News

Syndicate content
Setting The Future Of Oil And Gas In The United States
By: CareerCast.com
A Colorado task force on oil and gas drilling is trying to find agreement on proposals to resolve disputes over local control and landowner rights. The 21-member panel meets again Tuesday as it whittles down a list of 56 suggestions. Gov. John Hickenlooper formed the task force last year and set a Feb. 27 deadline for its recommendations. The panel hasn't taken any final votes. The task force is made up of oil and gas industry representatives, local government officials and civic leaders. READ MORE AT PENN ENERGYmore
Energy Exports on the Rise
By: CareerCast.com
A jump in energy-related exports and a steep decline in oil imports lowered the U.S. trade deficit in December to nearly a three-year low. The improvement suggests the economy grew in the October-December quarter instead of shrinking as the government estimated last week. And the brighter picture for trade illustrates how a boom in oil and gas production is making the U.S. a leader in exporting low-cost energy, while higher domestic sales of fuel-efficient cars are lowering dependence on overseas oil. The trade gap fell nearly 21 percent in December from November to $38.6 billion, the Commerce Department said Friday. ... more
Dept. of Energy Crafts Energy Job Plans
By: CareerCast.com
Secretary Moniz has announced the creation of the Jobs Strategy Council (JSC), an initiative focused on accelerating job growth in American-made clean energy sources while implementing the President’s Climate Action Plan, during a roundtable with the business leaders of Energy Intensive, Trade Exposed industries and their unions, the United Steelworkers, the United Autoworkers, the Machinists, the IUE-CWA, and the AFL-CIO. Building on the President’s effort laid out in the State of the Union to empower working Americans with the education and training they need to earn higher wages and to encourage businesses to decide to innovate and create good, high-paying ... more
North Dakota Oil Industry Possible Haven Amid Economic Cuts
By: CareerCast.com
Oil-rich North Dakota is well positioned to weather automatic federal spending cuts if it is forced to do so, the state's top budget official said Thursday. Republicans and Democrats in Congress and President Barack Obama are at odds over how to reduce the nation's debt by Friday, when $85 billion in across-the-board, automatic federal cuts would kick in. North Dakota may lose about $20 million in federal funding in fiscal 2013 if an agreement is not reached, said Pam Sharp, the state budget director. As the debate intensifies in Washington, most states are bracing for the potential shortfall and scrambling ... more
Following Unique Ideas Can Make You A Success In The Energy Industry
By: CareerCast.com
Sam Etherington, founder of Renewable Wave Power, Lancaster, UK, is willing to take a chance. Admittedly, he can be headstrong when someone tells him he can’t do something. He kiteboards. The latter is actually part of the reason he’s the youngest person ever shortlisted for the UK Engineering Hall of Fame. At the age of 24. Surfing on a kiteboard, he realized the power of waves and developed a way to harvest energy through his wave power generator. READ MORE AT ASMEmore
The Skills Gap in Oil and Energy Jobs
By: CareerCast.com
The world of exploration and production has changed dramatically over the past ten years. There are few places where this is more evident than the U.S., where supply is predicted to continue expanding and eventually reach up to 2.2 million b/d from shale oil alone thanks to advances in drilling technologies which are unlocking additional resources. Yet with the International Energy Agency predicting that the demand for energy will grow by 40 percent by 2030 it has become more important than ever for the oil and gas industry to look to new frontiers in an attempt to increase production. However, ... more
A New Wave In Fracturing
By: CareerCast.com
Although much of the hydraulic fracturing debate focuses on unseen effects below ground, the surface impacts of drilling and ongoing activity are in plain sight. Operators make their own roads to carry heavy equipment to and from the well site. They run pipelines, install water-pumping systems, build power grids, and dig storage ponds for wastewater. Each of these activities is a potential point of community conflict, and also adds to the well’s operating costs. Everyone stands to gain from emerging technologies that increase production efficiency and reduce surface impacts. Accordingly, the U.S. Secretary of Energy Advisory Board’s natural gas subcommittee ... more
Projected Natural Gas Boom Could Have Big Jobs Impact
By: CareerCast.com
Experts say West Virginia's natural gas economy could see nearly six-fold growth by 2035 and revive the state's struggling manufacturing and chemical sectors. While the state's natural gas industry has grown in recent years, driven by development in the Marcellus shale region, American Petroleum Institute executive vice president Marty Durbin says the industry has only just begun scratching the surface. "West Virginia is poised to see a real increase in development in natural gas in the coming years here," Durbin said. Durbin says recent development of the Marcellus, Utica and Bakken shale regions have changed the national outlook for the ... more
The Energy Industry And Public Perception
By: CareerCast.com
Massive and on-going advances in our lives (↑ life expectancy, ↓ hunger, ↑innovation, ↑work efficiency, etc.) can be directly correlated to the widespread commercial use of fossil fuels as they began to power the Industrial Revolution in the early 1800s. Few informed individuals would deny that the energy provided by fossil fuels is still necessary to maintain and continue improving our standard of living in developed countries, as well as providing the energy necessary to bring those same improvements to developing countries. The fossil fuel extraction industry continues to reliably produce their life-enhancing product, and yet it is among the ... more
Projections For The North Dakota Oil Boom
By: CareerCast.com
Two days after a rosy government report doubled the estimate of how much oil is tucked beneath North Dakota, four men hop out of their vehicles into the soft dusk light atop a rock-strewn hill north of town. They point at the barren, rolling landscape dotted with cattle, an oil well and a pond as a half-mile-long train of oil tank cars silently snakes past in the distance. One is a former hedge fund manager who flew in from Connecticut. Another is a real estate investor who drove his pickup from Spokane, Wash. There’s a local civil engineer and a ... more