Posted April 18, 2014
While Maryland isn’t among the country’s leading producers of oil and natural gas, the industry’s employment and economic impact in the state is significant. That impact, as measured by a PwC study:
- 75,400 jobs supported in 2011 (most recent year for which comprehensive data is available), accounting for 2.2 percent of the state’s total employment.
- Nearly 18,000 direct oil and natural gas industry jobs
Posted February 28, 2014
The folks at Energy In Depth have a great video out that captures the key role natural gas is playing in the regeneration of U.S. manufacturing.
It’s fairly simple: Because of available, affordable natural gas U.S. manufacturers are finding it more economical to conduct operations right here at home – producing more, hiring more, contributing more to the economy. As the video depicts, natural gas will help support more than 500,000 new U.S. manufacturing jobs by 2020.
Posted December 19, 2013
More from the U.S. Energy Information Administration’s preview of its 2014 Annual Energy Outlook, released this week. EIA’s projections depict a United States gaining more control of its energy security with increased domestic oil and natural gas production. Let’s zero in on some of the things EIA says about natural gas.
First, domestic natural gas production is skyrocketing, thanks to output from shale.
Posted October 18, 2013
A recent University of Texas poll points up an interesting disconnect in Americans: While more than 80 percent of those surveyed said they support natural gas development, they’re much less enthusiastic about the process that has made possible America’s energy resurgence: hydraulic fracturing. ...
No doubt, this results from misinformation and confusion spread by opponents of natural gas development. By its nature scaremongering attracts attention, and the poll indicates many Americans need more information about the process that has made possible the ongoing U.S. energy renaissance – natural gas and oil. ...
No problem. When it comes to hydraulic fracturing and horizontal drilling – the twinned processes that have unlocked America’s shale energy wealth – facts aren’t in short supply.
Posted October 1, 2013
Jobs, U.S. energy security and regulation are leading the discussion at the North American Gas Forum (NAGF) this week in Washington. The NAGF is a gathering of regional natural gas industry members -- primarily focused on issues that affect the distribution and use of natural gas domestically and globally. Highlights from the two-day meeting:
- Because of vast shale reserves, the U.S. has a chance to be more secure in the future through safe, reliable supplies of North American energy.
ICF International's Kevin Petak predicted the Marcellus Shale Play will become a "juggernaut," producing more than 20 million cubic feet of natural gas per day by 2035. The U.S. Energy Information Administration's Howard Gruenspecht said U.S. natural gas production is expected to outpace domestic consumption and that the U.S. could become a net exporter by 2040.
Posted May 31, 2013
MSN Money – Why Pittsburgh is Becoming a Boomtown
Thanks to its proximity to the Marcellus Shale formation, Pittsburgh is seeing economic and population growth, reports MSN. Pittsburgh's gross domestic product has increased by roughly $10 billion in the past five years as it transitions from manufacturing dependence to a more multifaceted economy.
The post by Myron Brilliant makes the case for free trade and its benefits -- points that are key in the current debate over liquefied natural gas exports.
Jane Van Ryan
Posted April 9, 2010