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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: domestic oil production

domestic oil production stories: 4 news summaries

Wind Could Provide All US Power: Feds

Interior Dept. study sees offshore turbines generating energy

Apr 3, 09 10:18 AM CDT
(Newser) - Offshore winds are a largely untapped resource that could potentially supply the US with even more electricity than it currently needs, according to a new Interior  Department report. The report says the area off the Atlantic coast could meet more than one-fourth of the national power demand, but the fact... More »

MORE ABOUT:
energy • Department of the Interior • renewable energy • Ken Salazar • natural gas • wind power • turbines • offshore oil • offshore development • domestic oil production • offshore drilling

(Newser) - It doesn't pay to drill, baby, drill anymore. Falling world prices have brought an end to the boom in domestic drilling for oil and natural gas, the New York Times reports. Last summer, 2,400 gas and oil rigs were deployed in the hunt for energy. Today, that figure is... More »

MORE ABOUT:
recession • gas prices • natural gas • oil drilling • oil prices • domestic oil production • lay-offs

Student May Face Fed Charges for Fake Drilling Bids

Activist infiltrated auction, won 22,000 acres
of federal land at auction in protest

Jan 12, 09 4:40 AM CST
(Newser) - A Utah college activist may face federal charges and jail for making bids he can't afford on scenic tracts in a federal drilling auction last month, the Washington Post reports. Economics student Tim DeChristopher wielded his red auction paddle 13 times to snag $1.8 million in property before federal... More »

MORE ABOUT:
Bush administration • auction • Utah • activist • oil drilling • national park • environmentalists • domestic oil production

ANALYSIS

 Cheaper Oil 
 Likely to 
 Stay Awhile 

Demand won't quickly return to old levels, and new tech, exploration keeps pressure off

Nov 18, 08 4:02 PM CST
(Newser) - Oil prices are down, and they’re likely to stay that way for now, writes Ronald Bailey for Reason. Not only did the recent spike in gas prices drive down demand in the US; it also heightened the effect of domestic and local production. Government mandates, made in response to... More »

MORE ABOUT:
oil • Canada • OPEC • offshore oil • gasoline prices • domestic oil production

4 Stories


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