Ten GOP governors and the premier of Saskatchewan are putting fresh pressure on President Obama to greenlight the proposed Keystone XL pipeline, which would bring Canadian oil sands to Gulf Coast refineries. Premier Brad Wall and the governors, in a letter to Obama Thursday, call the project "fundamentally important" to the future economic prosperity of the United States and Canada.
A new IHS Study measures economic benefits of Unconventional Oil and Gas Production for each State in the United States Lower 48.
As our nation's leaders work to improve our nation's struggling economy, there is one opportunity we cannot overlook: a responsible exports policy. U.S. Senators and Representatives from across the country have voiced their support for natural gas exports as a unique American opportunity that will create jobs and strengthen our energy security.
Proponents of the Keystone XL pipeline recently held a public forum in York to dispel what they call "myths and misinformation" being dispersed by anti-pipeline groups.
Natural gas isn't just for kitchen stoves and and large power plants. Natural gas liquids are widely used in manufacturing thousands of everyday products, as well as fertilizers and other applications that people may not be as familiar with.
It has taken a couple of years for the energy industry to acknowledge a new reality: Natural gas availability is soaring in contravention of forecasting models that have been in use for decades, and the fuel is set to transform everything from power generation and transport to chemicals and even the trade deficit.
The United States will overtake Saudi Arabia to become the world's biggest oil producer before 2020, and will be energy independent 10 years later, according to a new forecast by the International Energy Agency.
Across America's widening energy landscape, the economic impacts of unconventional oil and natural gas are increasingly discernible. These effects are visible within the energy value chain and are extending into the broader reaches of the US economy. The focus of this research series is to assess the evolving economic contributions of unconventional oil and natural gas development activity. This study seeks to quantify how unconventional activity creates economic value in the broader economy through an examination of the exploration and production activity.
TransCanada has proposed to Nebraska officials a new route for the U.S. segment of its Keystone XL pipeline that avoids the Ogallala Aquifer and the Sandhills region in Nebraska. "The identified route, along with our commitment to implement additional safety requirements above and beyond those required for any other pipeline, ensures the protection of Nebraska's resources," said Russ Girling, TransCanada's president and CEO. TransCanada submitted the revised route plan to the Nebraska Department of Environmental Quality.
Even with much of the Gulf of Mexico's energy production shut down as Hurricane Isaac approached the region earlier this week, the natural-gas market barely blinked -- and thatís exactly what analysts said would happen.