Energy Tomorrow Blog
Posted September 5, 2013
How America’s Oil and Natural Gas Revolution is Helping Consumers and Workers
CNN Money (Daniel Yergin): The rapid rise in shale gas and tight oil in the United States constitutes nothing less than a revolution in oil and natural gas. No longer can there be any doubt about the dramatic change in America's energy position. U.S. oil production is up 50% since 2008, when we were supposedly slated to run out of oil. Natural gas production has increased by 33% since 2005, and shale gas alone now constitutes about 45% of total natural gas production.
This revolution is not just about energy production; it's an economic story along several dimensions, whether measured in consumers' pocketbooks, jobs, U.S. manufacturing output, or America's increased competitiveness in the world economy. This has occurred amid a half-decade of deep recession and high unemployment. Indeed, without the boost from the unconventional oil and gas development, the U.S. economic picture would have looked even worse over the last few years.
Read more: http://bit.ly/15ClGse
Posted September 4, 2013
Posted September 3, 2013
Posted August 30, 2013
Like our “jobs quilt” below? When thinking about the oil and natural gas industry’s contribution to the economy and everyday American life this Labor Day weekend, the 9.8 million jobs supported by the industry come to mind.
The squares in the “quilt” detail industry’s jobs impact in various states – reflecting the fact that the economic lift of oil and natural gas development reaches all 50 states and the District of Columbia, according to a recent PwC report.
Posted August 27, 2013
U.S. Energy Secretary Ernest Moniz emphasized the Obama administration’s commitment to curbing CO2 emissions during an appearance at Columbia University Monday, but he also stressed that energy policies must be grounded in reality:
Posted August 26, 2013
Posted August 20, 2013
Posted August 14, 2013
Posted August 8, 2013
President Obama spent some of his time with Jay Leno on Tuesday night talking about infrastructure jobs and creating opportunity for U.S. workers:
“Middle-class families are still struggling to make sure they can pay for their kids’ college education, they’re still concerned about whether they can retire, and what Washington should be thinking about every single day is how do we make sure we’ve got an economy where, if folks work hard, they find a good job that pays a decent wage, they can send their kids to college, they’ve got health care they can count on, they’re retiring even if they don’t get rich, and we’re creating these ladders of opportunities for people to get into the middle class.”
Posted August 8, 2013
EIA – Today in Energy – Oil and Natural Gas Industry Employment Growing Faster than Private Sector
The U.S. Energy Information Administration reports that from the start of 2007 through the end of 2012, oil and natural gas employment increased 40 percent (more than 162,000 jobs) – compared to 1 percent growth in the total U.S. private sector over the same period.