The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

access  energy-innovation  energy-technology 

Mark Green

Mark Green
Posted May 23, 2013

Great energy conversation this week at Real Clear Politics’ event: Fueling America’s Future. The summit’s two panels featured representatives from all of our energy sectors as well as the issues that will play large roles as policymakers debate the path that will keep our economy fueled and individual lives prospering.

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energy-development  energy-innovation  natural-gas  oil34 

Mark Green

Mark Green
Posted January 24, 2013

As policymakers consider who will be the primary driver of America’s future energy development and innovation – Washington or the private sector – consider:

  • Oil and natural gas supplied 62 percent of the energy America needed in 2011 – and is projected by government to supply nearly 60 percent of U.S. energy demand in 2040.
  • The oil and natural gas industry provided $545 billion to the U.S. economy in 2011.
  • In just unconventional resources (shale and other tight rock), industry is expected to invest more than $5.1 trillion in cumulative capital expenditures by 2035. The industry could add 1.3 million new jobs in this sector by 2020 for a total of 3 million jobs supported – growing to 3.5 million jobs by 2035.

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