Energy Tomorrow Blog
Posted January 17, 2017
These reports are significant in a couple of ways. Lower natural gas prices obviously benefit consumers, and they also benefit when costs are lower for the leading fuel for electricity generation. In addition, our air is cleaner because cleaner-burning natural gas has reduced carbon emissions from the power sector to 25-year lows. Future U.S. energy policy should recognize these natural gas benefits and others – including lower costs for manufacturers and export opportunities – by fostering more domestic natural gas production.
Posted December 28, 2016
Posted October 28, 2016
Posted August 19, 2016
The successful U.S. energy paradigm shouldn’t be put at risk by imposing higher taxes on the energy producers. Americans agree. In a recent poll 66 percent of registered voters said they oppose higher taxes that could decrease energy production. In a year where everyone is poll-conscious, it’s an opinion that should be heard.
Posted July 1, 2016
When you see the significant economic, consumer and climate benefits to the U.S. from increased use of natural gas, it’s quite a puzzle when some won’t take “yes” for an answer – yes to lower energy costs, yes to infrastructure jobs, yes to carbon emissions reductions. Unfortunately for Massachusetts residents, that’s the path the state legislature appears to be taking. More below. First, a review of how clean-burning natural gas is making life better across the rest of the country.
Let’s start with reduced household energy costs, which are helping to lower Americans’ cost of living, according to the U.S. Energy Information Administration (EIA). In constant 2015 dollars, EIA says average annual energy costs per household peaked at about $5,300 in 2008 then declined 14.1 percent in 2014.
Posted August 11, 2015
Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Iowa. We started the series with Virginia on June 29 and reviewed Montana to begin this week. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.
As we can see with Iowa, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.
Posted July 29, 2015
The current crude oil export debate basically is about global competition – and whether the United States will stop sanctioning itself and let an American commodity trade freely on the global market.
An irony – we’ll call it the “Iran Irony” – underscores the anti-competitive nature of our outdated ban on oil exports and the strategic shortsightedness of maintaining it.
The “Iran Irony” is this: While the U.S. advances a nuclear deal that would let Iran reemerge as a major oil supplier on the global market – to Iran’s economic and competitive gain – the United States denies itself similar benefits by banning its own crude exports. This is hurting America’s global competitiveness, diminishing the potential positive impacts of America’s rise as an energy superpower.
Posted March 3, 2015
Posted October 13, 2014
Detroit Free Press: Ground zero for America's "shale revolution" in gas and oil production, North Dakota is also the reigning title-holder for lowest unemployment among the 50 states.
There were more unfilled jobs in September than job applications within the state, where oil field workers can make six-figure salaries and even the fast-food restaurants dangle hiring bonuses of $300 or more. The state has been recruiting specifically from Michigan for workers of all stripes and skill levels — hoping to entice entire families to relocate and grow roots.
North Dakota's official 2.8% jobless rate in August is essentially full employment, allowing just about anyone who wants a job to get one. At the same time, Michigan's rate of 7.4% was stuck above the 6.1% national average. (The national rate was 5.9% in September.)
North Dakota's roaring economy has been the envy of state governors and, for proponents of fracking, a shining success story for how an energy boom can produce a job boom, even for workers in professions that aren't directly related to extracting natural gas and oil.
Posted October 9, 2014
Columbus Dispatch: Consumers are starting to catch a serious break for a change on energy costs.
Gasoline prices in central Ohio are at their lowest level in nearly four years, while the outlook for home-heating costs this winter is better than a year ago.
“There’s definitely more money in my pocket,” said Kathy Bury, 58, of Blacklick, in eastern Franklin County.
She tends to buy gasoline $20 at a time. At current prices, that’s three-fourths of a tank, which is much more than a month ago, a contrast that “makes me happy,” she said.