National Energy Power: Ensuring Adequate Supply of Natural Gas and Crude Oil : Hearing Before the Subcommittee on Energy and Power of the Committee on Commerce, House of Representatives, One Hundred Sixth Congress, Second Session, May 24, 2000, Volume 4 |
Other editions - View all
Common terms and phrases
ABBOTT Administration Admiral Watkins American ANWR areas barrels per day BARTON benefits biodiesel CAVANEY Chairman challenges clean coal committee competitive Congress consumers continue costs crude oil decline domestic drilling economy electricity emissions energy efficiency energy security energy supply environment environmental ergy ethanol exploration and production federal FERC fuel fuel cells gas and petroleum gas prices going growth Gulf Gulf of Mexico hearing impact increase infrastructure INGAA investment issues KENDERDINE LARGENT look meet microturbines million barrels national energy policy natural gas industry nuclear offshore oil and gas oil and natural oil imports oil prices oil production OPEC panel Phil Sharp pipeline PREPARED STATEMENT projected Prudhoe Bay quads reduce refineries regulations regulatory reliability reserves scenario sector SHIMKUS sources Strategic Petroleum Reserve subcommittee tax credit technologies Thank tion tricity trillion cubic feet utilities wellhead world oil YERGIN
Popular passages
Page 99 - Rangel, and members of the committee. I am honored to be here today to present to you the President's FY 2006 budget for the Department of Health and Human Services (HHS).
Page 53 - This nation has abundant biomass resources (grasses, trees, agricultural wastes) that have the potential to provide power, fuels, chemicals and other biobased products. The President has set a goal of tripling US use of biobased products and bioenergy by 2010, which would generate as much as $20 billion a year in new income for farmers and rural communities, while reducing greenhouse gas emissions by as much as 100 million tons a year - the equivalent of taking more than 70 million cars off the road.
Page 34 - These projections are not meant to be exact predictions of the future, but represent a likely energy future, given technological and demographic trends, current laws and regulations, and consumer behavior as derived from known data. EIA recognizes that projections of energy markets are highly uncertain...
Page 51 - Federal level, and when we do it, will have a profound impact on the success of wholesale competitive markets, as well as on state and local retail markets. Federal action is necessary for state restructuring programs to achieve their maximum potential. Electrons do not respect state borders. Electricity markets are becoming increasingly regional and multi-regional. Actions in one state can and do affect consumers in other states. States and the Federal government must work together. States alone...
Page 54 - Vision 21 — with a goal of near-zero emissions from power generation and 60 to 70 percent generation efficiencies. The fleet of large, high-efficiency power systems envisioned by this program would produce emissions well below New Source Performance Standards for SOX, NOX, and particulates, with most advanced systems achieving near-zero emissions for regulated pollutants. DOE's Carbon Sequestration Program is designed to develop technologies and practices to sequester carbon that: are effective...
Page 35 - AEO99 beyond 2005, reflecting considerable optimism about the potential for worldwide petroleum supply, even in the face of the substantial expected increase in demand. Production from countries outside OPEC is expected to show a steady increase, exceeding 45 million barrels per day by the turn of the century and increasing gradually thereafter to more than 56 million barrels per day by 2020.
Page 104 - ... fuel expanding electricity generation. The study concluded that: US gas demand will be filled with US production, along with increasing volumes from Canada and a small, but growing, contribution from liquefied natural gas (LNG) imports. . . . Two regions deepwater Gulf of Mexico and the Rockies will contribute most significantly to the new supply. . . . US production is projected to increase from 19 TCP in 1998 to 25 TCF in 2010, and could approach 27 TCF in 2015. Deeper wells, deeper water,...
Page 104 - Association (NSWA), and 33 cooperating state and regional oil and gas associations. These organizations represent independent petroleum and gas producers, the segment of the industry that is damaged the most by the lack of a domestic energy policy that recognizes the importance of our own national resources. NSWA represents the small business operators in the petroleum and natural gas industry, producers with "stripper
Page 51 - With deregulation, natural gas has emerged as a plentiful, national energy resource. In the mid-1970's, a labyrinth of outdated and counterproductive pricing regulations had handcuffed America's natural gas industry, stifling exploration and production and conveying the false impression that America's natural gas supplies were on the wane. Today, the onerous natural gas regulations which started in the 1950s, have been replaced by a restructured and highly competitive gas market, and natural gas...