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Energy Tomorrow Blog

Better Data for Better Decisions on LNG

department of energy  development  employment  lng exports  natural gas supply 

Erik Milito

Erik Milito
Posted March 15, 2013

Opponents of a free market for natural gas have been trumpetinga new study which purports to show that LNG exports would be an economic negative for the United States. This flies in the face of analysis done by the Department of EnergyThe Brookings InstituteICF International and others which showed that to boost economic activity open markets are the way to go. So we took a look at the study to figure out why their conclusions are not consistent with other industry or government projections. We found some serious biases and inconsistent assumptions added up to a fatally flawed report. Here are a few specifics.

The employment impact analysis is flawed because it assumes no incremental natural gas production.

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VIDEO: Energy for a Better Planet

natural gas  energy production  energy development 

Mark Green

Mark Green
Posted January 28, 2013

In the video interview below from this month’s State of American Energy event, the Center for Industrial Progress’ Alex Epstein talks about America’s historic energy opportunity and the way producing more energy, including oil and natural gas, is key to a better environment:

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LNG Exports for U.S. Jobs, Economic Growth, Trade

trade  lng  exports  energy policy  energy economy  domestic energy development 

Mark Green

Mark Green
Posted January 25, 2013

This week API, on behalf of the U.S. oil and natural gas industry, furnished comments on the Energy Department’s 2012 study of the impact of exporting U.S. liquefied natural gas (LNG). You can read them in full here, but let’s cover some of the main points.

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VIDEO: The Formula for Energy Growth

energy development  energy policy  energy regulation  energy investment 

Mark Green

Mark Green
Posted January 25, 2013

Another video interview from the State of American Energy event earlier this month in Washington, D.C. Here, Chevron’s Dan Fager talks about the pillars of sound, pro-growth energy policy – new access to U.S. oil and natural gas resources, common-sense regulation and tax policies that encourage new energy investment instead of discouraging it:

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The Quest for Energy and Innovation

energy development  energy innovation  natural gas  oil 

Mark Green

Mark Green
Posted January 24, 2013

As policymakers consider who will be the primary driver of America’s future energy development and innovation – Washington or the private sector – consider:

  • Oil and natural gas supplied 62 percent of the energy America needed in 2011 – and is projected by government to supply nearly 60 percent of U.S. energy demand in 2040.
  • The oil and natural gas industry provided $545 billion to the U.S. economy in 2011.
  • In just unconventional resources (shale and other tight rock), industry is expected to invest more than $5.1 trillion in cumulative capital expenditures by 2035. The industry could add 1.3 million new jobs in this sector by 2020 for a total of 3 million jobs supported – growing to 3.5 million jobs by 2035.

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VIDEO: ‘What Is To Be Done? Let The Private Sector Do It.’

energy economy  energy development  domestic energy  access 

Mark Green

Mark Green
Posted January 22, 2013

More video interviews from the recent State of American Energy event in Washington, D.C. In this clip Devon’s Richard Sawaya and Paula Jackson, interim president and CEO of the American Association of Blacks in Energy, talk about energy development under pro-growth policies as a dynamic economic engine

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Oil & Gas Development on Federal Lands and Waters

gulf of mexico  federal lands  energy development  domestic energy  access 

Rayola Dougher

Rayola Dougher
Posted March 19, 2012

The White House had a post up last week with some numbers on production of oil and natural gas on America’s public lands and offshore waters.

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