The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

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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hydraulic-fracturing  manufacturing  natural-gas 

Mary Leshper

Mary Schaper
Posted March 28, 2013

NPR – Affordable Natural Gas Pumping New Life into U.S. Factories

America’s comeback kid: The U.S. industrial sector is “entering a new era” of growth, thanks to economical natural gas. The reason for this manufacturing renaissance? Innovations in natural gas development, including hydraulic fracturing.

Gallup Politics – Poll: Americans Want More Emphasis on Producing Domestic Energy

Natural gas is the big winner in Gallup’s most recent energy poll which shows that 59 percent of Democrats, 62 percent of independents, and 79 percent of Republicans say domestic natural gas production should have more emphasis in the U.S.

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hydraulic-fracturing  keystone-xl-pipeline  natural-gas  manufacturing 

Mark Green

Mark Green
Posted March 27, 2013

New York Daily News – Why Cuomo Must Seize the Moment on Hydrofracking

Former Pennsylvania Governor Ed Rendell writes that “if we choose to embrace natural gas, it will help us get past a number of significant economic and environmental challenges. On the other hand, if we let fear carry the day, we will squander another key moment to move forward together.”

AEI Ideas – The $61 Billion Eagle Ford Shale Payoff

Mark Perry notes  that according to a new study, economic activity related to oil and natural gas development in the Eagle Ford Shale area of Texas is delivering a stimulus to the state’s economy of more than $1 billion every week that will rise to $89 billion by 2022. In addition, Eagle Ford Shale area companies hired more than 260 new workers every day in 2012.

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eagle-ford-shale  oil-and-natural-gas-development  manufacturing 

Mark Green

Mark Green
Posted March 27, 2013

Thanks, shale and hydraulic fracturing!

Two news items prompt today’s gratitude. First, a new study of Texas’ Eagle Ford shale play shows the dramatic economic lift being provided by oil and natural gas development. Second, a Reuters article underscores the point that affordable natural gas – again, thanks to fracking and shale – is spurring a U.S. manufacturing renaissance – in this case, attracting investment in this country from foreign companies.

The Eagle Ford study by the University of Texas at San Antonio has these numbers:

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energy-policy  manufacturing  regulation  energy-exports  liquid-natural-gas 

Mark Green

Mark Green
Posted January 11, 2013

Here’s one of the main things wrong with arguments some are making against the export of U.S. liquefied natural gas (LNG): They substitute narrow interests and agendas for the proved economic benefits of free trade to the entire United States – long demonstrated in the sale of countless other U.S. commodities to overseas buyers.

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manufacturing  imports  domestic-energy  oil-production  trade 

Mark Green

Mark Green
Posted December 26, 2012

The Washington Times has an article that focuses on the connection between increased domestic energy production, a U.S. manufacturing resurgence and an improved trade balance

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business  domestic-energy  energy  energy-policy  environmental-protection-agency  epa34  ghg34  greenhouse-gas  greenhouse-gas-emissions  manufacturing  moratorium  over-regulation  senate  democrats  mining  senate-appropriations-committee 

Jane Van Ryan

Jane Van Ryan
Posted October 1, 2010

A group of 17 trade associations representing mining, chemicals, energy, manufacturing and business are asking key Democrats on the Senate Appropriations Committee as well as Senate Republican Leader Mitch McConnell (R-Ky.) and Senate Appropriations Committee Ranking Member Thad Cochran (R-Miss.) to support an initiative to stop or delay the Environmental Protection Agency's (EPA) proposed greenhouse gas (GHG) emission rules. In two separate letters, the trade groups, which include API, ask the senators "to pursue a moratorium on the stationary source rules...."

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