The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

american-energy  fracking  ethanol  rfs34  colorado  new-york  exports 

Mary Leshper

Mary Schaper
Posted March 6, 2015

Denver Business Journal: Colorado posted a new record for oil production in 2014, with more than 82.8 million barrels of crude oil pumped from the ground — about 85 percent of it from Weld County oil and natural gas wells, according to a Denver Business Journal analysis of figures posted on the Colorado Oil and Gas Conservation Commission (COGCC) website. The state, along with the nation, has ridden a boom in oil development and production in the last few years.

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american-energy  energy-bills  energy-costs  economy  jobs  gulf  exports  keystone-xl-pipeline 

Mary Leshper

Mary Schaper
Posted March 3, 2015

NY Times: Sometimes, even the supposed experts can lose track of a billion dollars or two. Or, in this case, $100 billion. While few outside of Texas and North Dakota are complaining about this huge savings that consumers have enjoyed since energy prices began falling last summer, economists have been stumped recently trying to figure out exactly what consumers are doing with the windfall.

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keystone-xl-pipeline  american-energy  economy  jobs  energy-security  canadian-oil-sands  emissions 

Mark Green

Mark Green
Posted February 27, 2015

President Obama, in an interview with a North Dakota television station, explaining why he continues to delay the Keystone XL pipeline:

“Part of the reason North Dakota has done so well is because we've very much been promoting domestic U.S. energy use. I've already said I'm happy to look at increasing pipeline production for U.S. oil. But Keystone is for Canadian oil. Sending it down to the Gulf. It bypasses the U.S., it estimated to create 250, maybe, 300 permanent jobs. We should be focusing on American infrastructure for American jobs for American producers, and that's something we very much support.”

In the span of just six sentences, the president contradicts expert analysis of Keystone XL’s jobs and market impacts at least four times – about once for each breath.

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american-energy  regulation  fracking  texas  ohio  pipelines 

Mary Leshper

Mary Schaper
Posted February 26, 2015

The Daily Signal: Although the White House Council of Economic Advisers’ annual report to Congress largely restates the President’s State of the Union address on “middle-class economics,” it includes a welcome suggestion. This glimmer of hope is a lone, but surprising sentence in the report’s energy chapter: “The regulatory structure for addressing local environmental concerns, especially around land and water use [for hydraulic fracturing operations], exists primarily at the State and local level.” If the Obama Administration were to take the advice, it would mark a positive step in the right direction after years of moving in the opposite direction.

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american-energy  policy  exports  lng34  keystone-xl-pipeline  fracking 

Mary Leshper

Mary Schaper
Posted February 24, 2015

Houston Chronicle (excerpt): Putin tips his hand with this dedicated focus on fracking, revealing just how much of a threat alternative energy sources pose to his control in Europe. "Energy is the most effective weapon today of the Russian Federation," Victor Ponta, the Romanian prime minister told the New York Times last year. "Much more effective than aircraft and tanks." This is the game that the United States can win if we choose to play. Exporting oil and gas poses one of the best opportunities to strengthen our allies in NATO and the European Union. The former Soviet Union provides more than 40 percent of Europe's oil. Russia has nearly exclusive control over natural gas supplies to the Baltic nations, which the United States has a duty to protect under the NATO charter. This level of control leaves our allies vulnerable to price shocks and supply cuts at the whim of an expansionist oligarch. Yet U.S. crude is still restricted by a 1970s-era export ban and the federal government drags its feet on approving liquified natural gas exports.

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american-energy  economy  energy-security  environment  jobs  new-york  pennsylvania  fracking  alaska  arctic 

Mary Leshper

Mary Schaper
Posted February 20, 2015

EIA Today in Energy: Working natural gas in storage has surpassed five-year average levels for the first time in more than a year. At 2,157 billion cubic feet (Bcf) as of February 13, stocks are 58 Bcf greater than the five-year average. Recent extremely cold weather may result in high stock withdrawals for the week ending February 20, which could again push stocks below their five-year average. However, natural gas production in February and March that is forecast to average 5 Bcf/day above the year-ago level is likely to contribute to healthy inventories and moderate prices as the nation moves from winter into spring.

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american-energy  innovation  technology  fracking  methane  keystone-xl-pipeline  anwr  arctic 

Mary Leshper

Mary Schaper
Posted February 19, 2015

TribLive: Mud makes it all possible. “Every component on that rig has something to do with that mud,” said Andrew Zeni, rig supervisor for Consol Energy Inc. “You couldn't drill a Marcellus or Utica well without mud.” This rather unsophisticated-looking brown sludge is a multipurpose tool carefully concocted, mixed and managed to clear a path for gas to surface from 7,500 feet below.

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economy  energy-security  american-energy  fracking  ohio  colorado  arctic 

Mary Leshper

Mary Schaper
Posted February 18, 2015

NPR: Drilling companies in Pennsylvania have broken yet another record, as shale gas production jumped 30 percent last year, according to new data released by the state Department of Environmental Protection. Marcellus Shale drillers produced more than 2 trillion cubic feet of gas in the second half of 2014. Throughout all of last year, they produced 4 trillion cubic feet– or about 16 percent of what the entire United States consumes on an annual basis.

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imports  crude-oil  ethanol  energy-security  renewable-fuel-standard  american-energy  economy 

Mark Green

Mark Green
Posted February 18, 2015

Falling crude oil imports is a good-news story for the United States – indicative of greater U.S. energy self-sufficiency, resulting in less dependency on others and increased American energy security in the world. According to the U.S. Energy Information Administration (EIA), net imports of crude fell by more than 2.7 million barrels per day (bbl/d) from 2008 to 2014:

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american-energy  policy  growth  methane-emissions  keystone-xl-pipeline  taxes  fracking 

Mary Leshper

Mary Schaper
Posted February 13, 2015

EIA Today in Energy: The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing commercial volumes of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil). The United States is by far the dominant producer of both shale gas and tight oil. Canada is the only other country to produce both shale gas and tight oil. China produces some small volumes of shale gas, while Argentina produces some small volumes of tight oil. While hydraulic fracturing techniques have been used to produce natural gas and tight oil in Australia and Russia, the volumes produced did not come from low-permeability shale formations.

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