Archives par mot-clé : USA

US oil production tops 10 million barrels a day for first time since 1970

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.

U.S. on Track to Top Russia as World’s Largest Oil Producer, Upending Global Trade and Geopolitics

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.

Oil Boom Gives the U.S. a New Edge in Energy and Diplomacy

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.

Geopolitical risks to US oil supply lowest since the early 1970s

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.

Secretary Zinke Announces Plan For Unleashing America’s Offshore Oil and Gas Potential

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.

SCIENTISTS: Global Warming Is Not Causing Harsh Winter Weather

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 (…)

U.S. oil production booms as new year begins

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.

Tamper, tamper! How They failed to hide the gulf between predicted and observed warming

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.

The Great New Year’s Freeze Of 2017 Setting Cold Records …And Leading To Outlandish ‘Climate’ Claims

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.