Posted August 8, 2013
President Obama spent some of his time with Jay Leno on Tuesday night talking about infrastructure jobs and creating opportunity for U.S. workers:
“Middle-class families are still struggling to make sure they can pay for their kids’ college education, they’re still concerned about whether they can retire, and what Washington should be thinking about every single day is how do we make sure we’ve got an economy where, if folks work hard, they find a good job that pays a decent wage, they can send their kids to college, they’ve got health care they can count on, they’re retiring even if they don’t get rich, and we’re creating these ladders of opportunities for people to get into the middle class.”
Posted August 8, 2013
EIA – Today in Energy – Oil and Natural Gas Industry Employment Growing Faster than Private Sector
The U.S. Energy Information Administration reports that from the start of 2007 through the end of 2012, oil and natural gas employment increased 40 percent (more than 162,000 jobs) – compared to 1 percent growth in the total U.S. private sector over the same period.
Posted August 6, 2013
U.S. News & World Report – 'Game Changers' for Job Creation
The National Taxpayer Union’s Pete Sepp notes a recent study indicating the top catalyst for U.S. job creation is oil and natural gas production, particularly from shale development. Sepp outlines the benefits in the study, including adding $690 billion a year to U.S. GDP and creating up to 1.7 million new jobs by 2020.
Posted August 5, 2013
Philly.com – Natural Gas Surge a Blessing for Pa.
The Marcellus Shale has the potential to provide a quarter of America's natural gas by 2020, writes Kevin Colosimo. Another bonus of shale development in the state: Jobs. Thanks to hydraulic fracturing in the Marcellus, the oil and natural gas industry has hired more than 150,000 new employees in the past three years – three-quarters of them Pennsylvania residents.
Fuel Fix Blog – Energy Rigs in U.S. Cap Longest Streak of Gains in Two Years
Baker Hughes’ national oil and natural gas rig count reached 1,782, the most since December. The resurgence in energy production helped the U.S. meet 87 percent of its energy needs in the first four months of 2013, on pace to be the highest annual rate since 1985, notes the blog. A large portion of this increase is thanks to hydraulic fracturing and shale development in the Marcellus Shale play.
Posted August 1, 2013
API’s Jack Gerard announced a new PwC study on the economic impacts of the oil and natural gas industry in 2011, the most recent year for which comprehensive data is available.
During a conference call with reports, Gerard noted that in 2011 the industry supported more than 9.8 million jobs – that’s 600,000 more jobs than it supported just two years earlier. Gerard:
“The PwC report confirms what we already know: America’s 21st century energy revolution is driving our resurgent economy.”
Posted July 29, 2013
Below is the first in a series of videos from Williamsport, Pa., where shale development through hydraulic fracturing technologies is bringing benefits to families and to the community. In the first, local business owners talk about the economic boost that the development of energy from shale is bringing to Pennsylvania:
Posted July 29, 2013
Boston Herald – End Ethanol Madness
In an editorial, the Boston Herald notes recent hearings by the House Energy and Commerce Committee on the Renewable Fuel Standard. The paper argues that the “mandate should be ended.”
Dallas Business Journal – Dallas Firm Uses Solar to Power West Texas Oil Rigs
A sign of a true “all-of-the-above” energy policy, one Dallas energy firm is using a solar generator to power oil and natural gas rigs in West Texas. The system has batteries which can store up to 24 hours worth of power.
Posted July 26, 2013
Posted July 19, 2013
Some important fact-telling about the president's proposals to raise energy taxes and why there's a better way to raise revenue for government while also increasing domestic oil and natural gas production.
Posted July 18, 2013
The newspaper reports land on the air force base located on the central California coast could be leased for offshore “slant drilling.” An Air Force spokesman tells the Times: “Initial information obtained by the Air Force indicates there may be potential for new technology slant drilling capable of targeting oil deposits off Vandenberg Air Force Base’s coastline from locations with minimal or mitigable mission/environmental impacts.”