The National Environmental Policy Act (NEPA) turned 48 with the new year. I thought it would be a good idea to sit back and ponder whether NEPA has resulted in “environmentally responsible projects” or is just a long-winded compliance exercise, and an expensive one at that. The bigger question is whether we can ever get to a final decision in 2 years instead of 10 years as President Trump is advocating. Read more about Taking Stock of NEPA at 48
Back in May 2015, I presented a paper in Houston on the resilience of natural gas and oil pipelines and their relationship to the power sector. The audience was polite, but few people were interested in resilience. How things have changed!
Today trade representatives from Canada, Mexico and the United States are meeting in Washington DC to begin renegotiating the North American Free Trade Agreement (NAFTA). Everyone is focused on jobs, competitiveness and modernizing the agreement. Few people are tuned into the environmenal side of things at this time, but they should be because of the environmental benefits. Read more about Will NAFTA Renegotiation Stop Greening of Mexico’s Power Sector?
Recently the FERC held a technical conference on Natural Gas Indices. Back in March 2017, I was asked by the the Natural Gas & Electricity Journal to write about natural gas indices. I hope the article below will provide a good overview of the issues and stimulate discussion.
There is a great deal at stake in modernizing the North American Free Trade Agreement (NAFTA). While many news outlets have focused on factory jobs leaving the U.S., I wanted to take a closer look at the growing exports of natural gas to Mexico and how natural gas and electric power infrastructure investments in both countries could be affected if NAFTA is repealed or negotiations go poorly.
Besides energy investments, I also touch upon how U.S. Disrespect disrespect and truculence from President Trump regarding immigration and "the Wall" can influence Mexico's 2018 Presidential Election and lead to a "lose-lose" situation for both countries. The consequences can be dire and may affect the ability of the U.S. to compete in the global market place.
The University of Colorado Denver's Institute for International Business/CIBER and Global Energy Management Program was kind enough to extend me an invitation to speak on the matter on March 29, 2017. While it's impossible to share all aspects of our discussion, I still wanted to share the presentation [PDF} with you and welcome comments and questions on the subject.
Note: These ideas are my own and I am not representing any organization or government. Nor I am I being paid to write this post. Read more about Will NAFTA's Repeal Threaten U.S. Natural Gas Exports to Mexico and Global Markets?
The following post was co-authored by Tom Russo and Kleinschmidt Principal, Kelly Schaeffer.
The U.S. Army Corps of Engineers (Corps) could play a lead role in increasing the number of hydropower projects licensed at its navigation and flood control dams. The biggest challenge to realizing this is not the lack of legislation or new regulations, but rather the lack of experience and familiarity with the review of hydropower project proposals. The Trump Administration’s penchant for results over process may provide added incentives to both the Corps and the Federal Energy Regulatory Commission (FERC) to cooperate and facilitate more hydropower development at Corps dams. Successfully implementing a recently signed Memorandum of Understanding (MOU) between these two agencies is the key to success. Read more about The Trump Effect on U.S. Hydropower
Someone asked me why the North American Oil and Shale Gas Revolution didn't stall given declining oil and natural gas prices. What came to emy mind was resilency and seven other factors which taken together can explain why OPEC and Russia did not get their wish.
The most important factor is that Oil and Natural Gas can't just be looked at as a single commodity. The fact is, depending on where you drill a hole in North America's onshore shale basins, you will probably get oil and associated natural gas, natural gas and natura gas liquids (NGLs) or just natural gas. So a producer can rely on multiple revenue streams from all or a combination of these commodities or a portfolio of assets. Fortunately, each commodity's price is different and not exactly related. It also helps to have th infrastructure to process and refine these commodities and move them to markets in North America and abroad. Read more about Why the Oil and Natural Gas Shale Revolution is so Resilient
The National Capital Area Chapter of the U.S. Association for Energy Economics (NCAC-USAEE) featured Tom Russo, Founding Partner of Russo on Energy LLC in its July 2016 newsletter. Tom spoke about key economic/policy issues facing the energy industry and why the NCAC-USAEE is a great place to network in Washington DC.