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CHAPTER 5 AMERICA'S ENERGY CHALLENGE: INITIATIVES AND PARTNERSHIPS ON FEDERAL LANDS
Jurisdiction | United States |
(Feb 2004)
AMERICA'S ENERGY CHALLENGE: INITIATIVES AND PARTNERSHIPS ON FEDERAL LANDS
Land and Minerals Management
Department of the Interior
Washington, D.C.
Topics
• Our Nation's Energy Challenge
• U.S. Domestic Natural Gas Supply
• Beyond Business as Usual: Partnerships in Meeting our Energy Challenge
Our Nation's Energy Challenge
• Energy is foundational to our economy and national security
• It underlies our quality of life
• A growing gap exists between energy consumption and domestic production
• Our energy challenge:
• Ensure access to energy is sufficient to support quality of life for all Americans in a manner that protects the environment and provides reliable, affordable energy
The President's National Energy Policy
• Comprehensive, long-term strategy for America's energy future seeks to reduce our rising dependence on unstable energy supplies by diversifying sources.
• The Policy emphasizes no single solution to achieve the goal of secure affordable, environmentally sound energy supply
• We must all work together in partnership on many fronts
• The Policy addresses four primary means of securing our energy future:
• Conservation
• Increasing domestic supplies of traditional sources
• Alternative and renewable resources
• Developing new energy sources
Fossil Fuels: Our Primary Source of Energy
• Oil and gas are the dominant fuels in the U.S. economy
• The gap between consumption and domestic production is widening
• U.S. will increasingly rely on imports of crude oil and gas from Canada and crude oil and LNG globally
• Natural gas supply is especially critical
Alternative and Renewable Energy
• From 1975-2000 renewables increased to 7% of energy supply. Another 33% increase is anticipated by 2020, but is forecast to still be just 7% of supply
• National Energy Policy encourages development of cleaner, more diverse portfolio of domestic energy supplies
• DOI is evaluating ways to increase the use of biomass:
• National Fire Plan hazardous fuels reduction program could supply organic matter source
• Recent joint BLM/DOE reports...
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- Federal and Indian Oil and Gas Royalty Valuation and Management (FNREL) 2004
- TABLE OF CONTENTS
- ROYALTY VALUATION AND MANAGEMENT 101: A PRIMER (PART A)
- ROYALTY VALUATION AND MANAGEMENT 101: A PRIMER (PART B)FEDERAL AND INDIAN OIL AND GAS ROYALTY AND PRODUCTION REPORTING WHERE WE ARE AND WHERE WE WANT TO BE
- THE EVOLUTION OF MARKET PREMIUMS -- NATURAL GAS
- THE EVOLUTION OF SPOT MARKET PREMIUMS
- SIGNIFICANT JUDICIAL AND ADMINISTRATIsVE CASES FROM 2000-2003AN INDUSTRY PRACTITIONER'S PERSPECTIVE
- FEDERAL AND INDIAN LEASE ROYALTY DECISIONSSIGNIFICANT JUDICIAL AND ADMINISTRATIVE CASES FROM 2000-2003
- CHAPTER 5 AMERICA'S ENERGY CHALLENGE: INITIATIVES AND PARTNERSHIPS ON FEDERAL LANDS
- AN OVERVIEW OF THE FEDERAL MINERAL ROYALTY AUDIT PROCESS
- AN OVERVIEW OF THE FEDERAL MINERAL ROYALTY AUDIT PROCESS - INDIAN TRIBAL AUDIT PROCESS
- AN OVERVIEW OF THE FEDERAL MINERAL ROYALTY AUDIT PROCESS
- THE BUREAU OF LAND MANAGEMENT'S AUTHORITY TO GRANT ROYALTY RELIEF
- CHAPTER 7 PRODUCTION ACCOUNTABILITY: THE STATUTES, REGULATIONS, AND POLICIES BEHIND BLM'S ROLE
- FEDERAL OIL VALUATION: WHERE HAVE WE BEEN?
- FEDERAL OIL VALUATION: WHERE ARE WE NOW?
- STATE OF TEXAS' PERSPECTIVE ON ROYALTY MANAGEMENT AND COLLECTION
- CHAPTER 9 SUBSEA DEVELOPMENTS - MONETARY ADJUSTMENTS
- DEDUCTIBLE TRANSPORTATION AND PROCESSING COSTS: SOME CURRENT AND NOT-SO-CURRENT ISSUES
- TRANSPORTATION & PROCESSING Or Marketability v. Transportation, Hatfields v. McCoys, Liberals v. Conservatives, and Other Well-Settled Controversies
- IMPACT OF MARGINAL PROPERTIES ON CALIFORNIA ROYALTIES
- MARGINAL PROPERTIES: HOW DO YOU SPELL RELIEF? RSFA?
- MARGINAL RELIEF FOR MARGINAL PROPERTIES
- CHAPTER 12 DESIGN AND RATIONALE OF THE FINAL RULE ON ROYALTY RELIEF FOR DEEP GAS PRODUCTION FROM SHALLOW-WATER LEASES IN THE GULF OF MEXICO
- CHAPTER 13 THE FEDERAL RIK PROGRAM: PARTNERSHIPS IN ROYALTY ASSET MANAGEMENTSTATUS, OPERATIONS, LEGISLATION, AND A LOOK TO THE FUTURE
- CHAPTER 14 INDIAN TRUST ISSUES
- CHAPTER 15 WHAT? IT'S STILL BROKE? ROYALTY VALUATION AND REPORTING ISSUES ARISING FROM FEDERAL UNITIZATION AND COMMUNITIZATION AGREEMENTS (TAKES VERSUS ENTITLEMENTS)
- CHAPTER 16 SEARCHING FOR A SQUARE CORNER: A ROYALTY LAWYER'S LOOK AT VALUATION, ETHICS, AND LEGAL ADVICE
- FEDERAL GAS VALUATION - REVISITING AN OLD FRIEND IN A NEW MILLENNIUM 1
- NON-ARM'S-LENGTH GAS VALUATION STANDARDS - REVISION OR THE STATUS QUO?
- WYOMING'S POWDER RIVER BASIN: A CASE STUDY IN FEDERAL ROYALTY VALUATION
- TRANSPORTATION ALLOWANCES AND THE MARKETABLE CONDITION DOCTRINE
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