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Energy Tomorrow Blog

Six Years of Delay Later, Its Time to Build the Keystone XL Pipeline

keystone xl pipeline  Energy Security  jobs  american energy  Economy  oil sands 

Mary Leshper

Mary Schaper
Posted July 8, 2014

The Keystone XL Pipeline has been studied, and studied, and studied, in fact if the permit application were a person, it would have just graduated kindergarten. However, after nearly six years of studies which show positive benefits to our economy and energy security with no significant environmental impacts  – politics are still trumping good policy.

The Final Environmental Impact Statement released by the State Department earlier this year found the project would deliver 830,000 barrels of oil per day from Canada and the U.S. Bakken region to U.S. refineries, create 42,100 jobs during its construction phase and provide $3.4 billion in additional revenue to U.S. GDP.

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America: Number 1 in Oil

alternative energy  Economy  Energy Security  jobs  fracking  policy 

Mary Leshper

Mary Schaper
Posted July 7, 2014

Promising news last week – the U.S. will remain the world’s largest oil producer this year, maintaining the top spot now and well into the future thanks to shale development, Bank of America says.

U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter, the bank said in its report.

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Domestic Energy Production is Fueling Growth

american energy  Economy  jobs  Energy Security  imports  growth 

Mary Leshper

Mary Schaper
Posted June 12, 2014

Bloomberg News: U.S. fuel imports fell to a 15-year seasonal low as refineries processed increasing domestic crude output, moving the nation closer to energy independence.

Deliveries slid 653,000 barrels a day to 1.68 million in the week ended June 6, the fewest for the period since 1999, the Energy Information Administration data showed today. The 28 percent drop was the biggest decline since the week ended June 18, 2013. Fuel imports peaked at 4.97 million barrels a day in October 2005.

“There’s a change in the dynamic,” said Phil Flynn, a senior market analyst at Price Futures Group in Chicago. “We’re not going to stop importing products but the overall number should move lower. We’re turning into a hub where products are both imported and exported based on price.”

Shipments to the U.S. from abroad have dropped as the shale boom provided refiners with an ample supply of cheaper domestic crude to make fuel. West Texas Intermediate, the U.S. benchmark crude, has traded at an average discount of $12 to Brent oil from the North Sea over the past four years. WTI traded at an average premium of more than $1 to the European grade from 1988 to 2008.

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American Energy is Making U.S. More Free, Prosperous

Energy Security  american energy  Economy  jobs  fracking  lng exports 

Mary Leshper

Mary Schaper
Posted June 2, 2014

EIA Today in Energy: Total U.S. energy production reached 81.7 quadrillion British thermal units (quads) in 2013, enough to satisfy 84% of total U.S. energy demand, which totaled 97.5 quads. Natural gas was the largest domestically produced energy resource for the third year in a row and, together with the other fossil fuels (coal, crude oil, and hydrocarbon gas liquids), accounted for more than three quarters of U.S. energy production. In total, the United States consumed 97.5 quads of energy, 82% of which was fossil fuels. Renewable and nuclear energy made up 10% and 8%, respectively, of U.S. energy consumption.

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America’s Promising Energy Future Looms on the Horizon

american energy  Economy  jobs  fracking  ethanol  arctic 

Mary Leshper

Mary Schaper
Posted May 1, 2014

Fuelfix Blog (Matt Smith): Let’s go a little controversial here. The US oil boom is such a headline-grabbing topic at the moment that I cannot help but draw comparisons betwixt it and its pop culture equivalent, Miley Cyrus. And while on that tangent, the oil cartel OPEC reminds me of…Justin Bieber: just as US oil production is surging in stature, OPEC’s dominance appears to be waning.

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American Energy is Fueling Growing Communities

american energy  Economy  jobs  Energy Security  fracking 

Mary Leshper

Mary Schaper
Posted April 18, 2014

Oil production and natural gas production from the six prominent shale basins in the United States should increase in May, a U.S. drilling report said. The U.S. Energy Information Administration issued a monthly drilling report for the six shale basins -- Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara and Permian -- that together account for almost 90 percent of the growth in U.S. oil production and nearly all of the gains in natural gas.

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American Voters on Energy

american energy  Economy  jobs  Energy Security  infrastructure 

Mark Green

Mark Green
Posted April 17, 2014

New national polling finds strong support among U.S. registered voters for more domestic oil and natural gas production and more investment in energy infrastructure – with significant majorities connecting increased energy infrastructure (such as new pipelines, storage facilities and other energy-related projects) with job creation, strengthening U.S. energy security and helping American consumers.

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Open Markets, Free Trade = Win-Win for U.S. Energy Security

trade  Energy Security  american energy  Economy  ohio  keystone xl pipeline 

Mary Leshper

Mary Schaper
Posted April 14, 2014

The Hill (Rep. Pete Olson): The Great Recession that began at the end of this last decade has lingered like few others in recent history. Job growth has been sluggish, and unemployment numbers have ticked up only marginally, making this a painfully slow recovery. This is true in almost all sectors—except for energy. There, job growth has been nothing short of explosive. American innovation has allowed us to tap into energy resources previously off-limits and unreachable, creating jobs across the country.

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America’s Energy Boom Benefits America

american energy  Economy  Energy Efficiency  Energy Security  Environment  jobs  fracking  keystone xl pipeline 

Mary Leshper

Mary Schaper
Posted March 20, 2014

The U.S. shale boom is beginning to ripple outward to American cities.

The shale mining industry's rising demand for materials and equipment along with the abundance of cheap fuel are fueling a modest renaissance in American manufacturing, according to a report prepared by IHS Global insight for the U.S. Conference of Mayors.

The shale extraction industry is itself driving growth through its hunger for steel pipeline, extraction machinery and other materials needed at domestic shale deposits, including the Bakken in North Dakota and the Marcellus shale in Pennsylvania. The availability of cheap fuel has in turn allowed these energy intensive manufacturing industries to cut costs and compete better with foreign imports.

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Happy Birthday, Fracking!

fracking  american energy  Economy  Environment  Energy Security  Energy Efficiency  jobs  hydraulic fracturing  innovation  technology 

Mark Green

Mark Green
Posted March 17, 2014

Happy birthday, fracking! What a fantastic, 65-year ride it has been – and here’s to another 65 years and more.

Advanced hydraulic fracturing and horizontal drilling launched an oil and natural gas renaissance in this country – bringing dynamic job creation, economic stimulus that radiates well beyond the oil and natural gas industry proper and greater energy security. Thanks to fracking, the United States is an energy superpower that, with the right policies, can harness its vast resources to ensure a significantly better future for its citizens while reducing energy-related tension across the globe.

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