If you had the ability to have clean, reliable energy delivered to your house at an affordable price, would you do so? Of course you would. And the good news for millions of Americans who use natural gas is that their monthly bills are about to get even easier to pay…
According to most geologists, shale has been a natural geological feature of the earth’s outermost crust for about two billion years now, give or take a couple hundred million. But would you believe it? In all that time, the word “shale” had never been mentioned in a State of the Union address…
It was touted by their PR consultants in a media advisory sent around this week as “a major new paper” in response to the mountain of criticism that has accumulated since the release of their initial study last April (that is, after the first one the year before was retracted).
A new report from the Bipartisan Policy Center’s Energy Project — co-chaired by former Senators Byron Dorgan (D-ND) and Trent Lott (R-MS) — reveals what many of us have known for some time: the development of natural gas from shale is a boon for job creation and is generating enormous benefits for consumers in the form of lower energy costs.
Just a month ago, EID reported on the IHS CERA study commissioned by our colleagues at America’s Natural Gas Alliance (ANGA) on the direct savings for the American consumer because of domestic shale development. The report found that lower natural gas prices would save every American household an annual average of $926 in disposable income between 2012 and 2015 as a result of low natural gas prices. Today, we are back with more good (and early) news.
By now we all know that the development of American energy resources from shale remains a major economic engine for our country, responsible for hundreds of thousands of jobs across the nation. But another important (and under-told) benefit of the “shale revolution” is its role in resuscitating America’s previously declining manufacturing base…
With EID programs currently up and running in both Pennsylvania and Ohio — and having great, collaborative relationships with our friends in West Virginia as well — it’s fair to say that EID is more than a little bit conflicted when it comes to our institutional position on where Shell should build its new $2-billion ethane-fed cracker facility among the several sites currently under review throughout the three-state region.
On Tuesday, over 500 people attended five separate press conferences held throughout New York State with a single purpose—to support the development of natural gas from shale in New York. The lead press conference was held at the Capitol Building in Albany, where the Joint Landowners Coalition of New York presented over 11,000 letters of support to the state Department of Environmental Conservation (DEC).
As you might recall, news reports over the past year have highlighted how once and future Russian president Vladimir Putin, a former KGB agent, is trying to undermine the development of oil and natural gas from shale, rightly regarding these massive new supplies of energy as a direct and growing threat to his hegemony in the region. And now it appears that the revolutionary offspring of the Soviet Union — Fidel Castro’s Cuba — is also joining the ranks of opposition to shale development.