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Posts Tagged "oil and gas"

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Guest Post: Fossil Fuels – A New Normal

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By Deborah Gordon Unconventional oil and gas plays are becoming the new normal. At current market prices technically recoverable oil reserves are transformed—58 percent of today’s oils require unconventional extraction techniques or have entirely different physical and chemical characteristics than yesterday’s crude oil. Looking to the future, at a minimum, the oil in place globally could [...]

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Guest Post: Oil and Gas – An American Jobs Producer?

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The U.S. national unemployment rate is 8.2%. That is pretty high. But one thing is clear: states that produce oil and gas, on average, are in significantly better shape than those that don’t. Take a look: Data compiled and graphed by Scott McNally. Data sources: Unemployment rates by state – Bureau of Labor statistics (2011). [...]

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