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Energy Tomorrow Blog

Energy Today – April 15, 2013

hydraulic fracturing  fracking  keystone xl pipeline  natural gas  revenue  taxes 

Mary Leshper

Mary Schaper
Posted April 15, 2013

The Hill Energy Taxes Are No Budget Solution

Steve Forbes writes on The Hill’s Congress Blog that higher taxes on the oil and natural gas industry would cost jobs, lower energy production and actually reduce revenue to government over time. He cites a study showing that “a new tax on the industry would sacrifice 170,000 direct and indirect energy jobs by 2014.”

Houston ChronicleIt’s Wrong to Penalize the Oil and Natural Gas Industry

“Singling out our oil and natural gas industry for taxation penalizes producers,” writes the newspaper. “Bad guys? You mean the folks who employ our neighbors in good-paying jobs, contribute mightily to our tax base, civic life and sports and cultural/arts scenes? We don't think so.”

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Energy Today – April 10, 2013

fracking  natural gas  refineries  oil 

Mary Leshper

Mary Schaper
Posted April 10, 2013

AEI IdeasEconomic Fact of the Day

According to new Bureau of Labor Statistics data, Midland, Texas, has the lowest metro jobless rate in the U.S. at 3.2 percent. What’s different about Midland, asks blogger Mark J. Perry. The town is in the heart of the Permian Basin oil field’s surging shale production – thanks to hydraulic fracturing.

Associated PressEnergy Secretary Nominee Backs Natural Gas ‘Revolution’

The AP recaps the nomination hearing for Ernest Moniz. During the hearing, Moniz noted the “stunning increase in domestic natural gas production” that has led to “reduced carbon emissions and a dramatic expansion of manufacturing and job creation.”

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Energy Today – April 8, 2013

energy today  fracking  keystone xl pipeline  oil and gas industry 

Mary Leshper

Mary Schaper
Posted April 8, 2013

Wall Street Journal – The 1 Percent Keystone Confusion “The 1%-ers writing checks to Mr. Obama loathe the pipeline. The folks who need and want it are the 99%. They're the working stiffs who are ‘struggling to get by’ in this economy.” –Editorial Fort-Worth Star-Telegram – Once Unprofitable West Texas Oil Play Now Booming Thanks to innovations in hydraulic fracturing and natural gas development, the Spraberry/Wolfcamp shale play in West Texas has roughly quadrupled its oil production since 2003 – producing more than 220,000 barrels a day.

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Energy Today – April 3, 2013

epa  fracking  hydraulic fracturing  energy 

Mary Leshper

Mary Schaper
Posted April 3, 2013

BBC NewsNeighboring U.S. Towns Worlds Apart on Natural Gas Fracking

BBC’s Laura Trevelyan reports on the divide between New York State and Pennsylvania in the hydraulic fracturing debate. Must watch at 2:19: a fourth generation New York landowner talks about the benefits of fracking – and the consequences of not lifting the moratorium.

Free EnterpriseAbundant U.S. Energy Attracts Foreign Companies

Abundant U.S. energy, courtesy of hydraulic fracturing tapping shale oil and natural gas deposits, is attracting manufacturers from Europe and South America, Sean Hackbarth reports. This will translate into jobs and a “much more competitive U.S.”

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State of the Union: The Thinking Game

state of the union  lng exports  keystone xl  fracking  energy  oil 

Mark Green

Mark Green
Posted February 12, 2013

OK, so here’s the deal: Seldom is the annual State of the Union message going to be confused with the Gettysburg Address for lyric quality. Historically, presidents use the speech to set out detailed policy agendas. As listeners seek focus during an oration that might stretch an hour or more, we’re here to help.

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Benefits of Hydraulic Fracturing are Clear

fracking  oil  gasoline 

Mark Green

Mark Green
Posted February 8, 2013

In its online debate this week on hydraulic fracturing, The Economist poses this question: “Do the benefits derived from shale gas outweigh the drawbacks of fracking?” It’s a thought-provoking question that has elicited a number of thoughtful responses.

Let’s examine some of the arguments of those who answer that question no. Now, in a debate you typically lead with your best argument, so it’s telling that opposition’s opening shot against hydraulic fracturing basically is a big swing and a miss. Here it is:

Fracking currently enjoys exemptions from parts of at least seven major national statutes, including the Clean Air Act, Clean Water Act and Safe Drinking Water Act. If fracking is so safe, why can't the industry be held to the same standards as everyone else?

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Study Provides New Impetus for New York Fracking

energy policy  fracking  hydraulic fracturing  natural gas  regulations 

Mark Green

Mark Green
Posted January 4, 2013

Here’s the crux of an unreleased (but leaked) New York Department of Environmental Conservation report that weighs the public health impact of natural gas development through hydraulic fracturing:

“…significant adverse impacts on human health are not expected from routine (fracking) operations. When spills or accidents occur, the department has identified numerous additional mitigation measures, including emergency-response planning, setbacks and buffers, so that significant exposures to people and resources on which they rely are unlikely."

Shorter version: Fracking can be done safely in New York.

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Innovation: We Like It

natural gas  innovation  fracking  technology 

Mark Green

Mark Green
Posted December 19, 2012

America’s oil and natural gas companies are all over innovation – and probably none more than those using hydraulic fracturing or fracking to get natural gas and oil from shale and other tight rock formations.

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2.9 Trillion Reasons to Support Fracking

revenue  hydraulic fracturing  fracking 

Mark Green

Mark Green
Posted December 7, 2012

The EIA is out with new energy statistics, which for those of us who do this sort of thing is basically a holiday* in itself. And it turns out there are plenty of gifts for America, too – first and foremost the incredible wealth of oil and natural gas opened up by horizontal drilling and hydraulic fracturing.

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MIT: The Facts On Fracking Methane Emissions

natural gas  fracking  environmental impact  energy policy  domestic energy  access 

Mark Green

Mark Green
Posted November 28, 2012

A new MIT study shows that the extraction of shale gas through hydraulic fracturing emits only a fraction more methane into the air than conventional gas drilling

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