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Energy Tomorrow Blog

America’s Natural Gas Surge is Changing the World’s Energy Market

fracking  innovation  jobs  Economy  american energy 

Mary Leshper

Mary Schaper
Posted January 15, 2014

America’s Energy Boom     

Real Clear Politics:  WASHINGTON -- For decades, Americans have talked about "energy policy" as if it were the political equivalent of a migraine. The phrase connoted pain -- in ever-rising gas prices, costly government schemes and dependence on imports from precarious Middle East regimes.

But recent developments involving energy production and technology have been so astonishing that they should puncture this long-running pessimism. The amazing fact is that on nearly every front, America's energy prospects have improved in ways that would have been unimaginable just a decade ago.

In the energy marketplace, President Obama's vision of an "all of the above" strategy is actually happening. Production of oil, gas and alternative energy is rising, even as demand begins falling for these energy sources -- all thanks to new technology. The market forces driving these changes are so powerful that even politicians probably can't screw them up.

Read more: http://bit.ly/1b47dCg

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Good Energy Policy in 2014 = More American Energy, Jobs, Success

energy policy  fracking  innovation  technology  renewable fuel standard 

Mary Leshper

Mary Schaper
Posted January 6, 2014

Fracking 101: Breaking Down the most Important Part of Today’s Oil, Gas Drilling

Greeley Tribune:  Fracking, the two- to three-day process of hydraulic fracturing for oil and gas, is perhaps one of the most misunderstood drilling practices, becoming as bad of a word in some circles as a racial slur.

 

Entire countries have banned the process. Some Colorado towns have placed moratoriums to study it further.

Environmentalists storm capitals over it, demanding increased regulations, and oil and gas company employees and officials scratch their heads — they’ve been using the same process in oil and gas drilling for 60 years without widespread incidents.

 

“It’s a perplexing issue,” said Collin Richardson, vice president of operations for Mineral Resources Inc., who opened up a company fracking job last fall to a student tour from the University of Northern Colorado. “People go to a light switch and expect energy to be there, but they don’t think about where it comes from. I don’t think most people understand that without hydraulic fracturing, we wouldn’t have natural gas to provide electricity to our homes or gas in our cars.

Read more: http://bit.ly/1gc41Z7

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Innovations Continue to Boost America’s Energy Surge

innovation  jobs  manufacturing  american energy  keystone xl  groundwater protection 

Mary Leshper

Mary Schaper
Posted November 7, 2013

CLEVELAND -- U.S. Steel Corp. is expanding its Lorain steel tube plant to make pipes for natural gas companies.


Read more: http://on.wkyc.com/1b6PXyW

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Energy and Innovation Drive Surging U.S. Production Growth

innovation  technology  fracking  hydraulic fracturing  hydrofracking 

Mark Green

Mark Green
Posted November 7, 2013

U.S. Energy Information Administration (EIA) chief Adam Sieminski recently gave a presentation at Columbia University on the agency’s new drilling productivity report, and the takeaways are significant: The U.S. is in the midst of a remarkable surge in oil and natural gas production from shale and other tight resources. Higher drilling efficiency and new well productivity are the main drivers of production growth. EIA is confident the United States has ample reserves to sustain production growth for the foreseeable future. Sieminski said U.S. shale reserves, unlocked by hydraulic fracturing and horizontal drilling, are the reason for skyrocketing oil and natural gas production – since 2007 for natural gas, 2009 for oil.

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Innovations Make U.S. Energy Development More Efficient, More Productive

american energy  hydraulic fracturing  innovation  technology  keystone xl  ethanol  biofuels 

Mary Leshper

Mary Schaper
Posted November 4, 2013

The Outsiders Who Saw Our Economic Future

Wall Street Journal: The experts keep getting it wrong. And the oddballs keep getting it right.

Over the past five years of business history, two events have shocked and transformed the nation. In 2007 and 2008, the housing market crumbled and the financial system collapsed, causing trillions of dollars of losses. Around the same time, a few little-known wildcatters began pumping meaningful amounts of oil and gas from U.S. shale formations. A country that once was running out of energy now is on track to become the world's leading producer.

What's most surprising about both events is how few experts saw them coming—and that a group of unlikely outsiders somehow did. Federal Reserve chairmen Alan Greenspan and Ben Bernanke failed to foresee the financial meltdown. Top banking executives were stunned, and leading investors such as Bill Gross, Jim Chanos and George Soros didn't fully anticipate the downturn.

 

Read more: http://on.wsj.com/172n4PZ

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Video Update: Anadarko's Lucius Spar Positioned in Gulf

technology innovation  gulf energy production  offshore drilling  oil and natural gas  energy 

Mark Green

Mark Green
Posted October 28, 2013

This summer we posted on Anadarko’s Lucius spar, the 605-foot-long steel tube that would support the company’s newest Gulf of Mexico production platform. Now Anadarko has released three videos of operations to tow the 23,000-ton spar 340 miles southeast of Corpus Christi, Texas, where it was erected in more than 7,000 feet of water and will be fitted with its topsides – the platform the company expects will begin producing oil the second half of next year. This is must-see video.

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Tax Reform Rule 1: Do No Harm

tax code  taxes impact on business  technology  innovation 

Mark Green

Mark Green
Posted August 23, 2013

Good vibrations from California with the Max Baucus-Dave Camp tax reform tour reaching Silicon Valley and a pair of high-tech sector businesses. The chairmen of the Senate’s Finance Committee and the House’s Ways and Means Committee, respectively, have been preaching a simpler, fairer tax code for individuals and job creators

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Energy Today - August 6, 2013

jobs  fracking  technology innovation  economic benefits 

Mary Leshper

Mary Schaper
Posted August 6, 2013

U.S. News & World Report – 'Game Changers' for Job Creation

The National Taxpayer Union’s Pete Sepp notes a recent study indicating the top catalyst for U.S. job creation is oil and natural gas production, particularly from shale development. Sepp outlines the benefits in the study, including adding $690 billion a year to U.S. GDP and creating up to 1.7 million new jobs by 2020.

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Energy Today –August 1, 2013

hydraulic fracturing  keystone xl  innovation  technology 

Mary Leshper

Mary Schaper
Posted August 1, 2013

EIA Energy Today – Proved Reserves of Crude Oil and Natural Gas in the United States Up Sharply in 2011

For the second year in a row, U.S. set a record increase for crude oil production in 2011 – rising 15 percent to the highest level since 1985. Natural gas production was also up 10 percent. Shale developing states led the increase.

AIE Ideas Carpe Diem Blog – Shale Revolution: U.S. Was the World’s No. 1 Petroleum Producer in April for the Sixth Straight Month

America’s shale revolution continues to perform – for the sixth month in a row America: a) took the top spot as the No. 1 petroleum producer in the world, and b) produced more petroleum than the combined output of all of the countries in Europe, Central America, and South America.

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Energy Today – June 14, 2013

Economy  exports  hydraulic fracturing  innovation  jobs  lng  natural gas  renewables  technology 

Mary Leshper

Mary Schaper
Posted June 14, 2013

Fuel Fix BlogReport: Renewables, Natural Gas Should Work Together On the Grid

According to a new report by the Texas Clean Energy Coalition, natural gas and renewables “have a strong complimentary relationship” that is beneficial for providing the energy Americans need every day.

Today in EnergyU.S. Crude Oil Production Could Reach 10M Barrels Per Day By 2040

EIA projects that thanks in large part to increased tight oil production – shale development – domestic production could continue to expand to 10 million barrels per day or higher by 2040.

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