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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. 

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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 The fear of a crippling dependence on foreign oil that existed in the 1970s, when the export ban was put in place, is no longer applicable today.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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Safe Energy for America’s Future

news  safe operations  fracking  epa  shale energy  keystone xl  alaska  ozone  oil and natural gas development 

Mark Green

Mark Green
Posted July 6, 2015

USA Today (editorial)Fracking — the practice of cracking open underground oil and gas formations with water, sand and chemicals — has rescued U.S. energy production from a dangerous decline. Any debate about banning it should take a hard look at what that would cost the nation and at facts that aren't always part of the discussion.

Those facts are spelled out in a recent report from the Environmental Protection Agency on fracking and groundwater. One of the harshest charges against fracking, often leveled with apocalyptic intensity by its foes, is that it indiscriminately contaminates vital drinking water supplies.

The EPA's timely report essentially said that's overblown.

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Energizing Missouri

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

Reid Porter

Reid Porter
Posted July 6, 2015

Last week, we launched a summer long series of posts that will highlight the economic and jobs impact of energy in each of the 50 states. We started the week with Virginia and continued on with Ohio, Colorado and New Mexico. Today: Missouri.

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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Energy and Happiness

analysis  energy development  economic growth  oil and natural gas  petroleum products  Jack Gerard 

Mark Green

Mark Green
Posted July 3, 2015

What makes you happy? Good health? A pleasing career, your family’s well-being, realizing dreams? There are many things we could list that lead to happiness. One of the glories of America is that it’s up to us as individuals to choose – the search for happiness being fundamental to what it means to be an American.

To help celebrate Independence Day on the Energy Tomorrow Blog, we’ve been talking about the relationship between energy and basic, endowed rightslife, liberty and today: the pursuit of happiness.

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Energy and Liberty

analysis  Jack Gerard  energy  government  regulation  hydraulic fracturing  oil and natural gas  methane emissions  revenue 

Mark Green

Mark Green
Posted July 2, 2015

A few months ago API President and CEO Jack Gerard explained why America is experiencing an energy revolution:

“We got to this era of energy abundance and global energy leadership because of the entrepreneurial spirit of the private sector, the hard work of the American worker and the unique system of private property and individual rights of the American marketplace.”

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Energy – For Life

analysis  energy information administration  fuels  income  oil and natural gas  Jack Gerard  state of american energy  wood mackenzie 

Mark Green

Mark Green
Posted July 1, 2015

This weekend our country celebrates 239 years of independence, as well as our collective belief in equality and unalienable rights – enumerated in the Declaration of Independence as “Life, Liberty and the pursuit of Happiness.” Heading into Independence Day 2015, it’s fitting to draw some connections between American energy and American life, liberty and the pursuit of happiness. Today: life.

It’s hard to imagine modern life – in America or anywhere else for that matter – without liberal access to energy. It’s fundamental to sustaining life as we know it, while also providing fundamental opportunity to people across the globe for whom life is a daily struggle.   Let’s take a look at some charts from Max Roser’s Our World In Data project.  First is global energy use, with energy use starting to grow slowly around the 1900 and then taking off after World War II.

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Energizing Colorado

analysis  colorado  energy  income  oil and natural gas development  regulations  wood mackenzie 

Reid Porter

Reid Porter
Posted July 1, 2015

The energy choices we make in every state individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added. As we continue our state series focusing on how energy impacts each of the 50 states, today’s data comes from Colorado.

The top-line numbers: 213,100 jobs supported statewide, according to PwC; $25 billion added to the state economy and $14.1 billion contributed to the state’s labor income. All are significant drivers for the state’s economy.

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Pro-Development is Pro-Growth

analysis  energy  development  oil and natural gas industry  revenues  regulations  taxes  revenue  wood mackenzie  vote4energy 

Mark Green

Mark Green
Posted June 30, 2015

Wood Mackenzie’s study comparing the effects of pro-development energy policies with those of regulatory-constrained energy policies is really not much of a comparison at all. Pro-development policies would boost U.S. domestic energy supplies and job creation while benefiting American households, the study found. Pro-development policies also would add to economic growth and generate increased revenues for government. Let’s look at those today.

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