Posted April 3, 2013
BBC’s Laura Trevelyan reports on the divide between New York State and Pennsylvania in the hydraulic fracturing debate. Must watch at 2:19: a fourth generation New York landowner talks about the benefits of fracking – and the consequences of not lifting the moratorium.
Free Enterprise – Abundant U.S. Energy Attracts Foreign Companies
Abundant U.S. energy, courtesy of hydraulic fracturing tapping shale oil and natural gas deposits, is attracting manufacturers from Europe and South America, Sean Hackbarth reports. This will translate into jobs and a “much more competitive U.S.”
The Foundry Blog – New EPA Regulations Mean Higher Gas Prices
“The increased stringency of the sulfur regulation in gasoline will add costs to families already struggling to pay at the pump for little environmental benefit. The Tier 2 regulations in place are stringent enough that the costs to Americans for additional EPA regulations will be high and the benefits will be minimal,” writes the Heritage Foundation’s Nicolas Loris.
Wall Street Journal – About Those Tax Breaks for Big Oil …
“A bill sponsored by Rep. Chris Van Hollen, a Democrat from Maryland and ranking member on the House Budget Committee … has inadvertently called attention to the fact that those special tax breaks just for the oil and gas industry don't exist.”
Fox Business – The Golden State’s Fracking Pot of Gold
A new report says hydraulic fracturing could create a half million new jobs in California by 2015 and perhaps 2.5 million by 2020 – as well as an influx of new state tax revenue. Energy development activity would help lower the state’s unemployment rate, now trending at 10 percent.
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.