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Energy Tomorrow Blog

American Energy: Disrupting the Global Energy Market

Economy  global markets  Energy Security  fracking  alaska  anwr  revenue 

Mary Leshper

Mary Schaper
Posted January 26, 2015

The New York Times (Daniel Yergin): A historic change of roles is at the heart of the clamor and turmoil over the collapse of oil prices, which have plummeted by 50 percent since September. For decades, Saudi Arabia, backed by the Persian Gulf emirates, was described as the “swing producer.” With its immense production capacity, it could raise or lower its output to help the global market adjust to shortages or surpluses. But on Nov. 27, at the OPEC meeting in Vienna, Saudi Arabia effectively resigned from that role and OPEC handed over all responsibility for oil prices to the market, which the Saudi oil minister, Ali Al-Naimi, predicted would “stabilize itself eventually.” OPEC’s decision was hardly unanimous. Venezuela and Iran, their economies in deep trouble, lobbied hard for production cutbacks, to no avail. Afterward, Iran accused Saudi Arabia of waging an “oil war” and being part of a “plot” against it.

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Sound Policy for a Sound Energy Future

Energy Security  Economy  jobs  Policies  keystone xl  alaska  fracking 

Mary Leshper

Mary Schaper
Posted January 23, 2015

Forbes (Loren Steffy): President Obama didn’t say much about energy in his State of the Union speech Tuesday. Last year, he focused on energy issues more, and devoted much of the energy portions of his speech to natural gas. This year, he acknowledged rising U.S. oil production and the benefits of cheap energy that have come with it, and then he made a backhanded reference to the Keystone XL pipeline. In calling on both parties to support the infrastructure projects such as “modern ports, strong bridges, faster trains and faster internet,” he then encouraged lawmakers to pass a bipartisan infrastructure plan by saying: “So let’s set our sights higher than a single oil pipeline.” Certainly, the Keystone pipeline has become a far greater political punching bag than a meaningful piece of infrastructure. Environmentalists have greatly exaggerated its role in climate change, and Republicans in Congress are now determined to push through legislation supporting it almost out of spite for the administration’s foot-dragging on a decision.

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Nothing Spooky About U.S. Energy's Jobs, Strengthened Security

keystone xl  pipeline construction  oil production  shale energy  alaska  texas  hydraulic fracturing  horizontal drilling 

Mary Leshper

Mary Schaper
Posted October 31, 2014

Fox News:Why is the White House Delaying the Keystone XL Decision?

Read more: http://bit.ly/1pbMGbR

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Energy: America’s Growth Industry

american energy  jobs  fracking  colorado  alaska 

Mary Leshper

Mary Schaper
Posted July 16, 2014

Tyler (Texas) Morning Telegraph: VME Fabricators plans to double its Tyler workforce by year’s end and has surpassed goals set a year ago when the city and county agreed to tax abatements, representatives announced on Monday.

VME Fabricators is a new operating division and subsidiary of VME Process Inc., an international business based in Tyler. It provides offshore oil and gas separation and processing products.

VME Fabricators, which now has more than 50 employees in Tyler, was founded to serve onshore production needs for customers in the United States, providing module and pipe fabrication services. Its first orders will be shipped out in August, officials said in a prepared statement.

“As the domestic oil and gas market continues to grow, so will VME as we gain onshore market share and loyalty with customers needing reliable fabrication services,” Greg Jean, vice president and general manager of VME Fabricators, said in an email.

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Energy from Shale Continues to Boost U.S. Economy, Energy Security

Economy  Energy Security  Environment  jobs  fracking  alaska  crude oil 

Mary Leshper

Mary Schaper
Posted June 6, 2014

UPI: WASHINGTON --Strong growth in onshore U.S. oil and gas production means fewer problems from hurricanes, the analytical arm of the U.S. Energy Department said Wednesday.

Sunday marked the start of the Atlantic hurricane season. As of Wednesday, there are no cyclones reported in the Atlantic Ocean, though Tropical Storm Boris is headed north from the Yucatan Peninsula of Mexico at a rate of 5 miles per hour.

Though offshore oil and gas installations may be shut in by any major storm in the Atlantic, EIA said inland production could make up for any shortfall.

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Technology, U.S. Energy Resurgence Driving Manufacturing, Job Growth

american energy  manufacturing  jobs  hydraulic fracturing  fracking  lng exports  alaska  north carolina 

Mary Leshper

Mary Schaper
Posted June 5, 2014

The Wall Street Journal (ROBERT PROFUSEK): Since the 1970s, multinational companies regularly relocated manufacturing outside the U.S., chasing what GE’s Jeff Immelt coined “labor arbitrage,” and the conventional wisdom was that U.S. manufacturing was heading to an inexorable death. The conventional wisdom has, however, proven untrue, as so often is the case.

Some of the reasons for the rebirth of manufacturing in the U.S. were the inevitable consequences of the rapid rise in industrialization in emerging market countries–think of the pollution and daily rolling brownouts in India, labor unrest and increased wage and work rule demands in China and unpredictable legal systems in many emerging market countries. But the fundamental factor driving manufacturing back to the U.S. is technology–computers and robots have further eroded the labor arbitrage, and the U.S. is the undeniable global leader in technology and innovation. At the same time, the U.S. is in the midst of an energy boom, itself technology-enabled, producing an enormous cost and reliability advantages. While this particular advantage can be expected to diminish over time, it is real and the catch-up time is likely to be long, as evidenced by China’s inability to date to exploit its own shale gas reserves cost-effectively.

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What’s Fueling State Economies and Jobs Across the Country? Energy.

texas  pennsylvania  west virginia  alaska  wyoming  ohio  Economy  jobs  lng 

Mary Leshper

Mary Schaper
Posted April 15, 2014

Reading through the news-clips today one big message stood out: Energy is delivering promise and opportunity for states across the country. American energy is boosting local economies – from creating jobs to providing the energy we need. Take a look at what’s happening in energy in your state:

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Energy Today – July 24, 2013

ethanol  renewable fuel standard  rfs34  hydraulic fracturing  regulations  alaska  anwr 

Mary Leshper

Mary Schaper
Posted July 24, 2013

National Journal – Ethanol Mandates  Starting to Worry Some Senate Democrats

NJ’s Amy Harder reports that ethanol requirements in the Renewable Fuel Standard are generating pressure on some Democratic senators.  “Mid-Atlantic lawmakers, in particular, are hearing from the poultry industry, which is concerned about rising feedstock prices, and from oil refineries, which are facing increased costs for blending ethanol with gasoline,” writes Harder.

PennLive.comHydraulic Fracturing is Well Regulated

In a letter to the editor, the executive director of the Associated Petroleum Industries of Pennsylvania counters claims by anti-hydraulic fracturing groups and individuals.  “In reality, hydraulic fracturing is rigorously regulated by state agencies and federal laws overseeing oil and natural gas development,” writes Stephanie Wissman. “In addition, strict standards are developed by the oil and natural gas industry in collaboration with specialists who best understand the unique geology and hydrology of their communities.” 

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Energy Today – June 4, 2013

alaska  exports  hurricane preparedness  imports  keystone xl pipeline  natural gas  oil pipeline  taxes 

Mary Leshper

Mary Schaper
Posted June 4, 2013

Fox Business Oil and Natural Gas Industry Readies for Hurricane Season

API’s Rayola Dougher stopped by Fox Business and outlined measures the industry takes to prepare its employees and facilities for the threats posed by hurricanes. “Worker safety is the industry’s top priority,” Dougher said.

CNN MoneyU.S. Steps Up Natural Gas Exports

With the Energy Department granting a second liquefied natural gas export license last month, the U.S. might soon see the approval pace quicken on the remaining export applications, CNN reports.

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