The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

natural-gas  natural-gas-from-shale 

Mary Leshper

Mary Schaper
Posted May 31, 2013

MSN MoneyWhy Pittsburgh is Becoming a Boomtown

Thanks to its proximity to the Marcellus Shale formation, Pittsburgh is seeing economic and population growth, reports MSN. Pittsburgh's gross domestic product has increased by roughly $10 billion in the past five years as it transitions from manufacturing dependence to a more multifaceted economy.

Free EnterpriseShutting Ourselves Off From the Global Economy Won’t Protect American Jobs

The post by Myron Brilliant makes the case for free trade and its benefits -- points that are key in the current debate over liquefied natural gas exports.

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access  drilling  energy  federal-land  natural-gas  regulation 

Mark Green

Mark Green
Posted May 31, 2013

The U.S. Energy Information Administration has a new report that details the decline in sales of oil and natural gas from production on federal lands (2003-2012). Key points:

  • Sales of crude oil from federal lands, onshore and offshore, decreased 5 percent in fiscal year 2012 (ended Sept. 30) to 596 million barrels from 629 million barrels in FY 2011. That includes an 8-percent decrease in offshore volumes, partially offset by an 8-percent increase in much smaller onshore volumes.
  • Natural gas sales from federal lands decreased 7 percent in FY 2012 to 4,262 billion cubic feet (bcf) from 4,584 bcf in FY 2011. Offshore volumes were down 19 percent, while onshore was virtually unchanged.
  • Sales of all fossil fuels produced on federal lands (also including coal and natural gas plant liquids) fell by 4 percent in FY 2012.

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exports  fracking  hydraulic-fracturing  liquefied-natural-gas  natural-gas  manufacturing  haynesville-shale 

Mary Leshper

Mary Schaper
Posted May 29, 2013

The AtlanticHow Houston Became the Most Powerful Job Engine in the Country

Texas is killing it, reports the magazine’s website A new analysis of jobs recovered since the economic downturn finds that the state’s  largest city stands apart as the most powerful job engine in the country – thanks to its ties with the energy industry.

CNN OpinionMake Sure Fracking is Done Right

In a guest post, the Council On Foreign Relations’ Michael Levi writes that “people are right to insist that [hydraulic fracturing] is done safely, but they're wrong if they conclude that it can't be.”

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natural-gas  oil-taxes  fairness  energy-101  industry  taxes 

Mark Green

Mark Green
Posted May 28, 2013

Neat interactive infographic in this weekend’s New York Times Sunday Review, plotting the corporate income tax rates paid by various U.S. companies from 2007-2012 (according S&P Capital IQ):

NYT Taxes

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emissions  fracking  keystone-xl-pipeline  natural-gas 

Mary Leshper

Mary Schaper
Posted May 28, 2013

CNN Money Women Snag Big Chunk of New Oil & Natural Gas Jobs

Nearly half (46 percent) of new oil and natural gas jobs in the first quarter of 2013 were filled by women – a  shift for an industry that is still 80 percent male.

Breaking Energy Everything’s Better with Bakken

Thanks to increased production out of the Bakken shale region, East Coast refineries are making a comeback. BE notes that Phillips 66’s  Bayway plant in New Jersey is  making gains in refining while also housing  a merchant co-generation GE power plant and a DuPont chemical manufacturing operation.

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exports  lng34  natural-gas 

Mark Green

Mark Green
Posted May 24, 2013

Comments on the potential of U.S. natural gas from new Energy Secretary Ernest Moniz, in a video posted to his Facebook page:

“The way I look at it is that this natural gas boom is a boon. First of all, we all know that it is partially responsible for the decrease in CO2 emissions that we have experienced over the last years in the absence of, at least, over-arching legislation. Secondly, what I would argue is that the way to look at it – and, you know, as gas as kind of a bridge to a very low carbon future – is that it affords us a little bit more time to develop the technologies, to lower the costs of the alternative technologies, to get the market penetration of these new technologies.”

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fracking  natural-gas  new-york-shale-gas 

Mark Green

Mark Green
Posted May 22, 2013

You’ve got to wonder if New York Gov. Andrew Cuomo gets tired of his state being compared to other states that are taking forward-looking approaches to energy development – and are seeing job creation and economic growth as a result.

Unfortunately for the governor, that’s what you can expect when you’re keeping significant shale reserves underground – delaying jobs and growth – while other states are realizing both from shale development, states like Pennsylvania, Texas, North Dakota and soon, Illinois. 

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exports  fracking  keystone-xl-pipeline  lng34  natural-gas  taxes 

Mary Leshper

Mary Schaper
Posted May 22, 2013

The Hill’s E2 WireSenators Warned of ‘Narrowing’ Opportunity to Increase Natural Gas Exports

In an ongoing series of hearings focused on American natural gas exports, the Senate Energy Committee heard from panelists on the pending LNG export applications. The president of Sempra LNG noted that “if we wait too long … we will lose the jobs” associated with U.S. LNG projects.

National JournalGraphic: Keystone XL is More Than a Pipeline

The House is set to vote on legislation that would approve construction of the Keystone XL pipeline today. In advance of the vote, NJ has an infographic that details everything from the project’s route size and how much oil it will deliver to its supporters and opponents.

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energy  exports  lng34  natural-gas 

Mark Green

Mark Green
Posted May 21, 2013

Kudos to Senate Energy and Natural Resources Chairman Ron Wyden for a series of hearings on natural gas issues, including Tuesday's on the impacts of exporting liquefied natural gas (LNG). It’s vital that policymakers understand the scope of America’s natural gas wealth – thanks to hydraulic fracturing – so they can make decisions that will let this wealth work for Americans. The export of LNG is a prime example.

Currently, the Energy Department is considering 18 applications for U.S. facilities that would export American LNG to friends and allies overseas. Studied analyses have projected broad job and economic benefits to the U.S. from LNG exports (here and here), with a new report this week dispelling the notion that exports would significantly impact domestic prices. These reports strongly suggest that government should approve the remaining LNG applications and not try to pick winners in the private market.

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liquefied-natural-gas  keystone-xl-pipeline  natural-gas 

Mary Leshper

Mary Schaper
Posted May 21, 2013

Pittsburgh Post-Gazette Number of Women Landing Jobs in Oil, Natural Gas Industry Growing

Good news from the U.S. Bureau of Labor Statistics: Of 3,900 positions added in the oil and natural gas industry nationwide in the first quarter of 2013, almost half or 1,800 were filled by women.

AEI Ideas Carpe Diem BlogThe Most Economically Successful Metropolitan Area in the Country

As a direct result of all the shale oil and natural gas activity in the Permian Basin area of West Texas, the economy of Midland is booming, writes Mark J. Perry. There is also an unprecedented construction surge taking place in the town – building permits in March skyrocketed to 347, which was a 580 percent increase from  a year ago.

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