The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

policy  politics  fracking  pennsylvania  ohio  texas 

Mary Leshper

Mary Schaper
Posted August 26, 2014

Times Online (Pennsylvania): Matt Curry moved to Texas for work but kept his treasured Steelers season tickets in the hope he might return someday to western Pennsylvania.

After graduating from Penn State with a degree in petroleum engineering, Curry didn't have much of a choice but to leave. He got a job that required him to travel and "bounced around the United States for a few years," the 43-year-old said recently.

"I eventually settled in Dallas, working for multiple oil and gas companies during my time there," he said. "Around 2008, I began hearing more and more about Marcellus and Range Resources, and I saw the opportunity to move home."

Curry is director of business development at Range Resources in Cecil Township, Washington County. He and his wife, Heather, have three children, ranging in age from 4 months to 5 years old -- "all born in Pittsburgh," said Curry, who is from Lower Burrell, Westmoreland County.

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american-energy  economy  jobs  pennsylvania  exports  gulf-leases  gulf  refinery  keystone-xl-pipeline 

Mary Leshper

Mary Schaper
Posted August 21, 2014

Wall Street Journal: U.S. economic growth accelerated in the second half of 2013 before unexpectedly contracting early this year. But growth late last year was uneven across the nation, with some energy-rich states leading the pack while economies slowed in New England and on the Plains.

 

That’s according to new data released Wednesday by the Commerce Department. The agency already reported gross domestic product for the nation on a quarterly basis and at the state level annuallyNow, it has offered a quarterly breakdown for state-level GDP data through the end of 2013. The data are volatile from quarter to quarter, but allow a finer understanding of the ups and downs in regional economies.

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offshore-production  pennsylvania  fracking  lng-exports  hawaii  american-energy  new-mexico 

Mary Leshper

Mary Schaper
Posted August 20, 2014

The Hill: The oil and gas industry and its allies are pushing the Obama administration to consider offshore drilling everywhere it can grant permits, including the east and west coasts of Alaska.

Offshore producers say safety precautions have improved dramatically since the 2010 Deepwater Horizon oil spill, and argue no areas should be ruled out as the Interior Department considers offshore drilling sites through 2022.

“Decisions on areas to include in the 2017-2022 [outer continental shelf] leasing program will have impacts well into the future,” a coalition of 11 industry groups wrote in comments filed to Interior. “Therefore, we believe that BOEM should fully consider all areas for inclusion in the program and keep as many areas as feasible in the draft proposed program.”

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economy  energy-security  jobs  american-energy  fracking  ohio  pennsylvania 

Mary Leshper

Mary Schaper
Posted August 11, 2014

The Daily Signal: There’s been something of an energy boom taking place in the U.S. over the past few years, and it’s given the American economy a real boost. Now we just need the federal government to get out of the way and open opportunities to freely trade energy, and those benefits will grow substantially.

U.S. coal exports over the past six years are way up, in large part because of the administration’s effort to limit consumption domestically. Domestic production of oil and natural gas is rising fast as well, with producers seeking to export their products to foreign markets.

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energy-security  economy  jobs  american-energy  exports  lng-exports  engineers  pennsylvania  texas 

Mary Leshper

Mary Schaper
Posted July 31, 2014

Houston Chronicle (Editorial): Fracking is more effective than bullets when it comes to containing Russian President Vladimir Putin's Soviet-era ambitions.

 

Empowered by oil funds and a gas pipeline yoke on Europe, Putin has resuscitated a Cold War ethos of nationalism and expansionism. Yet after the invasion of Crimea and Russian militias seizing sections of eastern Ukraine, it seemed as if Europe's red line was located somewhere a few miles east of the Brandenburg Gate. It took the attack on Malaysia Airlines flight MH17 to finally shock Europe back to reality, where Russia stands as a legitimate threat to a peaceful continent.

 

These aggressive moves have gained Russia few friends, but as Tsar Alexander III once said, Russia's only allies are its army and its navy. For the 21st century, pipelines should be added to that list. And that is where the United States must focus containment efforts.

 

Our allies are far too reliant on Russian pipelines to truly oppose Putin's aggression - there's a reason why the new technology sanctions against Russia don't apply to natural gas.

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oil-and-natural-gas-development  texas  north-dakota  emssions  fracking  colorado  pennsylvania  oil-sands  utah 

Mark Green

Mark Green
Posted July 2, 2014

Oil and Gas Journal: Crude oil production in the US during April totaled 8.4 million b/d, with Texas and North Dakota accounting for 4 million b/d, according to data from the US Energy Information Administration's Petroleum Supply Monthly Report.

Texas production reached 3 million b/d for the first time since the late 1970s, more than doubling production in the past 3 years. North Dakota production, meanwhile, surpassed 1 million b/d for the first time in the state’s history, almost tripling its production over the same period.

Crude production volumes in North Dakota and Texas from April 2010 to April 2014 increased at average rates of 37%/year and 28%/year, respectively, compared with 2%/year average growth in the rest of the country.

During that period, North Dakota’s and Texas’s combined share of total US crude production rose to 48% from 26%, as the Gulf of Mexico’s crude production share declined to 17% from 27%.

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american-energy  jobs  economy  pennsylvania  new-york  fracking  hydraulic-fracturing 

Mark Green

Mark Green
Posted April 23, 2014

Earlier this week we focused on the job and economic impacts of energy in New York state, a good story that could be much better if the state would permit safe and responsible development of natural gas from shale. How much better is suggested by the dramatic increases in natural gas production in neighboring Pennsylvania, as depicted in this chart by the U.S. Energy Information Administration:

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texas  pennsylvania  west-virginia  alaska  wyoming  ohio  economy  jobs  lng34 

Mary Leshper

Mary Schaper
Posted April 15, 2014

Reading through the news-clips today one big message stood out: Energy is delivering promise and opportunity for states across the country. American energy is boosting local economies – from creating jobs to providing the energy we need. Take a look at what’s happening in energy in your state:

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american-energy  energy-security  economy  jobs  fracking  texas  oklahoma  pennsylvania 

Mary Leshper

Mary Schaper
Posted March 31, 2014

Over the past few years, the U.S. has witnessed a dramatic turnaround in its energy situation. Thanks largely to a combination of horizontal drilling and hydraulic fracturing, or "fracking," energy producers have been able to tap vast oil and gas deposits buried in deep shale formations. As a result, domestic oil and gas production has surged to multi-decade highs.

This energy boom has yielded tremendous and widespread economic benefits to the United States. A statement from the White House Council of Economic Advisors last year summed it up nicely: "Every barrel of oil or cubic foot of gas that we produce at home instead of importing abroad means more jobs, faster growth, and a lower trade deficit." Let's take a closer look at some of the main ways the energy boom has helped the nation's economy.

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american-energy  carbon-emissions  environment  pennsylvania  hydraulic-fracturing  new-york  lng-exports 

Mary Leshper

Mary Schaper
Posted December 17, 2013

U.S. Energy Outlook: More Oil, More Natural Gas, Less Carbon. Yay America!

Forbes: The federal government’s Energy Information Administration is out today with an early version of its Annual Energy Outlook for 2014. Their headline finding: that the United States will continue to grow less dependent on foreign oil as the miracle of our tight oil boom adds to supply and more efficient vehicles reduce demand. Yay America!

By their reckoning, domestic crude oil production will continue its surge, adding another 800,000 barrels per day in 2014 and about the same in 2015. By 2016 we should reach 9.5 million barrels per day, approaching the historical high of 9.6 million bpd back in 1970.

The boom won’t last forever, and will level off around 2020. But when domestic oil supplies do start slipping, we won’t feel it too much at first, because our vehicles will be using a lot less fuel.

Read more: http://onforb.es/1gEiWP8

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