Today In Energy News Radio Minute (Audio Above)
NEWSMAKER INTERVIEW sponsored by U.S. Energy Media: Lori Hinz, reporter for BEK News, gives a weekly update from the research on her daily feature on Capturing America’s Heartland: CO2 Pipeline on Townsquare Media SuperTalk 1270AM’s Talk of the Town with host Steve Bakken.
This week the two discuss a recent North Dakota Public Service Commission hearing scheduled for Summit Carbon Solutions’ Midwest Express Carbon Pipeline Project where North Dakota is the terminus for the carbon storage.
Hinz was at the meeting, taking notes and reports for her news content partners.
“I watched the entire thing,” Hinz said. “I was there for the entire nine hours of the Public Service Commission meeting.”
Click here for full length interview
WOMEN IN ENERGY sponsored by The OilWoman Magazine: Engineering High-Tech Solutions, One Step at a Time
For someone who had her head in the clouds for much of her college career – interning for NASA and SpaceX – Hahna Alexander now has her feet planted firmly on the ground.
What started as a senior design project in a mechanical engineering class at Carnegie Mellon University (CMU) evolved into the start-up, SolePower, Inc., focusing on wearable electronics – specifically, a smart boot – that provide lighting and power generation, and has since survived one failed incarnation and a new focus. Through it all, Alexander has persisted.
“From my perspective, the power generation was particularly interesting because my phone was always dead so, on a personal note, that was the initiation of my interest in the technology. My classmate and co-founder was also quite interested in the lighting capability for walking home alone off-campus.”
PETRO-PROFILE sponsored by The OilMan Magazine: National Energy Talk Episode 26: Jason Spiess, Founder of The Crude Life
In this episode, Jason addresses several energy topics, including the energy transition.
Award winning interviewer and broadcast journalist Jason Spiess talks about some of his experiences with the industry’s best thinkers, writers, politicians, business leaders, scientists, entertainers, community leaders, cafe owners and other newsmakers in one-on-one interviews and round table discussions.
SHARE YOUR SUSTAINABLE STORY sponsored by The Industrial Forest: Carbon Capture: A New Way to Reduce CO2 Emissions
In the global energy industry, 321 million tons of CO2 were emitted in the past year. The rise in greenhouse gas emissions in the past century is taking a toll on the environment. Twenty years from now, we will create irreversible damage to the earth at this emission rate.
The rate of carbon emissions is increasing per year. Emissions from oil increased by almost 2% in the last year. While fossil fuels are the largest contributor to carbon emissions, the oil and gas industry is responsible for about 15%. Around 57 producers account for 80% of CO2 emissions in the oil and gas industry. CO2 sensors can detect the amount of CO2 in the surroundings, which can be used to collect data and tally the area around offshore and onshore sites.
THROWBACK TALKS sponsored by The Crude Life: John Gibson, CEO, ONEOK and Chairman of the Board ONEOK Partners
John Gibson talks about the difference between natural gas in the Bakken and Texas.
Gibson is non-executive chairman of the board of ONEOK, ONEOK Partners and ONE Gas. He most recently was chairman and chief executive officer of both ONEOK and ONEOK Partners after serving as chairman, president and chief executive officer of ONEOK and ONEOK Partners.
Gibson joined ONEOK in 2000 as president of energy, responsible for the company’s natural gas gathering and processing, and transportation and storage businesses. In 2006, he was named president and chief operating officer of ONEOK Partners, the master limited partnership that contains the midstream natural gas and natural gas liquids businesses. He was elected chief executive officer of ONEOK and president and chief executive officer of ONEOK Partners in January 2007, becoming chairman of ONEOK Partners later that year. In January 2010, he became president of ONEOK; and in May 2011, he became chairman.
Click here for Throwback Talks
ENERGY INFLUENCER sponsored by BCK9 Services: Trisha Curtis, President and CEO, PetroNerds
The Fed interest rate decision and Jerome Powell’s speech tomorrow has the market anxious and volatile. Stocks are down and oil prices are sitting below $82/barrel.
Starbucks was down 10 percent as traffic into stores declined in the U.S. and sales declined further in China. Starbucks is an expensive treat for most people and a discretionary spending item that could be a tell tell for a weaker consumer smacked by inflation at the grocery store, rising electricity prices and utility bills, and rising gasoline prices.
Three hotter than excepted inflation reads this year has put the Fed in the hot seat. Powell needs to roll back his dovish talk and tell the street clearly they are not cutting rates anytime soon.
A chipotle salad, from Chipotle, apparently costs $36 in California after minimum wage hikes went through (heard on Bloomberg Surveillance).
Housing prices are increasing, not decreasing, despite nearly 8 percent mortgages. Recent buyers might have been hoping to refinance with a bet the Fed would lower rates soon….risky bet.
Houthis continue to attack ships with any linkage to Israel or countries that support Israel. Chinese and Russian ships are excluded in these assaults. Shipments continue to be rerouted around Africa instead of through the Red Sea, driving up shipping costs, fuel costs, and overall adding risk and inflationary pressure to the movement of goods.
Click here for entire commentary
EMERGING ENERGIES sponsored by The Carbon Conversation: U.S. Energy-Related CO2 Emissions Decreased by 3% in 2023
Based on analysis in the most recent U.S. Energy-Related Carbon Dioxide Emissions report, U.S. energy-related CO2 emissions decreased by 3%, about 134 million metric tons (MMmt), in 2023.
According to the U.S. Energy Information Administration (EIA), more than 80% of the emissions reductions occurred in the electric power sector, caused largely by decreased coal-fired electricity generation, displaced by increased generation from solar and natural gas. Electric power sector emissions decreased to about 1,425 MMmt in 2023, about 7% less than in 2022.
Over 80% of the emissions reductions occurred in the electric power sector, caused largely by decreased coal-fired electricity generation, which was displaced by increased generation from solar and natural gas. Electric power sector emissions decreased to about 1,425 MMmt in 2023, about 7% less than in 2022.
SHARE YOUR SUSTAINABLE STORY sponsored by The Industrial Forest: Montana Company Lands DOE Grant for Carbon Management
A tech company based in Missoula landed a share of an $8 million federal grant on Friday from the U.S. Department of Energy to advance carbon capture technologies in the nation's pursuit of net-zero carbon emissions by 2050.
CLEARAS Water Recover Inc. will receive $1 million in funding, according to the Office of Fossil Energy and Carbon Management. It's one of 14 projects selected nationally to advance new technologies capable of capturing carbon from industrial facilities and power plants, and convert the emissions into valuable products.
ENERGY EVENTS sponsored by Witting Partners: World Hydrogen Forum 2024
The World Hydrogen Show is a global expo and conference scheduled to take place from 21-22 May at Dhahran Expo, Dammam, KSA. It is dedicated to the advancements in the hydrogen economy for shaping the future of global energy transition. Taking place in the Kingdom of Saudi Arabia, the World Hydrogen Show aims to accentuate the commercialization of clean hydrogen across the globe and provide an unparalleled platform for key stakeholders to connect with the entire value chain and engage in high-level discussions under one roof.
As the Kingdom of Saudi Arabia diversifies from hydrocarbons towards a net zero economy, the hydrogen transition is becoming a focal point and a key element of its Vision 2030. The show will bring together prominent industry executives, policymakers, and thought leaders from across the world to share their valuable insights on the development of hydrogen-based alternatives and technologies for a sustainable future whilst positioning the Kingdom of Saudi Arabia as the largest hydrogen producer in the world by 2050.
Click here for event information
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Today In Energy: Fed Rates, Carbon Pipelines, Emission Management and Sustainable Stories