Energy Today – August 5, 2013

Mary Schaper
Posted August 5, 2013

Philly.com – Natural Gas Surge a Blessing for Pa.

The Marcellus Shale has the potential to provide a quarter of America's natural gas by 2020, writes Kevin Colosimo. Another bonus of shale development in the state: Jobs. Thanks to hydraulic fracturing in the Marcellus, the oil and natural gas industry has hired more than 150,000 new employees in the past three years – three-quarters of them Pennsylvania residents.

Fuel Fix Blog – Energy Rigs in U.S. Cap Longest Streak of Gains in Two Years

Baker Hughes’ national oil and natural gas rig count reached 1,782, the most since December. The resurgence in energy production helped the U.S. meet 87 percent of its energy needs in the first four months of 2013, on pace to be the highest annual rate since 1985, notes the blog. A large portion of this increase is thanks to hydraulic fracturing and shale development in the Marcellus Shale play.

USA Today – The 10 Most Oil-Rich States

USA Today has a list of the 10 states which accounted for roughly 94 percent of all onshore U.S. oil and natural gas reserves as of the end of 2011. Roughly one-third of this in Texas alone — just over 7 billion barrels.

Houston Chronicle – Oil and Natural Gas Bounty Will Keep On Giving, Study Says

The bonanza of energy loosed by advances in U.S. oil and gas technology appears poised to boost the industry and broader economy for years to come - a likelihood underscored by statistics in two separate consultants' reports, notes the paper.

Western Center for Journalism – The Road to Freedom is Paved with Shale

WCJ notes America’s shale revolution has “jump-started the economy” and is “fueling freedom around the globe,” due to increased hydraulic fracturing across the U.S.