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USDA announces state finalists for $100M Biofuel Infrastructure Partnership for pumps with higher ethanol blends

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Agriculture Secretary Tom Vilsack announced that 21 states will receive $100 million in grants through the Biofuel Infrastructure Partnership (BIP) to add infrastructure needed to supply more renewable fuel to drivers in the US. Since announcing the program in May 2015, the US. North Carolina. North Dakota.

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Opinion: Are US Drillers Actually Making A Comeback?

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There is a newfound bullishness in the oil markets—net long positions on Brent crude have hit multi-year highs in recent weeks on a belief that US supply is on its way down. Other companies—including Devon Energy, Chesapeake Energy, and Carrizo Oil & Gas—have also lifted predicted increases in output for 2015.

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Opinion: The Current Oil Price Rally Is Reaching Its Limits

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million barrels per day (mb/d) in April 2015. Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. Some areas of North Dakota have breakeven prices at around $20 to $25 per barrel.

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Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

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mbpd of crude oil and natural gas liquids per year by 2020, making it the second largest oil producer in the world, after Saudi Arabia, according to Maugeri. The Bakken and Three Forks fields in North Dakota and Montana alone could become the equivalent of a Persian Gulf-producing country within the United States.

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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Its high carbon-capture rate reduces the total amount of CO 2 emitted to the atmosphere to less than 10% of the emissions for power from a conventional coal plant, and less than 25% of those for power from a highly efficient, natural gas-fired plant, according to Summit. Combustion of the H 2 -rich fuel gas will produce water vapor.

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