The Alaska Dispatch News reports that when production begins in 2018 at the filed in the National Petroleum Reserve-Alaska — an Indiana-sized Arctic reserve — the project is expected to yield 30,000 barrels of oil daily at its peak.
One of the reasons President Obama felt free to reject Keystone XL is today’s low oil prices, which are likely to continue for some time because demand is weak and supply abundant. Environmentalists cheered his action as a major boost to the up coming climate talks in Paris. They like the decision but not the […]
Only two oil and gas companies — California-based Chevron Corp. and Houston-based Shell Oil Co. — scored perfect scores out of a record-breaking 407 businesses that received top “100” scores. A few power, utility and chemical companies also received perfect scores. Many energy companies scored low or outright refused to participate.
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