Gas prices hit three-year high nationwide – NBC News
"The average gas price in California is $3.61 a gallon, with prices all rising above $3 throughout the entire West Coast. Places like New York, Michigan, and D.C. are approaching the same prices."
Oil
KunstlerCast 303 – Jack Alpert on Unwinding the Human Predicament – Kunstler
"Support this podcast by visiting Jim’s Patreon Page Jack Alpert is director of Stanford Knowledge Integration Lab, a Lab which he started in 1978 at Stanford University. In 1992 the Lab left Stanford and became a non profit research foundation. The research focused on how people gather and proc..."
KunstlerCast 302 – Chris Nedler of Rocky Mountain Institue
"Chris Nelder is a Manager in the Mobility practice at the Rocky Mountain Institute in Boulder, Colorado, where he heads the EV-grid Integration team. Chris has written about energy and investing for more than a decade. He is the author two books on energy and investing, as well as more than 200 articles on energy in publications such as Nature, Scientific American, Slate, The Atlantic, Quartz, Financial Times, Greentech Media, SmartPlanet, and the Economist Intelligence Unit. In his spare time, he hosts the Energy Transition Show podcast. He enjoys bantering with other energy geeks on Twitter at @chrisnelder."
Oil and Gas Lease Sales
The last state oil and gas lease sale was in 2006 for a handful of state forests in Central New York and the Southern Tier. The auction brought in $8.98 million into the state, not including royalties for successfully drilled wells.
Yearly State Leasing Data
"In 2014, NYS Department of Environmental Conservation administered 79 leases on 44,464 acres of state land in Allegany, Cattaraugus, Cayuga, Chautauqua, Chemung, Erie, Ontario, Schuyler, Seneca, and Steuben Counties. There were 237 wells located on and/or unitized with state land associated with 65 of these leases paying production royalties."
"The 44,464 leased acres are unchanged from 2013."
"Revenues from oil and gas leases on state lands totaled $361,568 in 2014, a decrease of $41,072 from 2013. The decrease in leasing revenues paid to the state is attributed primarily to the drop in oil and natural gas prices during 2014. The average price of oil decreased from $98.45/bbl in 2013 to $94.75/bbl in 2014, while the average wellhead price of natural gas decreased from $3.52/mcf in 2013 to $3.34/mcf in 2014."
"Although nearly 59,000 acres of state land have been leased since 1999, only 37 (0.06%) of these acres have been disturbed by well drilling, access road and pipeline construction."