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Energy Tomorrow Blog

New Study Shows Investments in America’s Future

access  investments  natural gas  offshore drilling  oil 

Mark Green

Mark Green
Posted June 5, 2013

Ernst & Young has a new study detailing $185.6 billion in total capital spending by oil and natural gas companies last year – the largest in the history of the firm’s oil and natural gas reserves study. Marcela Donadio of Ernst & Young:

“The increased exploration and development spend we’re seeing in this year’s study speaks to the incredible opportunity unfolding in tight oil from shale formations and the high cost of developing these unconventional resources.”

The study of U.S. upstream (pre-refinery stage) capital spending by the 50 largest companies (based on 2012 end-of-year oil and natural gas reserve estimates) found a 20 percent increase compared to 2011. Ernst & Young said the increase was largely due to increased tight oil and liquids activity. That refers to development in tight-rock formations, made possible by hydraulic fracturing and horizontal drilling.

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Managing Continuous Improvement in Offshore Safety

offshore drilling  offshore safety 

Mark Green

Mark Green
Posted May 2, 2013

n an interview with Fuel Fix, Charlie Williams, director of the Center for Offshore Safety, fields a question about the perceptions surrounding the safety of drilling operations in the Gulf of Mexico:

“I think the biggest misconception is that not much has been done, when there has been a tremendous amount of effort by the industry and by regulators in moving this forward. … There has been more collaboration, cooperation and improvement in working together to make things better than I think we have ever done before.”

Offshore Safety

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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

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Presidential Politics and Energy Reality

access  domestic energy  energy policy  keystone xl  offshore drilling  permits  regulations  taxes 

Mark Green

Mark Green
Posted October 17, 2012

Energy continues to play a large role in the presidential debates – evidence that both candidates get the importance of reliable, affordable energy for our economy and for making America more secure, now and in the future.

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Safety Management and Deep Water Drilling

offshore drilling  center for offshore safety  access 

Mark Green

Mark Green
Posted October 3, 2012

Here’s the Center for Offshore Safety’s Charlie Williams, telling a CSIS forum this week about industry’s continuing effort to make drilling in the Gulf of Mexico as safe as possible

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The New York Times is Wrong – Again, and Again, and Again

access  anwr  demand  domestic energy  energy policy  federal lands  gulf of mexico  keystone xl  liquid fuel  offshore drilling  onshore drilling  supply  taxes 

Kyle Isakower

Kyle Isakower
Posted August 27, 2012

Ridiculing a New York Times editorial blog is like shooting unusually large fish in a barrel, but this one from last Friday is so fantastical and extreme that a commitment to an honest debate on energy compels me to fire away.  And we don’t have to go far to start the fact check, as they lead with:

"The simple truth, as President Obama has recognized, is that a country that holds less than 3 percent of the world’s reserves but consumes more than 20 percent of the world’s supply cannot drill its way to energy independence."

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