Posted April 2, 2015
Posted July 31, 2014
Houston Chronicle (Editorial): Fracking is more effective than bullets when it comes to containing Russian President Vladimir Putin's Soviet-era ambitions.
Empowered by oil funds and a gas pipeline yoke on Europe, Putin has resuscitated a Cold War ethos of nationalism and expansionism. Yet after the invasion of Crimea and Russian militias seizing sections of eastern Ukraine, it seemed as if Europe's red line was located somewhere a few miles east of the Brandenburg Gate. It took the attack on Malaysia Airlines flight MH17 to finally shock Europe back to reality, where Russia stands as a legitimate threat to a peaceful continent.
These aggressive moves have gained Russia few friends, but as Tsar Alexander III once said, Russia's only allies are its army and its navy. For the 21st century, pipelines should be added to that list. And that is where the United States must focus containment efforts.
Our allies are far too reliant on Russian pipelines to truly oppose Putin's aggression - there's a reason why the new technology sanctions against Russia don't apply to natural gas.
Posted July 30, 2014
The Hill (Rick Manning): Domestic energy production on private or state lands has surged over the past seven years, and this is great news for America. Per barrel oil production has increased 400 percent to an estimated 400 barrels per day in the past six years in what are known as the big three oil fields: Bakken (North Dakota), Permian Basin and Eagle Ford (Texas).
The International Energy Agency (IEA) projects that next year, the United States will surpass Saudi Arabia and Russia to become the world's largest oil producer, and by 2035, the U.S. is projected to have finally achieved the long-promised goal of energy self-sufficiency.
Of course, President Obama has been crowing about this as one of his administration's achievements, which like many of his claims, is far from the truth, as energy production on federal lands has actually declined during his tenure in office.
But this story is not about the federal government's shortcomings in this quest, or even about the environmentalist regulatory attempts to stymie energy development. No, it is about what happens when profit drives very smart people to figure out new ways to accomplish seemingly impossible tasks, and what it means to you and me when they succeed.
Posted April 25, 2014
A couple of the main points in API President and CEO Jack Gerard’s speech to the STEM Solutions National Leadership Conference in Washington this week:
- America’s oil and natural gas industry offers the careers to attract motivated science, technology, engineering and math graduates – and it needs them.
- Industry’s dynamic job-creating ability must be sustained through strategies and policies that allow it to continue to be a global energy leader.
Kudos to U.S. News & World Report for hosting the conference that attracted so many bright young people – including one of the youngest people to visit the North and South Pole and a teen-ager who developed an early detection test for pancreatic cancer. Gerard used the opportunity to underscore the oil and natural gas industry’s need for science and technology workers.
Posted October 23, 2013
Marcellus Shale Gas Growing Faster than Expected
Wall Street Journal: PITTSBURGH — Natural gas production from the Marcellus Shale region is growing faster than expected, according to a new federal report issued Tuesday.
Marcellus production has now reached 12 billion cubic feet a day, the Energy Information Administration report found. That's the energy equivalent of about 2 million barrels of oil a day, and more than six times the 2009 production rate.
For perspective, if the Marcellus Shale region were a country, its natural gas production would rank eighth in the world. The Marcellus now produces more natural gas than Saudi Arabia, and that glut has led to wholesale prices here that are about one-quarter of those in Japan, for example.
Read more: http://on.wsj.com/1cedUYl
Posted September 3, 2013
COLUMN – Your Kids Should Consider Petroleum Engineering
Reuters: Encouraged by some of the highest starting salaries available in any industry, record numbers of students are enrolling in petroleum engineering courses at U.S. universities.
It is part of a broader renaissance in engineering education, which should eventually ease severe skill shortages in the oil and gas sector.
But it will be the end of the decade before these new graduates are the experienced professionals needed to lead teams and make a real difference to exploration, output and refining.
In 2010, 1,295 graduate students enrolled in petroleum engineering courses at U.S. universities, according to the U.S. Department of Education's "Digest of Education Statistics."
Read more: http://reut.rs/15V2jb8
Posted June 19, 2013
Free Enterprise – Energizing Manufacturing
Current North American energy abundance is the result of innovation and private-sector investment, writes FE. “Government policies that restrict development or prevent the market from working effectively may reduce the benefits this energy competitive advantage offers to Americans and to our manufacturing industries.”
Project Syndicate – Frack to the Future
Harvard professor and former Clinton administration economic advisor Jeffrey Frankel argues the environmental benefits of increased natural gas use, noting that “one can virtually prove that shale gas is the major factor behind the fall in US emissions.”
Posted April 26, 2013
CNN Money – America’s Air is Getting Cleaner and Less Costly
Increased natural gas production in the U.S. will be a huge driver in improving air quality, writes CNN Money in a report about improving air quality in the U.S. Also notable: In 2012, for the first time ever, natural gas generated as much electricity as coal, and with energy production surging, this trend is likely to continue.
Owners Carter Stewart and Ken Schlenker say they named Derby entrant “Frac Daddy” as a nod to their energy industry occupations – and hydraulic fracturing. “[We] consider this horse a tribute to the oilfield workers of America,” Stewart says.
Jane Van Ryan
Posted July 30, 2009