article thumbnail

EIA: 5 states and the Gulf of Mexico produce more than 80% of US crude oil; shales drive the growth

Green Car Congress

Five states (Texas, North Dakota, California, Alaska, and Oklahoma) and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013, according to the US Energy Information Administration (EIA). Click to enlarge. million barrels per day.

article thumbnail

Commentary: Could falling oil prices spark a financial crisis?

Green Car Congress

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. As is the nature of the junk-bond market, lots of money flowed to companies with much riskier drilling prospects than, say, the oil majors. The situation will compound itself if oil prices stay low.

article thumbnail

US State Department to issue Final EIS on Keystone XL pipeline in August; additional meetings in affected states

Green Car Congress

During September, the State Department will also host public meetings in the capitals of each of the six states through which the proposed pipeline would pass—Montana, South Dakota, Nebraska, Kansas, Oklahoma, and Texas—with an additional meeting in the Sand Hills region in Nebraska and along the Gulf Coast near Port Arthur, Texas.

Oil-Sands 218
article thumbnail

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

article thumbnail

USDA providing $9.6M to create 9,000 acres of BCAP project areas for non-food energy crop production

Green Car Congress

BCAP, created in the 2008 Farm Bill, helps farmers and forest land owners with start-up costs of planting new energy crops that can take several years to reach maturity until harvest, a timeline designed to parallel the construction schedule of commercial-scale energy facilities that will use these crops.

Arkansas 218
article thumbnail

Coskata Unveils Semi-Commercial Feedstock-Flexible Ethanol Facility; Springboard for Full-Scale Commercial Rollout

Green Car Congress

The process also uses less than half the water per gallon than required for the production of gasoline from conventional crude, and about one-third to one-quarter of the water per gallon required for the production of gasoline from oil sands oil, Bolson said. On average, approximately 3.0 Earlier post.).

article thumbnail

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

Incremental well-to-wheels GHG emissions from WCSB Oil Sands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. The document is posted on State’s Keystone project site , which it has run since the beginning of the Keystone XL Presidential permit process in 2008. million bpd in 2010 to 6.5

Oil-Sands 220