Energy Tomorrow Blog
Posted March 18, 2014
Colorado Breaks Nearly 60-Year Record for Oil Production
Denver Business Journal: Colorado’s booming energy industry produced nearly 63.2 million barrels of crude oil in 2013, a new state record for annual oil production, according to a Denver Business Journal review of records from the Colorado Oil and Gas Conservation Commission (COGCC), which oversees the multi-billion dollar industry.
That’s a 28 percent jump from 2012, when the state’s oil and gas wells produced nearly 49.3 million barrels of oil, according to COGCC records.
Posted July 31, 2013
Oil and Gas Journal – Study: U.S. Unconventional Plays Will Help Reduce Imports from Abroad
According to a new Wood Mackenzie study, unconventional oil and natural gas plays will continue to drive US and Canadian production for years. The Bakken and Eagle Ford shale plays are expected to account for more than half of anticipated North America tight oil production volumes of more than 5 million barrels per day by 2019.
CNN Money – Ford to Offer F-150 That Runs on Natural Gas
Ford’s best-selling truck is set to roll out of factories in 2014 with a new option: the pickup can run on liquefied natural gas. The lower cost of natural gas – about the equivalent of $2.11 per gallon of gasoline – means that “customers will be able to save money within 24 to 36 months of ownership, even though they will have to pay nearly $10,000 more for the option.”
Posted July 30, 2013
Hot Air notes that if President Obama is serious about infrastructure improvement and creating middle class jobs, he should look no further than approval of the Keystone XL pipeline.
Forbes – George P. Mitchell: A Visionary Life
Contributor David Blackmon reflects on the “Father of Shale” George Mitchell, who recently passed away at the age of 94. Mitchell is widely credited for the innovations in horizontal drilling and hydraulic fracturing that have led to the U.S. shale revolution.
Posted May 9, 2013
Blogger Mark J. Perry writes about a recent analysis by the Minneapolis Fed that delved into the economic impact of increased shale development in the Bakken area of North Dakota. The report found that counties within 100 miles of the Bakken experienced the next-largest increase in wages and the next-lowest level of unemployment, compared to other counties in the state.
CNBC highlights the surge in natural gas production through hydraulic fracturing in the Marcellus Shale play. The Marcellus "is at the sunrise of this [energy] renaissance. This is going to be just the beginning of an economic juggernaut for the US and Pennsylvania."
Posted May 2, 2012
Posted March 1, 2012
Jane Van Ryan
Posted March 15, 2011
Jane Van Ryan
Posted November 2, 2010
Jane Van Ryan
Posted July 8, 2010