Posted June 4, 2013
Fox Business – Oil and Natural Gas Industry Readies for Hurricane Season
API’s Rayola Dougher stopped by Fox Business and outlined measures the industry takes to prepare its employees and facilities for the threats posed by hurricanes. “Worker safety is the industry’s top priority,” Dougher said.
CNN Money – U.S. Steps Up Natural Gas Exports
With the Energy Department granting a second liquefied natural gas export license last month, the U.S. might soon see the approval pace quicken on the remaining export applications, CNN reports.
San Francisco Gate – BP Announces Investment Plans After Alaska Oil Tax Change
The company says it will invest another $1 billion for oil production in Alaska over the next five years. BP plans to bring nine drilling rigs to the North Slope, beginning in 2015 thanks to a rollback of taxes on the oil industry signed into law last month by Gov. Sean Parnell.
Foreign Affairs Blog – Build, Baby, Build
The Council on Foreign Affairs’ Jonathan Kay makes the economic and environmental case for approving the Keystone XL pipeline. “One way or another, the products of Alberta’s oil sands will be extracted, moved, and sold,” Kay writes. “It would behoove all concerned if the Keystone XL pipeline were part of the process.”
Wall Street Journal – U.S. Oil Boom Scrambles Mideast Calculus
Government projections show that in September, for the first time in almost two decades, the U.S. will produce more oil than it imports, writes the Journal’s Gerald F. Seib. This is in large part thanks to innovations in drilling technologies like hydraulic fracturing and horizontal drilling.
In a guest post, Daniel Yergin writes that “the biggest innovation so far in the 21st century is shale gas.” Also noteworthy, according to Yergin: U.S. oil production is up almost 45 percent since 2008, and the fastest-growing source of new oil development in the entire world is the United States
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.