Posted June 7, 2013
Propelled by a massive energy surge, North Dakota’s economy grew 13.4 percent in 2012, according to Bureau of Economic Analysis figures – nearly three times as fast as Texas, the No. 2 state. The oil and natural gas industry is a big economic driver, as well as manufacturing industries.
National Review Online – No More Energy Protectionism
In a guest post, the Heritage Foundation’s Nicolas Loris writes that, “In a free economy, goods and services go to their highest valued use. Natural gas is no different, and it should be treated the same as any other good the U.S. trades around the world.”
Radio Free Europe – An Interview with Daniel Yergin
The IHS CERA chairman notes that the U.S. oil surge has created more energy options and has strengthened U.S. energy security. Yergin says shale natural gas has gone from 2 percent of U.S. supply a decade ago to 40 percent today – thanks to increased hydraulic fracturing.
While the Obama administration continues to delay a decision on the Keystone XL pipeline, Canadian Prime Minister Stephen Harper looks for other ways to move the country’s oil sands – including a pipeline that would take crude from Alberta to the country’s eastern provinces.
Fuel Fix Blog – Weighing the Prospects of LNG Exports
Fuel Fix has a commentary article highlighting the global impacts of U.S. natural gas exports, as well as the economic benefits for America. “Economic growth is positively correlated with LNG export growth,” writes Matt Smith, “while job growth should be significant due to increased demand for materials and equipment.”
The Union – Sensible Regulation the Way to Go with Fracking
Contributor Thomas Elias writes of California oil production that “oil wells and healthy people have coexisted for almost a century in places like Los Angeles and Beverly Hills. Why not also in the Coast Range and the Central Valley?”
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.