The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

jobs  economic-growth  hydraulic-fracturing  trade 

Mary Leshper

Mary Schaper
Posted September 4, 2013

U.S. Energy Lifting Economy More Than Expected

USA Today: Newly found sources of domestic oil and natural gas are having an even bigger impact on the economy than first projected, adding more than $1,200 last year to the discretionary income of the average U.S. family, a new study says.

The explosion in domestic energy production now supports 1.2 million jobs, directly or indirectly, says consulting firm IHS, in a study released Wednesday. That number will grow to 3.3 million by 2020, and new energy's contribution to U.S. families' disposable incomes will hit $2,000 per household per year by 2015, said IHS.

Read more: http://usat.ly/13eFEFC

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engineers  jobs  hydraulic-fracturing  revenue 

Mary Leshper

Mary Schaper
Posted September 3, 2013

COLUMN – Your Kids Should Consider Petroleum Engineering

Reuters: Encouraged by some of the highest starting salaries available in any industry, record numbers of students are enrolling in petroleum engineering courses at U.S. universities.

It is part of a broader renaissance in engineering education, which should eventually ease severe skill shortages in the oil and gas sector.

But it will be the end of the decade before these new graduates are the experienced professionals needed to lead teams and make a real difference to exploration, output and refining.

In 2010, 1,295 graduate students enrolled in petroleum engineering courses at U.S. universities, according to the U.S. Department of Education's "Digest of Education Statistics."

Read more: http://reut.rs/15V2jb8

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jobs  economy  access 

Mark Green

Mark Green
Posted September 3, 2013

It’s good to see a pair of senior White House officials pointing to increases in domestic oil and natural gas production as key factors in an improving U.S. economy. On the White House Blog, Gene Sperling, director of the National Economic Council, and Jason Furman, chairman of the Council of Economic Advisors, write about last week’s upward revision in second-quarter GDP from 1.7 percent to 2.5 percent.

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jobs  economy  economic-growth 

Mark Green

Mark Green
Posted August 30, 2013

Like our “jobs quilt” below? When thinking about the oil and natural gas industry’s contribution to the economy and everyday American life this Labor Day weekend, the 9.8 million jobs supported by the industry come to mind.

The squares in the “quilt” detail industry’s jobs impact in various states – reflecting the fact that the economic lift of oil and natural gas development reaches all 50 states and the District of Columbia, according to a recent PwC report.

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hydraulic-fracturing  jobs  marcellus  water  regulations 

Mary Leshper

Mary Schaper
Posted August 28, 2013

The Infrastructure Supporting America’s Energy Renaissance Begins in Texas

Fuel Fix Blog: While many states throughout the nation struggle to make ends meet, surrounded by economic uncertainty, Texas is booming. Robust investment in the energy industry – from deep-water drilling to above ground production, and everything in between – has allowed the state to succeed despite an inconsistent U.S. economy.

None of this is news to those living in the Lone Star State – and in fact Texas has received a steady stream of national attention for its economic success – however it is worth noting that a key reason for such outstanding growth has been the investment in and development of our nation’s extensive energy infrastructure.

In April 2013 alone, Texas created over 33,000 jobs, which is more than any other state in the country, and nearly one-fifth of all the jobs created in the United States.

Read more: http://bit.ly/1dQjBcL

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hydraulic-fracturing  emissions  jobs 

Mary Leshper

Mary Schaper
Posted August 27, 2013

The Geography of Jobs: Smart Policies Are Good, But Oil Is Better

The Atlantic: If you want to understand how to create jobs -- not just a few at a time, but hundreds of thousands at once -- look to Texas and North Dakota.

Together, these two states account for a little more than 8 percent of the country's population -- about one in 12 people. But they're also responsible for 20 percent of net new jobs since the end of the recession. And, crucially, they account for "more than 100 percent of the increase in U.S. [oil] production since 2009," James Hamilton writes.

The Great Plains have been relatively great throughout the recovery for many reasons -- cheaper land, cheap wages, service sectors insulated from the housing-finance crisis that leveled parts of California, Florida, Arizona, and Nevada -- but energy has helped a lot. 

Read more: http://bit.ly/1823p3p

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jobs  access  economic-growth 

Mark Green

Mark Green
Posted August 22, 2013

National Journal has a couple of interesting offerings this week – an article exploring why Americans don’t seem to care what scientists think about climate, and its Energy Experts Blog question of the week asking what Americans think about energy and climate policy. (API President and CEO Jack Gerard’s response, here.)

A simple observation is that while Americans do think about climate and the role policy could play in affecting climate, they think about other things more.

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jobs  economy 

Mark Green

Mark Green
Posted August 20, 2013

PwC’s recent study showing the oil and natural gas industry supported 9.8 million jobs in 2011 – adding 600,000 jobs in just two years – offers a look at the national economic impact of our industry. A new University of Colorado study shows industry’s contributions in a key energy state.

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keystone-xl  ethanol  rfs34  renewable  jobs 

Mary Leshper

Mary Schaper
Posted August 14, 2013

National Journal Infograph: Field of Pipes

NJ’s Amy Harder writes that “as Washington fights, pipes meant for Keystone XL collect dust.” The graphic provides perspective: More than 200 miles of pipe worth $200 million sitting  in Gascoyne, N.D. waiting on approval of the 1,700-mile pipeline from Alberta, Canada to the U.S. Gulf Coast.

AEI Ideas Carpe Diem Blog– U.S. Oil Output Increased to 24-Year High in Just Two Years

Blogger Mark J. Perry notes a Department of Energy report that found U.S. oil output averaged 7.57 million barrels per day – the highest domestic crude oil output since 1989, and more than 22 percent higher than the same week last year. Perry: “That’s pretty amazing – thanks to advances in drilling technologies, it’s as if we’ve discovered all of Brazil’s vast energy resources right here in America.” 

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jobs  jobs-and-economy  access  oil-and-natural-gas 

Mark Green

Mark Green
Posted August 14, 2013

The U.S. Energy Information Administration reports that oil and natural gas industry employment increased more than 162,000 jobs from the start of 2007 through the end of 2012 – a 40 percent surge. Yeah, that’s a big number. Here’s how big: EIA says total U.S. private sector job growth over the same period was just 1 percent. Hello, White House, jobs calling!

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