Fuel Subsidies

Written by Edie Allison on Aug 22 2014 | Energy policy, Global energy, Oil, Tax policy

In developed countries such as the United States, energy subsidies are usually discussed in terms of tax preferences for renewable or fossil energy sources, or energy efficiency. In other parts of the world, led by Uzbekistan (mentioned below), subsidies take the form of government-funded reductions in retail prices for fossil fuels.

Looking at the U.S., the Congressional Budget Office (CBO) reports (March 2012) that “Tax preferences for energy were first established in 1916, and until 2005 they were primarily intended to stimulate domestic production of oil and natural gas.” Tax preferences for energy efficiency and renewable energy have expanded since the 1970s. In 2011 CBO estimated that the U.S. provided about …

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Congressional Jobs

Congressmen on TV in 1946

There may be job openings on Capitol Hill as some Senators and Representatives, and their staffs are replaced after the election. If you want to apply for one of those staff jobs check out HillZoo.com.

However, this blog is about congressional actions on jobs outside of the Capitol, especially energy jobs.

Over four months this year the House Natural Resources Committee, chaired by Doc Hastings (R-Wash.), or its Energy and Mineral Resources Subcommittee, chaired by Doug Lamborn (R-Colo.), hosted seven hearings celebrating American energy jobs. The short story is that the energy industry offers many job opportunities. These hearings are highlighted …

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Renewables are Booming Too

Those of us in the petroleum industry have been tracking the rapid expansion of oil and gas production from shales and in the process we may not have noticed the rapid expansion of renewable energy, especially wind. The latest Energy Information Administration (EIA) statistics:

  • In 2003 wind was providing 0.1 quads (quadrillion BTUs) of the nearly-70 quads of energy produced in the U.S..
  • In 2013 wind was providing 1.6 quads of the 81.7 quads of energy produced in the U.S.
  • In 2013 all renewable energy represented 13 percent of electricity generated in the U.S.

Historically hydroelectricity represented the vast majority of renewable power it is now close to representing less than …

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Waiting for China’s Natural Gas Revolution

Written by Edie Allison on Aug 01 2014 | Natural Gas, Uncategorized

China plans to significantly increase its natural gas consumption to help cut its appalling air pollution. But natural gas is still a small part of its energy mix. In addition, and to confound environmentalists, a significant part of China’s gas supply comes from Coal-to-Gas technology, which generates large volumes of greenhouse gas and other pollutants, but does allow China to deliver clean-burning gas to locations with severe air pollution.

The Global Times recently reported that, although natural gas production and use is rapidly increasing in China, the fuel comprised only 5.9 percent of the country’s total primary energy consumption in 2013. A few statistics suggest the diversity of China’s gas …

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