The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

ethanol  rfs34  hydraulic-fracturing  natural-gas  blend-wall  lng34  lng-exports  keystone-xl 

Mary Leshper

Mary Schaper
Posted July 25, 2013

Des Moines Register – Iowa Will Have to Import Corn

With increased ethanol obligations and growing livestock operations needing more feed, Iowa – the nation’s “king of corn production” – will have to import kernels to keep up with demand, an analyst tells the newspaper.

Master Resource - Frac Bounty: All Should Participate

Blogger Paul Driessen highlights the benefits of U.S. shale development  – game-changing technologies that have led to job creation and economic boosts across the country. Driessen got a first-hand look at  hydraulic fracturing drilling  in northern Pennsylvania noting the “signs of pride and prosperity were evident all over Williamsport.” Driessen: We need to frack for a better, cleaner, happier world!”

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natural-gas  income  hydraulic-fracturing  regulations  fracking  keystone-xl 

Mary Leshper

Mary Schaper
Posted July 23, 2013

AEI Ideas, Carpe Diem Blog – North Dakota Sees Highest Level of Income Mobility in the U.S. Thanks to Bakken Shale

Blogger Mark J. Perry notes another  benefit of shale development in the Bakken: income mobility. Perry connects economic opportunity in the Bakken region with  a new study showing  a significant geographic correlation between a child’s chances of rising from the  the bottom  quintile by family income to the top  income quintile.

Reuters The Oil Boom's Foreign Policy Dividend

The domestic benefits of the surge in U.S. oil production are well documented, writes Reuters, but the geopolitical benefits are “less well appreciated.” Beginning in 2012, production in the U.S. and Canada grew by nearly 1.3 million barrels per day – outpacing global demand growth. “These developments were critical in allowing the United States to implement new, tougher sanctions in early 2012 that drove year-over-year Iranian crude exports down by nearly 15 percent in the first quarter alone.”

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natural-gas  hydraulic-fracturing  fracking  royalties  water-contamination 

Mary Leshper

Mary Schaper
Posted July 22, 2013

Bloomberg Eagle Ford’s May Oil Production Rose 58 Percent From Previous Year

According to new data from the Texas Railroad Commission, the nine fields that make up the Eagle Ford Shale play yielded nearly 582,000 barrels of crude oil a day in May, compared to nearly 369,000 barrels daily in 2012.

Sun GazetteCity to Use Natural Gas Impact Fee Revenue to Fix Pa. Streets

Thanks to impact fees from hydraulic fracturing in the Marcellus Shale region, Williamsport, Pa. can now invest more than $1 million to repair the city’s roadways, a city official says. "We're doubling the amount of investment because of Marcellus Shale impact fees," said John Grado, city engineer and director of community and economic development. 

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economy  jobs  hydraulic-fracturing  natural-gas 

Mark Green

Mark Green
Posted July 12, 2013

In Colorado’s Weld County, oil and natural gas development is bringing well-paying jobs:

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energy-101  natural-gas  oil34  environment  lng34  renewables  keystone-xl  pipeline  shale 

Mary Leshper

Mary Schaper
Posted July 1, 2013

Energy Outlook - President's Climate Plan Hinges on Natural Gas

President Obama's plan for addressing U.S. greenhouse gas emissions depends heavily on expanded hydraulic fracturing of domestic shale gas resources, writes Geoffrey Styles.

News and Sentinel.comEducational Program Focuses on Oil and Natural Gas Jobs

In an effort to train more workers for the surging shale industry, Ohio’s Washington State Community College hosted an informational session on opportunities for students and workers with an emphasis on filling new positions locally.

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energy-101  security-and-access  eia34  natural-gas 

Mark Green

Mark Green
Posted June 24, 2013

More from last week’s energy conference hosted by the U.S. Energy Information Administration ...

The Big Takeaway: Analysts, statisticians, academics, producers – the U.S. Energy secretary – all acknowledge the unfolding of a significant, American revolution in oil and natural gas production, which is reflected in EIA’s chart showing decreasing U.S. dependence on imported liquids:

US Energy Dependence

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economy  exports  hydraulic-fracturing  innovation  jobs  lng34  natural-gas  renewables  technology 

Mary Leshper

Mary Schaper
Posted June 14, 2013

Fuel Fix BlogReport: Renewables, Natural Gas Should Work Together On the Grid

According to a new report by the Texas Clean Energy Coalition, natural gas and renewables “have a strong complimentary relationship” that is beneficial for providing the energy Americans need every day.

Today in EnergyU.S. Crude Oil Production Could Reach 10M Barrels Per Day By 2040

EIA projects that thanks in large part to increased tight oil production – shale development – domestic production could continue to expand to 10 million barrels per day or higher by 2040.

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arctic  emissions  epa34  marcellus  natural-gas  regulations 

Mary Leshper

Mary Schaper
Posted June 13, 2013

Wall Street JournalU.S. Oil Notches Record Growth

In the latest sign that  the shale revolution is remaking world energy markets,  the WSJ cites BP’s 2012 Statistical Review showing crude production in the U.S. jumped 14 percent last year to 8.9 million barrels a day. (subscription publication).

Pittsburgh Post-Gazette Pennsylvania to See $202.47 Million in Per-Well Fracking Impact Fees

A new Pennsylvania Public Utility Commission report notes that more than $200 million from hydraulic fracturing impact fees will be distributed to local governments across the state. Bradford County in the state's northeast will collect the most at $7.3 million while Washington is second at $4.7 million. Lycoming and Tioga counties follow with $4.4 million each.

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hydraulic-fracturing  manufacturing  natural-gas  technology  oil34 

Mary Leshper

Mary Schaper
Posted June 12, 2013

Fuel Fix BlogU.S. Led World in Oil Growth in 2012

According to a new BP report, U.S. oil production growth,  the largest in the country’s history, helped keep global crude prices from rising sharply. Shale development had the biggest impact on this increase in oil production.

Washington TimesU.S. Gains Global Competition as Shale Revolution Heats Up

While the U.S.  has been “the dominant player in the shale revolution until now,” the newspaper cites new estimates showing that Russia and China have potential to rise in the global market by exploiting their own shale resources.

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hydraulic-fracturing  manufacturing  natural-gas 

Mark Green

Mark Green
Posted June 12, 2013

BusinessInsider.com has an article disparaging oil and natural gas sector employment, as well as the industry’s ability to create new jobs:

… let's look at oil and gas mining. The industry really employs very few people. Less than 200K people are in the oil and gas extraction business. … And on a month over month basis, just 500 or so new jobs were created in May. … So while oil and gas is a big exciting story, it’s not directly a big source of new jobs.

Both points to the more than 6,000 people now working in direct industry jobs that were added from April to May of this year, according to the Bureau of Labor Statistics (BLS).

BusinessInsider.com’s piece is fairly shortsighted, failing to acknowledge what nearly every economist acknowledges – that a business sector’s real employment measure includes direct jobs but also supporting and associated jobs.

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