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Energy Tomorrow Blog

Energy Today – June 18, 2013

exports  federal lands  hydraulic fracturing  keystone xl  lng  Offshore Production  regulations 

Mary Leshper

Mary Schaper
Posted June 18, 2013

Chicago TribuneIllinois Governor Signs Bill to Regulate Fracking

Illinois is one step closer to  hydraulic fracturing after bipartisan legislation regulating the process was signed into law by Gov. Pat Quinn. Lawmakers say they hope the new regulations will encourage the oil and natural gas industry to invest in Illinois, helping to create jobs.

Fuel Fix BlogColleges Plan Training for Gas Drilling Jobs

Two colleges in southern Illinois are getting a jumpstart on possible oil and natural gas development in the state. Southeastern Illinois College and Rend Lake College are planning to provide training programs focused on safety and other areas related to  energy development.

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Energy Today – June 13, 2013

arctic  emissions  epa  marcellus  natural gas  regulations 

Mary Leshper

Mary Schaper
Posted June 13, 2013

Wall Street JournalU.S. Oil Notches Record Growth

In the latest sign that  the shale revolution is remaking world energy markets,  the WSJ cites BP’s 2012 Statistical Review showing crude production in the U.S. jumped 14 percent last year to 8.9 million barrels a day. (subscription publication).

Pittsburgh Post-Gazette Pennsylvania to See $202.47 Million in Per-Well Fracking Impact Fees

A new Pennsylvania Public Utility Commission report notes that more than $200 million from hydraulic fracturing impact fees will be distributed to local governments across the state. Bradford County in the state's northeast will collect the most at $7.3 million while Washington is second at $4.7 million. Lycoming and Tioga counties follow with $4.4 million each.

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Energy Today June 7 2013

hydraulic fracturing  exports  keystone xl  regulations  natural gas  lng  north dakota 

Mary Leshper

Mary Schaper
Posted June 7, 2013

CNN MoneyEnergy Helps North Dakota Grow Five Times Faster Than Nation

Propelled by a massive energy surge,  North Dakota’s economy grew  13.4 percent  in 2012, according to Bureau of Economic Analysis figures – nearly three times as fast as Texas, the No. 2 state. The oil and natural gas industry is a big economic driver, as well as manufacturing industries.

National Review OnlineNo More Energy Protectionism

In a guest post, the Heritage Foundation’s Nicolas Loris writes that, “In a free economy, goods and services go to their highest valued use. Natural gas is no different, and it should be treated the same as any other good the U.S. trades around the world.”

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Energy Today – June 6, 2013

ethanol  exports  fracking  imports  renewable fuel standard  trade  regulations  blm  deficit  oil 

Mary Leshper

Mary Schaper
Posted June 6, 2013

Bloomberg Crude Output Exceeds Imports for First Time in 16 Years

The surge in U.S. shale development through hydraulic fracturing and horizontal drilling in North Dakota, Oklahoma and Texas has boosted domestic oil production – 7.3 million barrels a day  last week alone – to the highest level since 1986, according to the U.S. Energy Information Administration.

Fuel Fix BlogFeds Give More Time To Study Proposed Drilling Rule

Last month API asked for an additional 90 days to study  BLM’s proposed rule governing hydraulic fracturing. Today, Interior Secretary Sally Jewell said that she would allow an additional 60 days for stakeholders to review the proposed regulations.

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Ozone Regulation and the 97 Percent

epa  ozone regulations 

Mark Green

Mark Green
Posted May 30, 2013

Later this year EPA is expected to propose stricter ozone standards that could lower the current 75 parts per billion (ppb) limit to 60 ppb. First, a map showing areas of the country (in red) that exceed current 75 ppb standards, enacted in 2008:

Air Quality

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Good Words on Regulatory Certainty

energy  job creation  shale energy  energy regulations  department of the interior 

Mark Green

Mark Green
Posted May 9, 2013

New Interior Department Secretary Sally Jewell is on the right track in her remarks at this week’s Offshore Technology Conference in Houston, committing Interior to providing “regulatory certainty, predictability (and) consistency” in oil and natural gas development.
This is critical to reverse recent declining development in federal areas. According to the Congressional Research Service, while oil production in non-federal areas was up 2009 to 2012, in federal areas it was down 6 percent:

CRS Oil Federal vs NonFederal

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Energy Today – May 7, 2013

hydraulic fracturing  keystone xl pipeline  natural gas  offshore regulations 

Mary Leshper

Mary Schaper
Posted May 7, 2013

The Hill The Case for Keystone XL Goes Beyond Jobs and Energy Independence

In a guest column, Brigham McCown argues the benefits of  the Keystone XL pipeline would extend beyond  jobs and energy security to  safety. According to government statistics, pipelines are the safest way to transport energy supplies, writes McCown.

U.S. News and World ReportLawmakers: Natural Gas Exports Could Erode Political Might of U.S. Adversaries

U.S. News recaps today’s House Subcommittee on Energy and Power hearing, which focused on legislation that would expedite U.S. natural gas exports. Supporters  say shipping natural gas to allies could strengthen diplomatic ties, undermine political leverage of adversaries, while also shaving the U.S. trade deficit and creating jobs.

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The Tier 3 Game

epa  refineries  regulations 

Bob Greco

Bob Greco
Posted May 3, 2013

It’s one thing to have genuine differences over energy regulatory policy – as the oil and natural gas industry has with EPA’s proposed Tier 3 rule further lowering sulfur levels in gasoline. It’s quite another to see that the rulemaking process is being gamed.

Tier 3 Trouble

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Energy Today – May 2, 2013

hydraulic fracturing  keystone xl  natural gas  regulations  technology 

Mary Leshper

Mary Schaper
Posted May 2, 2013

The Atlantic How Oil Made Working-Class North Dakota a Whole Lot Richer

In North Dakota’s Bakken Shale formation, Americans have been able to find high-paying work in the oil and natural gas industry as the state’s employment number grew by more than 35 percent from 2007 to 2011. But another part of this American success story is that jobs and paychecks have surged across industries – including technical services, transport, construction and food services.

Reuters CanadaTransCanada to Build $900 Million Alberta Oil Pipeline, Terminal

Keystone XL opponents claim that stopping the pipeline will keep Canada’s oil sands in the ground. However, as the U.S. waits for President Obama to decide on the Keystone XL Canada is moving forward with plans to move its growing crude oil supplies – and ship them elsewhere.

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Energy Today – April 4, 2013

hydraulic fracturing  manufacturing  natural gas  regulations  taxes  oil 

Mary Leshper

Mary Schaper
Posted April 4, 2013

Forbes The Top Five Facts Everyone Should Know About Oil and Natural Gas Exploration

Ryan Carlyle, a subsea hydraulics engineer, writes that oil accounts for one-third of humanity’s energy supply, is unrivaled in power generation and is fundamental to lifting billions of people out of poverty. Fun fact: If solar power generation doubled every decade for 100 years, it would still be pretty far behind oil today.

Wall Street JournalBeware Tax Reform That Raises Taxes on Capital

Of the ongoing congressional debate over tax reform, Margo Thorning writes  that “Investment, growth and job creation should be the cornerstones of any tax-reform effort.”

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