Skip to main content

Energy Tomorrow Blog

Direct, Indirect, Induced – Jobs, Jobs, Jobs

job creation  economic growth  economic benefits 

Mark Green

Mark Green
Posted January 22, 2014

While I haven’t had a chance to fully digest the Center for American Progress’ latest attempt to spin for new energy taxes, I’m curious about its dismissal of indirect and induced jobs as the measure of an industry’s investments and operations. Direct/ indirect/ induced jobs isn’t some foreign concept, as we’ve noted before, but perhaps CAP would understand it better if we used a different example than the oil and natural gas industry.

More »

A Move for Effective and Efficient Fracking Regulation

fracking  fracking fluid  hydraulic fracturing  regulation  access  economic benefits  safety standards 

Mark Green

Mark Green
Posted November 21, 2013

Legislation passed by the U.S. House would help preserve effective state regulation of hydraulic fracturing by limiting Interior Department enforcement of unnecessary fracking rules on public lands. Effective regulation has an important role in safe and responsible energy development, and states are best positioned to do just that. Erik Milito, API’s director of upstream and industry operations:

“Hydraulic fracturing and horizontal drilling are safe, proven technologies that have allowed the U.S. tooutpace Russia as the world’s number one producer of oil and natural gas. Job growth, energy security, andgovernment revenue are all rising due to the U.S. energy revolution, and state regulators are in the best positionto preserve America’s progress while protecting our natural resources with rules tailored to local hydrology,geology, and natural resources.”

The combination of advanced hydraulic fracturing and horizontal drilling launched the current shale energy revolution in America– a surge that can continue with increased access to oil and natural gas reserves, including those on public lands, and common-sense regulation led by the states. In terms of future economic growth and greater security in the world, U.S. shale energy is agame-changer. Below are 10 things everyone should know about it.

More »

What is Fracking?

jobs  Energy Security  economic benefits  fracking  hydraulic fracturing  hydrofracking  shale energy 

Mark Green

Mark Green
Posted October 8, 2013

Hydraulic fracturing and horizontal drilling are safely unlocking vast U.S. reserves of oil and natural gas found in shale and other tight-rock formations. Developing energy from shale is an advanced process that uses the latest drilling technologies and equipment. Click here for a video showing how this process works, and visit Energy From Shale.org to learn more about America’s shale energy revolution. As for what fracking means to the United States – the answers, in charts.

More »

Energizing America: Good Energy Policy and Its Economic Impacts

access  unconventional gas  unconventional oil  economic benefits 

Mary Leshper

Mary Schaper
Posted September 18, 2013

Oil and natural gas development from shale is creating jobs and building the economy, providing America with a distinct competitive advantage in the world, API Chief Economist John Felmy told the National Association of Energy Officials this week in Denver. Felmy:

“The oil and natural gas industry has strengthened the U.S. economy by creating jobs, increasing household wealth, and securing America's future. If Congress and the administration are willing to support America’s domestic energy production, oil and natural gas are poised to fuel an economic renaissance."

More »

LNG Exports, Markets and Building on America's Natural Gas Edge

lng exports  economic benefits 

Mark Green

Mark Green
Posted August 21, 2013

The Energy Security Initiative at Brookings has a new policy brief on liquefied natural gas (LNG) exports that makes some important points:

More »

Energy Today - August 6, 2013

jobs  fracking  technology innovation  economic benefits 

Mary Leshper

Mary Schaper
Posted August 6, 2013

U.S. News & World Report – 'Game Changers' for Job Creation

The National Taxpayer Union’s Pete Sepp notes a recent study indicating the top catalyst for U.S. job creation is oil and natural gas production, particularly from shale development. Sepp outlines the benefits in the study, including adding $690 billion a year to U.S. GDP and creating up to 1.7 million new jobs by 2020.

More »

Who Supports the Keystone XL? You Do!

jobs  Energy Security  keystone xl  economic benefits 

Mark Green

Mark Green
Posted July 9, 2013

API’s new advertising campaign launched this week underscores the broad support in America for construction of the full Keystone XL pipeline. Here’s our new television ad

More »

It’s Time for the Keystone XL Pipeline

oil sands  keystone xl  energy policy  economic benefits 

Mark Green

Mark Green
Posted January 21, 2013

With more than four years of study and review of the Keystone XL pipeline seemingly nearing an end, there’s yet another study depicting jobs and economic benefits – that is, if President Obama will approve construction of the entire project.

This report comes from Creighton University economist Ernie Goss and his team, who project more than 5,000 new jobs a year and millions of dollars in investment in Nebraska from construction of the pipeline. You can read the Goss report here, but a few highlights: 

More »