Results tagged “energy”

The study states that "as a result of the oil spill, the future costs of drilling and operating in the Gulf will rise considerably" due to the following factors: 

This year the nation is facing a similar situation. The United States is struggling to overcome the worst recession since The Great Depression, and economists say the sputtering recovery is not producing new jobs. Some 15 million Americans are out of work.

After taking a series of potshots at the American Petroleum Institute in his Sunday column ("Big Oil has it backward," Page D1), Loren Steffy closes with: "We need to proceed cautiously with new drilling and move quickly to draft new regulations that are broad and flexible enough to raise drilling standards without stifling a vital energy source."

American citizens have plenty to worry about. With 15 million workers in unemployment lines, family budgets under pressure, and higher taxes looming on the horizon, Americans from all walks of life are feeling insecure and wondering about their children's futures.

This would be a mistake that could threaten vehicle performance and safety, void manufacturers' warranties, confuse consumers - and create a public backlash against renewable fuels.

Interestingly, the poll also shows 64 percent of Democrats say the drilling freeze should continue, while 66 percent of Republicans favor removing the moratorium.

He should have called 811 before he began to dig.

Today is Canada Day. On July 1, 1867, Canada became a self-governing country consisting of a federation of the four provinces of Nova Scotia, Ontario, Quebec and New Brunswick. Since this is a national holiday, Canadian citizens across the country are celebrating with parades, festivals and fireworks.

It's fitting that on this day we acknowledge Canada's contributions to America's energy security.

In today's episode, I interview Rep. Dean Cannon, Speaker Designate of the Florida House of Representatives, about his bill to open up Florida's State-owned waters to offshore drilling. Rep. Cannon says this proposed bill would help boost the state's economy while protecting Florida's tourism sector. He also references a recent study, conducted by the Willis Group, which shows the low risks associated with offshore drilling.

In today's episode, I interview Erik Milito, API's group director of upstream and industry operations, about President Obama's plan to open areas on the Outer Continental Shelf for offshore drilling. Erik says this is a step in the right direction, and explains how opening even more areas offshore could benefit the economy.

On the same day President Obama announced his offshore drilling plan, Shell announced that it "smashed the water depth record for an offshore oil drilling and production by over 50%" by starting oil production at its Perdido platform.

U.S. Steel Corp. is offering tangible proof that energy development can create jobs. This week the corporation announced it's considering expanding its Lorain, Ohio, steel tubing plant and adding a new steel coating line to a joint venture near Findlay, Ohio.

One of the primary reasons for the new investments is the company's proximity to the Marcellus Shale formation, where energy companies are using steel piping to drill for natural gas.

In today's episode, I interview Bruce Allen, physicist and co-founder of SOS California, about his research on natural oil seeps and the positive impact oil and natural gas production has on California's coastal environment. Bruce says studies show Santa Barbara's offshore production reduces naturally occurring oil seeps, helping to decrease water pollution and improve air quality.

In today's episode, I interview Brett Vassey, president and CEO of the Virginia Manufacturers Association, about the state's energy summit scheduled for March 11 and the importance of accessing oil and natural gas resources off Virginia's coast.

Today's debate over energy policy is often defined as an either/or proposition: Either the nation embraces and invests in renewables, or it continues to rely on fossil fuels such as oil and natural gas.

Against this confrontational backdrop, it's refreshing to hear from someone who takes a holistic approach to energy policy and injects some common sense into the discussion.

Last week on EnergyTomorrow.org, we relaunched a portion of the site called the "Interactive Tech Tour," now simply known as the "Energy Tour." The Energy Tour allows visitors to learn more about different facets of the oil and natural gas industry by choosing from four different themes:

A few days ago, two members of Congress launched an investigation into the energy development practice known as hydraulic fracturing. Reps. Henry Waxman (D - Calif.) and Edward Markey (D - Mass.) sent letters to eight hydraulic-fracturing companies to request information on the substances used in the process.

In today's episode, I speak with attendees at the Conservative Political Action Conference (CPAC) about the importance of domestic production and exploration of oil and natural gas and how accessing those resources could improve the nation's economy.