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Energy Tomorrow Blog

Energizing Delaware

analysis  delaware  energy development  income  oil and natural gas development  pricewaterhousecoopers  regulation  wood mackenzie 

Reid Porter

Reid Porter
Posted July 15, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Delaware. We started our focus on the state level with Virginia on June 29 and began this week with Wisconsin and Connecticut. 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. 

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Action Item: U.S. Oil Exports

analysis  crude oil  energy exports  global markets  domestic production 

Mark Green

Mark Green
Posted July 14, 2015

A potential nuclear deal with Iran that would permit the Iranians to resume exporting crude oil to global markets – short-term and long-term – underscores questions about our own oil export policies. Here are two: What are the implications of Iranian crude oil exports for U.S. production? And: When will our government lift de facto sanctions against the export of U.S. oil?

Bloomberg reports that Iran’s oil minister says the country can increase exports by 500,000 barrels a day as soon as economic sanctions are lifted, then an additional 500,000 barrels a day in the following six months. Richard Nephew of Columbia University’s Center on Global Energy Policy is less optimistic about that kind of ramp-up. The U.S. Energy Information Administration (EIA) has said Iran could reach 700,000 barrels per day by the end of 2016.

The point is, if there’s a nuclear deal that lifts economic sanctions against Iran, Iranian oil will be getting to market.

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Energizing Connecticut

analysis  connecticut  energy development  income  oil and natural gas development  pricewaterhousecoopers  regulation  wood mackenzie 

Reid Porter

Reid Porter
Posted July 14, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Connecticut. We started our focus on the state level with Virginia on June 29 and began this week with Wisconsin. 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. 

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Energizing Wisconsin

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

Reid Porter

Reid Porter
Posted July 13, 2015

Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Wisconsin. 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. 

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U.S. Oil Exports: ‘The World Will Be a Safer Place’

analysis  energy exports  crude oil  production  economic benefits  american petroleum institute 

Mark Green

Mark Green
Posted July 10, 2015

The compelling case for lifting America’s decades-old ban on exporting domestic crude oil is multi-faceted.

There's the economic case, with NERA Economic Consulting estimated that lifting the ban could add $200 billion to $1.8 trillion to the U.S. economy between now and 2039. There's the case for consumers, with a variety of studies indicating that lifting the ban could lower prices at the fuel pump from 1.7 cents per gallon to up to 12 cents per gallon. There's the foreign policy case and the way home-grown crude oil could affect global relationships, helping allies and potentially neutralizing the ability of adversaries to use energy as a diplomatic weapon. Then there's the energy case. Domestic production, spurred by greater access to global crude markets, could grow by 2.1 million barrels per day to 4.3 million barrels per day over levels under the status quo, according to NERA.  

Certainly, each of these was argued again at a pair of Capitol Hill hearings, one by the House Agriculture Committee (video) and another by the Energy and Commerce Committee’s Energy and Power Subcommittee  (video).

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Energizing California

analysis  california  crude oil exports  energy development  income  oil and natural gas development  regulations  pricewaterhousecoopers  wood mackenzie 

Reid Porter

Reid Porter
Posted July 10, 2015

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

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Energy and Land

analysis  wind energy  shale energy  natural gas wells  renewable energy 

Mark Green

Mark Green
Posted July 9, 2015

So, Facebook has posted an announcement that its newest data center near Fort Worth will be 100 percent powered by a wind farm that’s being built near Wichita Falls, Texas. Of the wind farm Facebook says:

Construction on the project is already under way on a 17,000-acre site in Clay County, just 90 miles from the data center, and we expect it to begin delivering clean energy to the grid by 2016. 200 MW is more energy than we will need for the foreseeable future, and we're proud to have played a role in bringing this project to Texas.

No question, this is a good example of one way that big wind figures into an all-of-the-above approach to energy – one in which America ensures its energy security into the future by harnessing all available energy sources.

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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. 

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Harnessing American Energy

news  energy exports  fracking  oil and natural gas development  russia  regulation  saudi arabia 

Mark Green

Mark Green
Posted July 7, 2015

Roll Call (Reps. Joe L. Barton and Henry Cuellar)The advantages of lifting the ban on crude oil exports are not just theoretical talking points discussed in the halls of Congress, but rather supported by a large and growing body of research by government agencies, academic institutions and think tanks across the political spectrum. The latest is a study released by the Harvard Business School and the Boston Consulting Group. It highlights the obvious benefits lifting the ban will have on American families and businesses, our economy and global allies.

The study discusses the changing U.S. energy landscape and the opportunities made possible by America’s new energy abundance. The fear of a crippling dependence on foreign oil that existed in the 1970s, when the export ban was put in place, is no longer applicable today. In fact, the U.S. is now the world’s top petroleum producer largely due to our recent ability to produce oil and natural gas from shale formations. The world has changed drastically in the past 40 years and it is time for our policies to accurately reflect the current conditions in which we now live. We must embrace the United States’ new leading role on the world energy stage and recognize the value it would create in our everyday lives.

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Energizing Indiana

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

Reid Porter

Reid Porter
Posted July 7, 2015

Last week, we launched a series of posts that, over the next few weeks, will highlight the economic and jobs impact of energy in each of the 50 states. The series started with Virginia, Ohio, Colorado, and New Mexico . Yesterday, we looked at Missouri. Today: Indiana.

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.

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