Posted January 27, 2014
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 No. 1 priority and said American business would always be the “true engine of job creation.” He also applauded the improving health of the retirement funds supporting the future hopes of so many Americans. Oil and natural gas is playing a key role with both.
Posted January 16, 2014
The U.S. Chamber of Commerce’s Institute for 21st Century Energy laid out a road map for energy policy yesterday. Energy Works for US focuses on nine energy areas including removing barriers to increased domestic oil and natural gas production, modernizing the federal permitting process, regulation reform, and ensuring a competitive workforce.
Chamber CEO Tom Donohue spoke on America’s energy renaissance and opportunities for the future:
“Energy is absolutely essential. We have an opportunity to transform our country from one that is dependent on imports to an energy exporter. The U.S. has such energy reserves; we shouldn’t be reliant on foreign sources.”
Posted December 13, 2013
Bloomberg Poll: 56 Percent Say Keystone XL Would Help U.S. Energy Security
Bloomberg Businessweek: More Americans view the Keystone XL oil pipeline as a benefit to U.S. energy security than as an environmental risk, even as they say Canada should do more to reduce greenhouse gases in exchange for approval of the project.
A Bloomberg National Poll shows support for the $5.4 billion link between Alberta’s oil sands and U.S. Gulf Coast refineries remains strong, with 56 percent of respondents viewing it as a chance to reduce dependence on oil imports from less reliable trading partners. That compares with the 35 percent who say they see it more as a potential source of damaging oil spills and harmful greenhouse gas emissions.
Read more: http://buswk.co/1gwdBJq
Posted December 12, 2013
U.S. voters continue to support approval of the full Keystone XL pipeline by strong, bipartisan majorities. A new Harris Interactive survey of 1,025 registered voters found that 72 percent agree it is in the United States’ national interest to approve the Keystone XL so it can deliver North American oil to U.S. refineries. In poll after poll, Americans have said: Build the Keystone XL.
Posted August 8, 2013
EIA – Today in Energy – Oil and Natural Gas Industry Employment Growing Faster than Private Sector
The U.S. Energy Information Administration reports that from the start of 2007 through the end of 2012, oil and natural gas employment increased 40 percent (more than 162,000 jobs) – compared to 1 percent growth in the total U.S. private sector over the same period.
Posted January 18, 2013
At last week’s State of American Energy event in Washington, D.C., we interviewed some of the attendees on the future of U.S. energy development – which we’ll share in future posts. Below, BP America Executive Vice President Dave Nagel talks about America’s opportunity to move toward energy self-sufficiency through purposeful and careful management of its oil and natural gas reserves
Posted December 4, 2012
Two pieces of good employment news in a new analysis of job opportunities in the oil and natural gas industry’s upstream (pre-refinery) sector:
- With the implementation of pro-energy development policies, including opening new resource areas for drilling, the upstream part of the industry could create more than 500,000 new jobs by 2020 and more than 800,000 by 2030, according to IHS Global Insight.
- More oil and natural gas jobs offer a great employment opportunity for African American and Latino workers. IHS projects that 166,000 or 31 percent of the new oil and gas upstream jobs created by 2020 could be held by African Americans and Latinos. Of new upstream jobs created by 2030, more than 285,000 (35 percent) could be held by African Americans and Latinos.