FINAL ORDER AND OPINION GRANTING LONG-TERM MULTI-CONTRACT AUTHORIZATION TO EXPORT LIQUEFIED NATURAL GAS BY VESSEL FROM THE DOMINION COVE POINT LNG TERMINAL IN CALVERT COUNTY, MARYLAND TO NON-FREE TRADE AGREEMENT NATIONS
Researchers at the Office of Fossil Energy’s National Energy Technology Laboratory (NETL) were part of an international team, including the United Nations Environmental Programme (UNEP), that contributed to a newly released report explaining the prospect of gas hydrates as a potential worldwide energy source that can contribute in the transition to the low-carbon energy systems of the future.
President Obama’s FY 2016 budget seeks $842.1 million for the Office of Fossil Energy (FE) to advance technologies related to the reliable, efficient, affordable and environmentally sound use of fossil fuels, implement ongoing federal responsibilities at the Naval Petroleum and Oil Shale Reserves, and manage the Strategic Petroleum Reserve, Northeast Gasoline Supply Reserve and Northeast Home Heating oil Reserve to provide strategic and economic security against disruptions in U.S. petroleum supplies.
Today, the Department of Energy announced the selection of three multiyear, field laboratories and six other multiyear research projects for continued research to promote environmentally prudent development of unconventional oil and natural gas resources.
Natural gas provides numerous benefits to millions of Americans daily, whether it’s being used to heat or air condition homes and businesses, cook meals, or power vehicles. But most people who take advantage of this versatile and important energy resource probably don’t think about the intricate and vital system that exists to bring natural gas from where it is produced to the marketplace where it can be used.
More than 30 years ago, DOE looked into the future and saw the potentially large benefit of developing promising but difficult-to-extract unconventional natural gas resources, particularly those from shale formations. As a result, it began sponsoring research and development (R&D), partnering with industry and academia, and, among other things, invested about $137 million in the Eastern Gas Shale Program between 1978 and 1992.