Thinking of those who gave their lives to protect our freedoms, including workers who died providing the energy needed to power our economy.
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Posts Tagged ‘energy independence’
On Memorial Day…
Posted in energy policy, Offshore Energy - General, Uncategorized, tagged energy independence, energy workers, gratitude, Memorial Day, security on May 26, 2025| Leave a Comment »
Dan Yergin: “America Can’t Do Without Fracking”
Posted in energy policy, tagged Dan Yergin, energy independence, fracking on November 1, 2024| Leave a Comment »
“This year’s presidential race features an oddity: a discussion about a ban on fracking. What’s striking is that such a conversation is happening at all. This talk takes participants through the Wayback Machine to the first two decades of this century, when hydraulic fracturing and horizontal drilling—together known as fracking—came to public attention. The U.S. was then the world’s largest importer of oil. Today it is energy-independent with, S&P Global estimates, more than 70% of its oil and more than 80% of its natural gas produced through fracking. The process has become essential to the nation’s energy supply and can’t be eliminated.“
“Not long ago the prospect of U.S. energy independence seemed fanciful. For more than four decades every president aspired to it, but their goal seemed unattainable. Many observers considered the U.S. destined to grow more dependent on imports. In recent years, however, America has achieved energy independence on a net basis. U.S. output is closing in on 13.5 million barrels of crude oil a day, exceeding that of perennial big producers Saudi Arabia and Russia by several million barrels per day. Add what are called natural-gas liquids, and the U.S. produces around 20 million barrels per day.“
Holiday message: Opportunity + Ingenuity ➡ Energy Independence + Prosperity
Posted in energy policy, Gulf of Mexico, Offshore Energy - General, Uncategorized, tagged energy independence, Exxon, Gulf of Mexico, Permian Basin on June 30, 2023| Leave a Comment »
As we approach the 4th of July, remember this:
In 1979 Gulf of Mexico oil production had declined to 263 million barrels and many believed that further declines were inevitable. 40 years later, a record 693 million barrels were produced.
Onshore, lateral drilling and hydraulic fracturing capabilities are continuing. As a result, Exxon and others are predicting projecting higher recovery factors in the Permian Basin. Per Exxon CEO Darren Woods: “We are beginning to see the signs of some very promising new technologies that will significantly improve recovery.”
Opportunity + Ingenuity ➡ Energy Independence + Prosperity
Four for the Fourth
Posted in Offshore Energy - General, tagged energy independence, Fourth of July, hydrokinetic energy, offshore energy, offshore oil and gas, Offshore Wind on July 2, 2011| Leave a Comment »
On Independence Day, four keys to realizing our offshore energy potential:
- A national offshore oil and gas program as required by the OCS Lands Act.
- Industry safety and pollution prevention leadership including comprehensive data analyses, research, standards development, management programs, and internal auditing. All operators, contractors, and service companies must participate.
- An efficient, risk-based regulatory program that scrutinizes performance, indentifies weaknesses, and demands excellence.
- Cooperative programs to develop cost-effective, reliable, and safe wind and hydrokinetic energy systems.
Bud's Offshore Energy (BOE) 