Benefits of the U.S. Oil and Natural Gas Boom are Permanent, Says Citi. Forbes: The return of the U.S. as an energy superpower will not be a short-term event with the economic benefits likely to last “at least two generations”, according to the latest research from Citi. That is one of the key findings in a… Keep reading →
Planned TransCanada Pipeline Would Allow Gulf Access, CEO Says The Wall Street Journal: A planned Trans- Canada Corp. oil pipeline designed to ship crude from Western Canada to Eastern Canadian refineries could also be used to access the Gulf Coast, creating an end-run around U.S. permitting delays for the Keystone XL pipeline, according to the company’s… Keep reading →
U.S. Energy Exports to Top Imports by 2025, WoodMac Says Bloomberg: U.S. companies will export more energy than they import by 2025 as shale oil and gas production keeps climbing and the transportation sector becomes more efficient, Wood Mackenzie Ltd. said in a note today. Horizontal drilling and hydraulic fracturing in hydrocarbon-rich layers of shale rock… Keep reading →
Marcellus Gas Production Anticipated to Increase, Lead the Nation in November: The State Journal (West Virginia): The U.S. Energy Information Administration’s Drilling Productivity Report, released Oct. 14, revealed that the Marcellus Shale play is anticipated to produce more gas than other reported regions in November. The Marcellus region is expected to produce 16,045 million cubic feet of… Keep reading →
Shale Insight: Economist Says Natural Gas Boom Carrying U.S. Recovery Observer-Reporter: For nearly an hour, Stephen Moore expended a lot of energy speaking about energy and the economy – and their inextricable link. “You cannot understand economics unless you understand energy,” he said in his opening. “The industry is carrying the rest of the U.S.… Keep reading →
An Energy Boom Lifts the Heartland NY Times: Waist-high weeds and a crumbling old Chevy mark the entrance to a rust-colored factory complex on the edge of town here, seemingly another monument to the passing of the golden age of American industry. But deep inside the 14-acre site, the thwack-thwack-thwack sound of metal on metal tells… Keep reading →
The story of the impact of oil and natural gas production story in Ohio is old – and new. Old in the sense the state was one of the country’s earliest producers of oil and natural gas. But also new, because development of the Utica Shale play in the past few years is responsible for… Keep reading →
The Huntsman Corporation’s Peter Huntsman has this op-ed in USA Today that invokes a poll in which people were asked to respond to these statements: Some say that exporting American natural gas to other countries will increase economic growth, keep thousands employed, and help increase domestic production of natural gas. Others say that American natural gas should… Keep reading →
With the State of the Union address scheduled tomorrow night, let’s look at how policy goals in President Obama’s past annual speeches to Congress fit with oil and natural gas development. It turns out the fit is good – very good. For example, in the 2010 State of the Union the president called jobs his… Keep reading →
A majority of companies say taxes and cost of living are not a barrier to doing business in the state. Five years after signing one of the nation’s most progressive pieces of energy legislation into law, Massachusetts continues to see strong growth in solar, wind, efficiency and high-technology jobs throughout the clean energy industry. The… Keep reading →
