1 / 34

U. S Energy Independence

U. S Energy Independence. Effective Energy Policy. Energy Policy. There is an Energy Policy - verbalized by President Obama. Increase domestic production Boost the use of biofuels Improve the clean energy standard. Established by President Jimmy Carter in April of 1977

bosteen
Download Presentation

U. S Energy Independence

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. U. S Energy Independence Effective Energy Policy

  2. Energy Policy There is an Energy Policy - verbalized by President Obama.

  3. Increase domestic production Boost the use of biofuels Improve the clean energy standard

  4. Established by President Jimmy Carter in April of 1977 Result of the Arab Embargo of ’73/’74 Departmentof Energy

  5. Departmentof Energy Reduce America’s Dependence on Foreign Oil 1977 Stated Purpose

  6. Number of Employees 16,000 Annual Budget $28.4 Billion Departmentof Energy

  7. Department of the Interior Ken Salazar Deep Water Horizon Reorganization

  8. The Energy Potential New Energy Resources Unavailable Resources

  9. U.S. Oil & Natural Gas UNDISCOVERED TECHNICALLY RECOVERABLE

  10. Woods McKenzie Study A Comparison of Policy

  11. CURRENT PATH ASSUMPTIONS 1. CONTINUED SLOW WALK OF FED PERMITS 2.TIGHTER FED CONTROLS ON FRACKING 3. NO OPENINGS OF NEW AREAS OF EXPLORATION OR DEVELOPMENT 4. RESTRICTIONS ON NEW PIPELINE DEVELOPMENT FROM CANADA

  12. DEVELOPMENT ASSUMPTIONS 1. OPEN FED AREAS THAT ARE NOW OFF LIMITS 2. LIFT THE DRILLING MORATORIUM IN NEW YORK STATE 3. INCREASE THE RATE OF PERMITTING 4. APPROVE THE KEYSTONE PIPELINES AND ADDITIONAL PIPELINES FROM CANADA 5. REGULATION OF SHALE RESOURCES REMAINS WITH THE INDIVIDUAL STATES

  13. IMPROVEMENT

  14. IMPROVEMENT

  15. Why is Keystone XL even under dispute ?

  16. Alternate Energy Sources • Ethanol • Biodiesel • Hydrogen • Solar panels

  17. Best Use For Ethanol

  18. Worthy of note: Regulations and environmental protests are the most common reasons for the failure to develop resources in North America.

  19. An Energy Policy for the Future • Increase, not decrease energy production by promoting all sources. • Encourage energy efficiency as a core American Principle. • Encourage investment in advanced technologies and long-term energy initiatives. • Allow market forces to allocate products and adjust to changing conditions. • Refrain from new taxes that make it more expensive to develop our domestic supplies • Support the need to participate actively in global energy markets rather than isolate the U.S.

  20. Modify regulations to permit and encourage reasonable and safe energy development

  21. QUESTIONS ???

More Related