The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

ethanol  rfs34  hydraulic-fracturing  natural-gas  blend-wall  lng34  lng-exports  keystone-xl 

Mary Leshper

Mary Schaper
Posted July 25, 2013

Des Moines Register – Iowa Will Have to Import Corn

With increased ethanol obligations and growing livestock operations needing more feed, Iowa – the nation’s “king of corn production” – will have to import kernels to keep up with demand, an analyst tells the newspaper.

Master Resource - Frac Bounty: All Should Participate

Blogger Paul Driessen highlights the benefits of U.S. shale development  – game-changing technologies that have led to job creation and economic boosts across the country. Driessen got a first-hand look at  hydraulic fracturing drilling  in northern Pennsylvania noting the “signs of pride and prosperity were evident all over Williamsport.” Driessen: We need to frack for a better, cleaner, happier world!”

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ethanol  renewable-fuel-standard  rfs34  hydraulic-fracturing  regulations  alaska  anwr 

Mary Leshper

Mary Schaper
Posted July 24, 2013

National Journal – Ethanol Mandates  Starting to Worry Some Senate Democrats

NJ’s Amy Harder reports that ethanol requirements in the Renewable Fuel Standard are generating pressure on some Democratic senators.  “Mid-Atlantic lawmakers, in particular, are hearing from the poultry industry, which is concerned about rising feedstock prices, and from oil refineries, which are facing increased costs for blending ethanol with gasoline,” writes Harder.

PennLive.comHydraulic Fracturing is Well Regulated

In a letter to the editor, the executive director of the Associated Petroleum Industries of Pennsylvania counters claims by anti-hydraulic fracturing groups and individuals.  “In reality, hydraulic fracturing is rigorously regulated by state agencies and federal laws overseeing oil and natural gas development,” writes Stephanie Wissman. “In addition, strict standards are developed by the oil and natural gas industry in collaboration with specialists who best understand the unique geology and hydrology of their communities.” 

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natural-gas  income  hydraulic-fracturing  regulations  fracking  keystone-xl 

Mary Leshper

Mary Schaper
Posted July 23, 2013

AEI Ideas, Carpe Diem Blog – North Dakota Sees Highest Level of Income Mobility in the U.S. Thanks to Bakken Shale

Blogger Mark J. Perry notes another  benefit of shale development in the Bakken: income mobility. Perry connects economic opportunity in the Bakken region with  a new study showing  a significant geographic correlation between a child’s chances of rising from the  the bottom  quintile by family income to the top  income quintile.

Reuters The Oil Boom's Foreign Policy Dividend

The domestic benefits of the surge in U.S. oil production are well documented, writes Reuters, but the geopolitical benefits are “less well appreciated.” Beginning in 2012, production in the U.S. and Canada grew by nearly 1.3 million barrels per day – outpacing global demand growth. “These developments were critical in allowing the United States to implement new, tougher sanctions in early 2012 that drove year-over-year Iranian crude exports down by nearly 15 percent in the first quarter alone.”

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natural-gas  hydraulic-fracturing  fracking  royalties  water-contamination 

Mary Leshper

Mary Schaper
Posted July 22, 2013

Bloomberg Eagle Ford’s May Oil Production Rose 58 Percent From Previous Year

According to new data from the Texas Railroad Commission, the nine fields that make up the Eagle Ford Shale play yielded nearly 582,000 barrels of crude oil a day in May, compared to nearly 369,000 barrels daily in 2012.

Sun GazetteCity to Use Natural Gas Impact Fee Revenue to Fix Pa. Streets

Thanks to impact fees from hydraulic fracturing in the Marcellus Shale region, Williamsport, Pa. can now invest more than $1 million to repair the city’s roadways, a city official says. "We're doubling the amount of investment because of Marcellus Shale impact fees," said John Grado, city engineer and director of community and economic development. 

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energy-101  jobs  jobs-and-economy  security-and-access  access  taxes 

Mary Leshper

Mary Schaper
Posted July 11, 2013

From time to time, a few politicians get the not-so-bright idea to try to repeal the tax deduction for intangible drilling cost (IDCs). A new study out today from Wood Mackenzie shows what would happen if this cost recovery measure was repealed effective January 1, 2014.

During a conference call with reporters, API’s director of tax and accounting policy Stephen Comstock noted that IDC expenses including wages, fuel, and hauling costs typically represent 70 to 90 percent of the cost of a completed well. Comstock:

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energy-101  environment  fracking  hydraulic-fracturing  renewable-fuel-standard  rfs34  ethanol 

Mary Leshper

Mary Schaper
Posted July 9, 2013

New York Post – Fracking Phobia Fails Yet Again

In a guest post, National Review Online’s Rich Lowry takes issue with a new film’s claims that the EPA is a “tool of the oil and natural gas industry.” It never occurs to anti-fracking crusaders that perhaps the evidence doesn’t back up the anti-fracking hysteria, he writes.

Omaha.com – Ethanol Critics Rev Up Efforts to Repeal RFS Mandate

The news magazine highlights the debate over the Renewable Fuel Standard, which will be the subject of an  upcoming House hearing. “There will be a push in our committee by some, Republicans and Democrats, to do away with the RFS, saying that it's just completely unnecessary today," said Rep. Lee Terry.

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energy-101  hydraullic-fracturing  keystone-xl  oil-sands  shale-benefits  lng34  lng-exports  offshore-development  offshore-access 

Mary Leshper

Mary Schaper
Posted July 8, 2013

Reason - The Top Five Lies About Fracking

 Science writer Ronald Bailey highlights five falsehoods about hydraulic fracturing, from flaming faucets to water contamination. “Over 500,000 gas wells are currently operating in the United States,” Bailey writes. “Most of them manage to avoid blowing up houses, poisoning drinking water, making it hard to breathe, causing cancer...”

 Fuel Fix Blog – Oil to Flow Through Keystone XL’s Southern Leg This Year

 While the northern leg of the pipeline is going on five years waiting on approval from the Obama administration, the southern portion of the project is nearing completion. By the end of the year, the pipeline is expected to carry up to 700,000 barrels of oil per day from Cushing, Okla., to the coast of Texas.

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jobs  jobs-and-economy  economy  safety 

Mary Leshper

Mary Schaper
Posted July 4, 2013

Petroleum products are everywhere – from the time your iPhone alarm rings in the morning to the time you turn off the lights at night, oil and natural gas impacts almost every aspect of life. And it’s not just electronics – from toothpaste to medicines, to clothing to the roof over your head, when you stop to think about it, the oil and natural gas industry is an integral part of the American way of life. 

Oil and natural gas contribute to our health and well-being through a myriad of medicines, medical supplies and health and safety products. Aspirin is synthesized from petroleum byproducts, and advanced medical devices such as heart valves and artificial limbs are made of plastic. Kevlar®, a lightweight fiber that’s five times stronger than steel helps keep our armed forces safe and our police forces protected – and it all began with oil and natural gas.

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energy-101  natural-gas  oil34  environment  lng34  renewables  keystone-xl  pipeline  shale 

Mary Leshper

Mary Schaper
Posted July 1, 2013

Energy Outlook - President's Climate Plan Hinges on Natural Gas

President Obama's plan for addressing U.S. greenhouse gas emissions depends heavily on expanded hydraulic fracturing of domestic shale gas resources, writes Geoffrey Styles.

News and Sentinel.comEducational Program Focuses on Oil and Natural Gas Jobs

In an effort to train more workers for the surging shale industry, Ohio’s Washington State Community College hosted an informational session on opportunities for students and workers with an emphasis on filling new positions locally.

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energy-101  shale  keystone-xl  hydraulic-fracturing  oil34  oil-sands  pipeline  jobs-and-economy  bakken  security-and-access  eagle-ford 

Mary Leshper

Mary Schaper
Posted June 25, 2013

Wall Street Journal - Texas' Next Big Oil Rush

Refineries in Texas are seeing a much-needed boost as pipelines begin to carry landlocked crude oil from U.S. shale plays to the Gulf Coast. This increase in domestic crude oil is due to increased hydraulic fracturing and shale development across the country. (Subscription publication)

USA TodayReport: Oil Sands  No More Corrosive Than Average Crude

A new report from the National Research Council found “no evidence … that Alberta’s pipeline contents are more corrosive than average crude oil.” 

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