Energy Tomorrow Blog
Posted February 11, 2015
With federal officials holding one in a series of public hearings on the Obama administration’s draft offshore oil and natural gas leasing program today in Norfolk, Va., it’s worth underscoring the benefits that offshore energy could bring to the commonwealth.
These include 25,000 jobs by 2035, according to a study by Quest Offshore Resources, and nearly $1.9 billion for the state’s budget by 2035, with revenue sharing in place.
oil and natural gas development safe operations leasing plan offshore drilling economic benefits atlantic ocs gulf of mexico alaska pacific outer continental shelf ocs interior department boem federal leases
Posted January 28, 2015
Three maps, two views of America’s offshore energy wealth.
One reflects vast offshore oil and natural gas resource potential – nearly 50 billion barrels of oil and more than 200 trillion cubic feet of natural gas. We say potential because these areas represent the 87 percent of America’s federal offshore acreage that has been closed to exploration and development, dwarfing the areas where development is allowed.
Nonetheless, what’s visible is the profile of an offshore energy giant, an offshore superpower. This is energy muscle waiting to be flexed. These are resources that could benefit Americans in terms of energy security, as more oil and natural gas is safely and responsibly produced right here at home, as well as job creation and economic stimulus.
That’s what energy superpowers do. They develop their resources to increase their security in a world where secure energy is fundamental to overall security. They develop their resources to fuel economic growth and to help ensure the prosperity of their citizens.
Posted December 1, 2014
There’s a new global energy order – with the United States at the hub. That’s the assessment in a number of articles following last week’s meeting of oil-exporting countries.
The benefits to America are manifold. The U.S. as global energy’s new center of gravity means economic strength here at home through jobs, consumer benefits and greater energy security, and the opportunity to project positive American values abroad – by impacting global markets as discussed above and by helping friends overseas through energy exports. All result from America’s energy revolution, built on safe development of oil and natural gas reserves from shale and other tight-rock with advanced hydraulic fracturing and horizontal drilling.
Posted April 21, 2014
I sat in on a luncheon briefing for reporters last week that featured Charlie Williams, executive director of the Center for Offshore Safety (COS), which focuses exclusively on enhancing the safety of offshore oil and natural gas.
Williams, a long-time engineer with Shell before agreeing to lead the COS, talked about the center’s activities in interesting detail – all designed to ensure a continuing culture of safety in offshore energy operations. It starts with recognizing where threats to safety come from and erecting barriers to those threats, he said.
Posted December 13, 2013
Last week we posted on a new study showing tremendous economic and energy benefits to opening the U.S. Atlantic Outer Continental Shelf (OCS) to offshore oil and natural gas development. The folks at the National Ocean Industries Association have a video out that captures the study’s highlights in a little over a minute.
Posted November 12, 2013
Ethanol Investigation: The Dirty Cost of the Green Power Push
Associated Press: CORYDON, Iowa — The hills of southern Iowa bear the scars of America's push for green energy: The brown gashes where rain has washed away the soil. The polluted streams that dump fertilizer into the water supply.
Even the cemetery that disappeared like an apparition into a cornfield.
It wasn't supposed to be this way.
With the Iowa political caucuses on the horizon in 2007, presidential candidate Barack Obama made homegrown corn a centerpiece of his plan to slow global warming. And when President George W. Bush signed a law that year requiring oil companies to add billions of gallons of ethanol to their gasoline each year, Bush predicted it would make the country "stronger, cleaner and more secure."
But the ethanol era has proven far more damaging to the environment than politicians promised and much worse than the government admits today.
Posted October 28, 2013
This summer we posted on Anadarko’s Lucius spar, the 605-foot-long steel tube that would support the company’s newest Gulf of Mexico production platform. Now Anadarko has released three videos of operations to tow the 23,000-ton spar 340 miles southeast of Corpus Christi, Texas, where it was erected in more than 7,000 feet of water and will be fitted with its topsides – the platform the company expects will begin producing oil the second half of next year. This is must-see video.
Posted October 17, 2013
Three more polls, three more states where strong majorities support oil and natural gas drilling off America’s coasts – for jobs, a stronger economy and a more-secure energy future.
Harris Interactive surveys conducted in Florida, North Carolina and South Carolina found support for offshore drilling among registered voters ranged from 64 percent (Florida) to 77 percent (South Carolina). As was true earlier this week in a poll of Virginia voters on offshore drilling, developing offshore energy goes along with the belief that more access to U.S. energy reserves and more drilling will lead to significant economic benefits and increased U.S. energy security.
Posted October 15, 2013
Virginia is among Mid-Atlantic states under federal consideration for offshore seismic surveying for oil and natural gas. Policymakers should be mindful of a new poll showing that a wide majority of Virginians – 67 percent – favor offshore drilling, as well as increased production of domestic oil and natural gas overall.
Posted July 22, 2013
Think of Anadarko Petroleum’s Lucius spar, the steel tube that will support the company’s newest Gulf of Mexico production platform, as a soda can floating in the ocean. A 23,000-ton soda can.
Company officials showed off the spar earlier this month at Kiewit Offshore Service’s fabrication yard in Ingleside, Texas, across the bay from Corpus Christi.