Federal Oil and Gas Leasing and Greenhouse Gas Emissions

Federal Oil and Gas Leasing and Greenhouse Gas Emissions

In a recent paper, Brian C. Prest of Resources for the Future asks “How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?” I shunt aside here a critique of Prest’s methodological approaches. What is interesting is the utter absence in his analysis of any discussion of the implications of those additional GHG emissions in terms of climate phenomena. Prest reports a finding that, cumulatively for 2024–2050, additio…

Interior Department proposes major streamline of oil and gas lease rules

The Department of the Interior has proposed updates to its Bureau of Land Management regulations that would make it easier for energy companies to “commingle” production from multiple onshore leases. The proposed rule would allow oil and gas operators to combine output from different federal leases, even when those leases have varying ownership structures, royalty […] The post Interior Department proposes major streamline of oil and gas lease ru…