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Energy Tomorrow Blog

Lots of Shale Output, Lots of Well-Paying Jobs

shale gas drilling  shale jobs  petroleum engineering  hydraulic fracturing 

Mark Green

Mark Green
Posted October 23, 2013

Good-news posts are better than good. They’re great. What follows is double-barrel oil and natural gas good news – starting with data from the U.S. Energy Information Administration (EIA) on North American natural gas production from shale. The short story: North America is No. 1 in the world.

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Shale Development in Perspective: Economic Benefits, Jobs, Increased Energy Security

Economy  jobs  Energy Security  hydraulic fracturing  engineers  lng exports 

Mary Leshper

Mary Schaper
Posted October 23, 2013

Marcellus Shale Gas Growing Faster than Expected

Wall Street Journal: PITTSBURGH — Natural gas production from the Marcellus Shale region is growing faster than expected, according to a new federal report issued Tuesday.

Marcellus production has now reached 12 billion cubic feet a day, the Energy Information Administration report found. That's the energy equivalent of about 2 million barrels of oil a day, and more than six times the 2009 production rate.

For perspective, if the Marcellus Shale region were a country, its natural gas production would rank eighth in the world. The Marcellus now produces more natural gas than Saudi Arabia, and that glut has led to wholesale prices here that are about one-quarter of those in Japan, for example.
 
Read more: http://on.wsj.com/1cedUYl

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A Plan for America’s Offshore Energy Future

offshore access  offshore development  american energy  Economy  jobs  gulf leases  revenue 

Mary Leshper

Mary Schaper
Posted October 22, 2013

Domestic oil and natural gas development is a key driver of America’s economy and global energy security, API’s director of upstream and industry operations Erik Milito told reporters yesterday. Access to offshore resources currently off-limits in the Atlantic, Pacific and Eastern Gulf of Mexico  could supply even more of the energy and jobs Americans need. Milito:

“Americans are eager to put more of our offshore energy resources to work. If exploration and development is allowed to safely expand to new areas, domestic oil and natural gas could provide more energy, jobs and government revenue than ever before.”

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Lessons for U.S. Energy Policy

energy markets  global energy  energy poicy  ethanol  renewable fuel standard  pennsylvania  jobs 

Mary Leshper

Mary Schaper
Posted October 16, 2013

U.S. Becomes World’s Top Oil Producer in 2013, Group Says

Bloomberg: The U.S. is expected to overtake Saudi Arabia as the world biggest total supplier of oil this year when natural gas liquids and biofuels are added to crude, PIRA Energy Group said.

 

The U.S. is projected to produce an average of 12.1 million barrels a day of liquids in 2013, 300,000 barrels a day higher than Saudi Arabia and 1.6 million more than Russia, according to data presented at PIRA’s Retainer Client Seminar Oct. 10 and Oct. 11 in New York.

 

The U.S. position has improved because of surging “shale oil” output, the New York-based energy consultant said. The combination of horizontal drilling and hydraulic fracturing, or fracking, has unlocked supplies in shale formations in the central part of the country. Shale liquids output has climbed 3.2 million barrels a day in the last four years, the biggest gain since Saudi Arabia raised production between 1970 and 1974.

 

“This isn’t a big surprise but notable all the same,” said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts. “This is another sign of the successful story that is horizontal drilling.”

 

Read more: http://bloom.bg/1fDiyzu

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VIDEO: Fueling American Job Creation

jobs  access  Economy 

Mark Green

Mark Green
Posted October 15, 2013

Fuel Fix.com has an article about a new report showing the U.S. oil and natural gas industry is simply booming in terms of job creation:

The U.S. oil and gas industry added new jobs faster than the total private sector during the year that ended in June, jumping 2.6 percent over the previous year and pushing the industry’s roster past 1 million jobs nationwide, according to a new report.

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America’s Energy Milestones – Thanks to Hydraulic Fracturing

hydraulic fracturing  fracking  Economy  american energy  jobs  global markets 

Mary Leshper

Mary Schaper
Posted October 14, 2013

Central Europe is a Ready market for U.S. Natural Gas

Washington Post: The global economy is still struggling to overcome the effects of the recession sparked by the 2008 financial crisis. But energy — in particular, shale gas exploration — has become one of the strongest engines for the U.S. economy.

U.S. natural gas production has increased by one-fourth in the past five years, according to the Energy Information Administration; it has created 600,000 jobs since 2009 and helped drive down gas prices for millions of Americans. Moreover, the United States is now in a position to export gas. This surplus creates opportunities for the United States to again be a geopolitical player in Europe.

While U.S. officials ponder their approach to Syria, the larger Middle East and Central Asia, they need look no farther than Central Europe and the “Visegrád Four” (Hungary, Poland, the Czech Republic and Slovakia) to find some of the United States’ most passionate allies. 

Read more: http://wapo.st/17039Xv  

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New Map Tool Tracks LNG Export Issue

Economy  jobs  lng exports 

Mark Green

Mark Green
Posted October 10, 2013

Check out API’s new web-based interactive map that can be used to track U.S. liquefied natural gas (LNG) export projects, including those waiting for federal approval.  The map shows the location of the proposed projects, and clicking on the respective balloons opens a window with detailed information about the project’s export capacity, jobs that could be created, capital investment and more. Shrink the map down a bit and you can see proposed international LNG export projects.

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What is Fracking?

jobs  Energy Security  economic benefits  fracking  hydraulic fracturing  hydrofracking  shale energy 

Mark Green

Mark Green
Posted October 8, 2013

Hydraulic fracturing and horizontal drilling are safely unlocking vast U.S. reserves of oil and natural gas found in shale and other tight-rock formations. Developing energy from shale is an advanced process that uses the latest drilling technologies and equipment. Click here for a video showing how this process works, and visit Energy From Shale.org to learn more about America’s shale energy revolution. As for what fracking means to the United States – the answers, in charts.

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We're No. 1!

Energy Security  Economy  jobs  access 

Mark Green

Mark Green
Posted October 4, 2013

Two charts and some incredible, bordering on the unbelievable, good news for America’s energy present and future, as well as our security in the decades to come.

First, a familiar chart below from the U.S. Energy Information Administration (EIA) Annual Energy Outlook for 2013. It shows that our wonderful, modern economy – which makes us strong as a nation while providing opportunity for individuals and families to grow and prosper – is primarily fueled by oil and natural gas (62 percent) and will be in the foreseeable future. EIA projects that oil and natural gas will supply 60 percent of our energy in 2040 – reliable, abundant fuels that make our livesmore comfortable, healthier and mobile.

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American-Made Energy Changing the Global Market

keystone xl  jobs  manufacturing  eagle ford shale  lng exports 

Mary Leshper

Mary Schaper
Posted September 25, 2013

Guest Editorial: Keystone Pipeline System Operating for Years

Sun Advocate: Here's a little-known fact: The Keystone pipeline system has been transporting oil sands from Canada to U.S. refineries in the Midwest for three years -- with no major leaks and, more importantly, no major complaints from environmentalists. …

The fact is that the Keystone XL pipeline is simply an extension of an already existing program that is working well, creating jobs and expanding U.S. manufacturing. It should be an easy, and quick, decision for any president concerned about the economy.

Read more: http://bit.ly/15tQTxq

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