Posted April 10, 2013
AEI Ideas – Economic Fact of the Day
According to new Bureau of Labor Statistics data, Midland, Texas, has the lowest metro jobless rate in the U.S. at 3.2 percent. What’s different about Midland, asks blogger Mark J. Perry. The town is in the heart of the Permian Basin oil field’s surging shale production – thanks to hydraulic fracturing.
Associated Press – Energy Secretary Nominee Backs Natural Gas ‘Revolution’
The AP recaps the nomination hearing for Ernest Moniz. During the hearing, Moniz noted the “stunning increase in domestic natural gas production” that has led to “reduced carbon emissions and a dramatic expansion of manufacturing and job creation.”
Bloomberg Business Week – Natural Gas Resources Seen at Record in U.S.
The Potential Gas Committee says that recoverable U.S. natural gas resources have reached record levels. Much of the estimated growth came in eastern states like Pennsylvania and Ohio where hydraulic fracturing has “exceeded expectations.”
Reuters – Refineries Sprout in North Dakota
For the first time since 1976, thanks to increased natural gas development through hydraulic fracturing, the U.S. broke ground on a new oil refinery in North Dakota. More good news: three other new refinery proposals are on the table.
Fuel Fix Blog – More Americans Back Fracking for Natural Gas Development
According to a University of Texas poll, 45 percent of Americans support hydraulic fracturing as a means to extract natural gas. The survey also found that 28 percent of respondents believe the U.S. should pursue natural gas exports.
The Lane Report – Shale Gas Boom Offers Opportunities
Affordable, plentiful shale gas is “transforming the U.S. economy” and could potentially create a once-in-a-lifetime energy opportunity for Kentucky, writes Mark Green. The industrial sectors – chemical and manufacturing – are set to benefit the most.
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.