The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

american-energy  hydraulic-fracturing  fracking  economy  jobs  technology  ethanol 

Mary Leshper

Mary Schaper
Posted October 29, 2013

Op-ed: Exports Bring Myriad Benefits

Houston Chronicle (James Clad): After the Arab oil embargo of 1973, America's energy dependence became the most obvious flaw in our superpower status.

Now, thanks largely to the shale revolution, domestic U.S. oil production is pushing imports to a 25-year low, holding down global prices despite Asian demand and Middle East/North Africa supply disruptions.

While the U.S. seems set to displace Saudi Arabia as the largest oil producer by 2020, our natural gas production has lifted our geopolitical gravitas. Now the world's largest natural gas producer, the U.S. is poised to take a growing profile as a gas exporter.

Read more: http://bit.ly/18zur0R

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american-energy  hydraulic-fracturing  pipelines  technology 

Mary Leshper

Mary Schaper
Posted October 15, 2013

Daniel Yergin: Out of ’73 Embargo ‘the Birth of the Modern Era of Energy’

Wall Street Journal: Forty years ago, on Oct. 17, 1973, the world experienced its first "oil shock" as Arab exporters declared an embargo on shipments to Western countries. The OPEC embargo was prompted by America's military support for Israel, which was repelling a coordinated surprise attack by Arab countries that had begun on Oct. 6, the sacred Jewish holiday of Yom Kippur.

 

With prices quadrupling in the next few months, the oil crisis set off an upheaval in global politics and the world economy. It also challenged America's position in the world, polarized its politics at home and shook the country's confidence.

 

Yet the crisis meant even more because it was the birth of the modern era of energy. Although the OPEC embargo seemed to provide proof that the world was running short of oil resources, the move by Arab exporters did the opposite: It provided massive incentive to develop new oil fields outside of the Middle East—what became known as "non-OPEC," led by drilling in the North Sea and Alaska.

 

Read more: http://on.wsj.com/18iHMi7

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tax-code  taxes-impact-on-business  technology  innovation 

Mark Green

Mark Green
Posted August 23, 2013

Good vibrations from California with the Max Baucus-Dave Camp tax reform tour reaching Silicon Valley and a pair of high-tech sector businesses. The chairmen of the Senate’s Finance Committee and the House’s Ways and Means Committee, respectively, have been preaching a simpler, fairer tax code for individuals and job creators

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hydraulic-fracturing  keystone-xl  innovation  technology 

Mary Leshper

Mary Schaper
Posted August 1, 2013

EIA Energy Today – Proved Reserves of Crude Oil and Natural Gas in the United States Up Sharply in 2011

For the second year in a row, U.S. set a record increase for crude oil production in 2011 – rising 15 percent to the highest level since 1985. Natural gas production was also up 10 percent. Shale developing states led the increase.

AIE Ideas Carpe Diem Blog – Shale Revolution: U.S. Was the World’s No. 1 Petroleum Producer in April for the Sixth Straight Month

America’s shale revolution continues to perform – for the sixth month in a row America: a) took the top spot as the No. 1 petroleum producer in the world, and b) produced more petroleum than the combined output of all of the countries in Europe, Central America, and South America.

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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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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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hydraulic-fracturing  keystone-xl  natural-gas  regulations  technology 

Mary Leshper

Mary Schaper
Posted May 2, 2013

The Atlantic How Oil Made Working-Class North Dakota a Whole Lot Richer

In North Dakota’s Bakken Shale formation, Americans have been able to find high-paying work in the oil and natural gas industry as the state’s employment number grew by more than 35 percent from 2007 to 2011. But another part of this American success story is that jobs and paychecks have surged across industries – including technical services, transport, construction and food services.

Reuters CanadaTransCanada to Build $900 Million Alberta Oil Pipeline, Terminal

Keystone XL opponents claim that stopping the pipeline will keep Canada’s oil sands in the ground. However, as the U.S. waits for President Obama to decide on the Keystone XL Canada is moving forward with plans to move its growing crude oil supplies – and ship them elsewhere.

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natural-gas  innovation  fracking  technology 

Mark Green

Mark Green
Posted December 19, 2012

America’s oil and natural gas companies are all over innovation – and probably none more than those using hydraulic fracturing or fracking to get natural gas and oil from shale and other tight rock formations.

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access  domestic-energy  innovation  natural-gas  oil-and-natural-gas  technology 

Mark Green

Mark Green
Posted November 21, 2012

A recent study by IHS Global Insight depicts the game-changing nature of U.S. unconventional oil and gas – trillions in potential new capital spending, job creation and energy production between now and 2035.

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technology  natural-gas  hydraulic-fracturing  energy-policy  energy  domestic-energy  access 

Mark Green

Mark Green
Posted November 1, 2012

Bismarck, N.D., television station KFYR has an interesting story on its website noting that hydraulic fracturing and horizontal drilling – which spurred booming oil production from the Bakken Shale and oil and natural gas from other shale plays – have paved the way for new technologies that could expand the Bakken oil recovery rate

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