Petroleum Infrastructure Environmental Performance Report

Author : National Petroleum Council
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.7/5 (116 download)

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Download or read book Dynamic Delivery - Report Summary written by National Petroleum Council and published by . This book was released on 2021-02-23 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. energy landscape has undergone dramatic changes in the past decade. The United States has recently become the world's largest oil and natural gas producing country, which expands opportunities for exporting crude oil, natural gas, natural gas liquids, and refined products. America's vast energy resources and the infrastructure to deliver them to market are vital to the nation's economy and energy security. Dynamic Delivery, in its analysis through 2040, finds that public and private investment in new and existing pipelines, ports, rail facilities, and inland waterways will be essential in connecting America's abundant energy supplies with domestic and global demand. Even in energy outlooks with low carbon scenarios, new infrastructure is necessary to meet domestic energy needs. Project uncertainty caused by regulations and litigation are creating bottlenecks to energy delivery in some regions. Addressing climate change and creating greater regulatory certainty are critical to ensuring cost-effective and reliable energy supplies for consumers. The report also recommends regulations that enable new technology and will improve safety and environmental performance. The report is presented in a Summary Volume that includes the transmittal letter to the Secretary of Energy, the preface, and the executive summary, which presents the high-level findings and recommendations, along with a brief discussion of the supporting analyses. The 576-page full report is also available through a separate Amazon page and includes this Report Summary along with four detailed chapters. Both volumes are also available in digital form online at the study's website (dynamicdelivery.npc.org). The National Petroleum Council (NPC), a federally chartered and privately funded advisory committee, was established by the Secretary of the Interior in 1946 at the request of President Harry S Truman. In 1977, the U.S. Department of Energy was established, and the NPC's functions were transferred to the new Department. The purpose of the NPC is solely to advise, inform, and make recommendations to the Secretary of Energy with respect to any matter relating to oil and natural gas or to the oil and gas industries submitted to it or approved by the Secretary. The NPC does not concern itself with trade practices, nor does it engage in any of the usual trade association activities.