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Energy Tomorrow Blog

Energy Today – April 23, 2013

crude oil  fracking  hydraulic fracturing  keystone xl  natural gas 

Mary Leshper

Mary Schaper
Posted April 23, 2013

The Hill’s E2 WireInterior Chief Jewell on Fracking Rules: ‘One Size Doesn’t Fit All’

New Interior Secretary Sally Jewell hosted her first a public video chat this week. Jewell, a former oil and natural gas industry engineer, talked about her personal experiences with hydraulic fracturing, saying, “fracking as a technique has been around for decades. … I have performed the procedure myself very safely.”

Bloomberg Eagle Ford Crude Oil Production Reaches Record High in February

Bloomberg reports that the nine geographic fields that make up the majority of Eagle Ford shale play in Texas yielded 471,258 barrels of crude a day in February, a 74 percent increase from last year. 

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Energy Today – Earth Day Edition

hydraulic fracturing  keystone xl  natural gas 

Mary Leshper

Mary Schaper
Posted April 22, 2013

AEI Carpe Diem Blog On Earth Day

Mark Perry writes: “As we observe Earth Day this year, it might be a good time to appreciate the fact that Americans get most of their plentiful, affordable energy directly from the Earth’s ‘natural environment’ in the form of fossil fuels (coal, natural gas, and petroleum).”

The Globe and MailWhat I’d Like to See this Earth Day: More Fracking

“If fracking happens across the world, emissions would likely decline substantially by 2020,” writes Bjorn Lomborg in a guest column. “This Earth Day, we need a dose of realism about real environmental challenges …and the real opportunities that exist for environmental innovation, to make our planet a better place.” (Note: This piece originally appeared in The Australian: http://bit.ly/ZIpmjk)

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Energy Today – April 19, 2013

emissions  energy  lng exports  hydraulic fracturing  natural gas 

Mary Leshper

Mary Schaper
Posted April 19, 2013

Forbes LNG Exports Would Have Minimal Impact on U.S. Prices

Although some say exporting U.S. natural gas would increase domestic prices, a Deloitte analysis says “the impact domestically is small in terms of upward price movement, and the impact (of exports) on the economy is very large… So exporting should be a good idea.”

Wall Street JournalRise in U.S. Gas production fuels Unexpected Plunge in Emissions

Last year, the paper reports, 30 percent of power in the U.S. came from natural gas, up from 19 percent in 2005, driven by hydraulic fracturing and horizontal drilling that have unlocked large and inexpensive new supplies of the fuel. This increase in natural gas production has helped drop  U.S. CO2 emissions to their lowest level since 1994.

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Energy Today – April 18, 2013

keystone xl  emssions  fracking  new york drilling moratorium  renewable fuel standard  ethanol 

Mary Leshper

Mary Schaper
Posted April 18, 2013

Forbes It’s Time To Repeal the Renewable Fuel Standard

A "consensus has concluded that EPA fuel standards are sorely at odds with the interests of fuel and food consumers in the United States,” writes contributor Robert Bradley. “The direct economic cost of implementing and enforcing these fuel standards far outweighs the questionable benefits."

The Washington Post Keystone XL Opposition Wanes Among Nebraska Landowners

With the Keystone XL debate set to head back to Nebraska today, the Post reports that folks in the state “largely support the pipeline project.”

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Energy Today – April 17, 2013

emissions  ethanol  fracking  natural gas  new york  lng 

Mary Leshper

Mary Schaper
Posted April 17, 2013

Washington TimesIs It Time to End Ethanol Vehicle Fuel mandates?

Steve Goreham recaps the pros and cons in the ethanol, Renewable Fuel Standard debate.

Press ConnectsGuest Viewpoint: NY Can’t Afford to Pass on Natural Gas

In a guest piece, New York resident Bob Tiberio writes that affordable energy “is the lifeblood of our economy and lowers the cost of almost everything we make and use. It drives economic growth and gives the United States a competitive edge in global markets. For most Americans, a high “quality of life” begins with low cost energy, which increasingly means natural gas from shale.”

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Energy Today – April 16, 2013

epa  ethanol  greenhouse gases  hydraulic fracturing  keystone xl  taxes impact on business  energy taxes 

Mary Leshper

Mary Schaper
Posted April 16, 2013

LA TimesEPA: U.S. Greenhouse Gases Drop 

The newspaper highlights the latest good news from the EPA: Increased use of natural gas, much of it developed with  hydraulic fracturing, has helped the United States lower its greenhouse gas emissions 1.6 percent from 2010 to 2011 and nearly 7 percent since 2005.

Roll CallRedford: Keystone XL an Environmentally Sound Way to Enhance Energy Security

Alberta  Premier Alison Redford’s  op-ed argues that Canada is “the safest, most secure and responsible energy supplier to the United States and a reliable trading partner.” This comes after her recent visit to the U.S. advocating  approval of the Keystone XL pipeline project.  Approving the pipeline “is the choice of reason,” she writes.

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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 11, 2013

budget  exports  new york  hydraulic fracturing  natural gas  taxes  oil  Energy 101 

Mary Leshper

Mary Schaper
Posted April 11, 2013

New York Post Gov. Cuomo’s Ugly Message to  Businesses

Gov. Andrew Cuomo likes to declare that New York is “open for business,” but his prolonged refusal to OK hydraulic fracturing sends the opposite message,  John Krohn writes in a guest op-ed.

Rockland County TimesExports Grow Our Economy, Lift Ban on Natural Gas

In an op-ed, Margo Thorning writes that “the United States should capitalize on the comparative advantage it has over other countries with natural gas. In fact, respected economic consulting firm NERA recently analyzed LNG exports for the Energy Department and found that across every market scenario, increased exports would benefit the U.S. economy.”

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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 9, 2013

energy today  green energy  hydraulic fracturing  keystone xl pipeline  natural gas 

Mary Leshper

Mary Schaper
Posted April 9, 2013

Penn EnergyCalifornia City “Goes Green” with Chevron Energy Solutions

Collaborating with Chevron’s Energy Solutions, the City of Patterson is working to improve the city’s sustainability, including solar installations and energy efficiency programs that will reduce costs for consumers.

Wall Street JournalIndia Is Ready for U.S. Natural Gas

There is “significant potential for U.S. exports of LNG to grow exponentially,” writes Nirapama Rao, India’s   ambassador to the U.S. “The prospect of increased Indian investment in the U.S. natural-gas market will usher in a new era for a strong and mutually rewarding India-U.S. energy partnership.” (subscription publication)

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