Posted April 2, 2013
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 News – Cookin’ 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.”
Posted March 29, 2013
Posted March 28, 2013
Posted March 25, 2013
Posted March 21, 2013
Posted March 20, 2013
Forbes – The Texas Shale Oil & Gas Revolution
Eagle Ford Shale is “a blessing for Texas and Texans” writes Forbes contributor David Blackmon – highlighting the fact that the Lone Star state produces 30 percent of U.S. natural gas and roughly 30 percent of U.S. oil.
New York Times – A Model for Reducing Emissions
Columnist Eduardo Porter explains how the United States is a “model for reducing carbon emissions” – with a significant role being played by increased natural gas development and use. He points out that the U.S. had perhaps the biggest emissions decline among industrial countries since 2007.
Posted March 13, 2013
Christian Science Monitor – Jobs Report: The Energy Connection to Growth
Good news on Friday: the U.S. economy added 236,000 jobs in February, with more than 1,000 were added in the oil and natural gas industry. Contributions from the industry over the last year have added more than 20,000 jobs. The contribution comes from many areas: oil and gas extraction employment is up 10,000 jobs over the past year; utilities, up 6,000 jobs; coal employment, by contrast, down 5,000. Renewables are also growing slowly. But the jobs impact from the energy sector, especially the boom in unconventional oil and natural gas extraction, is much greater than that, driving a need for construction workers, engineers, truck drivers, and a host of related occupations.