The OurEnergyLibrary aggregates and indexes publicly available fact sheets, journal articles, reports, studies, and other publications on U.S. energy topics. It is updated every week to include the most recent energy resources from academia, government, industry, non-profits, think tanks, and trade associations. Suggest a resource by emailing us at info@ourenergypolicy.org.
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A decade ago, experts predicted that the United States would become increasingly dependent on natural gas imports to meet domestic demand. In recent years, however, natural gas producers have discovered new ways — using a combination of hydraulic fracturing and horizontal drilling — to access natural gas trapped in shale formations, such as the Marcellus Shale located underneath Pennsylvania, New York, and West Virginia. Between 1990 and 2012, natural gas production in the United States increased by 34%. The Energy Information Administration (EIA) projects that under existing policies natural gas production will rise by an additional 39% by 2040, primarily …
View Full ResourceThe analysis presented in this report considered the relative impact of a realistic range of supply and demand drivers that will shape future U.S. energy markets.
The scenario analysis revealed that within the suite of natural gas supply and demand assumptions considered, there are ample domestic supplies of natural gas to meet future demand without significant price increases.
Similarly, the analysis shows that the United States is uniquely positioned to take advantage of the economic, environmental, and energy security benefits of the country’s large natural gas resource base. Natural gas resources have the potential to create new market opportunities for …
View Full ResourceA comparison of the oil and gas industry to other industries, by percent of America’s GDP, total jobs supported by the industry, and taxes paid to the Federal Government.…
View Full ResourceNatural gas production in the United States has increased rapidly in recent years, growing by 23 percent from 2007 to 2012. This development has significantly changed projections of the future energy mix in the U.S. Advances combining horizontal drilling and hydraulic fracturing have enabled producers to access vast supplies of natural gas deposits in shale rock formations. This shale gas phenomenon has helped to reduce energy prices, directly and indirectly supporting growth for many sectors of the U.S. economy, including manufacturing.
This paper seeks to clarify what is known about methane emissions from the natural gas sector, what progress has …
View Full ResourceThe possibility of a significant increase in U.S. natural gas exports will factor into ongoing debates on the economy, energy independence, climate change, and energy security. As the proposed projects continue to develop, policymakers are likely to receive more inquiries about these projects. Proposals to expedite and expand LNG exports have already been raised in the 113th Congress, including in S. 192 and H.R. 580. Two other bills, H.R. 1189 and H.R. 1191, would reform the DOE’s process for determining the public interest regarding LNG exports and prohibit exports of natural gas produced on federal lands.…
View Full ResourceIn 2012, U.S. oil production rose by 790,000 barrels per day, the biggest annual increase since U.S. oil production began in 1859. In 2013, the Energy Information Administration expects production to rise yet again, by 815,000 barrels per day, which would set another record. Domestic natural gas production is also at record levels.
The dominance of oil and gas in our fuel mix will continue. The massive scale of the global drilling sector, combined with its technological prowess, gives us every reason to believe that we will have cheap, abundant, reliable supplies of oil and gas for many years to …
View Full ResourceDemand for electricity is being tempered by energy efficiency improvements, and renewable energy sources are increasingly viable. Nevertheless, large‐scale electricity generation will be needed for the foreseeable future. With growing concerns about greenhouse gases and hazardous as well as conventional air pollutants, coal has fallen out of favor. Its traditional role as the mainstay of electricity generation is shrinking. What will take up the slack? Gas‐fired plants and nuclear power plants are the two most likely candidates.
The white paper prepared following a symposium held by the Howard H. Baker Jr. Center for Public Policy on September 20‐21, 2012, based …
View Full ResourceIn 2012, oil prices ranged from $80 to $110 per barrel (West Texas Intermediate spot price) and remain high (above $90/barrel) in early 2013. A number of proposals designed to increase domestic energy supply, enhance security, and/or amend the requirements of environmental statutes are before the 113th Congress. A key question in this discussion is how much oil and gas is produced in the United States each year and how much of that comes from federal versus non- federal areas. Oil production has fluctuated on both federal and non-federal lands over the past five fiscal years. On non-federal lands, there …
View Full ResourceExporting liquefied natural gas (LNG) to American allies can improve their energy security, erode oil-indexed gas contracts in Asia, and reduce the influence of un- friendly nations using energy as a political weapon.…
View Full ResourceIn international trade, a gap between theory and practice has always existed. Theory stresses, as an underlying ideal, the economic benefits of trade based on comparative advantage. In practice, and for a variety of reasons—institutional constraints, political factors, ambiguity of legal doctrine, bilateral or multilateral treaty obligations—the ideal intermittently bows to reality, whether in the form of explicit protectionism or other barriers.…
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