Energy Tomorrow Blog
Posted August 24, 2015
Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Kentucky. We started the series with Virginia on June 29. 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 Kentucky, 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 June 24, 2015
A few observations on an Energy Department-funded study that reportedly asserts Canadian oil sands will yield significantly greater emissions than conventional crude oil. We say “reportedly,” because the study itself isn’t out yet, just the abstract. Even so, the Wall Street Journal breathlessly says the “findings provide ammunition to foes of the proposed Keystone XL pipeline and other critics of surging Canadian oil output.”
Now, take a deep breath.
We’ve posted on this claim before. President Obama brought it up a couple months ago to justify more than six years of delaying a decision on the Keystone XL pipeline by the White House. Certainly, assigning alarming greenhouse gas (GHG) emissions to oil sands boosts an anti-KXL, anti-oil sands position. But it’s a faulty comparison.
Posted January 15, 2015
As we look at the Obama administration’s plan to impose new regulations on methane emissions from oil and natural gas operations, some important points.
First, when it comes to methane emissions, the White House is focusing on a relatively small piece of the big picture. Data from EPA’s Greenhouse Gas Reporting Program shows that methane emissions from natural gas and petroleum systems (161.6 million metric tons of carbon dioxide equivalent) represent just 28.5 percent of total methane emissions (567.3 million metric tons CO2 equivalent). That’s a fairly small wedge in the overall pie.
Posted April 3, 2014
A competitive marketplace is the sowing field for innovation and investment. Look no further than the advanced hydraulic fracturing and horizontal drilling that launched America’s ongoing shale energy revolution. Shale development features cutting-edge technology to increase output and efficiency and to make operations as safe and clean as possible. An example of this can be found in methane emissions.
While some call for government-directed efforts to reduce emissions, industry already is on this – through its own leadership and investments – and is achieving good results.
Posted February 28, 2014
The scope of shale energy’s benefits and their impact on the United States – jobs, economic stimulus and increased energy security – seems ever-expanding. Speakers at Bloomberg’s “Energy 2020” event described energy reserves large enough and technologies so advanced that Americans can contemplate a far friendlier future than would have been possible just a few years ago.
GE Chairman and CEO Jeffrey Immelt:
“A lot is taking place in natural gas. People historically have viewed this as a transition fuel. Now it’s becoming more of a baseload fuel. There’s more supply diversity, it’s viewed incrementally as cleaner and an interim solution to environmental issues. We see that taking place.”
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.
Posted October 1, 2013
Jobs, U.S. energy security and regulation are leading the discussion at the North American Gas Forum (NAGF) this week in Washington. The NAGF is a gathering of regional natural gas industry members -- primarily focused on issues that affect the distribution and use of natural gas domestically and globally. Highlights from the two-day meeting:
- Because of vast shale reserves, the U.S. has a chance to be more secure in the future through safe, reliable supplies of North American energy.
ICF International's Kevin Petak predicted the Marcellus Shale Play will become a "juggernaut," producing more than 20 million cubic feet of natural gas per day by 2035. The U.S. Energy Information Administration's Howard Gruenspecht said U.S. natural gas production is expected to outpace domestic consumption and that the U.S. could become a net exporter by 2040.
Posted August 2, 2012
Posted May 23, 2012