Energy Scarcity No Longer – U.S. Oil and Natural Gas Industry Generates Abundance
Posted November 19, 2013
America Needs its Shale Energy and Hydraulic Fracturing Provides It
The Hill: In just a few short years, the United States has become the world’s number one oil and natural gas producer, and is well on its way to no longer relying on energy from countries that are historically hostile to U.S. interests.
For the average family last year, this energy transformation meant $1,200 in the form of lower energy bills, at a time when hard working American families desperately need a break. The benefits of the shale energy revolution have already been tremendous. On top of lowering costs for fueling our cars, heating our homes and running our factories, it may have saved America from slipping into a depression. After all, natural gas producing shale is the single most dramatically expanding part of the U.S. economy supporting the highest number of new jobs.
Energy is not an end unto itself; it is a key economic input to a more prosperous future for all Americans. If not for the shale revolution, we would not be reaping the benefits of the rebirth of the manufacturing sector that both of our parties see as key to rebuilding our economy. One recent study concluded that U.S. has added over 500,000 manufacturing jobs since the shale revolution began.
This shale revolution is completely dependent on two consistently improving American technologies: hydraulic fracturing and horizontal drilling. Without these two key technologies, all of the benefits we all experience every day would stop, our domestic energy resources would remain off limits from U.S. citizens, and the manufacturing jobs rebirth will end.
Read more: http://bit.ly/If4fCM
More industry news:
- Editorial: Fracturing Obama’s Oil Spin: http://bit.ly/1fecpd7
- Poll: Support for Fracking is on the Rise: http://bit.ly/19EiMhD
- Interior Announces $14.2 Billion in Energy Revenue: http://bit.ly/1egDl99
- Southern Oregon Customers Gain from Natural Gas Boom: http://bit.ly/I3xkSk
- George W. Bush on Keystone XL Pipeline – ‘Build the Damn Thing’: http://bit.ly/I3xmcS
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.
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