Is anyone paying attention? Despite the EIA being unable to publish the weekly EIA petroleum report, it is having no trouble reporting everything else. Conspiracy theories abound.
Freeport: just how big is Freeport? It's huge. If a foreign government -- say Russia -- wanted to "take out" one of our LNG export terminals, why not start here? They took out the biggest American pipeline -- the Colonial -- last year.
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Back to the Bakken
WTI: $106.
Active rigs: 44.
No wells coming off confidential list today. Six months ago it was Christmas Eve.
RBN Energy: debate over methane emissions starts with determining size of the problem. Unless it's politics and then it doesn't matter.
It’s well understood that methane is a significant greenhouse gas and that reducing methane emissions from oil and gas production is critical to hitting long-term emissions targets, but that’s about where most of the common ground ends. There are serious disagreements about the actual magnitude of methane emissions, the proper role of government regulation, and whether requirements to control those emissions would place an undue burden on the energy industry and lead to decreased supply. In today’s RBN blog, we look at how emissions estimates are made, why they can vary significantly, and how the disagreements about how to curb those emissions might be resolved.
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