New Mexico Energy News

11.17.16

Vast shale oil field in Texas could yield 20 billion barrels

A vast field of shale rock in West Texas could yield 20 billion barrels of oil, making it the largest source of shale oil the U.S. Geological Survey has ever assessed, agency officials said.

 

11.16.16

IEA Sees Peak Oil Demand After 2040

Global oil demand won't stop growing before 2040 despite pledges made at the Paris climate change summit last year to cap greenhouse-gas emissions, the head of the International Energy Agency said (WSJ subscription required).

 

11.10.16

American voters have spoken, energy won the 2016 election

Eighty percent of voters support increased development of U.S. oil and natural gas resources including 71 percent of Democrats, 94 percent of Republicans and 76 percent of Independents.

 

11.04.16

What If Hydraulic Fracturing was Banned?

This report explores how a theoretical ban on hydraulic fracturing in the United States, beginning on January 1, 2017 and running through the end of 2022, would impact jobs, energy prices, incomes, domestic manufacturing, and American energy security.

 

10.24.16

Arctic drilling has vital role in energy, national security

Massive new discovery proves: When you're allowed to explore for energy, historic oil and natural gas discoveries can follow. But there's a caveat. Given the long lead time it takes years...

 

10.19.16

Carnegie Mellon Study: Natural Gas Could Provide $50 Billion in Health Benefits

Carnegie Mellon University released peer-reviewed study finding significant health and climate benefits as a result of the increased use natural gas for electricity generation.

 

10.16.16

Growing U.S. Industrial Natural Gas Demand

Power generation, LNG exports globally and pipeline exports to Mexico and Eastern Canada, and new industrial demand are the three rapidly growing baseload natural gas demand markets.

 

10.12.16

Energy-related CO2 emissions for first six months of 2016 are lowest since 1991

US Energy Information Administration's Short-Term Energy Outlook projects that energy-associated CO2 emissions will fall to 5,179 million metric tons in 2016, the lowest annual level since 1992.

 

10.07.16

This industry will have 1.9 million jobs to fill, and it's looking for women and minorities to fill them

By 2035 there should be about 1.9 million job openings, and the [oil and natural gas] industry wants to make sure a good portion of those jobs go to minority groups and women...

 

10.03.16

WHAT IF... America's Energy Renaissance Never Actually Happened?

What if we'd just "left it in the ground?" The U.S. would be short 4.3 million jobs and over half-a-trillion dollars in annual GDP. Electricity prices would be 31% higher, we'd all be paying 43% more at the pump, carbon dioxide emissions would be 23% higher and we'd be importing 160% more oil. That's just to start.