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 Decade: 2000-2009
 Year: 2008
 Collection: Congressional Research Service Reports
Gas Hydrates: Resource and Hazard

Gas Hydrates: Resource and Hazard

Date: November 26, 2008
Creator: Folger, Peter
Description: Solid gas hydrates are a potentially huge resource of natural gas for the United States. The U.S. Geological Survey estimated that there are about 85 trillion cubic feet (TCF) of technically recoverable gas hydrates in northern Alaska. Gas hydrates are both a potential resource and a risk, representing a significant hazard to conventional oil and gas drilling and production operations. This report addresses the issue of cost and method of recovering potential gas hydrates, as well as the advantages and disadvantages of using gas hydrates as a potential energy source. Included is information on the Methane Hydrate Research and Development Act of 2000 and the Energy Policy Act of 2005.
Contributing Partner: UNT Libraries Government Documents Department
The World Bank's Clean Technology Fund (CTF)

The World Bank's Clean Technology Fund (CTF)

Date: November 24, 2008
Creator: Weiss, Martin A. & Logan, Jeffrey
Description: The United States Treasury has led efforts to create a $10 billion Clean Technology Fund (CTF), located at the World Bank, to help fund deployment of clean technology to reduce greenhouse gas emissions in developing economies. The Bush administration has asked Congress to authorize and appropriate U.S. funding of $2 billion over three years (FY2009 to FY2011). While many Members of Congress have expressed support for the CTF, others have raised concerns, primarily with respect to whether the CTF should finance carbon-based energy projects. To date, Congress has not passed legislation authorizing or appropriating U.S. contributions to the Fund.
Contributing Partner: UNT Libraries Government Documents Department
Water Rights Related to Oil Shale Development in the Upper Colorado River Basin

Water Rights Related to Oil Shale Development in the Upper Colorado River Basin

Date: November 18, 2008
Creator: Brougher, Cynthia
Description: Concerns over fluctuating oil prices and declining petroleum production worldwide have revived interest in oil shale as a potential resource. The Energy Policy Act of 2005 (P.L. 109-58) identified oil shale as a strategically important domestic resource and directed the Department of the Interior to promote commercial development. Oil shale development would require significant amounts of water, however, and water supply in the Colorado River Basin, where several oil shale reserves are located, is limited. This report will provide a brief overview of water rights in Colorado, Utah, and Wyoming, including changes that may be made to currently held water rights and the possibility for abandonment of unused water rights.
Contributing Partner: UNT Libraries Government Documents Department
U.S. Trade Deficit and the Impact of Rising Oil Prices

U.S. Trade Deficit and the Impact of Rising Oil Prices

Date: November 13, 2008
Creator: Jackson, James K.
Description: Petroleum prices rose sharply in the first half of 2008, at one time reaching more than $140 per barrel of crude oil. Since July, however, petroleum prices and import volumes have fallen at a historically rapid pace; in November, prices of crude oil fell below $55 per barrel. The fall in the cost of energy imports combined with the drop in import volumes as a result of the slowdown in economic activity has reversed the trend of rising energy imports costs and will sharply reduce the overall costs of U.S. energy imports for the rest of 2008. This report provides an estimate of the initial impact of the rising oil prices on the nation's merchandise trade deficit.
Contributing Partner: UNT Libraries Government Documents Department
Natural Gas Passenger Vehicles: Availability, Cost, and Performance

Natural Gas Passenger Vehicles: Availability, Cost, and Performance

Date: October 20, 2008
Creator: Yacobucci, Brent D.
Description: Higher gasoline prices and concerns over U.S. oil dependence have raised interest in natural gas vehicles (NGVs). Use of NGVs for personal transportation has focused on compressed natural gas (CNG) as an alternative to gasoline. Consumer interest has grown, both for new NGVs as well as for conversions of existing personal vehicles to run on CNG. This report finds that the market for natural gas vehicles will likely remain limited unless the differential between natural gas and gasoline prices remains high in order to offset the higher purchase price for an NGV. Conversions of existing vehicles will also continue to be restricted unless the Clean Air Act (CAA) is amended or if the Environmental Protection Agency (EPA) makes changes to its enforcement of the CAA.
Contributing Partner: UNT Libraries Government Documents Department
U.S. Trade Deficit and the Impact of Rising Oil Prices

U.S. Trade Deficit and the Impact of Rising Oil Prices

Date: October 10, 2008
Creator: Jackson, James K.
Description: Petroleum prices have continued to rise sharply in 2008, at one time reaching more than $140 per barrel of crude oil. At the same time the average monthly volume of imports of energy-related petroleum products has fallen slightly. The combination of sharply rising prices and a slightly lower level of imports of energy-related petroleum products translates into an escalating cost for those imports. The prices of energy imports have been on a steady rise since summer of 2007, defying the pattern of declining energy import prices in the fall. This report provides an estimate of the initial impact of the rising oil prices on the nation's merchandise trade deficit.
Contributing Partner: UNT Libraries Government Documents Department
Issues Affecting Tidal, Wave, and In-Stream Generation Projects

Issues Affecting Tidal, Wave, and In-Stream Generation Projects

Date: October 7, 2008
Creator: Lane, Nic
Description: This report provides an overview of developments and considerations regarding wave, tidal, and in-stream energy generation technology. It summarizes federal involvement in the regulation of this new industry and highlights current issues in the field.
Contributing Partner: UNT Libraries Government Documents Department
Wave, Tidal, and In-Stream Energy Projects: Which Federal Agency Has the Lead?

Wave, Tidal, and In-Stream Energy Projects: Which Federal Agency Has the Lead?

Date: October 7, 2008
Creator: Lane, Nic
Description: Developments in wave, tidal, and in-stream energy generation technologies -- also referred to as hydrokinetic or marine energy -- are beginning to gain momentum. At the same time, their regulatory status is still evolving, as shown by recent changes in law aimed at clarifying hte federal role in ocean wave and renewable energy. Two federal agencies currently appear to have a lead role in offshore renewable energy projects -- the Department of the Interior's Minerals Management Service (MMS) and the Federal Energy Regulatory Commission (FERC).
Contributing Partner: UNT Libraries Government Documents Department
The Low-Income Home Energy Assistance Program (LIHEAP): Program and Funding

The Low-Income Home Energy Assistance Program (LIHEAP): Program and Funding

Date: September 18, 2008
Creator: Perl, Libby
Description: This report describes appropriations of Low-Income Home Energy Assistance program (LIHEAP) funds for FY2008 and FY2007. It also discusses current issues and legislation related to LIHEAP. The report also discusses LIHEAP rules, including household eligibility and how funds may be used, and presents the most recent data available from HHS regarding household characteristics and benefit levels. Finally, the last section discusses how each category of LIHEAP funds is distributed to states, as well as a breakdown of funds to the states during the last several fiscal years.
Contributing Partner: UNT Libraries Government Documents Department
Royalty Relief for U.S. Deepwater Oil and Gas Leases

Royalty Relief for U.S. Deepwater Oil and Gas Leases

Date: September 18, 2008
Creator: Humphries, Marc
Description: The most common incentives for offshore oil and gas development include various forms of royalty relief. The Outer Continental Shelf Lands Act (OCSLA) authorizes the Secretary of the Interior to grant royalty relief to promote increased oil and gas production. The Deep Water Royalty Relief Act of 1995 (DWRRA) expanded the Secretary's royalty relief authority in the Gulf of Mexico outer continental shelf (OCS). This report outlines the ongoing controversy over royalty relief, related legislation, and related court rulings.
Contributing Partner: UNT Libraries Government Documents Department
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