Oil companies eager to sell U.S. crude overseas are pushing Congress to relax a 39-year-old ban on those exports, but even reliable allies on Capitol Hill are wary. Rep. John Shimkus, R-Ill., said there is a kind of “schizophrenia” around the issue on Capitol Hill.
It’s now been a few days since I received Google Glass, so as I promised in my last post I’m ready to give some early hands-on impressions. Specifically, I’ll give some general impressions from a consumer’s point of view, then focus on how this technology relates to the oil & gas industry, as well as some shortcomings as I see them that could prevent near-term adoption in this field.
As record oil and gas output floods the country with cheap and abundant energy and brings the U.S. closer to energy independence, the bulk of the fuels get squeezed through Houston, the country’s largest export gateway and the core of its biggest refining region.
With a move that usually comes in the height of summer when temperatures are soaring and air conditioners blasting, Californians were urged to voluntarily cut their electricity use after frigid weather across the U.S. and Canada caused a shortage of natural gas at Southern California power plants.
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