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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.

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National Academies’ Gulf Research Program awards $10.8M to address systemic risk in offshore oil and gas operations

Green Car Congress

million to six new projects to develop new technologies, processes, or procedures that could result in improved understanding and management of systemic risk in offshore oil and gas operations. Oklahoma State University. The Gulf Research Program (GRP) of the National Academies of Sciences, Engineering, and Medicine is awarding $10.8

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Transcanada restarts Keystone oil sands pipeline operations

Green Car Congress

TransCanada Corporation said that its 590,000 barrel-per-day (bpd) capacity Keystone Pipeline system resumed transporting oil sands crude on Sunday, 5 June, after a shutdown 29 May following an above-ground spill at a pump station in Kansas involving less than 10 barrels of oil. —PHMSA Corrective Action Order. Click to enlarge.

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USDA and DOE award $12.2M to 10 research projects to accelerate bioenergy crop production and spur economic impact

Green Car Congress

The investments are part of a broader effort by the Obama administration to develop domestic renewable energy and advanced biofuels. The potential benefits of this research range from decreasing oil consumption to increasing options for American farmers. Bartley, University of Oklahoma, Norman. x giganteus (M. sinensis x M.

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DOE to award more than $27M to 12 plastics recycling R&D projects

Green Car Congress

As part of DOE’s Plastics Innovation Challenge, these projects will also help improve existing recycling processes that break plastics into chemical building blocks, which can then be used to make new products. Partners include Husky, Miliken, the National Renewable Energy Laboratory, Niagra, Oklahoma State University, Under Armor, and Unifi.

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America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

Clean Water Act gives Washington regulatory power over water extraction and reinjection across the country, state officials have autonomy to govern other parts of the process. The path is even murkier for water that is extracted alongside crude oil. While the 1972 U.S.

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ARPA-E Awards $151M to 37 Projects for Transformative Energy Research

Green Car Congress

In July, the DOE announced that ARPA-E had received approximately 3,500 submissions for the approximately $150 million available as part of the first Funding Opportunity Announcement (DE-FOA-0000065) released 27 April 2009. Earlier post.) A second set of ARPA-E funding opportunities will be announced in the late Fall. DOE Share: $2,251,183).

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