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, Volumul 4U.S. Government Printing Office, 2000 - 129 pagini |
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ABBOTT Administration Admiral Watkins American ANWR areas barrels per day BARTON biodiesel CAVANEY Chairman challenges clean coal competitive Congress consumers continue costs crude oil decline domestic drilling economy electricity emissions energy efficiency Energy Information Administration energy security energy supply environment environmental ergy ethanol exploration and production FERC fuel fuel cells future gas and petroleum gas prices going growth Gulf Gulf of Mexico hearing impact increase infrastructure INGAA investment issues KENDERDINE LARGENT look marketplace 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 percent Phil Sharp pipeline PREPARED STATEMENT projected Prudhoe Bay quads reduce refineries regulations regulatory reliability reserves scenario sector SHIMKUS Strategic Petroleum Reserve subcommittee tax credit Thank tion trillion cubic feet utilities wellhead world oil YERGIN
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Pagina 59 - 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. DOE has also launched a new initiative this year, the Ultra-Clean Fuels Initiative, to address the need for cleaner fuels within the context of the current refining infrastructure. The Ultra-Clean Fuels...
Pagina 57 - 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 In the mid-1970's, a labyrinth of outdated and counterproductive pricing regulations had handcuffed America's natural gas industry, stifling exploration and production and conveying the false impression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 Today, the onerous natural gas regulations which started in the 1950s, have been replaced by a restructured and highly competitive gas market, and natural gas...
Pagina 60 - To use energy more efficiently, we are working to develop "intelligent building" control systems, more efficient appliances, and fuel cells to power commercial buildings. Standards to improve the energy efficiency of flourescent lighting in commercial and industrial applications, proposed this March, are expected to save between 1.2 and 2.3 quadrillion BTUs of energy over 30 years, enough energy to supply up to 400,000 homes per year over the same time period. We have recently proposed an update...
Pagina 40 - 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...
Pagina 61 - Distributed generation technologies are a major R&D focus at DOE. In addition, the Department is working on improving the performance of specific kinds of renewable energy. The growth for wind power, for example, is the highest of all sources of energy in the world. Dramatic improvements in wind turbine technology has helped spur a 25 percent increase in wind-generating capacity over the last decade. Costs of wind generated power have dropped dramatically to between four and six cents per kilowatt...
Pagina 60 - NOX emissions and producing steam together with low-cost electricity — are already approaching efficiencies of 60 percent. High efficiency electric power systems, where fuel cells are joined with combined cycle plants, could improve efficiency to as much as 70 percent. Industrial resource recovery could be dramatically improved with the development of technologies such as an integrated gasification combined power technology, which would convert coal, biomass and municipal solid wastes into power...
Pagina 41 - 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.
Pagina 54 - Since 1990, at the same time the US economy has grown by 35 percent, sulfur dioxide emissions have declined by around 20 percent. • The energy intensity of our economy — the amount of energy used per unit of economic output — has declined by 40 percent since the mid-seventies.
Pagina 55 - ... lifting the ban on the export of Alaska North Slope Oil; Royalty Simplification; privatization of the Elk Hills Naval Petroleum Reserve; the transfer and lease of Naval Oil Shale Reserves One and Three for production; Alternative Minimum Tax (AMT) and percentage depletion tax relief for small operators; and creation of a guaranteed loan program for small domestic oil and gas producers.
Pagina 57 - However, we believe that the full benefits promised by electricity competition can be realized only within an appropriate Federal statutory framework. What we do at the 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.