Tuesday, 17 March 2015 12:41
Interior Secretary Jewell to attend Oil, Gas Lease Sale of 41.2M acres in Gulf
 

jewellOn Wednesday, Secretary of the Interior Sally Jewell will attend and open bids at an oil and gas lease sale offering 41.2 million acres for exploration and development in the Central Planning Area offshore Louisiana, Mississippi and Alabama.

 

The event will be held in New Orleans.

 BOEM estimates the sale could result in the production of 460 to 890 million barrels of oil, and 1.9 trillion cubic feet to 3.9 trillion cubic feet of natural gas. When bidding closed today, 35 companies had submitted 195 bids on 169 blocks offered in the sale. A map of the location of tracts receiving bids will be available tomorrow at 7:00 a.m. CDT on the BOEM website at: www.boem.gov/Sale-235/.

Lease Sale 235 is the seventh offshore sale under the Administration’s Outer Continental Shelf Oil and Gas Leasing Program for 2012-2017 (Five Year Program). The previous six sales offered 60 million acres and garnered $2.4 billion in high bids and awarded 877 leases. The Five Year Program makes available all offshore areas with the highest resource potential and includes 75 percent of the nation’s undiscovered, technically recoverable offshore oil and gas resources.

BOEM oversees 160 million acres on the Outer Continental Shelf off Texas, Louisiana, Mississippi, Alabama and Florida. About 28.5 million acres (5,279 blocks) are leased for oil and gas development; and 4.6 million of those acres (924 blocks) are producing oil and natural gas.

American Chemistry Council

The American Chemistry Council (ACC) today expressed strong support for S. 751, The Clean Air, Strong Economies (CASE) Act, reintroduced by Senators John Thune (R-S.D.) and Joe Manchin (D-W.V.) The bill establishes a number of requirements before U.S. Environmental Protection Agency (EPA) may lower the National Ambient Air Quality Standard (NAAQS) for ground-level ozone. Reps. Pete Olson (R-Texas) and Bob Latta (R-Ohio) are introducing a companion bill in the House of Representatives.

“We applaud Senators Thune and Manchin and Congressmen Olson and Latta for reintroducing the CASE Act. Their bill will help ensure that manufacturers eager to invest in the U.S. have a clear regulatory process and cost-effective, feasible standards. It’s a common-sense approach that lets local economies grow even as air quality continues to improve.

“Emissions of common air pollutants and their precursors have fallen substantially, according to EPA. Between 1980 and 2013, total emissions of the six principal air pollutants fell 62 percent and ozone concentrations fell 33 percent, even as U.S. gross domestic product grew 145 percent. Voluntary and regulatory programs will continue to reduce ozone concentrations through 2030.

“The current ozone NAAQS of 75 parts per billion is the most stringent ever and hasn’t been fully implemented across the country. Parts of 26 states still don’t meet it. EPA should assist them before pursuing new regulations that could slow or stop manufacturing growth.”

Under the CASE Act, 85 percent of the counties unable to meet the current standard would have to do so before EPA lowers the level yet again. The Agency would be required to use direct air quality monitoring, resulting in a more accurate assessment of nonattainment areas. And EPA would have to consider cost and feasibility when setting lower ozone standards.

ACC's statement on EPA's proposal is available athttp://www.americanchemistry.com/Media/PressReleasesTranscripts/ACC-news-releases/ACC-Statement-on-EPA-Ozone-Proposal.html. A recent blog post is athttp://blog.americanchemistry.com/2015/03/epas-ozone-standard-a-defining-moment-for-u-s-manufacturing/

Media Sources

BayoubuzzSteve

Website: www.bayoubuzz.com
Login to post comments
  • A July 4th Fact of Facts: America is Land of Immigrants
  • Poll: Trump strong on jobs, weak on tweets, viewed as reckless, thin-skinned, sexist
  • President Trump, It doesn't feel like Independence Day
  • YIPPIE! The naked truth about free speech, cherished especially on Independence Day

mass2On July 4, 1778, George Washington doubled liquor rations for the soldiers quartered in Princeton, NJ, as a way to celebrate Independence Day. It’s fitting, therefore, that the Fourth of July is America's top-selling beer holiday, according to the Beer Institute. It estimated, in 2013, that sales of beer on the 4th could total $1 billion, doubtlessly higher today. “In moderation,” claims a CA brewery investor, Grover McKean, “beer is tasty and healthy.” Who could disagree?

Read More

joe mikaAs Donald Trump faces the top world leaders this week, including a face-time with Vladimir Putin, and as his healthcare proposals face an uphill climb, his poll numbers for how the nation views him could be better.

According to a morning Consult/Politico poll released Wednesday morning, his tweets, including that against MSNBC's Mika Brzezinski, and his personality are not helping him, at all.

Read More

indy dayII know the calendar says we are approaching the 4th of July, but, it just doesn’t feel like Independence Day.

Perhaps it should.  It’s hot as heck.  The airlines have been packed. The hot dogs are ready for grilling.  The umps are saying, "play ball". The patriotic activities are scheduled. The fireworks are ready-for-blasting. 

Yet, it just doesn’t feel like independence day.

Read More

bill rights2To President Thomas Jefferson, July 4th celebrated more than the signing of the Declaration of Independence. He thought it was a link to the future. The message prominent colonists sent to King George III led to the Constitution and the Bill of Rights, the initial and most prominent feature of which is the First Amendment that guarantees free speech. It’s part of the country’s fundamental essence that each man and woman can say what they feel about government, or anything else, proving President Donald Trump needs some civics lessons.

Read More

latter-blum2

Dead Pelican

Optimized-DeadPelican2 1 1