Posts tagged ‘American Jobs’

August 31, 2011

Ethanol: U.S.-produced fuel is leading oil alternative – baltimoresun.com – Stephanie Dreyer

Ethanol: U.S.-produced fuel is leading oil alternative – baltimoresun.com.

Karen Hosler’s recent opinion piece calling for an end to ethanol subsidies (“End the ethanol charade,” Aug. 30) uses sweeping generalizations that distort the truth about grain ethanol’s role in fostering America’s energy independence and producing food as well as fuel.

Domestic ethanol is the single-best alternative to foreign oil we have today. In 2010, ethanol reduced imports by 445 million barrels of oil — more oil than we import from Saudi Arabia. And America’s ethanol industry helped reduce farm subsidy payments by $10.1 billion, added $53.6 billion to the economy and reduced gas prices by $34.5 billion.

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August 30, 2011

Open Fuel Standard: Putting the Free Market to Work in the Interests of National Security – Thomas Buonomo

Open Fuel Standard: Putting the Free Market to Work in the Interests of National Security.

While domestic energy policy is not a silver bullet, it can help extricate the United States from foreign entanglements that have long confounded American decision-makers. History’s painful lessons offer us the power to move our elected officials to act in the interest of renewed economic vitality and national security. From the tragedy of U.S.-Middle East relations is born opportunity.

August 26, 2011

Environment statement on pipeline brings nation closer to thousands of new jobs – Sabrina Fang

Environment statement on pipeline brings nation closer to thousands of new jobs.

WASHINGTON, August 26, 2011 ─ API welcomed the U.S. State Department’s final Environmental Impact Statement on the Keystone XL pipeline project and urged the agency to complete its national interest determination and issue permits for the pipeline without delay.

“The nation’s quintessential shovel-ready project is a step closer to reality,” said API Refining Manager Cindy Schild.  “That’s good news for tens of thousands of Americans who stand to find new jobs when this pipeline project is finally approved.  If the State Department gives the final okay, hiring could begin immediately in hundreds of American companies in the Midwest and across the country.”

August 18, 2011

Biodiesel industry producing record volumes, fueling job creation – Biodiesel Magazine | biodieselmagazine.com

Biodiesel Magazine | biodieselmagazine.com. U.S. biodiesel production reached a new monthly high of 81 million gallons in June, according to the latest EPA statistics, marking a third consecutive month of record volumes and continuing a remarkable turnaround in which biodiesel production in the first half of 2011 has already eclipsed production for all of 2010.

Despite the weak economy, the biodiesel industry is on track to produce at least 800 million gallons this year, more than double biodiesel production of 315 million gallons last year, when Congress allowed the biodiesel tax incentive to temporarily lapse. According to a recent economic study, this year’s rejuvenated production will support more than 31,000 U.S. jobs and generate income of nearly $1.7 billion to be circulated throughout the economy. It also is expected to generate an estimated $345 million in federal tax revenue and $283 million in state and local tax revenues.

August 16, 2011

Shale and its Discontents – Robert Bryce – National Review Online

Shale and its Discontents – Robert Bryce – National Review Online. The shale-gas (and shale-oil) revolution is the single most important development in the North American energy sector since the discovery of the East Texas Field in 1930. But you won’t get that story by reading the New York Times.

Instead, two recent articles by Ian Urbina, the Times’ designated reporter on shale development, claim that the shale business is overhyped.

August 11, 2011

Oil, natural gas extraction is clean, says Gov | Colorado Statesman – Peter Marcus

Oil, natural gas extraction is clean, says Gov | Colorado Statesman. Gov. John Hickenlooper called negative reports concerning dangers associated with hydraulic fracturing “hyperbole,” arguing that there is no scientific fact to indicate that the oil and natural gas extraction process contaminates groundwater in Colorado.

The Democratic governor made his comments Aug. 2 during a keynote address at the Colorado Oil and Gas Association’s annual Energy Epicenter Conference held at the Colorado Convention Center. Hickenlooper himself is an alum of the industry, having worked as a geologist in the 1980s before he ventured into the beer crafting brewing business and later politics. The governor said he would like to see new rules in Colorado that would require the oil and gas industry to disclose ingredients used in the hydraulic fracturing process. But Hickenlooper is not encouraging the disclosure because he thinks the so-called fracking process is dangerous — he believes the public will back off their concerns when they see that the ingredients used in the process, and the process itself, is nothing to worry about in terms of contaminating groundwater.