The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

analysis  illinois  income  energy  crude-oil  exports  pricewaterhousecoopers  revenue  wood-mackenzie 

Reid Porter

Reid Porter
Posted July 28, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Illinois. We started the week with a look at North Dakota. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.

As we can see with Illinois, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

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analysis  maine  energy  infrastructure  income  oil-and-natural-gas-development  regulation  pricewaterhousecoopers  wood-mackenzie 

Reid Porter

Reid Porter
Posted July 20, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Maine. We started our focus on the state level with Virginia on June 29 and information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.

As we can see with Maine, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

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analysis  south-carolina  income  offshore-access  oil-and-natural-gas-development  pricewaterhousecoopers  regulation  energy 

Reid Porter

Reid Porter
Posted July 16, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with South Carolina. We started our focus on the state level with Virginia on June 29 and continued this week with Wisconsin, Connecticut and Delaware. The energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

Information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information will be populated on this map as the series continues. 

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analysis  jack-gerard  energy  government  regulation  hydraulic-fracturing  oil-and-natural-gas  methane-emissions  revenue 

Mark Green

Mark Green
Posted July 2, 2015

A few months ago API President and CEO Jack Gerard explained why America is experiencing an energy revolution:

“We got to this era of energy abundance and global energy leadership because of the entrepreneurial spirit of the private sector, the hard work of the American worker and the unique system of private property and individual rights of the American marketplace.”

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analysis  colorado  energy  income  oil-and-natural-gas-development  regulations  wood-mackenzie 

Reid Porter

Reid Porter
Posted July 1, 2015

The energy choices we make in every state individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added. As we continue our state series focusing on how energy impacts each of the 50 states, today’s data comes from Colorado.

The top-line numbers: 213,100 jobs supported statewide, according to PwC; $25 billion added to the state economy and $14.1 billion contributed to the state’s labor income. All are significant drivers for the state’s economy.

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analysis  energy  development  oil-and-natural-gas-industry  revenues  regulations  taxes  revenue  wood-mackenzie  vote4energy 

Mark Green

Mark Green
Posted June 30, 2015

Wood Mackenzie’s study comparing the effects of pro-development energy policies with those of regulatory-constrained energy policies is really not much of a comparison at all. Pro-development policies would boost U.S. domestic energy supplies and job creation while benefiting American households, the study found. Pro-development policies also would add to economic growth and generate increased revenues for government. Let’s look at those today.

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analysis  ohio  income  oil-and-natural-gas-development  regulations  energy  wood-mackenzie 

Reid Porter

Reid Porter
Posted June 30, 2015

Yesterday we launched a series of posts that, over the next few weeks, will highlight the economic and jobs impact of energy in each of the 50 states. The energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

We started with Virginia. Today: Ohio.

The top-line numbers: 255,100 jobs supported statewide, according to PwC; $28.4 billion added to Ohio’s economy; $12.7 billion contributed to the state’s labor income and nearly 14,000 shale-related business establishments supported across Ohio. All are significant drivers for the state’s economy.

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analysis  virginia  income  oil-and-natural-gas-development  regulations  energy  wood-mackenzie  pricewaterhousecoopers 

Reid Porter

Reid Porter
Posted June 29, 2015

Here on the blog we regularly point to the national economic and job impacts of energy development: 9.8 million jobs supported, and $1.2 trillion in value added to the economy – accounting for 8 percent of our national GDP. Over the next few weeks we want to bring the focus to the state level, highlighting those impacts in each of the 50 states. We’ll start with … Virginia.

The top-line numbers: more than 141,000 jobs supported statewide, according to PwC ; $12.5 billion added to the state economy; $7.2 billion contributed to the state’s labor income. All are significant drivers for the state’s economy.

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alaska  energy  hydraullic-fracturing  security 

Mark Green

Mark Green
Posted June 15, 2015

Last month President Obama defended administration policies on oil and natural gas development after opponents of Arctic drilling criticized a federal agency’s decision to give conditional approval to Shell’s exploratory drilling plans in the Chukchi Sea off Alaska. The president:

Until the U.S. transitions to other fuel “we are going to continue to be using fossil fuels. And when it can be done safely and appropriately, U.S. production of oil and natural gas is important. I would rather us – with all the safeguards and standards that we have – be producing our oil and gas, rather than importing it …

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energy  oil-and-natural-gas-development  access  keystone-xl-pipeline  jack-gerard  economic-benefits 

Mark Green

Mark Green
Posted February 14, 2015

Some time ago the Keystone XL pipeline debate stopped being a discussion of energy infrastructure and whether the privately financed project was in the national interest. Thank Keystone XL’s opponents, who detached the debate from fact and scientific analysis to better serve their purposes.

Keystone XL’s most ardent foes readily acknowledged as much. They said that for them the pipeline was a symbol to be used in pursuit of political power.  As one anti-pipeline activist put it: “The goal is as much about organizing young people around a thing. But you have to have a thing.”

Symbolism over substance, politics over the greater public good? Too often that’s the way it’s played Inside The Beltway. But at some point political power needs to give way to actual power, and public policy should be grounded in our energy reality, not symbolism. It should be fact-based and consider the impacts on the daily lives of real people, not narrow ideological agendas.

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