More evidence that shale energy in Ohio is looming as an economic dynamo.

First, an op-ed from the Coshocton Tribune discusses ways southeast Ohio can prepare for economic growth stemming from shale energy development. Consultant Jim Evans:

“With current interest in the area's Utica shale resources, there once again is hope for jobs and economic prosperity. Estimates of the numbers of jobs that could be generated vary based on who is making the prediction, but even the most conservative estimates offer promise. If oil and gas development comes to fruition, companies who supply the oil and gas industry will obviously have opportunities to prosper. However, good fortune won't only be reserved for direct suppliers. Most area businesses will have an unparalleled opportunity to capital... more »

Common sense should be applied to a federal transparency proposal – the U.S. Securities and Exchange Commission’s pending Section 1504 rule that would make U.S. energy companies disclose what they pay foreign governments and the U.S. government for projects in those countries. The rule also should be consistent with administration policy … as in a directive from the president himself.

The president’s May 1, 2012, executive order, promoting international regulatory harmony and reducing unnecessary business costs by aligning U.S. regulations with those in other nations, appears applicable to Section 1504 – which looks like a harmony wrecker and more.

In written comments to the commission, API Vice President and General Counsel Harry Ng argues Section 1504 could bring U.S. companies int... more »

Who could have imagined the day would come when the Natural Resources Defense Council (NRDC) crafted a report focused on relieving Americans’ “pain at the pump”? 

But there it is: the same group that once stated “there’s nothing we can do to control the price of gas in America” released a paper this week outlining the ways in which Keystone XL pipeline is apparently poised to make prices at the pump go higher – as if higher gas prices were something the group actually opposed. 

Of course, we know the truth about NRDC’s position on gas prices – that they support policies that increase the cost of fossil fuels to discourage their use. What’s tougher, though, is determining how the group came up with a methodology allowing it to argue, in effect, that greater supply of secure sources of... more »

Interesting report in the Boston Globe about how a ripple of economic benefits from shale natural gas development is reaching a non-energy state, Massachusetts.

Clean Harbors, Inc., a Norwell, Mass., company that delivers environmental services, estimates that demand for its know-how from shale-rich Pennsylvania generated 25 percent of its $2 billion in revenues last year – a number it expects to grow this year. “We just see a tremendous market that needs all of the services we provide,” says Chief Executive Alan McKim, who figures his company’s shale-related business is growing about 25 percent a year. “In the U.S., there’s huge potential,’’ McKim says. The Globe adds:

“Clean Harbors is just one example of how the unlocking of natural gas reserves hundreds of miles away promises... more »

The Congressional Research Service (CRS) added to the pile of conflicting well-to-wheels analyses with its report released this week, “The Life Cycle Assessment of Canadian Oil Sands,” written in the context of the Keystone XL project. Just like its predecessors, CRS wades into the world of assessment comparisons, choosing previously-published reports with seemingly common variables to come up with an emissions calculation slightly different from the rest. The problem, however, is that more often than not, apples are compared to oranges and policymakers are misled.

The report concludes that the Canadian oil sands emit 14 to 20 percent more greenhouse gases (GHGs) in a well-to-wheels (WTW) comparison with other crude oils imported into the United States “despite differences and input as... more »