April 19, 2024

Energy Boom: Is It For Real? Looks Like Answer is Yes

Prompted by President Obama’s unexpectedly cheery assessment of America’s energy outlook in the State of the Union, the Washington Post asked whether the surge in fossil fuel production was real. Yes, the paper concluded, but not for very long. The Post, it appears to me, is too pessimistic. U.S. oil production peaked in 1970s at about 9.6 million barrels per day. It dropped to 4.96 million barrels a day in 2008, the lowest production since …

Read More

Boom in Fuel Production Keeps Obama’s “All Of The Above” Energy Strategy Leaning One Way

Four years ago, when he campaigned for the office he now holds, Barack Obama described the urgent need to pursue clean energy development because of a grave and persistent problem. Demand and prices for oil were rising, along with national and economic security risks tied to ever higher imports. Supplies of domestically-produced fuel, meanwhile, were falling. Last night, as the president defined the basic outlines of an “all-out, all-of-the-above strategy that develops every available source …

Read More

More Rigs, More Wells Describe American Oil and Gas Boom

Every month the Energy Information Administration, a unit of the Energy Department, updates its Total Energy report, one of the most useful compendiums of data describing the interest and capacity of the American energy sector. The latest edition, published last month, illustrates a national oil and gas sector on a roll. Among the rich field of data charts contained in Total Energy, two are arguably the most revealing. Table 5.1 (page 77) reports that the …

Read More

Political Irony for Obama in North Dakota Oil Boom: Energy Sector Leads Jobs Recovery and Re-Election Chances

Early this morning Scott Terrell boarded Amtrak’s Empire Builder in Coeur d’Alene, Idaho for the overnight ride east to Williston, N.D. A month ago I met Scott while riding the same train to the heart of the northern Great Plains oil and gas boom. In the weeks since, I’ve learned more about the influence of energy development in the Dakotas and other states, and how it affects men like Terrell. Let’s just put it this …

Read More

North Dakota Oil Boom Like Air Ambulance Flying In Storm

The day after Christmas, Scott Terrell, a painter and carpenter from Coeur d’Alene, Idaho turned 58. Never has he felt the weight and wear of his years so acutely. Last August Terrell joined the army of oilfield mercenaries that are rapidly converting great stretches of North Dakota, Montana, South Dakota and Wyoming into the most productive fossil fuel development zone in U.S. history. He quickly landed a job driving a Volvo haul truck on a …

Read More

North Dakota’s Oil Boom Leads U.S. Out of Recession

Sunday evening, December 2011, Amtrak’s eastbound Empire Builder pulls into Williston, North Dakota, a fast-growing northern Great Plains city riding the lashing tail of an oil-drilling dragon. A crowd gathers on the station platform. Men coming. Men going. Big pickups rumble in the parking lot. Four years into a drilling frenzy that has pushed North Dakota to the top of the nation’s oil-producing states, the sound of Williston is diesel engines. The scent is diesel …

Read More

Great Plains Bakken Riches Describe New Wealth, New Risk

GLENDIVE, MT — Myrna Quale and Laura Glueckert own and manage  The Enchanted Room here in this Dawson County town of 4,700 residents close by the border with North Dakota. In the last nine months, they said in an interview, business in their W. Towne Street fabric and floral gifts store has picked up 15 to 20  percent, “and we had a good business to start with,” said Quale. “I view it as a positive …

Read More

Bakken and Other Big Oil and Gas Plays Produced 200,000 New Jobs Since 2005

WILLISTON, N.D. — A pad of ice four inches thick greeted Ron Ivory on a clear and cold December morning at the busy water depot south of town. Ivory is 47 years old, a stocky and bearded truck driver from Vernal, Utah, with 23 years in the business. He’s been in North Dakota two weeks, working 14 hour days and earning $25 an hour hauling fresh water, 130 barrels a load, to oil production sites. …

Read More

Is American Energy Exploration and Production Breaking the Great Recession?

WILLISTON, ND — The Saturday morning earlier this month that Scott Terrell and I had breakfast at Gramma Sharon’s Family Restaurant, every seat was taken by roughnecks and drivers fueling up before heading out to work this state’s giant oil patch. The line of customers waiting to pay their bills was so long I did something I rarely do on reporting trips. I left cash on the table and utterly violated the ethos expressed on …

Read More

Bakken Oil Wells Surround North Dakota National Park

MEDORA, ND — Buck Hill is one of the tallest points in Theodore Roosevelt National Park, which spreads across more than 70,000 acres of grass and tight canyons where North Dakota meets South Dakota and Montana. Several weeks ago Valerie Naylor, the park superintendent, hiked to the summit and counted six oil drilling platforms within eyesight. In the next few months more rigs will surround the park’s boundaries. With them will come open waste pits …

Read More