Ever wonder how oil drilled out of the ground reaches your car and home products, check out this infographic to find out and more! View post on imgur.com Courtesy of Aries Residence Suites.
Horizontal Drilling
Infographic: Where the Gasoline in Your Car Comes From, the Petroleum Value Chain
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By Energy Tomorrow BlogThe U.S. Energy Information Administration’s (EIA) new Annual Energy Outlook for 2015 contains a number of stats, charts and projections, but you could boil them down to a couple of important points. First, oil and natural gas are and will continue to be the foundation of an all-of-the-above energy approach that’s key to continued U.S.… Keep reading →
Statistics in the U.S. Energy Information Administration’s Monthly Energy Review for March show U.S.domestic energy production meeting about 89 percent of the country’s total energy demand. That’s up from 84 percent in 2013 and 2012 and reflects a key result of the domestic energy revolution: growing U.S. self-sufficiency. Two charts. First, EIA data showing U.S.… Keep reading →
New York Embraces Politics, Fear With Fracking Ban
By Energy Tomorrow BlogSome interesting perspective on New York’s decision to ban hydraulic fracturing – from neighboring Pennsylvania, where safe fracking has lifted the state economy while directly benefiting cities and towns all across the commonwealth. Jeffrey Sheridan, press secretary for Governor-elect Tom Wolf’s transition team (to the Philadelphia Business Journal): “Governor-elect Wolf opposes a ban, and he… Keep reading →
A new University of Colorado study affirms the dynamic and critical role energy development is playing in the state – in terms of support for public schools, job creation and the economy. Just looking at 2012, oil and natural gas activity generated more than $200 million for Colorado schools, supported nearly 94,000 jobs in the state and… Keep reading →
There’s more evidence that the U.S. oil and natural gas industry is driving economic growth – not just in the industry itself, but also in the vast supply chain that sustains energy development – adding to overall GDP, wages and revenues to government. A new IHS study, commissioned by the Energy Equipment & Infrastructure Alliance (EEIA) estimates… Keep reading →
North Carolina Edges Closer to Safe, Responsible Fracking
By Energy Tomorrow BlogNorth Carolina is about to join America’s energy revolution. This week the state’s Mining and Energy Commissions (MEC) conducted the first of four scheduled public hearings on proposed hydraulic fracturing regulations, the final adoption of which could allow fracking as early as next spring. The MEC hearings mark the close of a two-year process to lift… Keep reading →
Future oil and natural gas production as well as exploration is expected to take place in some of the most remote and inaccessible places in the world. Reservoirs with the highest commercial potential are seen to be located offshore in deep waters or in the Arctic. Both “frontier” areas have challenges in common such as… Keep reading →
More data from the U.S. Energy Information Administration (EIA), pointing toward American energy self-sufficiency: The agency reports domestic energy production accounted for 84 percent of total U.S. energy demand in 2013, a ratio last seen in the early 1990s. EIA: The portion of U.S. energy consumption supplied by domestic production has been increasing since 2005, when it was… Keep reading →
A disrupted planting schedule and unusually wet weather has increased demand for propane used to dry corn, creating shortages exacerbated by transportation bottlnecks. “A lot of guys are being rationed at 300 to 500 gallons a day, and it’s just not enough,” said John Plathe, 49, a corn farmer in west-central Minnesota. “If this were… Keep reading →