The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

hydraulic-fracturing  keystone-xl  natural-gas 

Mary Leshper

Mary Schaper
Posted April 22, 2013

AEI Carpe Diem Blog On Earth Day

Mark Perry writes: “As we observe Earth Day this year, it might be a good time to appreciate the fact that Americans get most of their plentiful, affordable energy directly from the Earth’s ‘natural environment’ in the form of fossil fuels (coal, natural gas, and petroleum).”

The Globe and MailWhat I’d Like to See this Earth Day: More Fracking

“If fracking happens across the world, emissions would likely decline substantially by 2020,” writes Bjorn Lomborg in a guest column. “This Earth Day, we need a dose of realism about real environmental challenges …and the real opportunities that exist for environmental innovation, to make our planet a better place.” (Note: This piece originally appeared in The Australian: http://bit.ly/ZIpmjk)

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emissions  energy  lng-exports  hydraulic-fracturing  natural-gas 

Mary Leshper

Mary Schaper
Posted April 19, 2013

Forbes LNG Exports Would Have Minimal Impact on U.S. Prices

Although some say exporting U.S. natural gas would increase domestic prices, a Deloitte analysis says “the impact domestically is small in terms of upward price movement, and the impact (of exports) on the economy is very large… So exporting should be a good idea.”

Wall Street JournalRise in U.S. Gas production fuels Unexpected Plunge in Emissions

Last year, the paper reports, 30 percent of power in the U.S. came from natural gas, up from 19 percent in 2005, driven by hydraulic fracturing and horizontal drilling that have unlocked large and inexpensive new supplies of the fuel. This increase in natural gas production has helped drop  U.S. CO2 emissions to their lowest level since 1994.

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emissions  ethanol  fracking  natural-gas  new-york  lng34 

Mary Leshper

Mary Schaper
Posted April 17, 2013

Washington TimesIs It Time to End Ethanol Vehicle Fuel mandates?

Steve Goreham recaps the pros and cons in the ethanol, Renewable Fuel Standard debate.

Press ConnectsGuest Viewpoint: NY Can’t Afford to Pass on Natural Gas

In a guest piece, New York resident Bob Tiberio writes that affordable energy “is the lifeblood of our economy and lowers the cost of almost everything we make and use. It drives economic growth and gives the United States a competitive edge in global markets. For most Americans, a high “quality of life” begins with low cost energy, which increasingly means natural gas from shale.”

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fracking  natural-gas  new-york  revenue 

Mark Green

Mark Green
Posted April 17, 2013

You can’t help but feel empathy for New York state residents, struggling with high unemployment and low economic growth. Ads touting the “new” New York’s open-for-business attitude are airing nationally, trying to encourage new start-ups and to convince enterprises from other states to relocate in the Empire State.

Yet, the potential for dynamic economic growth and robust job creation is right under New Yorkers’ feet. The state’s Southern Tier counties sit atop the natural gas-rich Marcellus Shale – the same play that has fostered boom conditions in much of Pennsylvania

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access  co2-emissions  hydraulic-fracturing  natural-gas 

Mark Green

Mark Green
Posted April 16, 2013

A pair of noteworthy items point to the sustainability of America’s shale natural gas revolution – and also its added benefits.

First, the newest biennial report by the Potential Gas Committee (PGC) says the United States has a total future natural gas supply of 2,688 trillion cubic feet (tcf) as of the end of 2012, a significant increase from its 2010 year-end estimate. Details:

  • 2,384 tcf in technically recoverable reserves, including 2,226 tcf from conventional sources, tight sands and carbonates and shales, plus 158 tcf in coalbed reserves. The overall future supply number is the sum of PGC’s technically recoverable figure and the Energy Department’s latest figure for proved reserves (dry gas).
  • Compared to the year-end 2010 estimate, assessed resources increased by 28 percent.
  • The assessment is the highest in PGC’s 48-year history.

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hydraulic-fracturing  fracking  keystone-xl-pipeline  natural-gas  revenue  taxes 

Mary Leshper

Mary Schaper
Posted April 15, 2013

The Hill Energy Taxes Are No Budget Solution

Steve Forbes writes on The Hill’s Congress Blog that higher taxes on the oil and natural gas industry would cost jobs, lower energy production and actually reduce revenue to government over time. He cites a study showing that “a new tax on the industry would sacrifice 170,000 direct and indirect energy jobs by 2014.”

Houston ChronicleIt’s Wrong to Penalize the Oil and Natural Gas Industry

“Singling out our oil and natural gas industry for taxation penalizes producers,” writes the newspaper. “Bad guys? You mean the folks who employ our neighbors in good-paying jobs, contribute mightily to our tax base, civic life and sports and cultural/arts scenes? We don't think so.”

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budget  exports  new-york  hydraulic-fracturing  natural-gas  taxes  oil34  energy-101 

Mary Leshper

Mary Schaper
Posted April 11, 2013

New York Post Gov. Cuomo’s Ugly Message to  Businesses

Gov. Andrew Cuomo likes to declare that New York is “open for business,” but his prolonged refusal to OK hydraulic fracturing sends the opposite message,  John Krohn writes in a guest op-ed.

Rockland County TimesExports Grow Our Economy, Lift Ban on Natural Gas

In an op-ed, Margo Thorning writes that “the United States should capitalize on the comparative advantage it has over other countries with natural gas. In fact, respected economic consulting firm NERA recently analyzed LNG exports for the Energy Department and found that across every market scenario, increased exports would benefit the U.S. economy.”

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fracking  natural-gas  refineries  oil34 

Mary Leshper

Mary Schaper
Posted April 10, 2013

AEI IdeasEconomic Fact of the Day

According to new Bureau of Labor Statistics data, Midland, Texas, has the lowest metro jobless rate in the U.S. at 3.2 percent. What’s different about Midland, asks blogger Mark J. Perry. The town is in the heart of the Permian Basin oil field’s surging shale production – thanks to hydraulic fracturing.

Associated PressEnergy Secretary Nominee Backs Natural Gas ‘Revolution’

The AP recaps the nomination hearing for Ernest Moniz. During the hearing, Moniz noted the “stunning increase in domestic natural gas production” that has led to “reduced carbon emissions and a dramatic expansion of manufacturing and job creation.”

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energy-today  green-energy  hydraulic-fracturing  keystone-xl-pipeline  natural-gas 

Mary Leshper

Mary Schaper
Posted April 9, 2013

Penn EnergyCalifornia City “Goes Green” with Chevron Energy Solutions

Collaborating with Chevron’s Energy Solutions, the City of Patterson is working to improve the city’s sustainability, including solar installations and energy efficiency programs that will reduce costs for consumers.

Wall Street JournalIndia Is Ready for U.S. Natural Gas

There is “significant potential for U.S. exports of LNG to grow exponentially,” writes Nirapama Rao, India’s   ambassador to the U.S. “The prospect of increased Indian investment in the U.S. natural-gas market will usher in a new era for a strong and mutually rewarding India-U.S. energy partnership.” (subscription publication)

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hydraulic-fracturing  manufacturing  natural-gas  regulations  taxes  oil34 

Mary Leshper

Mary Schaper
Posted April 4, 2013

Forbes The Top Five Facts Everyone Should Know About Oil and Natural Gas Exploration

Ryan Carlyle, a subsea hydraulics engineer, writes that oil accounts for one-third of humanity’s energy supply, is unrivaled in power generation and is fundamental to lifting billions of people out of poverty. Fun fact: If solar power generation doubled every decade for 100 years, it would still be pretty far behind oil today.

Wall Street JournalBeware Tax Reform That Raises Taxes on Capital

Of the ongoing congressional debate over tax reform, Margo Thorning writes  that “Investment, growth and job creation should be the cornerstones of any tax-reform effort.”

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