The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

american-energy  economy  energy-security  environment  jobs  new-york  pennsylvania  fracking  alaska  arctic 

Mary Leshper

Mary Schaper
Posted February 20, 2015

EIA Today in Energy: Working natural gas in storage has surpassed five-year average levels for the first time in more than a year. At 2,157 billion cubic feet (Bcf) as of February 13, stocks are 58 Bcf greater than the five-year average. Recent extremely cold weather may result in high stock withdrawals for the week ending February 20, which could again push stocks below their five-year average. However, natural gas production in February and March that is forecast to average 5 Bcf/day above the year-ago level is likely to contribute to healthy inventories and moderate prices as the nation moves from winter into spring.

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offshore-development  offshore-drilling  south-carolina  energy-security  economy  jobs  offshore-production  environment 

Mark Green

Mark Green
Posted February 20, 2015

Federal officials continue to hold public hearings on a draft offshore oil and natural gas leasing program that, when finalized, would largely determine where offshore energy development can occur from 2017 to 2022. Given the lead times needed for offshore development, the federal leasing program is vitally important to America’s energy production and energy security. Safe offshore development benefits the country but especially states that would host operations in their coastal waters. We’ve looked at how offshore oil and natural gas development would benefit Virginia and North Carolina – in terms of jobs and revenues generated for state budgets. Today, South Carolina.

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offshore-drilling  offshore-development  florida  florida-offshore-drilling  economy  jobs  energy-security 

Mark Green

Mark Green
Posted February 19, 2015

Like other states along the Atlantic coast, Florida could see substantial economic benefits from safe offshore oil and natural gas development – if Washington will allow it. That’s a big “if.” A draft oil and natural gas leasing program – the subject of a scheduled public hearing today in Jacksonville – provides for just one lease sale in the Atlantic and not until 2021, almost at the end of a plan that covers the 2017 to 2022 time period. That could leave Florida and other states on the outside looking in at the benefits of offshore development.

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alaska  anwr  american-energy  economy  jobs  exports  fracking 

Mary Leshper

Mary Schaper
Posted February 11, 2015

Alaska Dispatch News (Op-ed Charlotte Brower): The Iñupiat Eskimo lived on Alaska’s North Slope for countless generations -- unknown to the outside world. Our culture, social structure and our survival depended on our ability to utilize the abundant resources that bless our region. Over time, we found our lifestyle threatened when the thirst for resources drove others to our corner of globe, first for whales and later for oil. Today, we are under assault by people who seek another resource -- wilderness. And just like those who came before them, they threaten the health of our communities, our culture and our way of life. President Obama’s announcement to seek wilderness designations throughout the entire Arctic National Wildlife Refuge, represents the latest salvo by the powerful environmental lobby to obtain their El Dorado.

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american-energy  economy  jobs  growth  infrastructure  texas  exports  fracking  keystone-xl-pipeline 

Mary Leshper

Mary Schaper
Posted February 9, 2015

CNN Money: In October 2011, my colleague Blake Ellis and I traveled to western North Dakota to report on the accelerating oil boom. A lot has changed since then.

In oil towns like Williston and Watford City, massive amounts of infrastructure have been built in just the last three years. Here's a look at some of the bigger projects:

 

People: Populations in once-small towns soared as people from around the country (and the world) migrated to the area for jobs. Williston Mayor Howard Klug says that the city of under 15,000 in the 2010 census now has a "serviceable population of 60,000 to 70,000."

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american-energy  economy  jobs  trade  manufacturing  exports  policy  ethanol  rfs34  keystone-xl-pipeline  fracking 

Mary Leshper

Mary Schaper
Posted February 3, 2015

NPR: As the economy continues to recover, economists are seeing stark differences between people with high school and college degrees. Four-year college graduates are nearly twice as likely to have a job compared to Americans who just graduated high school and stopped there. But economists say that doesn't mean everybody needs a four-year degree. In fact, millions of good-paying jobs are opening up in the trades. And some pay better than what the average college graduate makes.

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keystone-xl  emissions  lng-exports  economy  jobs  arctic  alaska  policy 

Mary Leshper

Mary Schaper
Posted January 29, 2015

National Journal: Over the past six years, the Keystone XL oil-sands pipeline has become a powerful symbol in the midst of a national debate over energy security and climate change. Opponents warn that construction would speed Canadian oil-sands development, which could spell "game over" for the planet. But despite its iconic status, Keystone would generate far fewer emissions than the nation's fleet of power plants, a source of emissions that the president has pledged to crack down on as part of his climate agenda.

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american-energy  economy  jobs  fracking  keystone-xl-pipeline  energy-security  lng-exports 

Mary Leshper

Mary Schaper
Posted January 27, 2015

TribLIVE: Specialized, experienced engineers are becoming a tough get in Western Pennsylvania as the gas drilling industry outpaces the growth of an experienced talent pool. Stock awards, sign-on bonuses, unlimited vacation and travel stipends are increasingly becoming necessary for companies looking to attract top candidates, recruiters say. “Sometimes, we get so lost in it, they have so much they're trying to offer and entice them with,” said Frank Civitate, founder and president of Synergy Staffing, based in Pittsburgh. “The fact of the matter is everyone is looking for the same types of folks.”

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energy-security  economy  jobs  policies  keystone-xl  alaska  fracking 

Mary Leshper

Mary Schaper
Posted January 23, 2015

Forbes (Loren Steffy): President Obama didn’t say much about energy in his State of the Union speech Tuesday. Last year, he focused on energy issues more, and devoted much of the energy portions of his speech to natural gas.

This year, he acknowledged rising U.S. oil production and the benefits of cheap energy that have come with it, and then he made a backhanded reference to the Keystone XL pipeline.

In calling on both parties to support the infrastructure projects such as “modern ports, strong bridges, faster trains and faster internet,” he then encouraged lawmakers to pass a bipartisan infrastructure plan by saying: “So let’s set our sights higher than a single oil pipeline.”

Certainly, the Keystone pipeline has become a far greater political punching bag than a meaningful piece of infrastructure. Environmentalists have greatly exaggerated its role in climate change, and Republicans in Congress are now determined to push through legislation supporting it almost out of spite for the administration’s foot-dragging on a decision.

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american-energy  economy  energy-security  jobs  fracking  state-of-the-union  state-of-american-energy 

Mary Leshper

Mary Schaper
Posted January 21, 2015

The eight states at the heart of the American shale oil revolution all grew faster than the U.S. national average over the last decade, according to the U.S. Bureau of Economic Analysis (BEA), underscoring the importance of oil production to the U.S. economy.

Gross domestic product (GDP) attributable to private industry grew at a compound annual rate (CAGR) of 1.8 percent between 2002 and 2013 for the nation as a whole, after allowing for inflation.

But for the eight states at the centre of the shale oil revolution, all of which have increased their production by at least 20,000 barrels per day since 2008, private sector GDP growth has been much faster.

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