This infographic takes a look at natural gas production in the United States from 2009 to 2013, highlighting the shale gas boom and increasing production efficiency. To view the interactive version click here.
Energy in Depth, one of the leading sources for information of America’s energy resources, recently published an infographic discussing water footprint. The oil and gas industry takes conservation seriously, and is working hard to reduce water use. Energy in Depth has cultivated statistics and updates from various companies, detailing the progress they have made in reducing their water footprint, and becoming more efficient overall.
The University of San Antonio Institute for Economic Development released their 4th economic assessment titled “Economic Impact of the Eagle Ford Shale”. In these assessments, they speak about the economic output of the Eagle Ford Shale and how it affects the job market and energy output.
In this new study, USAIED found that in 2013, the Eagle Ford Shale generated more than $85 billion in economic output, employed more than 150,000 people and added in $2.2 billion in revenues to local and state governments. The assessment goes on to speak about how the Eagle Ford Shale is further exceeding previous economic projections for the shale. These findings show that the Eagle Ford shale doesn’t display the boom and bust cycles that have affected past shales, but instead show signs of longevity.
You can read more about the study on Energy In Depth, and you can read the…
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Sugar Land, Texas, Nov. 3, 2014 – Dimension Energy Services, an energy services company based in Texas, has joined the U.S. Business Association Center in an effort to further solidify its vocal commitment to offering top-tier service to each and every customer and to ensure that its customers are covered under both the Pipeline Safety Act and Clean Air Act.
Joining the U.S. Business Association Center was a natural fit for Dimension Energy Services. Dimension offers services for the energy industry including construction, maintenance, asset reliability, and asset outsourcing. All of these services are performed by a dedicated team that is committed to quality and customer satisfaction. The U.S. Business Association Center acts as a hub for businesses that focus on quality plus ethical conscientiousness and not simply profits. This allows businesspeople in need of services to go to one place to find a reputable company that will offer these…
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In President Obama’s speech given at Northwestern University in early October he speaks on the economic and energy security benefits of American oil and natural gas production. Below is an excerpt from President Obama’s speech:
“We upped our investments in American energy to reduce our dependence on foreign oil and strengthen our own energy security. Today, the number one oil and gas producer in the world is no longer Russia or Saudi Arabia; it’s America. For the first time in nearly two decades, we now produce more oil than we buy from other countries. We’re doing it so fast that two years ago, I set a goal to cut our oil imports in half by 2020 – and we will meet that goal this year.”
Visit myFOXchicago.com to read the full transcript of President Obama’s speech at Northwestern University.
Watch President Obama’s full speech in the video below.
Source: Energy in Depth
Americans are seeing gas prices decrease thanks to a record high in domestic production from shale development. An independent study by Lundberg Study Inc. backs this claim in their report, citing the average price of gasoline has dropped a relatively whopping $0.1466 from a year ago.
While the United States is still tied to the global market for energy and natural resources, the rise in domestic shale production has clearly benefitted the average consumer. A report from the Center for New American Security explains that domestic production energy keeps consumers safe from global disruptions and price spikes. According to the American Automobile Association, the average Joe would be paying $0.40 more per gallon gas if it were not for domestic energy production.
Energy expert Dan Steffens speculates that gas prices could be significantly higher due to the global disruption in the Middle East. Again, due to the production of domestic energy, Americas are protected from astronomically higher prices caused by global strife. Time and time again, history has shown fluctuation in the energy markets in times of unrest.
Thanks to the energy revolution going on, the United States has managed to secure our sources of energy and pass on those savings to the consumer, thanks to the increase in shale development. Even while other countries experience unrest and fluctuating energy cost, the recent developments help curtail any disruption in the domestic energy markets. It goes to show that shale development and domestic energy production benefits each and every American.
This video from Energy in Depth shows some highlights of the shale revolution in the United States and how the revolution is reducing America’s reliance on foreign energy, strengthening its position as a global market leader in the production of oil and natural gas.
In the video you will see clips and quotes from major news publications and U.S. political figures such as Barack Obama, discussing and commenting on the development of America’s shale resources and American energy independence.