The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

exports  federal-lands  hydraulic-fracturing  keystone-xl  lng34  offshore-production  regulations 

Mary Leshper

Mary Schaper
Posted June 18, 2013

Chicago TribuneIllinois Governor Signs Bill to Regulate Fracking

Illinois is one step closer to  hydraulic fracturing after bipartisan legislation regulating the process was signed into law by Gov. Pat Quinn. Lawmakers say they hope the new regulations will encourage the oil and natural gas industry to invest in Illinois, helping to create jobs.

Fuel Fix BlogColleges Plan Training for Gas Drilling Jobs

Two colleges in southern Illinois are getting a jumpstart on possible oil and natural gas development in the state. Southeastern Illinois College and Rend Lake College are planning to provide training programs focused on safety and other areas related to  energy development.

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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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economy  exports  hydraulic-fracturing  innovation  jobs  lng34  natural-gas  renewables  technology 

Mary Leshper

Mary Schaper
Posted June 14, 2013

Fuel Fix BlogReport: Renewables, Natural Gas Should Work Together On the Grid

According to a new report by the Texas Clean Energy Coalition, natural gas and renewables “have a strong complimentary relationship” that is beneficial for providing the energy Americans need every day.

Today in EnergyU.S. Crude Oil Production Could Reach 10M Barrels Per Day By 2040

EIA projects that thanks in large part to increased tight oil production – shale development – domestic production could continue to expand to 10 million barrels per day or higher by 2040.

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arctic  emissions  epa34  marcellus  natural-gas  regulations 

Mary Leshper

Mary Schaper
Posted June 13, 2013

Wall Street JournalU.S. Oil Notches Record Growth

In the latest sign that  the shale revolution is remaking world energy markets,  the WSJ cites BP’s 2012 Statistical Review showing crude production in the U.S. jumped 14 percent last year to 8.9 million barrels a day. (subscription publication).

Pittsburgh Post-Gazette Pennsylvania to See $202.47 Million in Per-Well Fracking Impact Fees

A new Pennsylvania Public Utility Commission report notes that more than $200 million from hydraulic fracturing impact fees will be distributed to local governments across the state. Bradford County in the state's northeast will collect the most at $7.3 million while Washington is second at $4.7 million. Lycoming and Tioga counties follow with $4.4 million each.

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hydraulic-fracturing  manufacturing  natural-gas  technology  oil34 

Mary Leshper

Mary Schaper
Posted June 12, 2013

Fuel Fix BlogU.S. Led World in Oil Growth in 2012

According to a new BP report, U.S. oil production growth,  the largest in the country’s history, helped keep global crude prices from rising sharply. Shale development had the biggest impact on this increase in oil production.

Washington TimesU.S. Gains Global Competition as Shale Revolution Heats Up

While the U.S.  has been “the dominant player in the shale revolution until now,” the newspaper cites new estimates showing that Russia and China have potential to rise in the global market by exploiting their own shale resources.

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fracking  hydraulic-fracturing  marcellus  natural-gas  royalties  oil34 

Mary Leshper

Mary Schaper
Posted June 11, 2013

Pittsburgh Business TimesMarcellus Royalties Rising

The newspaper reports on a study by the Allegheny Institute for Public Policy showing that royalty income paid to land and mineral rights owners in Marcellus Shale play has skyrocketed in recent years, from an estimated $10.9 million in 2008 to  an estimated $731 million last year.

MSN Money Meet the State with America’s Strongest Economy

Thanks to the surge in hydraulic fracturing and shale development in North Dakota, the state’s GDP rose 13.4 percent in 2012 over 2011 to lead the U.S.  Per capita personal income also has soared, doubling since 2000.

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hydraulic-fracturing  natural-gas 

Mary Leshper

Mary Schaper
Posted June 10, 2013

Wall Street JournalFracturing in California

In an editorial, WSJ comments on a bipartisan vote in the state assembly to defeat a ban on hydraulic fracturing: "...about one-third of the active wells now use this innovative drilling process... A moratorium would throw thousands of Californians out of work."  

EIA Today in EnergyShale Oil and Natural Gas Resources Are Globally Abundant

A new EIA report shows that shale resources in the United States and worldwide represent 10 percent of the world's crude oil and 32 percent of the world's technically recoverable natural gas resources.

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hydraulic-fracturing  exports  keystone-xl  regulations  natural-gas  lng34  north-dakota 

Mary Leshper

Mary Schaper
Posted June 7, 2013

CNN MoneyEnergy Helps North Dakota Grow Five Times Faster Than Nation

Propelled by a massive energy surge,  North Dakota’s economy grew  13.4 percent  in 2012, according to Bureau of Economic Analysis figures – nearly three times as fast as Texas, the No. 2 state. The oil and natural gas industry is a big economic driver, as well as manufacturing industries.

National Review OnlineNo More Energy Protectionism

In a guest post, the Heritage Foundation’s Nicolas Loris writes that, “In a free economy, goods and services go to their highest valued use. Natural gas is no different, and it should be treated the same as any other good the U.S. trades around the world.”

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ethanol  exports  fracking  imports  renewable-fuel-standard  trade  regulations  blm34  deficit  oil34 

Mary Leshper

Mary Schaper
Posted June 6, 2013

Bloomberg Crude Output Exceeds Imports for First Time in 16 Years

The surge in U.S. shale development through hydraulic fracturing and horizontal drilling in North Dakota, Oklahoma and Texas has boosted domestic oil production – 7.3 million barrels a day  last week alone – to the highest level since 1986, according to the U.S. Energy Information Administration.

Fuel Fix BlogFeds Give More Time To Study Proposed Drilling Rule

Last month API asked for an additional 90 days to study  BLM’s proposed rule governing hydraulic fracturing. Today, Interior Secretary Sally Jewell said that she would allow an additional 60 days for stakeholders to review the proposed regulations.

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natural-gas  exports  liquefied-natural-gas  oil34 

Mary Leshper

Mary Schaper
Posted June 5, 2013

The HillFueling the Future

Bill Cooper, president of the Center for Liquefied Natural Gas, talked with The Hill about the future of natural gas exports. “This is not the first time the country has argued protectionism versus exports and that kind of thing,” he said. “Historically, if we look back over it, protectionism tends to lead to economic stagnation.”

Dallas Morning NewsU.S. Oil and Natural Gas Investment at 10-year High

An Ernst & Young study released Tuesday found that in 2012 the 50 largest U.S. oil and natural gas companies spent $185.6 billion on domestic exploration and  new production. That represented a 20 percent increase over the previous year and the most in the past 10 years.

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