The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

epa34  ethanol  greenhouse-gases  hydraulic-fracturing  keystone-xl  taxes-impact-on-business  energy-taxes 

Mary Leshper

Mary Schaper
Posted April 16, 2013

LA TimesEPA: U.S. Greenhouse Gases Drop 

The newspaper highlights the latest good news from the EPA: Increased use of natural gas, much of it developed with  hydraulic fracturing, has helped the United States lower its greenhouse gas emissions 1.6 percent from 2010 to 2011 and nearly 7 percent since 2005.

Roll CallRedford: Keystone XL an Environmentally Sound Way to Enhance Energy Security

Alberta  Premier Alison Redford’s  op-ed argues that Canada is “the safest, most secure and responsible energy supplier to the United States and a reliable trading partner.” This comes after her recent visit to the U.S. advocating  approval of the Keystone XL pipeline project.  Approving the pipeline “is the choice of reason,” she writes.

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hydraulic-fracturing  fracking  keystone-xl-pipeline  natural-gas  revenue  taxes 

Mary Leshper

Mary Schaper
Posted April 15, 2013

The Hill Energy Taxes Are No Budget Solution

Steve Forbes writes on The Hill’s Congress Blog that higher taxes on the oil and natural gas industry would cost jobs, lower energy production and actually reduce revenue to government over time. He cites a study showing that “a new tax on the industry would sacrifice 170,000 direct and indirect energy jobs by 2014.”

Houston ChronicleIt’s Wrong to Penalize the Oil and Natural Gas Industry

“Singling out our oil and natural gas industry for taxation penalizes producers,” writes the newspaper. “Bad guys? You mean the folks who employ our neighbors in good-paying jobs, contribute mightily to our tax base, civic life and sports and cultural/arts scenes? We don't think so.”

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budget  exports  new-york  hydraulic-fracturing  natural-gas  taxes  oil34  energy-101 

Mary Leshper

Mary Schaper
Posted April 11, 2013

New York Post Gov. Cuomo’s Ugly Message to  Businesses

Gov. Andrew Cuomo likes to declare that New York is “open for business,” but his prolonged refusal to OK hydraulic fracturing sends the opposite message,  John Krohn writes in a guest op-ed.

Rockland County TimesExports Grow Our Economy, Lift Ban on Natural Gas

In an op-ed, Margo Thorning writes that “the United States should capitalize on the comparative advantage it has over other countries with natural gas. In fact, respected economic consulting firm NERA recently analyzed LNG exports for the Energy Department and found that across every market scenario, increased exports would benefit the U.S. economy.”

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fracking  natural-gas  refineries  oil34 

Mary Leshper

Mary Schaper
Posted April 10, 2013

AEI IdeasEconomic Fact of the Day

According to new Bureau of Labor Statistics data, Midland, Texas, has the lowest metro jobless rate in the U.S. at 3.2 percent. What’s different about Midland, asks blogger Mark J. Perry. The town is in the heart of the Permian Basin oil field’s surging shale production – thanks to hydraulic fracturing.

Associated PressEnergy Secretary Nominee Backs Natural Gas ‘Revolution’

The AP recaps the nomination hearing for Ernest Moniz. During the hearing, Moniz noted the “stunning increase in domestic natural gas production” that has led to “reduced carbon emissions and a dramatic expansion of manufacturing and job creation.”

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energy-today  green-energy  hydraulic-fracturing  keystone-xl-pipeline  natural-gas 

Mary Leshper

Mary Schaper
Posted April 9, 2013

Penn EnergyCalifornia City “Goes Green” with Chevron Energy Solutions

Collaborating with Chevron’s Energy Solutions, the City of Patterson is working to improve the city’s sustainability, including solar installations and energy efficiency programs that will reduce costs for consumers.

Wall Street JournalIndia Is Ready for U.S. Natural Gas

There is “significant potential for U.S. exports of LNG to grow exponentially,” writes Nirapama Rao, India’s   ambassador to the U.S. “The prospect of increased Indian investment in the U.S. natural-gas market will usher in a new era for a strong and mutually rewarding India-U.S. energy partnership.” (subscription publication)

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energy-today  fracking  keystone-xl-pipeline  oil-and-gas-industry 

Mary Leshper

Mary Schaper
Posted April 8, 2013

Wall Street Journal – The 1 Percent Keystone Confusion “The 1%-ers writing checks to Mr. Obama loathe the pipeline. The folks who need and want it are the 99%. They're the working stiffs who are ‘struggling to get by’ in this economy.” –Editorial Fort-Worth Star-Telegram – Once Unprofitable West Texas Oil Play Now Booming Thanks to innovations in hydraulic fracturing and natural gas development, the Spraberry/Wolfcamp shale play in West Texas has roughly quadrupled its oil production since 2003 – producing more than 220,000 barrels a day.

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Mary Leshper

Mary Schaper
Posted April 5, 2013

EIA Today in EnergyEnergy-related Carbon Dioxide Emissions Declined in 2012

Thanks to the increase in domestic natural gas production through hydraulic fracturing, U.S. carbon emissions from energy-related sources reached the lowest level in a decade. Emissions have declined every year since 2007, with the exception of 2010.

PE MagazineNew Extraction Techniques are Driving Growth and Demand for Engineers

PE Magazine reports on the dramatic growth in individuals pursuing petroleum engineering degrees thanks to the shale revolution in their April edition. Since 1993, the number of petroleum engineering degrees has increased five times and master’s degrees have more than doubled.

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hydraulic-fracturing  manufacturing  natural-gas  regulations  taxes  oil34 

Mary Leshper

Mary Schaper
Posted April 4, 2013

Forbes The Top Five Facts Everyone Should Know About Oil and Natural Gas Exploration

Ryan Carlyle, a subsea hydraulics engineer, writes that oil accounts for one-third of humanity’s energy supply, is unrivaled in power generation and is fundamental to lifting billions of people out of poverty. Fun fact: If solar power generation doubled every decade for 100 years, it would still be pretty far behind oil today.

Wall Street JournalBeware Tax Reform That Raises Taxes on Capital

Of the ongoing congressional debate over tax reform, Margo Thorning writes  that “Investment, growth and job creation should be the cornerstones of any tax-reform effort.”

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epa34  fracking  hydraulic-fracturing  energy 

Mary Leshper

Mary Schaper
Posted April 3, 2013

BBC NewsNeighboring U.S. Towns Worlds Apart on Natural Gas Fracking

BBC’s Laura Trevelyan reports on the divide between New York State and Pennsylvania in the hydraulic fracturing debate. Must watch at 2:19: a fourth generation New York landowner talks about the benefits of fracking – and the consequences of not lifting the moratorium.

Free EnterpriseAbundant U.S. Energy Attracts Foreign Companies

Abundant U.S. energy, courtesy of hydraulic fracturing tapping shale oil and natural gas deposits, is attracting manufacturers from Europe and South America, Sean Hackbarth reports. This will translate into jobs and a “much more competitive U.S.”

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hydraulic-fracturing  oil-and-natural-gas 

Mary Leshper

Mary Schaper
Posted April 2, 2013

NBC NewsHow the U.S. Oil and Natural Gas Boom Could Shake Up Global Order

In December, for the first time in 40 years, China passed the U.S. as the world’s leading oil importer. And in that same month, North Dakota, Ohio and Pennsylvania – all leading shale development states – produced more barrels of oil a day than Iran exported. NBC News has more on the shifting global impact of American energy.

New York Daily NewsCookin’ with Gas

“In places like Williamsport, fracking has proven to be an economic powerhouse. But not in New York – a state with an 8.4% unemployment rate and well below-par job creation … Cuomo's dithering on fracking is stalling a game-changer for New York's economy.”

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