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
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.
Posted August 20, 2013
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.”
Posted August 14, 2013
Posted August 13, 2013
API’s latest ad on the Keystone XL underscores the project’s support across the political spectrum – from Clinton I to Bush 43 - a jobs plan that brings everyone together.
Posted August 8, 2013
President Obama spent some of his time with Jay Leno on Tuesday night talking about infrastructure jobs and creating opportunity for U.S. workers:
“Middle-class families are still struggling to make sure they can pay for their kids’ college education, they’re still concerned about whether they can retire, and what Washington should be thinking about every single day is how do we make sure we’ve got an economy where, if folks work hard, they find a good job that pays a decent wage, they can send their kids to college, they’ve got health care they can count on, they’re retiring even if they don’t get rich, and we’re creating these ladders of opportunities for people to get into the middle class.”
Posted August 8, 2013
EIA – Today in Energy – Oil and Natural Gas Industry Employment Growing Faster than Private Sector
The U.S. Energy Information Administration reports that from the start of 2007 through the end of 2012, oil and natural gas employment increased 40 percent (more than 162,000 jobs) – compared to 1 percent growth in the total U.S. private sector over the same period.
Posted August 6, 2013
U.S. News & World Report – 'Game Changers' for Job Creation
The National Taxpayer Union’s Pete Sepp notes a recent study indicating the top catalyst for U.S. job creation is oil and natural gas production, particularly from shale development. Sepp outlines the benefits in the study, including adding $690 billion a year to U.S. GDP and creating up to 1.7 million new jobs by 2020.
Posted August 5, 2013
Philly.com – Natural Gas Surge a Blessing for Pa.
The Marcellus Shale has the potential to provide a quarter of America's natural gas by 2020, writes Kevin Colosimo. Another bonus of shale development in the state: Jobs. Thanks to hydraulic fracturing in the Marcellus, the oil and natural gas industry has hired more than 150,000 new employees in the past three years – three-quarters of them Pennsylvania residents.
Fuel Fix Blog – Energy Rigs in U.S. Cap Longest Streak of Gains in Two Years
Baker Hughes’ national oil and natural gas rig count reached 1,782, the most since December. The resurgence in energy production helped the U.S. meet 87 percent of its energy needs in the first four months of 2013, on pace to be the highest annual rate since 1985, notes the blog. A large portion of this increase is thanks to hydraulic fracturing and shale development in the Marcellus Shale play.