The Obama administration’s denial of a permit wouldn’t have much impact on future U.S. crude imports from Canada if a new application can be approved by 2013, an energy analyst told Congress. But he added the permit’s denial nonetheless raises uncertainty about U.S. and Canadian supply growth.
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Posted on January 23, 2012 at 11:42 am by Puneet Kollipara in
Coal,
Crude oil,
Natural gas
Increases in domestic oil-and-gas production, efficiency and use of renewables will cut imports’ share of U.S. energy demand nearly in half by 2035, the U.S. Energy Information Administration said.
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The U.S. may have a 100-year supply of natural gas locked underground, but how much of it gets extracted hinges on what the federal government does to promote the fuel, energy experts told a Senate panel today. A top official at the government’s Energy Information Administration also defended his agency’s predictions about abundant domestic natural gas supply.
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