The U.S. government manages nearly 30 percent of the country's total territory. Despite the fact that the energy industry leased more than 45 million acres of onshore federal lands in 2009, a new report shows that the industry is not using 21.6 million acres of land under lease for oil production or exploration. The Obama administration is now considering whether millions of acres of federal land in the West should be protected as wild lands. But some state officials believe cuts in royalties from mineral development and delays in the permitting process for public lands that could result from the new protections could have a significant negative economic impact for their states.
The recent pipeline explosion in Northern California that killed 4 and left dozens of homes in ruins has raised concern about the safety of our nation’s natural gas pipeline system and questions about how the industry can be better regulated to prevent future catastrophes.
Demand for electricity is expected to increase 1.1 percent annually through 2030 while demand for oil and other liquid fuels will increase by approximately 10 percent by 2030 and low carbon sources, such as renewable energy, will become more common.