The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

oil-and-natural-gas-development  oil-production  shale-energy  hydraulic-fracturing  arctic  oil-sands  pipeline-construction  offshore-oil-production  safe-operations 

Mark Green

Mark Green
Posted April 6, 2015

MarketWatch:  U.S. oil production is on track to reach an annual all-time high by September of this year, according to Rystad Energy.

If production does indeed top out, then supply levels may soon hit a peak as well. That, in turn, could lead to shrinking supplies.

The oil-and-gas consulting-services firm estimates an average 2015 output of 9.65 million barrels a day will be reached in five months — topping the previous peak annual reading of 9.64 million barrels a day in 1970.

Coincidentally, the nation’s crude inventories stand at a record 471.4 million barrels, based on data from U.S. Energy Information Administration, also going back to the 1970s.

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hydraulic-fracturing  fracking  colorado  safe-operations  oil-and-natural-gas-development 

Mark Green

Mark Green
Posted March 19, 2015

More from petroleum geologist Barbara Pickup in Breckenridge, Colo., featured in an API television ad earlier this year, talking about hydraulic fracturing and the environment.   

In the video below, Pickup talks about her love for the outdoors and environmental roots – and how they’re compatible with safe, responsible energy development using advanced hydraulic fracturing and horizontal drilling.

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ohio  oil-and-natural-gas-development  shale-energy  utica-shale  hydraulic-fracturing  horizontal-drilling  fracking  safe-operations 

Mark Green

Mark Green
Posted March 12, 2015

Ohio is returning to the ranks of the country’s leading energy-producing states – thanks to the Utica Shale and safe hydraulic fracturing and horizontal drilling. We say returning, because Ohio was one of the “cradle” states for U.S. oil production.

This “Back to the Future” aspect of Ohio energy is illustrated on the Energy From Shale website in a new photo gallery that features 19th-century photographs alongside contemporary shots for a fascinating then-and-now portrayal of the state’s oil and natural gas development.

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offshore-development  offshore-access  oil-and-natural-gas  economic-benefits  jack-gerard  outer-continental-shelf  safe-operations 

Mark Green

Mark Green
Posted February 9, 2015

Let’s hope public hearings on the Obama administration’s draft offshore oil and natural gas leasing program – starting this week – help spark serious discussion of how the nation’s offshore energy reserves will be managed in the near future. Needed is greater public awareness of just how limited the administration’s approach is, reflected in a draft plan that simply doesn’t go far enough.

We say public awareness because the administration has been able to foster the perception that it favors more oil and natural gas development and energy infrastructure when, in fact, its policies have done little to support that development (did somebody mention the Keystone XL pipeline?).

In the case of offshore energy development, it’s important to move the administration toward a plan that actually increases access to reserves. The draft plan for offshore leasing for the 2017-2022 time period is less than meets the eye, offering just a single Atlantic lease sale in 2021 as part of the five-year program, which Interior Secretary Sally Jewell said could be withdrawn as the leasing plan process evolves. That’s not a balanced approach, that’s an attempt to manage the perceptions game.

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offshore-energy  oil-and-natural-gas-development  outer-continental-shelf  atlantic-ocs  wind-energy  economic-benefits  tax-revenues  safe-operations 

Mark Green

Mark Green
Posted January 29, 2015

Offshore energy is getting lots of attention this week, which is good. Offshore energy is vital to America’s economy and energy security.

This week the Interior Department proposed the first draft of its next five-year program for offshore oil and natural gas leasing, in the 2017-2020 timeframe. While the draft plan doesn’t go far enough, it could include the first Atlantic lease sale in decades, and that would be a positive step. Meanwhile, on Thursday the federal government is scheduled to hold a lease sale for offshore wind in the Atlantic.

All of the above …

That’s more than a rhetorical flourish. America will need energy from all available sources in the future – thus the case for a genuine all-of-the-above strategy. We hope this week’s wind sale is successful.

Energy isn’t a zero-sum game, and neither is energy job creation. Offshore energy development of any kind can generate jobs and raise significant revenue for government. The country benefits and so do individual Americans – you know, folks holding the middle-class jobs everyone wants to support.

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oil-and-natural-gas-development  safe-operations  leasing-plan  offshore-drilling  economic-benefits  atlantic-ocs  gulf-of-mexico  alaska  pacific-outer-continental-shelf-ocs  interior-department  boem  federal-leases 

Mark Green

Mark Green
Posted January 28, 2015

Three maps, two views of America’s offshore energy wealth.

One reflects vast offshore oil and natural gas resource potential – nearly 50 billion barrels of oil and more than 200 trillion cubic feet of natural gas. We say potential because these areas represent the 87 percent of America’s federal offshore acreage that has been closed to exploration and development, dwarfing the areas where development is allowed.    

Nonetheless, what’s visible is the profile of an offshore energy giant, an offshore superpower. This is energy muscle waiting to be flexed. These are resources that could benefit Americans in terms of energy security, as more oil and natural gas is safely and responsibly produced right here at home, as well as job creation and economic stimulus.

That’s what energy superpowers do. They develop their resources to increase their security in a world where secure energy is fundamental to overall security. They develop their resources to fuel economic growth and to help ensure the prosperity of their citizens.  

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shale-energy  safe-operations  hydraulic-fracturing  horizontal-drilling  fracking  safety-standards  economic-benefits  pennsylvania 

Mark Green

Mark Green
Posted January 22, 2015

Small business owner Laura Ross in Washington, Pa., has a stake in safe energy development and environmental stewardship.

In the new television ad below, Ross talks about how her café and other businesses in town have seen an economic boost because of nearby energy development. But she’s also mindful of the environment, because her business carries items produced by local farms. The fact that hydraulic fracturing has been done safely for more than 65 years is reassuring to her and her patrons.

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shale-energy  safe-operations  hydraulic-fracturing  fracking  horizontal-drilling  oil-and-natural-gas-development 

Mark Green

Mark Green
Posted January 21, 2015

In a new API television ad, energy industry geologist Barbara Pickup calls the forest trails of Colorado her “streets” and the towering trees “my skyscrapers.” The Dillon, Colo., resident says she is for protecting the environment – but also for safe energy development, noting that hydraulic fracturing has been around for 65 years:

“Fracking will help secure America’s energy future, and I want to make sure we’re protecting the land and water, too. There has to be a balance.”

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american-energy  oil-and-natural-gas-development  domestic-production  energy-policy  hydraulic-fracturing  horizontal-drilling  safe-operations 

Mark Green

Mark Green
Posted January 5, 2015

We’ve got an energy revolution taking place in this country, but can we keep it going – and even better, can we increase it?

These and more will be the focus of the State of American Energy event on Tuesday from Washington D.C. You can watch the event live here beginning at 12:15 p.m. Eastern.  Join in the conversation on Twitter using the hashtag #SOAE2015.

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new-york  new-york-shale-gas  hydraulic-fracturing  horizontal-drilling  fracking  safe-operations  economic-benefits  pennsylvania 

Mark Green

Mark Green
Posted December 18, 2014

Some interesting perspective on New York’s decision to ban hydraulic fracturing – from neighboring Pennsylvania, where safe fracking has lifted the state economy while directly benefiting cities and towns all across the commonwealth.

Jeffrey Sheridan, press secretary for Governor-elect Tom Wolf’s transition team (to the Philadelphia Business Journal):

“Governor-elect Wolf opposes a ban, and he will work hard to make sure the process is safe. … Pennsylvania's natural resources should help the commonwealth become an energy leader, including renewable energy and energy efficiency, as well as a magnet for investment and job creation. Governor-elect Wolf's priority is to ensure that Pennsylvania is an energy leader with all Pennsylvanians sharing in the prosperity.”

Pennsylvanians are indeed sharing in prosperity that’s being generated by shale energy development, via responsible hydraulic fracturing and horizontal drilling: More than $2.1 billion in state and local taxes paid by industry, more than $630 million distributed to communities since 2012 – including more than $224 million in 2014. Plus billions in royalties paid by operators to private landowners.

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