marine terminal that was proposed in 2010. Canada’s petroleum producers are eager to find an alternative to the nearly six-year delayed approval of the Keystone XL project. At the Canadian American Business’ conference on June […]

Obama Okays United States Atlantic Shelf Development

Obama Okays United States Atlantic Shelf Development

Coming: 280,000 jobs and $195 billion in private investment The Eastern Seaboard of the United States is back on the oil and gas map. On July 24, 2014, President Obama opened up sections of the Atlantic Ocean to hydrocarbon development – a plan originally proposed in 2010 that was placed on indefinite suspension following the Macondo disaster in the Gulf […]