The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

energy-development  energy-demand  iea34  domestic-energy-development  access  oil-production 

Mark Green

Mark Green
Posted December 3, 2013

International Energy Agency (IEA) Chief Economist Fatih Birol was at CSIS this week, highlighting the organization’s findings in its 2013 World Energy Outlook. The report focuses on global energy demand growth, the future energy mix and the sources of energy. Key takeaways from Birol’s presentation:

  • The United States could become the world’s leading oil producer as early as 2015, two years earlier than IEA projected a year ago, Birol said.
  • About two-thirds of the growth in global energy demand between now and 2035 will come from Asia.
  • U.S. energy production, especially surging natural gas output from shale via hydraulic fracturing, is creating energy cost differentials that make American products more competitive in the global market.

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energy-101  oil-production  natural-gas-drilling 

Mark Green

Mark Green
Posted July 16, 2013

Carpe Diem – North Dakota Sets Another Oil Production Record

Blogger Mark Perry comments on the latest oil production figures from North Dakota: 810,314 barrels per day in May – the 10th month in a row the state as pumped more than 700,000 bpd. Production increased almost 26 percent over May 2012, thanks to booming production from the Bakken shale.

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exports  oil-production  hydraulic-fracturing  lng-exports 

Mary Leshper

Mary Schaper
Posted June 17, 2013

Washington PostWhy We Should Speed U.S. Gas Exports

In an op-ed for the Post, U.S. Sen. John Barrasso of Wyoming writes that the United States has a rare opportunity through natural gas exports to simultaneously create jobs, strengthen our foreign policy hand and help allies abroad. “Make no mistake: Our allies need energy to grow,” he writes. “If the United States does not supply that energy, someone else will.”

The TelegraphU.S. Having Real Energy Revolution with Oil Surge

“Despite disruptions to oil supply in Africa and parts of the Middle East, rising US output ensured that global oil production continued to grow,” writes Garry White.

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manufacturing  imports  domestic-energy  oil-production  trade 

Mark Green

Mark Green
Posted December 26, 2012

The Washington Times has an article that focuses on the connection between increased domestic energy production, a U.S. manufacturing resurgence and an improved trade balance

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access  domestic-energy  energy  federal-land  natural-gas  natural-gas-production  oil-production 

Mark Green

Mark Green
Posted October 19, 2012

Lots of discussion this week about energy production from federally controlled areas – onshore and offshore – as a subset of an overall rise in U.S. oil and natural gas output.

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oil-production  federal-onshore-lease  federal-leases 

Mark Green

Mark Green
Posted January 24, 2012

One of the most important things to know about producing oil on federal lands is that it takes time. Lots of it. As this chart developed by API illustrates, it’s up to a decade from the time a lease is won at auction to the first actual production of oil. If you include pre-lease sale studies and evaluation, which have to be done before companies bid on federal leases, that’s a couple more years.

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