This was one of the main messages voiced by members of the Interstate Oil & Gas Compact Commission May 7 at the start of its midyear issues summit in Point Clear, Ala.
Speakers at IOGCC"s first general session agreed that maximizing US oil and gas production in an environmentally sound way should not, and don"t have to be mutually exclusive goals.
North Dakota Gov. John Hoeven, current IOGCC chairman, said the
Hoeven also stressed the need for optimism in looking at the current state of US oil and gas production—seeing the glass as half-full, rather than half-empty. The
Maximizing efficiency
Michael Ming, president of Research Partnership to Secure Energy for America (RPSEA), said increasingly advanced technologies will be required to increase oil and gas production in the
RPSEA is a nonprofit corporation composed of a consortium of US entities, including industry, government, academia, and national laboratories. Its mission is to provide a role in ensuring focused research, development, and deployment of safe and environmentally sensitive technology that can effectively deliver hydrocarbons from domestic resources.
Ming said at the consumption end of the oil supply chain, US states must continue to invest in research and development to find ways to maximize energy efficiency. In most cases, Ming said, energy use in the
"The potential is high to increase the end-use efficiency of our supplies," Ming said, adding that efficiency leverages all forms of supply—renewable resources as well as conventional ones.
Ming said the
Currently, the energy resource base of the
Independents" role
Speaking on the challenges of the 110th US Congress and its decisions" effect on US independent producers was Michael Linn, president of the Independent Petroleum Association of America and chairman, president, and chief executive of Linn Energy LLC, Houston. Linn noted that while addressing global climate change through mitigating emissions of carbon dioxide was "admirable," the solution would need to come from a worldwide perspective. Developing countries such as
Linn said development of alternative forms of energy is also vital and suggests using natural gas as a primary "buffer" source of energy while developing these other sources.
Linn also stressed that Congress should not pass any more legislation that would hurt US independent producers and their search for oil and gas. Linn said gaining access to areas now off limits to exploration and production, such as off
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