Posted July 15, 2016
When approximately 4,700 delegates and alternates gather in Cleveland next week for the Republican National Convention, energy will play a major role – powering the Quicken Loans Arena, transporting delegates and support staff to and from “The Q,” running television broadcast equipment, cooking food, supporting high-tech communications and much more.
Think about energy’s role this way: Without modern energy supplied by oil and natural gas, the event would bear a strong resemblance to the GOP’s 1860 convention, when Abraham Lincoln was nominated at the Wigwam in Chicago.
Posted July 1, 2013
Energy Outlook - President's Climate Plan Hinges on Natural Gas
President Obama's plan for addressing U.S. greenhouse gas emissions depends heavily on expanded hydraulic fracturing of domestic shale gas resources, writes Geoffrey Styles.
News and Sentinel.com – Educational Program Focuses on Oil and Natural Gas Jobs
In an effort to train more workers for the surging shale industry, Ohio’s Washington State Community College hosted an informational session on opportunities for students and workers with an emphasis on filling new positions locally.
Posted June 25, 2013
Wall Street Journal - Texas' Next Big Oil Rush
Refineries in Texas are seeing a much-needed boost as pipelines begin to carry landlocked crude oil from U.S. shale plays to the Gulf Coast. This increase in domestic crude oil is due to increased hydraulic fracturing and shale development across the country. (Subscription publication)
USA Today – Report: Oil Sands No More Corrosive Than Average Crude
A new report from the National Research Council found “no evidence … that Alberta’s pipeline contents are more corrosive than average crude oil.”
Posted June 14, 2013
The energy stimulus from shale development last year in Pennsylvania is big – big as in approaching a number with nine zeroes:
- $202.4 million collected in state impact fees from energy producers.
- $731 million in rents and royalties paid to land and mineral rights owners.
That’s nearly $1 billion from the oil and natural gas industry in terms of tax revenues for government to allocate (more below) and payments to individuals.
Pennsylvania officials announced this week $202,472,000 was collected in producer-paid impact fees in 2012. About $204 million was collected for 2011, bringing the two-year total to more than $406.6 million, state officials said. Public Utility Commission Chairman Robert F. Powelson:
“The PUC is entrusted by the Governor and the legislature with the collection and distribution of the Impact Fee monies. Again, we have met all of the deadlines in the legislation, which contains a complex and specific formula for getting this money into the hands of local communities.”
Posted February 8, 2013
Quick facts about the Keystone XL pipeline project and Canada’s oil sands resources:
• Construction of the Keystone XL would generate 20,000 jobs during that phase, according to builder TransCanada.
• Oil sands development associated with the Keystone XL could support 117,000 new U.S. jobs by 2035, according to the Canadian Energy Research Institute (CERI).
• New oil sands development could support more than 500,000 additional U.S. jobs by 2035 (CERI).
• $20 billion could be injected into the U.S. economy by the full Keystone XL project, which would pay more than $5 billion in taxes to local counties over its life.