The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

oil-and-natural-gas  domestic-energy  economic-benefits  hydraulic-fracturing  fracking  horizontal-drilling  access 

Mark Green

Mark Green
Posted October 10, 2014

The U.S. Energy Information Administration (EIA) has another report on oil imports that underscores the incredible sea change in America’s energy picture – due to increased domestic production of oil and natural gas. EIA says net imports of energy as a share of energy consumption fell their lowest level in 29 years for the first six months of 2014.

This is a snapshot of America’s energy revolution – the fundamental shift from energy scarcity to abundance that would have been unthinkable less than a decade ago. The shift is the result of surging oil and natural gas production using advanced hydraulic fracturing and horizontal drilling, harnessing oil and gas reserves in shale and other tight-rock formations. Safe, responsible energy development has made the United States the world’s No. 1 natural gas producer, and the U.S. could become the world’s top producer of crude oil related liquids before the year is out, the International Energy Agency reports (h/t Financial Times.com).

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greenhouse-gas-emissions  methane-emissions  oil-and-natural-gas-development  epa34  hydraulic-fracturing  horizontal-drilling 

Mark Green

Mark Green
Posted September 30, 2014

Some talk – some take to the streets – pushing for reductions in greenhouse gas emissions. The oil and natural gas industry is actually doing it. New EPA data supports:

  • Methane emissions from oil and natural gas systems decreased 12 percent since 2011.
  • The largest reductions come from hydraulically fractured natural gas wells – down 73 percent since 2011.
  • Industry’s overall greenhouse gas emissions (CO2 equivalent) decreased 1 percent in 2013 compared to 2012.
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oil-and-natural-gas-jobs  unconventional-oil  unconventional-gas  hydraulic-fracturing  horizontal-drilling  fracking  economic-growth  government-revenues 

Mark Green

Mark Green
Posted September 26, 2014

There’s more evidence that the U.S. oil and natural gas industry is driving economic growth – not just in the industry itself, but also in the vast supply chain that sustains energy development – adding to overall GDP, wages and revenues to government.

A new IHS study, commissioned by the Energy Equipment & Infrastructure Alliance (EEIA) estimates that employment growth in the supply chain that supports unconventional oil and natural gas development – that is, energy from shale and other tight-rock formations with advanced hydraulic fracturing and horizontal drilling – will outpace, by a more than a 2-to-1 margin, the U.S. average from 2012 to 2025.

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hydraulic-fracturing  horizontal-drilling  regulation  safe-operations  shale-benefits  oil-and-natural-gas-development 

Mark Green

Mark Green
Posted August 20, 2014

North Carolina is about to join America’s energy revolution. This week the state’s Mining and Energy Commissions (MEC) conducted the first of four scheduled public hearings on proposed hydraulic fracturing regulations, the final adoption of which could allow fracking as early as next spring.

The MEC hearings mark the close of a two-year process to lift a 2012 moratorium on hydraulic fracturing in North Carolina. The presence of vast shale reserves and the marriage of safe, responsible hydraulic fracturing and horizontal drilling launched the U.S. energy revolution – with stunning results. The U.S. is now the world’s leading natural gas producer and could become No. 1 in oil output next year, according to the International Energy Agency – generating thousands of new jobs and boosting the national economy.

While North Carolina doesn’t have energy-bearing shale deposits as large as those in Texas, North Dakota, Pennsylvania and other states, it has enough to create jobs and help its economy.

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api-standards-program  industry-standards  energy-development  hydraulic-fracturing  horizontal-drilling  oil-and-natural-gas  government-revenue  community  exploratory-well 

Kyle Isakower

Kyle Isakower
Posted July 9, 2014

Hydraulic fracturing is a proven, safe technique that has been used since 1949 in over one million wells right here in the U.S. As a result, America is now the number one producer of natural gas in the world, and by 2015, it is expected that we will take the top spot in crude oil production. Of course, with this success, come both benefits and challenges.

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oil-spill-prevention-and-response  spill-prevention  energytomorrow  transportation  hydraulic-fracturing  exxon  horizontal-drilling 

Mark Green

Mark Green
Posted May 6, 2014

The major themes of the 2014 International Oil Spill Conference – prevent, prepare, respond, restore – reflect the priority industry places on safety in transporting oil and petroleum-based products.

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oil-and-natural-gas-development  job-growth  economic-growth  hydraulic-fracturing  horizontal-drilling  shale-energy  investment 

Mark Green

Mark Green
Posted February 25, 2014

The energy industry is working for America. A new Manhattan Institute report finds that in the slowly recovering U.S. economy the oil and natural gas industry is creating jobs and generating broad economic stimulus. Top findings:

  • While overall U.S. employment has yet to return levels predating the 2008 recession, the number of oil and natural gas jobs has grown 40 percent since then.
  • The U.S. energy revolution is almost entirely the result of development by more than 20,000 small and midsize businesses. The typical oil and natural gas firm has fewer than 15 employees.
  • Industry jobs are geographically dispersed. Sixteen states have more than 150,000 jobs in the oil and natural gas sector.

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hydraulic-fracturing  fracking  horizontal-drilling  shale-energy 

Mark Green

Mark Green
Posted November 4, 2013

In his New York Times review of Gregory Zuckerman’s new book, “The Frackers,” which tells the story of the Oklahoma and Texas entrepreneurs behind the modern hydraulic fracturing/energy revolution, Bryan Burrough leads with:

One could argue that, except for the Internet, the most important technological advance of the last two decades has been hydraulic fracturing, widely known as fracking. Practically overnight, it seems, this drilling technique has produced so much oil and gas beneath American soil that we are at the brink of something once thought unattainable: true energy independence. And its repercussions, for geopolitics, the environment and other areas, are only now being grasped. 

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