The future of Alaska’s abundant natural gas reserves has hung in the balance for decades, with much disagreement over how to maximize value for the disparate stakeholders and minimize negative environmental impacts associated with developing the gas. However, the US energy picture has been radically redrawn in recent years, finally putting a potential solution within… Keep reading →
Elite economists and analysts from around North America and the world gathered in Austin, Texas this week for the US Association for Energy Economics North America conference. Breaking Energy has been on the ground at the event, covering sustainable energy and anticipated impacts of the US presidential election, as well as responses to Hurricane Sandy.
Unusual for its diversity of approaches and subject areas, the USAEE conference mixes deep dives into areas of technical and financial analysis with broader sweeps of trends driving the business. The mix of attendees, which includes everything from Pulitzer Prize winning authors and senior energy company executives to college students, also balances the sector-specific discussions with valuable real-world and operational insight. Keep reading →
The US energy sector has been a rare bright spot through much of the past four years as first financial firms and then the rest of the global economy has struggled to recover from a grinding and often jobless recession.
Statistics about jobs vary, but any region with significant oil or gas resources has noted the uptick in employment in those sectors as development has accelerated. The most recent numbers from Pennsylvania’s Department of Labor and Industry, for example, show core employment in the Marcellus Shale developments in the state up by 177.5% from first quarter of 2009 to the first quarter of 2012, even as the state’s overall employment level has lagged that of the rest of the country. Keep reading →
Economists at the National Economists Conference in February 2012.
Every attendee at the USAEE/IAEE conference this week has something important to add, from the university students giving their first professional presentations and preparing to enter a rapidly expanding industry to the former ambassadors and corporate chiefs gathered to headline sessions and lunches at the event Austin. Keep reading →
The centrality of the shale revolution to a resurgence in the US economy has been widely examined but rarely given such thorough analytical backing as it is in this video from Rice University’s Professor Peter Hartley.
While Hartley’s comments on North America’s conventional and unconventional natural resource endowment and upside production potential preceded the high-profile release of Boston Consulting Group’s report on the potential for an immense resurgence in the US manufacturing and export sector this week, he notes the degree to which the region enjoys economic and geopolitical competitive advantages in an increasingly globalized international landscape. Keep reading →
Red-state voters spend more of their disposable income on energy than those in blue states, and this election year that has them seeing, well, red.