The California Energy Commission releases its weekly report on refinery production and output on Wednesday or Thursday shortly before 5 p.m., with data for the previous week.
Click here to see the Report (which will open in a separate window.)
Oil and gas production in the US is on track to surpass that of Saudi Arabia by 2020, making America virually self-reliant, according to the International Energy Agency.
As reported in Bloomberg Business Week, the U.S. is already meeting 83% of its energy needs, and within a decade could become a net energy exporter.
“The IEA outlook feeds into the idea of a shift in the center of influence in the world oil market,” BNP Paribas analyst Gareth Lewis-Davies told the magazine.
Just days after Hurricane Sandy thrust the issue of climate change into the national spotlight, California on Wednesday (No.v 14) became the first state to require a wide range of businesses to reduce or offset their greenhouse gas emissions. At 10 a.m. the Air Resources Board held its first auction to sell pollution allowances under the state’s cap-and-trade law.
The auction came six years after former Gov. Arnold Schwarzenegger signed into law AB 32, which requires a 17% reduction in greenhouse gas emissions by 2020 from 1990 levels. Continue reading
A start-up company based in Menlo Park, California, plans to make diesel fuel from natural gas using microorganisms, potentially at half the cost as conventional diesel, reports the MIT Technology Review.
Calysta Energy uses microorganisms that naturally feed on natural gas. It has demonstrated its process at small scale, and projects that the cost of using ‘bugs’ to digest the gas will be cheaper than existing thermochemical proceses to make liquid fuels from natural gas. Continue reading
The Independent Petroleum Association of America has asked Daniel Ashe, Director of the U.S. Fish and Wildlife Service, to give the industry a clearer understanding of the process by which the agency adds animals to the endangeries species list.
Barry Russell, President of the Association, wrote to Ashe on Nov. 5 to express the organizations “concerns regarding the continued lack of transparency with respect to timing and plans for listing decisions on candidate species under the Endangered Species Act.”
A year-long study of the Inglewood Oil Field, conducted by the environmental consulting firm Cardno Entrix, found that hydraulic fracturing (“fracking”) used in the 1,200-acre field has had no effects on ground water, air quality, air pollution or seismic activity.
A copy of the 206-page report is available by download from this site.
The study, the first of its kind, was funded by Plains Exploration and Production Co., which owns and operates the oil field. It was performed as part of a settlement agreement with Culver City and environmental and community groups. Two independent consulting firms, selected by Cardno Entrix and the County of Los Angeles, reviewed and endorsed the findings.