by Patti Domm, January 31, 2018 in CBNC
- U.S. crude oil production broke 10 million barrels a day in November for the first time since production peaked in 1970, at the start of a decades long decline.
- The U.S. is the world’s third largest oil producer, and its status is growing. Russia is the largest, with about 11 million barrels a day. The U.S. output rivals Saudi Arabia, which has had production of 10.6 million barrels a day, but currently has cut back due to the OPEC deal with Russia and others to keep supply off the market.
- The U.S. production is expected to expand and could top 12 million barrels a day by the end of 2019, according to Dan Yergin, IHS Markit Vice Chairman.
by Haaretz and Reuters, January 29, 2018
Surging shale production is poised to continue pushing U.S. oil output to more than 10 million barrels per day – toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago. The U.S. government forecasts that the nation’s production will climb to 11 million barrels a day by late 2019, a level that would rival Russia, the world’s top producer.
New technology, new fields
The next phase of shale output growth depends on techniques to squeeze more oil from each well. Companies are now putting sensors on drill bits to more precisely access oil deposits, using artificial intelligence and remote operators to get the most out of equipment and trained engineers.
by Clifford Krauss, January 28, 2018 in TheNewYorkTimes
HOUSTON — A substantial rise in oil prices in recent months has led to a resurgence in American oil production, enabling the country to challenge the dominance of Saudi Arabia and dampen price pressures at the pump.
The success has come in the face of efforts by Saudi Arabia and its oil allies to undercut the shale drilling spree in the United States. Those strategies backfired and ultimately ended up benefiting the oil industry.
Overcoming three years of slumping prices proved the resiliency of the shale boom. Energy companies and their financial backers were able to weather market turmoil — and the maneuvers of the global oil cartel — by adjusting exploration and extraction techniques.
by Paul Homewood, January 25, 2018 in NotaLotofPeopleKnowThat
So I thought I would do some digging into the actual temperature data, to see if NOAA’s version stacks up. I promise that you will be astounded at the results! (…)
by P. Homewood, January 18, 2018 in NotaLotofPeopleKnowThat
The topic of how the US temperature record has been massively altered in recent years has been well covered by Tony Heller, myself and others in the past.
Nevertheless it is worth summarising again.
by Paul Homewood, March 27, 2014 in NotaLotofPeopleKnowThat
NCDC have introduced a new method this month of calculating state, (but not national) temperatures in the US.
by Tony Heller, January 11, 2018 in TheDeplorableClimSciBlog
Afternoon temperatures during the first week of January have been declining in the US for a century, and have dropped more than ten degrees during the last decade.
by Anthony Watts, January 7, 2018 in WUWT
From Investors Business Daily
Climate Myths: We keep reading about how the extreme weather of 2017 is the “new normal” thanks to global warming — even if the weather in question is frigid air. But the data don’t show any trend in extreme weather events in the U.S. for decades. Science, anyone?
by Rice University, January 5, 2018 in Sciencedaily
The geopolitical risks to the United States’ oil supply are the lowest since the early 1970s, due to fracking, climate action and a more diverse global supply, according to a new paper. America’s energy prosperity contrasts with a more fraught period for energy-exporting countries where geopolitical challenges have been compounded by fiscal stress and rising domestic energy demand, the authors said.
by Press Release, U.S. Department of the Interior, January 1, 2018
U.S. Secretary of the Interior Ryan Zinke today announced the next step for responsibly developing the National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program) for 2019-2024, which proposes to make over 90 percent of the total OCS acreage and more than 98 percent of undiscovered, technically recoverable oil and gas resources in federal offshore areas available to consider for future exploration and development. By comparison, the current program puts 94 percent of the OCS off limits. In addition, the program proposes the largest number of lease sales in U.S. history.
by M Bastach, January 5, 2017 in ClimateChangeDispatch
Record snowfall, a “bomb cyclone” and cold Arctic air have once again stirred up the debate over global warming’s impact on winter weather.
Some climate scientists are pointing the finger at manmade global warming as a culprit behind recent wintry weather, but there’s not a lot of evidence or agreement that global warming is currently driving extreme cold and snow (…)
by Thomas Heath, December 31, 2017 in Washington Post
U.S. crude oil production is flirting with record highs heading into the new year, thanks to the technological nimbleness of shale oil drillers .
The current abundance has erased memories of 1973 gas lines, which raised pump prices dramatically, traumatizing the United States and reordering its economy. In the decades since, presidents and politicians have made pronouncements calling for U.S. energy independence.
by Ami Sick, December 29, 2017 in 90.5WESA
Activity in Pennsylvania’s gas fields slowed in recent years amid low prices, but operators ramped up drilling in 2017, and they’re expecting to drill even more in the new year.
by Christopher Monckton, January 3, 2018, in WUWT
The indefatigable Roy Spencer at the University of Alabama at Huntsville is the first to declare the global temperature anomaly for December 2017. As Fig. 1 shows, in the 39 years 1 month from December 1978 to December 2017, the planet has warmed by half a Celsius degree. But that is equivalent to 1.28 C°/century, or little more than one-third of the 3.3 C°/century predicted with “substantial confidence” by IPCC in 1990 and also by the fifth-generation general-circulation models of the Climate Model Intercomparison Project in 2013.
by Joe Bastardi, December 3, 2017 in NoTricksZone
Meteorologist Joe Bastardi warned of a cold snap gripping the Eastern US many weeks ago, in October, at his Weatherbell Analytics site, which I visit almost daily.
Today it’s all over the news: The Great Freeze of 2017 is smashing through the entire North American East, bringing with it a wave of record temperatures.