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Energy Tomorrow Blog

A More Secure Energy Future, an Economic Boom & Jobs – Thanks to American Energy

jobs  american energy  Economy  Energy Security  Environment  keystone xl pipeline 

Mary Leshper

Mary Schaper
Posted February 13, 2014

Fuel Fix Blog: While the January jobs report was a disappointing for the national economy, it brought good news about growth in oil and gas.

About 206,000 employees worked in the oil and gas extraction sector in January, about 1.8 percent more than in December, according to the Bureau of Labor Statistics. Nationwide, total employment was relatively stagnant at a seasonally adjusted 137.5 million.

The employment story was positive across sectors of the energy industry. Manufacturing of petroleum and coal products had 112,700 employees on payrolls, a 1.6 percent increase from December. The chemicals sector grew by 1.2 percent to 796,100 people.

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What They’ve Said About Keystone XL: Build It!

keystone xl pipeline  american energy  Economy  jobs  Energy Security  Environment  oil sands 

Mark Green

Mark Green
Posted February 13, 2014

What They’ve Said About Keystone XL: Build It!

It’s hard to overstate the broad-based nature of political support for the Keystone XL pipeline, support that stems from the project’s benefits: upwards of 830,000 barrels a day of oil from Canada’s oil sands and the U.S. Bakken region, 42,100 jobsduring the pipeline’s construction phase, strengthened energy security – with the Keystone XL playing an integral role in a broad strategy that could see 100 percent of U.S. liquid fuel needs met domestically and from Canada.

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Growth in American Energy and Our Infrastructure Needs

american energy  infrastructure  jobs  keystone xl pipeline  fracking 

Mary Leshper

Mary Schaper
Posted February 12, 2014

Reuters: Freezing temperatures are hampering U.S. natural gas deliveries this winter despite ample production of the heating fuel, exposing weaknesses in a supply network strained by unprecedented demand.

The United States is home to some of the world's largest natural gas deposits and supplies have flooded the market over the last five years, erasing concerns about dwindling output.

But the coldest winter in decades has drained stockpiles quicker than ever, forced rationing, and pushed prices to all-time highs, revealing the difficulties of storing and transporting fuel across the continent.

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Choosing Right on American Energy

american energy  keystone xl pipeline  Economy  jobs  growth  fracking 

Mary Leshper

Mary Schaper
Posted February 11, 2014

Canada's ambassador to the U.S. isn't sugarcoating the diplomatic weight of the looming White House decision on the Keystone XL pipeline. Gary Doer told the news service Platts that he's optimistic about winning approval, while warning that rejection would be "perceived as being political" and "definitely strain" U.S.-Canadian relations. He argued that the project has met the various U.S. benchmarks, citing the State Department's environmental analysis released Jan. 31. 

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The Geopolitical Benefits of American Energy

alternative energy  global energy  fracking  innovation  technology  keystone xl pipeline  jobs  Economy 

Mary Leshper

Mary Schaper
Posted February 10, 2014

How the U.S. Energy Boom is Changing America’s Place in the World 

Time: It wasn’t even five years ago that Iran reelected hardliner Mahmoud Ahmadinejad in a disputed presidential election, openly admitted it was building a uranium enrichment facility and brazenly test-fired missiles capable of hitting targets in Israel. Fast-forward to today: A more conciliatory president, Hassan Rouhani, is making historic overtures toward the West and negotiations are showing rare progress toward containing the country’s nuclear program, which has kept the region—and the world—on edge for years.

The difference, according to former Obama administration National Security Advisor Tom Donilon, can be summed up in one word: “fracking.” That’s hydraulic fracturing, the drilling method that’s helped fuel an unprecedented domestic energy boom in the United States.

“There’s a direct line between the U.S.-led sanctions effort to put pressure on Iran” and the flood of oil and gas coming out of the ground at home due to fracking technology, Donilon said Thursday night at an event announcing a new report from the Center for a New American Security, titled “Energy Rush: Shale Production and U.S. National Security.”

Before the North American energy boom—the largest-ever annual increase in domestic oil production took place in 2012—a harsh sanctions regime against Iran looked more like a suicide pact for the oil-import-dependent U.S. Instead, America’s sudden energy abundance dampened the blow of reduced oil exports to the global economy, making truly harsh sanctions on Iran possible.

Read more: http://ti.me/1eKvYKd 

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Keystone XL: Passing the Emissions Test

keystone xl pipeline  ghg emissions  state department  oil sand production 

Mark Green

Mark Green
Posted February 6, 2014

The folks at the Energy Collective hosted an interesting webchat discussion of the Keystone XL pipeline the other day, a good part of which focused on greenhouse gas emissions from the project and oil sands development – identified by President Obama as a key basis for his pipeline decision.

The big takeaway here: Even at the high end of estimates in the State Department’s latest Keystone XL environmental review, emissions would be a tiny fraction of global totals – hardly proving that the project would significantly exacerbate climate change.


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American Energy is Lowering the Trade Deficit, Boosting Manufacturing, Fueling Innovation

american energy  trade  deficit  keystone xl pipeline  fracking  jobs  Economy 

Mary Leshper

Mary Schaper
Posted February 6, 2014

Trade Gap Shrank in 2013 as U.S. Fuel Exports Climbed

Bloomberg News: The U.S. trade deficit in 2013 was the smallest since 2009, even as it ticked up at year’s end, as rising fuel exports and falling imports propelled the world’s biggest economy further toward energy independence.

The gap narrowed to $471.5 billion last year, the lowest since 2009, from $534.7 billion in 2012, figures from the Commerce Department showed today in Washington. The balance on petroleum products shrank 20.2 percent, also the biggest decline in four years.

Foreign sales went beyond fuel as demand for American-produced foods, capital equipment, autos and consumer goods all climbed to records in 2013, evidence of the rebound in global demand that will probably keep driving exports this year. Another report showing claims for jobless benefits dropped last week points to a healing in the U.S. labor market that will help boost consumer spending, ensuring imports also grow.

“The trade deficit will continue to narrow a bit over the course of 2014, mostly thanks to a smaller petroleum trade deficit,” said Ryan Wang, an economist at HSBC Securities USA Inc. in New York and the second-best trade forecaster over the past two years, according to data compiled by Bloomberg. “We’ll see another year of moderate growth.”

Read more: http://bloom.bg/1lDQLmp


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America’s Choice: Policies, Infrastructure to Boost American Energy

fracking  keystone xl pipeline  jobs  Environment  Energy Security  Economy  infrastructure 

Mary Leshper

Mary Schaper
Posted February 5, 2014

Former Secretary Salazar Boosts Fracking, Keystone XL Pipeline 

Newsworthy today: Former U.S. Secretary of Interior Ken Salazar, speaking at the North American Prospect Expo in Houston, notes  that hydraulic fracturing is, in part, the reason America is enjoying an energy boom that is making the country more energy secure and energy self-sufficient. Salazar

“We know that, from everything we’ve seen, there’s not a single case where hydraulic fracking has created an environmental problem for anyone. We need to make sure that story is told.” 

Salazar also said the Keystone XL pipeline is a ‘win-win” for America: 

“At the end of the day, we are going to be consuming that oil. So is it better for us to get the oil from our good neighbor from the north, or to be bringing it from some place in the Middle East?”

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A 'Year of Action' – On Infrastructure Projects and Job Creation

american energy  Environment  Energy Security  jobs  keystone xl pipeline  infrastructure  fracking  innovation 

Mary Leshper

Mary Schaper
Posted February 4, 2014

Free the Keystone XL Pipeline, Mr. President

Los Angeles Times: Welcome to the "year of action." In last week's State of the Union address, the president vowed to do whatever he has to help the economy, even if that means working around Congress: "What I offer tonight is a set of concrete, practical proposals to speed up growth, strengthen the middle class and build new ladders of opportunity into the middle class. Some require congressional action, and I'm eager to work with all of you. But America does not stand still, and neither will I. So wherever and whenever I can take steps without legislation to expand opportunity for more American families, that's what I'm going to do."

The White House has touted the fact the president has a "phone and a pen" and he's not afraid to use them.

The president also vowed to cut red tape, and not for the first time. In 2013's State of the Union, he insisted that "my administration will keep cutting red tape and speeding up new oil and gas permits." And in 2012: "In the next few weeks, I will sign an executive order clearing away the red tape that slows down too many construction projects."

 

Read more: http://lat.ms/1eRaGFu

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42,100 Reasons to Build the Keystone XL Pipeline

keystone xl pipeline  job creation  economic benefits 

Mark Green

Mark Green
Posted February 4, 2014

President Obama is taking issue with the number of jobs the Keystone XL pipeline would support during its construction phase – 42,100, according to the U.S. State Department environmental review issued last week. During an interview with Fox News’ Bill O’Reilly taped Sunday, the president interrupted when O’Reilly brought up Keystone XL and its potential economic impact:

“Well, first of all, it’s not 42,000. That’s – that’s not correct. It’s a couple of thousand to build the pipeline.”

The remark echoed what the president said to the New York Times last summer and also a line in an economic speech he delivered in Tennessee a few days later – each looking askance at the Keystone XL’s job-creating potential.

With all due respect, 42,100 is the Obama administration’s number – the number of jobs the president’s State Department estimates Keystone XL would support across the U.S. while the pipeline is being built.

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