Posted April 4, 2014
It’s hard to overstate the significance of the role that abundant, clean-burning natural gas had in bringing U.S. energy-related carbon dioxide emissions to a 20-year low in 2012. While the U.S. Energy Information Administration (EIA) expected 2013 emissions to inch up – mostly due to increased coal use in electrical generation – the projected level still would be more than 10 percent below where emissions were in 2005.
While lowering CO2 emissions is talked about in various circles, the fact is the United States already is doing it, thanks largely to natural gas – 60 percent of the U.S. total produced with advanced hydraulic fracturing and horizontal drilling.
Posted March 24, 2014
U.S. Energy Boom May Signal New Export Era
Los Angeles Times: In a Louisiana swamp several miles upriver from the Gulf of Mexico, about 3,000 construction workers are building a massive industrial facility to liquefy natural gas, preparing for a new era when the U.S. will begin exporting energy around the globe.
The $12-billion project is one of the largest single industrial investments in the nation, part of a massive transformation of the energy sector that has led to a boom in drilling, transportation and refining from coast to coast.
Five years ago, the idea of exporting U.S. gas and oil was not only unheard of, but, in the case of most U.S. crude oil, illegal. At that time, the United States was facing a future of dwindling domestic supplies and vulnerability to foreign producers. It was anxiously building facilities to import natural gas, worried about ever-higher prices and building much of its foreign policy on the need to secure energy supplies.
But U.S. energy production has boomed with the technological revolution of hydraulic fracturing, known as fracking, and the ability to tap newly accessible massive reserves. The nation surpassed Russia in 2009 as the largest producer of natural gas and is expected to zip past Saudi Arabia next year to become the largest oil producer in the world.
Now, the U.S. energy industry is pushing for a new era of exports.
Posted November 14, 2013
Earlier this year an ICF International study found that exporting U.S. liquefied natural gas (LNG) would have dramatic national impacts on jobs, economic growth and revenue generation for government. Now a second ICF study shows what the impact of LNG exports would look like on a state-by-state basis. They’re huge:
- LNG exports could contribute as much as $10 billion to $31 billion per state to the economies of natural gas-producing states such as Texas, Louisiana and Pennsylvania by 2035.
- Producing states could see employment gains as high as 60,000 to 155,000 jobs in 2035.
- Non-producing states also will benefit, partly because of the demand for steel, cement, equipment and other goods used in natural gas development. ICF said states including Ohio, California, New York and Illinois will see gains to their economies as high as $2.6 billion to $5 billion per state in 2035.
- In terms of jobs, large manufacturing states like California and Ohio will see gains of 30,000 to 38,000 in 2035, ICF says.
Posted July 15, 2013
The chairman of the Senate’s Energy and Natural Resources Committee says panel lawmakers will vote on proposals he says will be bipartisan. A spokesman for Sen. Lisa Murkowski, the committee’s top Republican, said she is focused on finding ways to improve permitting so that needed pipeline can be built.
Posted July 14, 2011
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Posted June 29, 2011
Posted June 22, 2011