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 »

Over on the White House Blog, there’s genuine enthusiasm for natural gas, and for good reason.  Natural gas is clean-burning, affordable and so abundant that a number of experts describe it as a game-changer, a 100-year energy source.

In the here and now, natural gas that comes from shale through hydraulic fracturing is lifting state and regional economies while revitalizing the U.S. manufacturing sector. Heather Zichal, deputy assistant to the president for energy and climate change:

“Since taking office, President Obama has supported an all-out, all-of-the-above strategy that develops every available source of American energy. A strategy that’s cleaner, cheaper, and full of new jobs. As part of that effort, the Administration has focused on expanding production of natural gas. A... more »

During a recent conference call with reporters API Chief Economist John Felmy said the country is at a “crossroads of energy and economic policy.” That’s quite a crossroads. Chad Moutray, chief economist at the National Association of Manufacturers, pointed out that manufacturing has added 462,000 net new jobs since 2010, and that continued growth hinges on energy and regulatory policy. So, where do we stand?

The administration’s energy policy is a muddle, as IPAA President and CEO Barry Russell argues in this Roll Call piece:

“Obama calls to expedite infrastructure projects, but in the wake of rejecting the Keystone XL pipeline. Obama claims increased oil and natural gas production on his watch, but then follows up with accusations that oil companies are profiting at the expense... more »

A follow-up to our follow-up on a Washington Post article that dismissed the effects of increased U.S. oil production on global crude oil markets. The story also took shots at the oil and natural gas industry’s ability to create jobs, as well as industry assertions about the potential effect of a new gasoline standard on refineries.

Let’s start with jobs. A Wood Mackenzie study released last fall said that with the right policies the oil and natural gas industry could create 1.4 million new jobs by 2030. Here’s what the job-creation growth looks like in a chart from that study:

As it has done in previous articles, the Post suggested the projection isn’t valid because it includes direct, indirect and “induced” jobs – “everything from day-care workers to valets to rocket scientists.... more »

A year ago this week the FracFocus.org online chemical disclosure registry was created, and what a year it has been: 130 companies logging in the chemicals used in the hydraulic fracturing of more than 15,000 wells. More than that, the site is information rich on fracking, groundwater protection, state regulatory efforts and more.

The registry was developed by the Groundwater Protection Council and the Interstate Oil and Gas Compact Commission.  Most importantly, it has been embraced by the oil and natural gas industry as a useful response to legitimate questions about the pressurized fluids – 99.5 percent water and sand, 0.5 percent chemicals – used to fracture subterranean shale formations, freeing natural gas and oil.

According to a report in The Oklahoman, the site has become... more »