Skip to main content

Energy Tomorrow Blog

Energizing West Virginia

analysis  west virginia  energy development  income  ozone regulations  oil and natural gas development  wood mackenzie  pricewaterhousecoopers 

Reid Porter

Reid Porter
Posted July 9, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with West Virginia. We started our focus on the state level with Virginia on June 29 and continued this week with Missouri, Indiana and North Carolina. 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.

Information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information will be populated on this map as the series continues. 

More »

Energizing Virginia

analysis  virginia  income  oil and natural gas development  regulations  energy  wood mackenzie  pricewaterhousecoopers 

Reid Porter

Reid Porter
Posted June 29, 2015

Here on the blog we regularly point to the national economic and job impacts of energy development: 9.8 million jobs supported, and $1.2 trillion in value added to the economy – accounting for 8 percent of our national GDP. Over the next few weeks we want to bring the focus to the state level, highlighting those impacts in each of the 50 states. We’ll start with … Virginia.

The top-line numbers: more than 141,000 jobs supported statewide, according to PwC ; $12.5 billion added to the state economy; $7.2 billion contributed to the state’s labor income. All are significant drivers for the state’s economy.

More »

Energy – Supporting America’s Strategic Vision

news  energy exports  crude oil  shale energy  climate change  electricity  virginia 

Mark Green

Mark Green
Posted May 28, 2015

Time: As the battle wages on in Congress over President Barack Obama’s signature trade agreements and the needed fast-track trade promotion authority (TPA), the president would be wise to consider alternatives that would enhance his trade legacy and also further our strategic priorities overseas. While energy is not included in the Trans-Pacific Partnership (TPP) or Transatlantic Trade and Investment Partnership (T-TIP) negotiations, many of the same Asian, European, and Latin American partners are calling for greater partnership with the United States on energy issues. By allowing the U.S. to become a stable source of supply to global energy markets, counteracting supply disruptions that will inevitably affect other energy-rich regions, President Obama and Congress can double down on promoting long-term economic growth and reinforcing U.S. foreign policy leadership.

The U.S. can do more with its energy resources to support this strategic vision. A direct way of leveraging this opportunity is to lift the ban on the export of crude oil and accelerate approvals for the export of liquefied natural gas (LNG). A series of policies and laws in the 1970s banned exports of U.S. crude oil with only limited exceptions. This ban is a relic from an age of energy scarcity and should be adjusted to reflect present realities. By working with Congress, and via executive order, the president can start taking steps today to boost U.S. exports.

More »

Offshore Energy and Virginia

offshore development  virginia offshore drilling  oil and natural gas access  job creation  government revenues  economic growth  interior department 

Mark Green

Mark Green
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.

More »

U.S. Energy: For Jobs, and Opportunity

american energy  jobs  Economy  virginia  ohio  louisiana  north dakota  e15 

Mary Leshper

Mary Schaper
Posted August 19, 2014

Daily Press (Newport News, Va.) Editorial: With thoughtful planning and focused leadership, Virginia could be a titan of production and one the most important states for energy on the East Coast. Our natural resources have the commonwealth poised to be a national leader in energy, and properly utilizing them could create thousands of jobs and generate billions in revenue.

It is challenging to strike a balance between traditional energy sources, such as coal, oil and natural gas, and emerging renewables like wind and biomass. The Virginia Energy Plan, updated every four years by the Department of Mines, Minerals and Energy, serves as a guide.

More »

Virginia is For Energy Lovers

virginia  offshore energy  economic benefits  infrastructure  oil and natural gas development 

Mark Green

Mark Green
Posted April 28, 2014

Virginia is for lovers – of domestic oil and natural gas production and investments in energy infrastructure. That’s what you see in a recent Harris Poll of registered voters in the commonwealth: Strong support for developing domestic oil and natural gas, including offshore reserves, as well as increased spending on infrastructure.

Some of the numbers:

  • 80 percent support increased production of domestic oil and natural gas reserves. Just 11 percent oppose.
  • 89 percent support increased development of U.S. energy infrastructure.
  • 94 percent agree increased domestic oil and natural gas output could help strengthen America’s energy security.
  • 91 percent agree increased domestic oil and natural gas production could help stimulate the economy.

And so it goes – with similar, slam-dunk margins on other questions, from benefits to U.S. consumers to economic growth.

More »

What’s Fueling State Economies and Jobs Across the Country? Energy.

texas  pennsylvania  west virginia  alaska  wyoming  ohio  Economy  jobs  lng 

Mary Leshper

Mary Schaper
Posted April 15, 2014

Reading through the news-clips today one big message stood out: Energy is delivering promise and opportunity for states across the country. American energy is boosting local economies – from creating jobs to providing the energy we need. Take a look at what’s happening in energy in your state:

More »

Stepping Forward on Offshore Drilling

drilling  offshore access  offshore drilling  virginia offshore drilling 

Mark Green

Mark Green
Posted April 26, 2013

Take a look at the map below, one we’ve used before to show the vastness of America’s offshore oil and natural gas reserves – the overwhelming majority of which (in red) that’s off-limits for development.

offshore access

More »

Building on the Shale Revolution

hydraulic fracturing  ohio  pennsylvania  west virginia 

Jack Gerard

Jack Gerard
Posted October 4, 2011

It's hard to overstate the impact of the shale energy revolution in this country, spurred by fracturing technology and innovations in horizontal drilling. It's a revolution marked by dynamic economic growth, job creation and, of course the energy to drive our country's future.

More »