The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

news  shale-energy  hydraulic-fracturing  fracking  economic-growth  energy-exports  opec  north-dakota 

Mark Green

Mark Green
Posted June 11, 2015

NPR There's a serious problem in the American economy: Big corporations are doing well, but real household income for average Americans has been falling over the past decade — down 9 percent, according to census data.

"That's not good for America," says Harvard economist Michael Porter. "That's not good for America's standard of living. That's not good for our ultimate vitality as a nation."

That's why Porter's excited about the deep reserves of natural gas and oil that have been made accessible by hydraulic fracturing technology, or fracking — a boon he examines in detail in a new report.

"It is a game changer," Porter says. "We have estimated that already, this is generating a substantial part of our GDP in America. It's at least as big as the state of Ohio. We've added a whole new major state, top-10 state, to our economy."

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regulation  ozone  opec  oil-markets  liquefied-natural-gas  energy-exports  offshore-leasing 

Mark Green

Mark Green
Posted March 18, 2015

The Hill: Business groups are waging war on the Obama administration’s proposal to reduce ozone pollution, arguing the regulations would cripple the U.S. economy.

In order to comply with the proposed rule, many areas of the country would have to all but shut down land development and oil and natural gas drilling, industry groups charged on the final day for comments.

The Environmental Protection Agency (EPA) is being spurred on by greens and health groups, who argue that lower ozone emissions would benefit public health. The agency, they contend, is obligated to adopt the stricter standards.

But the rules would translate to higher electric bills for American families, the American Coalition for Clean Coal Electricity is said in comments it filed Tuesday.

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crude-oil  energy-information-administration  energy-prices  fuel-prices  gas-prices  gasoline-prices  heating-oil  oil-prices  opec  prices  heating-fuels 

Jane Van Ryan

Jane Van Ryan
Posted December 7, 2010

Energy prices are on the minds of many Americans today. As we've reported, gasoline prices have increased recently, and now an Arctic air mass is bringing unusually cold temperature to the East Coast, from Maine to Florida, increasing the demand for heating fuels. If you're wondering how the weather and other factors might influence the price of fuels in the next few weeks, here's some information that might be helpful. 

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crude-oil  demand  diesel  energy  energy-reality  opec  supply 

Jane Van Ryan

Jane Van Ryan
Posted July 16, 2009

If you're looking for an indicator that describes the current economy, look no further than API's oil demand and supply statistics. API reported today that U.S. petroleum deliveries--a key measure of demand--in the first six months of 2009 fell to its lowest level for the time period in more than a decade. 

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