Posted March 29, 2013
Chicago Tribune – Energy Security and American Jobs
Editorial: “It's time to approve, at long last, [the Keystone XL] pipeline. And to let the North American energy industry make the most of the opportunity afforded by the mining of shale-oil deposits and the expanded use of hydraulic fracturing, known as fracking, to produce natural gas and oil. Allow America to draw on its bounty. The economy will benefit. The nation will be more secure and successful. And Americans will go to work.”
Fuel Fix Blog – IHS: Gulf Coast Refineries Good Place for Canadian Crude
The Houston Chronicle’s Jennifer Dlouhy reports on a new study that says there’s a greater economic boost from processing oil sands crude at U.S. refineries instead of first upgrading it in Canada.
Posted March 25, 2013
NBC News – Energy Boom Begins to Ripple Through U.S. Economy
In the second part of an NBC News-CNBC special report, John Schoen reports on the economic benefits being felt in manufacturing industries – steel, chemical and plastics – thanks to increased energy development spurred by hydraulic fracturing.
Houston Chronicle – Oil and Gas Industry Shows Demand for Skilled Labor
Regions with shale plays have led the country in job growth the past few years. The Eagle Ford play created almost 100,000 jobs last year alone. As the energy surge continues in shale development regions, jobs for skilled laborers like welders, pipefitters and other service workers are the most in-demand. The Houston Chronicle highlights how local communities are expanding programs at community colleges to train students for a future in the industry.
Posted March 20, 2013
Forbes – The Texas Shale Oil & Gas Revolution
Eagle Ford Shale is “a blessing for Texas and Texans” writes Forbes contributor David Blackmon – highlighting the fact that the Lone Star state produces 30 percent of U.S. natural gas and roughly 30 percent of U.S. oil.
New York Times – A Model for Reducing Emissions
Columnist Eduardo Porter explains how the United States is a “model for reducing carbon emissions” – with a significant role being played by increased natural gas development and use. He points out that the U.S. had perhaps the biggest emissions decline among industrial countries since 2007.
Posted March 14, 2013
Wall Street Journal – Drill, Barack, Drill
President Obama does a neat John D. Rockefeller imitation these days, taking credit for soaring domestic oil and gas production as if he planned it that way. Not quite. As a new Congressional Research Service (CRS) reports shows, "All of the increased [oil] production from 2007 to 2012 took place on non-federal lands."
The New York Times – Ohio’s Resurgent natural Gas Industry Spends Millions to Set Up Shop
Natural gas buried in shale thousands of feet below the surface is attracting more than $1 billion in private investment and rapidly reviving the area as an energy producer. To prepare, market and transport the natural gas, companies are building an expansive network of regional field offices, processing plants and other infrastructure.
Posted March 13, 2013
Christian Science Monitor – Jobs Report: The Energy Connection to Growth
Good news on Friday: the U.S. economy added 236,000 jobs in February, with more than 1,000 were added in the oil and natural gas industry. Contributions from the industry over the last year have added more than 20,000 jobs. The contribution comes from many areas: oil and gas extraction employment is up 10,000 jobs over the past year; utilities, up 6,000 jobs; coal employment, by contrast, down 5,000. Renewables are also growing slowly. But the jobs impact from the energy sector, especially the boom in unconventional oil and natural gas extraction, is much greater than that, driving a need for construction workers, engineers, truck drivers, and a host of related occupations.