Energy Today –August 1, 2013

Mary Schaper
Posted August 1, 2013

EIA Energy Today – Proved Reserves of Crude Oil and Natural Gas in the United States Up Sharply in 2011

For the second year in a row, U.S. set a record increase for crude oil production in 2011 – rising 15 percent to the highest level since 1985. Natural gas production was also up 10 percent. Shale developing states led the increase.

AIE Ideas Carpe Diem Blog – Shale Revolution: U.S. Was the World’s No. 1 Petroleum Producer in April for the Sixth Straight Month

America’s shale revolution continues to perform – for the sixth month in a row America: a) took the top spot as the No. 1 petroleum producer in the world, and b) produced more petroleum than the combined output of all of the countries in Europe, Central America, and South America.

News OK – Fact Check: Obama Understates Keystone XL Jobs

News OK highlights recent comments by the President disparaging American jobs created by the Keystone Xl pipeline project. "It's not clear where Obama came up with the 2,000-jobs figure. The State Department report ... estimates that the project could help create — directly and indirectly — as many as 42,000 jobs.”

Exxon Mobil Perspectives – Big Data in the Oil Patch

Exxon’s Ken Cohen notes a new study on the “game-changing” technologies that have allowed the United States’ surge in energy production. “Appreciating this fundamental role of innovation can help citizens and our elected leaders put in place sound energy policies that … makes such revolutions possible. And that is how we can all contribute to economic growth, job creation, and environmental protection in the decades ahead.”

The Atlantic – The Case for Shale Gas in Five Charts

“When more industries use natural gas worldwide, the United States wins,” writes the Atlantic. Thanks to the partnership of hydraulic fracturing and horizontal drilling, U.S. oil and natural gas production is surging – and expected to continue its rise.