Elections Have Consequences
Undoubtedly, the year 2020 will be remembered for many reasons. Another one of those reasons is upon us as we near Election Day on November 3. It is a presidential-election year, and it seems we are told every four years that it is the “most important election” in a...
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Asking the Right Question

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The perennial policy tug of war between energy development and its effects on the environment has many components, and the position of any given politician, interest group or individual citizen is usually heavily influenced by the particular component that is considered to be paramount. But that doesn’t mean that...
Making Strides in High-Efficiency Power Generation With the STEP 10 MWe Pilot Project
Construction has been completed on the building where breakthrough supercritical carbon dioxide (sCO2) technology for clean, compact, and high-efficiency power generation will be demonstrated. The transformational technology dramatically improves environmental performance, economics, and operational flexibility, and it is much more compact than conventional steam power cycle technology. Located on Southwest...
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President Donald Trump took to his Twitter account in late April to criticize the Organization of the Petroleum Exporting Countries (OPEC) for creating oil prices that he calls “artificially very high”: “Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully...
SHALE Policy Article May 2019 2
There are few things — if any — that are more important to our lives than water. Without water, human life ceases to exist. Texas is all too familiar with frequent periods of drought and increasing demand on our water supply; when we think about challenges with water it’s usually...
Los Alamos Science Shows Improvements in Shale Natural Gas Production
When honest historians — if we have any such thing left in America — look back at the first 20 years of the U.S. Shale business, I have little doubt that two overriding themes to describe the industry will emerge: transformational and resilient. To say that this industry has been...
Steel Tariffs
When all is considered, there is no doubt about the fact that more jobs will be lost economy-wide than will be gained or saved because of steel and aluminum tariffs and import quotas.
Pennsylvania Governor Vetoes Environmental Bill
The events of the last several months have been unprecedented. A global pandemic and oil price war unfolding at precisely the same time. Rewind to 2019. Production was at an all-time high in the United States, but signs of a weakening global economy and demand and looming downward pressure on...
THE POLICY GOAL OF ENERGY
The tale is told of my Keffer ancestors moving the family from Greene County, Pennsylvania in 1910 to Lipscomb County in the Texas Panhandle. They gave away all their winter clothing and bedding because they were leaving the frozen North for the sunny South. And then came the “Great...
One of the many outcomes of the COVID-19 pandemic is that the cost of shipping crude oil overseas has collapsed. According to a report in the Wall Street Journal today, the average price for chartering oil tankers has fallen by 77% since March as a result of the massive cuts in supply in response to the crash in oil prices.
These are extraordinary and unprecedented times for the oil patch. The world is awash in crude oil from the only-recently paused price war between Russia and Saudi Arabia. That supply glut has been combined with a massive demand drop as economies around the world have been shut in and shut...