Energy Today – May 16, 2013
Posted May 16, 2013
Breaking Energy – Sieminski: U.S. Tight Oil Growth Helping Lower Global Crude Price
U.S. tight oil production has helped to shave about $20-$25 per barrel from Brent crude oil prices, and continued output growth could further impact global pricing, says Energy Information Administration Administrator Adam Sieminski.
E! Science News – Groundwater Unaffected by Shale Gas Production in Arkansas
Duke University and U.S. Geological Survey scientists sampled 127 shallow drinking water wells in areas overlying Fayetteville Shale gas production in north-central Arkansas and found no ground water contamination from hydraulic fracturing.
AEI Ideas/Carpe Diem Blog – North Dakota Sets New Oil Production Record in March
Mark J. Perry writes that March was another record-setting month for oil output in North “Saudi” Dakota, and the shale oil boom there continues to make it one of the most economically successful states in America.
Forbes – America’s Manufacturing Boomtowns
Leading the way is Houston. Since 2009 the city’s industrial employment has grown 15 percent, almost three times as fast as the overall economy. This energy-driven growth is also seen in other sectors: construction and professional and business services.
In an opinion piece, the American Fuel and Petrochemical Manufacturers’ Charles Drevna writes that because of the standard “American food producers and retailers are being hit hard, and these costs are passed along to consumers who have seen an 18 percent rise in food prices since the RFS was enacted.”
Wall Street Journal – What the Well-Dressed Fracker is Wearing
WSJ has a piece today on the way hydraulic fracturing is benefitting retailers and clothing manufacturers. These businesses are seeing an increase in demand for shoes and fire-resistant clothing for workers in the oil and natural gas industry.
About The Author
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.