The Briefing Room
General Category => Science, Technology and Knowledge => Energy => Topic started by: corbe on December 26, 2017, 08:15:50 pm
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Trump Considers Repealing Obama-Era Regs On Offshore Oil Drilling
Chris White on December 26, 2017
The Trump administration is floating the possibility of rolling back a slew of regulations foisted on off shore oil drillers shortly after the 2010 Deepwater Horizon oil spill disaster.
Rolling back the rules could save the energy industry nearly $1 billion over the next 10 years and help reverse some measures companies considered too burdensome, according to the Bureau of Safety and Environmental Enforcement (BSEE), which regulates offshore energy development.
BSEE’s proposal would also nix a provision requiring independent inspectors of critical equipment be certified by the agency. It could potentially affect inspections on items like the equipment that failed in the Deepwater Horizon case.
The rule change is predicated on the belief that systemic problems within the oil industry were not the primary cause of the 2010 oil disaster, which killed 11 workers on the drilling rig and spilled more than 200 million gallons of oil into the Gulf of Mexico.
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http://dailycallernewsfoundation.org/2017/12/26/trump-considers-repealing-obama-era-regs-on-offshore-oil-drilling/ (http://dailycallernewsfoundation.org/2017/12/26/trump-considers-repealing-obama-era-regs-on-offshore-oil-drilling/)
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So don’t think about it; do it.
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Ramming speed, Mr. President.
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Next stop has to be opening more offshore areas to drilling, Mr. President.
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Next stop has to be opening more offshore areas to drilling, Mr. President.
That started back in April.
http://thehill.com/policy/energy-environment/331068-trump-starts-rollback-of-obamas-offshore-drilling-restrictions (http://thehill.com/policy/energy-environment/331068-trump-starts-rollback-of-obamas-offshore-drilling-restrictions)
...The order immediately repeals most of Obama’s ban on drilling in large parts of the Arctic Ocean, north of Alaska, which Obama intended to be indefinite.
It also asks Interior Secretary Ryan Zinke to revise Obama’s plan for offshore drilling rights sales between 2017 and 2022. Zinke is asked specifically to consider drilling in the Arctic and Atlantic oceans, which haven’t had new drilling rights sales in years....
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Next stop has to be opening more offshore areas to drilling, Mr. President.
Secretary Zinke Announces Largest Oil &Gas Lease Sale in U.S. History
https://www.doi.gov/pressreleases/secretary-zinke-announces-largest-oil-gas-lease-sale-us-history (https://www.doi.gov/pressreleases/secretary-zinke-announces-largest-oil-gas-lease-sale-us-history)
October 23, 2017
March 2018 sale to offer 76.9 million acres in Gulf of Mexico
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Trump administration to repeal Obama fracking rule Friday
by Josh Siegel | Dec 28, 2017, 3:22 PM
The Trump administration on Friday will officially repeal the Obama administration’s 2015 fracking rule regulating oil and natural gas drilling on federal lands.
“We believe it imposes administrative burdens and compliance costs that are not justified,†the Interior Department’s Bureau of Land Management wrote in a notice that it will rescind the rule, to be published in Friday’s Federal Register.
The Interior Department initially proposed ending the rule in July and wrapped up the comment period in September.
The Obama-era rule targets the practice of hydraulic fracturing, or fracking, which has made the U.S. the world’s leading producer of energy. The rule is intended to increase the safety of fracking by reducing the risk of water contamination. It would have forced companies to comply with federal safety standards in the construction of fracking wells and to disclose which chemicals they used in the fracking process.
The Trump administration on Friday will officially repeal the Obama administration’s 2015 fracking rule regulating oil and natural gas drilling on federal lands.
“We believe it imposes administrative burdens and compliance costs that are not justified,†the Interior Department’s Bureau of Land Management wrote in a notice that it will rescind the rule, to be published in Friday’s Federal Register.
The Interior Department initially proposed ending the rule in July and wrapped up the comment period in September.
The Obama-era rule targets the practice of hydraulic fracturing, or fracking, which has made the U.S. the world’s leading producer of energy. The rule is intended to increase the safety of fracking by reducing the risk of water contamination. It would have forced companies to comply with federal safety standards in the construction of fracking wells and to disclose which chemicals they used in the fracking process.
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http://www.washingtonexaminer.com/trump-administration-to-repeal-obama-fracking-rule-friday/article/2644522 (http://www.washingtonexaminer.com/trump-administration-to-repeal-obama-fracking-rule-friday/article/2644522)
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Trump administration to repeal Obama fracking rule Friday
by Josh Siegel | Dec 28, 2017, 3:22 PM
The Trump administration on Friday will officially repeal the Obama administration’s 2015 fracking rule regulating oil and natural gas drilling on federal lands.
“We believe it imposes administrative burdens and compliance costs that are not justified,†the Interior Department’s Bureau of Land Management wrote in a notice that it will rescind the rule, to be published in Friday’s Federal Register.
The Interior Department initially proposed ending the rule in July and wrapped up the comment period in September.
The Obama-era rule targets the practice of hydraulic fracturing, or fracking, which has made the U.S. the world’s leading producer of energy. The rule is intended to increase the safety of fracking by reducing the risk of water contamination. It would have forced companies to comply with federal safety standards in the construction of fracking wells and to disclose which chemicals they used in the fracking process.
The Trump administration on Friday will officially repeal the Obama administration’s 2015 fracking rule regulating oil and natural gas drilling on federal lands.
“We believe it imposes administrative burdens and compliance costs that are not justified,†the Interior Department’s Bureau of Land Management wrote in a notice that it will rescind the rule, to be published in Friday’s Federal Register.
The Interior Department initially proposed ending the rule in July and wrapped up the comment period in September.
The Obama-era rule targets the practice of hydraulic fracturing, or fracking, which has made the U.S. the world’s leading producer of energy. The rule is intended to increase the safety of fracking by reducing the risk of water contamination. It would have forced companies to comply with federal safety standards in the construction of fracking wells and to disclose which chemicals they used in the fracking process.
<..snip..>
http://www.washingtonexaminer.com/trump-administration-to-repeal-obama-fracking-rule-friday/article/2644522 (http://www.washingtonexaminer.com/trump-administration-to-repeal-obama-fracking-rule-friday/article/2644522)
:peeonobama:
Couldn’t find the cheerleader icon. The above will have to do to show my glee.
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The Trump administration is expected to announce Thursday that it will propose opening up nearly all federal waters for oil and gas drilling, giving the energy industry access to fields in the Pacific and Atlantic oceans and the eastern Gulf of Mexico that have been off limits for decades, according to two sources familiar with the plan.
Read more at: https://www.politico.com/story/2018/01/04/trump-drilling-coasts-pacific-atlantic-florida-324025 (https://www.politico.com/story/2018/01/04/trump-drilling-coasts-pacific-atlantic-florida-324025)
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Announced it will propose???
What the heck was the Executive Order of March 28th for? Where is the report it required?
Presidential Executive Order on Promoting Energy Independence and Economic Growth
https://www.whitehouse.gov/presidential-actions/presidential-executive-order-promoting-energy-independence-economic-growth/ (https://www.whitehouse.gov/presidential-actions/presidential-executive-order-promoting-energy-independence-economic-growth/)
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Trump administration dramatically expands offshore drilling
Fox News, Jan 4, 2018
DEVELOPING: The Trump administration announced Thursday it is planning to dramatically expand offshore drilling, opening almost all U.S. coastal waters to potential oil and gas exploration and development.
The Interior Department is proposing 47 possible auctions of drilling rights in stretches of the U.S. outer continental shelf. This includes the Pacific Ocean near California and the Atlantic Ocean near Maine.
http://www.foxnews.com/politics/2018/01/04/trump-administration-dramatically-expands-offshore-drilling.html (http://www.foxnews.com/politics/2018/01/04/trump-administration-dramatically-expands-offshore-drilling.html)
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A Little Slice of Alaskan Tundra Is Finally Open for Drilling
Townhall, Dec 30, 2017, Paul Driessen
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At long last, the tax-cut legislation just passed by Congress allows America to benefit from the petroleum resources that experts predict will be found in a small section of the plain, along Alaska’s northern coast. The legislation directs the Interior Department to hold at least two lease sales over the next 10 years, for a maximum of 2,000 acres opened to drilling. Analysts say the sales could fetch as much as $2.2 billion.
The area contains an estimated 10.4 billion barrels of oil, says Alaska Senator Lisa Murkowski, chair of the Senate Energy and Natural Resources Committee. Others put the petroleum potential even higher.
More: https://townhall.com/columnists/pauldriessen/2017/12/30/a-little-slice-of-alaskan-tundra-is-finally-open-for-drilling-n2428295
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Drill Baby Drill! ^-^
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Thread merged.
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Thread merged.
Thanks... didn't realize we had an energy forum. @Free Vulcan
Good to know. :laugh:
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Wont happen off Floridas coast.
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Wont happen off Floridas coast.
I would say it is only a question of how far offshore.
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Next stop has to be opening more offshore areas to drilling, Mr. President.
Finally did it. Knew it would just be a matter of time.
http://www.gopbriefingroom.com/index.php/topic,297987.0.html (http://www.gopbriefingroom.com/index.php/topic,297987.0.html)
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Wont happen off Floridas coast.
Maybe not for oil, but definitely for natural gas.
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Threads merged.
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Maybe not for oil, but definitely for natural gas.
You and I both know that there is no such thing as a purely oil well or a purely gas well but we don't need to spread that information around too much! ;>)
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You and I both know that there is no such thing as a purely oil well or a purely gas well but we don't need to spread that information around too much! ;>)
Yep, although I have been around some natural gas wells that are pretty dry.
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Yep, although I have been around some natural gas wells that are pretty dry.
Yes, but in today's world, few are searching for such a well in the US. NatGas liquids have significant value, (and more work for me!!!)
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I think this is something we can all agree on.
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Yep, although I have been around some natural gas wells that are pretty dry.
LOL! I'm sure we all have.
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Yes, but in today's world, few are searching for such a well in the US. NatGas liquids have significant value, (and more work for me!!!)
I agree that heavier ends will always make for more value; however, there exists a lot of gas that is almost all methane that can be produced at prodigious enough amounts as to be valuable as well.
as an example, a friend of mine recently joined a company that is targeting the gas window of the Eagleford instead of the liquids-rich portion. The gas window is a LOT bigger and, since it is dry, will produce at much higher gas rates as methane is at lower viscosity.
Knowing your adaptability @thackney , I have no doubts this poses not problem for you to finalize your career.