Washington Examiner – Fracking Could Create New Wealth for New York In a guest column, former Department of Labor Chief Economist Diana Furchtgott-Roth discusses the opportunities hydraulic fracturing could bring to New York state. “Using the Pennsylvania data to project fracking's effect on New York counties, I find that the incomes of those who live…
Energy Tomorrow
Keystone XL and Possibilities
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Lots to like in President Obama’s remarks earlier this week from New York: “When it comes to energy, not only have we been able to double our production of clean energy, but even in terms of traditional energy, we will probably be a net exporter of natural gas in somewhere between five and ten years. …
First Look: BLM’s New Fracking Rule Proposal
An early look at the Bureau of Land Management’s (BLM) proposed new rule governing hydraulic fracturing on federal and Indian lands shows the challenge of trying to create a new rule that doesn’t just add regulation on top of effective state rules already in place. Certainly, BLM’s aim with this rule, compared to a previous…
Study: No Groundwater Contamination from Arkansas Fracking
There’s no evidence of groundwater contamination from shale natural gas production in Arkansas’ Fayetteville play. So says a new study by a team of Duke University-U.S. Geological Survey scientists. Their key conclusions: “Our results show no discernible impairment of groundwater quality in areas associated with natural gas drilling and hydraulic fracturing. … Only a fraction…
Energy Today – May 16, 2013
Breaking Energy – Sieminski: U.S. Tight Oil Growth Helping Lower Global Crude Price U.S. tight oil production has helped to shave about $20-$25 per barrel from Brent crude oil prices, and continued output growth could further impact global pricing, says Energy Information Administration Administrator Adam Sieminski. E! Science News – Groundwater Unaffected by Shale Gas…
Report: Big Job, Economic Numbers Would Accompany LNG Exports
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Key findings in a new report by ICF International, analyzing the potential impacts of exporting U.S. liquefied natural gas (LNG): Jobs – Average net growth is projected to range from 73,100 to 452,300 between 2016 and 2035. ICF: This wide estimated range reflects the fact that the net job impacts will depend, in part, on…