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Energy Tomorrow Blog

Offshore Energy and South Carolina

offshore development  offshore drilling  south carolina  Energy Security  Economy  jobs  Offshore Production  Environment 

Mark Green

Mark Green
Posted February 20, 2015

Federal officials continue to hold public hearings on a draft offshore oil and natural gas leasing program that, when finalized, would largely determine where offshore energy development can occur from 2017 to 2022. Given the lead times needed for offshore development, the federal leasing program is vitally important to America’s energy production and energy security. Safe offshore development benefits the country but especially states that would host operations in their coastal waters. We’ve looked at how offshore oil and natural gas development would benefit Virginia and North Carolina – in terms of jobs and revenues generated for state budgets. Today, South Carolina.

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No More Excuses on Keystone XL, and More

keystone xl pipeline  oil sands  Economy  Energy Security  Environment  jobs  trade  lng exports 

Mary Leshper

Mary Schaper
Posted January 9, 2015

The Hill: The Nebraska Supreme Court on Friday struck down a lower court's challenge to the controversial Keystone XL pipeline, handing a key victory to proponents of the project. The decision overturns a lower court's ruling that had sided with landowners challenging Keystone's path through Nebraska. The lower court said a 2012 law that allowed Nebraska Gov. Dave Heineman (R) to greenlight the route was against the state's constitution.

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New York is Losing Out on the Energy Revolution

fracking  Economy  jobs  Environment  new york  new york moratorium 

Mary Leshper

Mary Schaper
Posted December 18, 2014

Yesterday, New York Gov. Cuomo’s administration issued a statewide ban on fracking, a move that denies New Yorkers – especially landowners in the Southern Tier –benefits associated with the drilling method that’s driving America’s energy revolution.

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It’s Time to Build the Keystone XL Pipeline

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

Mary Leshper

Mary Schaper
Posted November 18, 2014

Ahead of the Senate’s vote this evening on legislation that would approve the Keystone XL pipeline project, the 1,779 mile oil pipeline project has dominated energy news today. While the Senate floor continues to see debate, and the vote looks very close, here’s what we’re reading:

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Energy in the 114th Congress

american energy  Economy  Energy Security  Environment  jobs 

Mary Leshper

Mary Schaper
Posted November 5, 2014

Wall Street Journal: Next year’s GOP-controlled Senate is expected to come out strongly against President Barack Obama ’s most consequential energy and environment policies, with the likely majority leader, Mitch McConnell of Kentucky, vowing to hold votes on the Keystone XL pipeline and legislation to pare back the administration’s proposed carbon emissions rules.

 

It is an open question how much headway Republicans can make, given the Senate’s 60-vote procedural threshold and the threat of a presidential veto. But centrist Democrats with home-state energy interests could align with Republicans to create bipartisan majorities on bills that Senate Majority Leader Harry Reid (D., Nev.) didn’t want to bring to the floor, including approving the Keystone XL pipeline, curtailing Environmental Protection Agency rules to cut carbon emissions and expediting federal reviews of natural-gas exports. The votes would put senators on the record in a way Mr. Reid often avoided.

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Choosing American Energy This Election

american energy  Economy  Energy Security  Environment  jobs 

Mary Leshper

Mary Schaper
Posted November 3, 2014

The Hill (Jack Gerard): With zero precincts reporting, we can confidently project American energy is a landslide winner in the 2014 midterm elections.

 

In many races, both Republican and Democratic candidates have gone out of their way this year to embrace pro-energy policies – to the point that it’s been almost impossible to tell who’s wearing red or blue on the campaign trail.

 

“When I disagree with the president, I stand up to him. Whether it is on oil or support for the Keystone XL pipeline.” That’s Virginia Democratic Sen. Mark Warner.  In North Carolina’s Senate race, Democratic Sen. Kay Hagan made a point of saying “I disagree with the president. I think we need to build the Keystone pipeline.” That’s one thing she has in common with her Republican opponent, Thom Tillis, who states, “I strongly support the construction of the Keystone pipeline and favor expanding offshore drilling to make our nation less dependent on foreign oil.

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40 Years Of Energy Data

Energy Efficiency  Energy 101  Economy  Energy Security  Environment  jobs  alternative energy 

Mark Green

Mark Green
Posted October 29, 2014

October marks a birthday for our friends at the U.S. Energy Information Administration (EIA). Forty years ago, October 1974, EIA issued its first Monthly Energy Review (MER) – a report loaded with energy-related data and charts that’s a must-read for folks who follow energy issues. EIA Chief Adam Sieminski:

That first MER was under 50 pages and featured 3 years of data focused on fossil fuels.  Today, the MER is four times as large, features data extending back 65 years, and contains information on renewable energy, emissions, energy consumption by sector, and a host of other critical subjects. In a vastly more complex energy environment, the MER continues to integrate many kinds of energy data from a wide variety of sources into one product that provides policymakers, journalists, analysts, and other concerned citizens with a comprehensive look at integrated energy data in the United States.

Certainly, much has changed over four decades. America’s energy outlook has pivoted almost 180 degrees. Check out this snippet from that October 1974 inaugural issue of MER:

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Our Energy, Real Benefits

Energy Security  Environment  jobs  exports  prices 

Mary Leshper

Mary Schaper
Posted October 20, 2014

Shale Boom Helping American Consumers as Never Before

Bloomberg: Oil traders might see the 27 percent slide in global prices as a bear market. For U.S. consumers, it’s more like an early holiday gift.

shale energy

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America's Amazing Shale Revolution

Economy  Environment  Energy Efficiency  jobs  fracking 

Mary Leshper

Mary Schaper
Posted October 16, 2014

More Precise, Efficient Drilling Makes U.S. World’s Largest Petroleum Producer

 

AEI Carpe Diem Blog: The Department of Energy (EIA) video above explains how the steadily increasing productivity of oil and natural gas wells in the US — thanks to the increasing precision and efficiency of horizontal drilling and hydraulic fracturing — is increasing US oil and gas production. The shale revolution has increased domestic energy production so much in recent years that the US is now the world’s largest producer of petroleum products and natural gas combined.


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American Energy is Boosting our Economy

Economy  Energy Security  jobs  american energy  fracking  Environment 

Mary Leshper

Mary Schaper
Posted September 29, 2014

Washington Post (Robert J. Samuelson): One of the economy’s good-news stories is the oil boom, a derivative of the natural gas boom. When the drilling techniques used to tap vast new reservoirs of natural gas were applied to oil, they yielded similarly astounding results. Since 2008, U.S. oil production has increased from 5 million barrels a day (mbd) to 8.3 mbd in 2014. The U.S. Energy Information Administration says it could go to 9.6 mbd by 2019.

By all logic, we should be working to sustain the boom. We aren’t, and therein lies a classic example of how good policy is held hostage to bad politics and public relations. What would promote continued exploration is a lifting of the current U.S. ban on exporting crude oil. Let producers sell into the world market. But that seems (wrongly) an unjustified giveaway to industry. The public perceptions are atrocious.

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