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Energy Tomorrow Blog

Oil Company Earnings Surprising? No.

demand  earnings  energy reality  supply 

Jane Van Ryan

Jane Van Ryan
Posted July 30, 2009

The headline on the USA Today Web site reads, "ExxonMobil 2Q profit falls a surprising 66%." But in actuality, oil company second quarter earnings reports shouldn't be a surprise to anyone. 

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A Career in Oil and Natural Gas--Unprecedented Opportunity

demand  employment  energy  engineers 

Jane Van Ryan

Jane Van Ryan
Posted July 30, 2009

Thinking about a career in the oil and natural gas industry? The summer 2009 Salary Survey report from the National Association of Colleges and Employers (NACE) shows that petroleum engineers are pulling in the highest starting salaries. 


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Legal Limbo Relief

domestic energy  drilling  energy development  leasing  offshore drilling 

Mark Green

Mark Green
Posted July 29, 2009

In a move that relieves some of the legal worries about offshore oil and natural gas development, the U.S. Court of Appeals for the District of Columbia has ruled that the 2007-2012 offshore leasing plan can move forward uninterrupted.

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Halting Proven Energy Technologies?

domestic energy  energy  energy development  hydraulic fracturing  over regulation  revenue  technology 

Jane Van Ryan

Jane Van Ryan
Posted July 29, 2009

In a recent Houston Chronicle op-ed, Richard Burleson, managing partner of Houston-based and energy-focused law firm Burleson Cooke L.L.P., cautions the administration and Congress against over-regulating hydraulic fracturing. As we've explained in this blog, hydraulic fracturing is a process where fluid is pumped under pressure down through the wellbore to make tiny fissures in the rock, allowing natural gas and oil to flow more easily up through the well. 

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Better than Winning the Lottery

domestic energy  energy  natural gas  revenue  taxes 

Jane Van Ryan

Jane Van Ryan
Posted July 28, 2009

Pennsylvanians are sitting on a buried treasure. It's called the Marcellus Shale formation, and a new study quantifies its potential impact on the state's economy and jobs. According to the study, the state's economy will receive an infusion of $14.17 billion in 2010 due to Marcellus Shale natural gas development, creating more than 98,000 jobs and generating $800 million in state and local tax revenue. 

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Climate Bill = Higher Diesel Prices

climate bill  diesel  energy  energy policy  over regulation  waxman-markey 

Jane Van Ryan

Jane Van Ryan
Posted July 27, 2009

The House-passed climate bill is one of the most complicated and costly bills ever considered by Congress. At more than 1,400 pages, it's even longer than War and Peace. Yet, there's a portion of the U.S. economy that is being short-changed by the measure--transportation, one of the most vital sectors of the economy and the American way of life. Our transportation system of roads, trains, buses, cars, trucks and airplanes makes it possible to get to work, to school, to church, vacation, and perhaps most importantly, to attend the most important milestones in our family's lives--births, graduations, and weddings. - See more at: http://energytomorrow.org/blog/author/13/P595#sthash.ZXzOdyk4.dpuf

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Oil Sands Emissions Comparable to Other Crude Oils

cogeneration  crude oil  domestic energy  efficiency  emissions  energy  oil sands 

Jane Van Ryan

Jane Van Ryan
Posted July 27, 2009

Two new independent studies commissioned by the Alberta Energy Research Institute (AERI) have found that emissions from producing, transporting and refining oil sands are not significantly higher than emissions from other forms of crude oil refined in the United States. The studies found that direct greenhouse gas emissions from oil-sands derived crude oils are generally 10 percent higher, but when cogeneration is taken into consideration, the difference disappears. 

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Offshore Legal Limbo

domestic energy  exploration  leasing  production 

Jane Van Ryan

Jane Van Ryan
Posted July 24, 2009

Put yourself in this situation. You decide to build your Dream Home. You buy the perfect lot, hire a general contractor and receive your first shipment of lumber. Then, just as the cement truck is preparing to pour the foundation, you learn that there's been a legal glitch--you might not own the lot after all. What would you do? You've already spent a sizable amount of money, and you don't know whether you'll ever be able to build your house. 

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Developing California's Offshore Resources: More Revenue, Jobs, Energy Security

access  domestic energy  drilling  energy development 

Mark Green

Mark Green
Posted July 23, 2009

California wisely has decided to use a portion of its abundant natural resources to pay for services to its citizens. An estimated $1.8 billion in state royalty payments are expected over the life of developing these resources, and the funds will help defray the state's budget shortfall as well as increase our nation's energy security.

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Debunking the Numbers

domestic energy  efficiency  energy  energy development  energy production  energy reality  exploration 

Jane Van Ryan

Jane Van Ryan
Posted July 23, 2009

Individuals who oppose U.S. oil and natural gas development often cite the following sentence: "The United States represents 5 percent of the world's population but uses 25 percent of the world's energy." 

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