The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

american-energy  manufacturing  jobs  hydraulic-fracturing  fracking  lng-exports  alaska  north-carolina 

Mary Leshper

Mary Schaper
Posted June 5, 2014

The Wall Street Journal (ROBERT PROFUSEK): Since the 1970s, multinational companies regularly relocated manufacturing outside the U.S., chasing what GE’s Jeff Immelt coined “labor arbitrage,” and the conventional wisdom was that U.S. manufacturing was heading to an inexorable death. The conventional wisdom has, however, proven untrue, as so often is the case.

Some of the reasons for the rebirth of manufacturing in the U.S. were the inevitable consequences of the rapid rise in industrialization in emerging market countries–think of the pollution and daily rolling brownouts in India, labor unrest and increased wage and work rule demands in China and unpredictable legal systems in many emerging market countries. But the fundamental factor driving manufacturing back to the U.S. is technology–computers and robots have further eroded the labor arbitrage, and the U.S. is the undeniable global leader in technology and innovation. At the same time, the U.S. is in the midst of an energy boom, itself technology-enabled, producing an enormous cost and reliability advantages. While this particular advantage can be expected to diminish over time, it is real and the catch-up time is likely to be long, as evidenced by China’s inability to date to exploit its own shale gas reserves cost-effectively.

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offshore-access  north-carolina  seismic  economic-growth  oil-and-natural-gas-industry 

Mark Green

Mark Green
Posted May 5, 2014

The waters off states along the Mid-Atlantic coast may hold significant new reserves of oil and natural gas, which is why the federal government should allow safe seismic testing on the outer continental shelf (OCS) there. Determining the resource base would clear the way for leasing, exploration and development that would mean jobs, revenue for government and more energy for America.

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colorado  energy-policy  indiana  new-mexico  new-mexico  north-carolina  ohio  over-regulation  tennessee  texas  waxman-markey-bill 

Jane Van Ryan

Jane Van Ryan
Posted August 25, 2009

It's always interesting to see how politicians use different words to describe the same thing. For example, some members of Congress call the Waxman-Markey bill that narrowly passed in the House an energy bill, while others call it a climate bill. In truth, it is a tax bill that, according to studies, threatens to sharply raise gasoline and diesel fuel costs as well as eliminate millions of jobs.

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cra34  cra-international  energy  energy-policy  energy-tomorrow  energytomorrow  north-carolina  over-regulation  waxman-markey-bill 

Jane Van Ryan

Jane Van Ryan
Posted August 20, 2009

As Energy Citizens are preparing to rally in North Carolina, a new study shows that as many as 87,000 jobs could be wiped out in the state if the House-passed climate bill becomes law. The study also projects that the average North Carolina household would see its purchasing power fall by as much as $840 a year, and the state domestic product would fall by 1.6 percent. The impact on the state's economy could be devastating as tax revenues shrink, taking away much-needed funds for schools, police and fire departments, and hospitals. - See more at: http://energytomorrow.org/blog/author/13/P560#sthash.UHxuF8Q7.dpuf

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