Latest News

Latest News

EID’s Dave Quast Testifies Before House Committee on California Oil and Gas Potential

Energy In Depth | April 18, 2014 | by Dan Margolis

Currently, in California, the petroleum industry supports approximately 95,000 direct jobs and more than a quarter of a million indirect jobs. And there is good reason to believe that this is only scratching the surface of our potential, as producers discover new ways to access our reserves.  According to a recent study by California State University, Fresno – which used relatively conservative production forecasts — if technical challenges can be surmounted and depending on the pace of innovation and deployment — the development of the Monterey Shale could lead to as many as 195,000 new jobs in the San Joaquin...

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Fracking Not Responsible for Quakes, Professor Says

Natural Gas Intel | April 17, 2014 | by Richard Nemec

Fracking and the disposal of the fracking water "are two different things," Fleckenstein told Summit attendees in Denver. "But the news media picks up on the seismicity and says it has to be caused by fracking, and therefore, that is what a lot of people believe." Read more here.

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Petroleum group says fracking helped reduce greenhouse gas emissions

Los Angeles Times | April 16, 2014 | by Ricardo Lopez

"America is leading the world in reducing greenhouse gases thanks, in part, to the revolution in natural gas production," said the American Petroleum Institute's spokesman Zachary Cikanek. "Innovations in hydraulic fracturing and horizontal drilling have helped make the U.S. the largest producer of natural gas in the world, and these technologies are a great example of how we can grow the economy, create jobs and protect the environment." Read more here.

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Sierra Club Continues to Deny the Science on Hydraulic Fracturing

Energy In Depth | April 14, 2014 | by Katie Brown

Reports by the U.S. Geological Survey, the U.S. Government Accountability Office, the Ground Water Protection Council, and the Massachusetts Institute of Technology have found no credible threat to groundwater from hydraulic fracturing. Two recent peer-reviewed studies concluded that groundwater contamination from hydraulic fracturing is “not physically plausible.”  Read More >> READ MORE

Silicon Valley and Bakersfield Oil Patch lead CA jobs recovery

Cal Watchdog | April 13, 2014 | by Wayne Lusvardi

If there is a possible message contained in comparing the top five metro areas in the U.S. as to job gains with the bottom five areas in California as to jobs lost, it is this: the mining, oil and gas sector is a potential way to grow California’s economy out of the straggling growth since the recession. Read more here.

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Needlessly capping California’s oil

Washington Times | April 11, 2014 | by The Washington Times Editorial Board

Last year, fracking supported 2.1 million jobs and contributed $284 billion to the U.S. economy. As a result, the United States achieved the highest levels of oil production in 25 years. In 2005, America imported 60 percent of its petroleum and that number is down now to 28 percent. The increase in domestic crude oil and natural-gas production means America doesn’t have to defer to the feelings of Middle Eastern sheiks. Read more here.

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No Facts—Just Phony Controversy—Butte County to Say NO to Fracking, Though 10% Unemployment Rate

Stephen Frank's California Political News & Views | April 10, 2014 | by Stephen Frank

>Oh, Butte County has a 10% unemployment rate - I bet those people would like drilling and fracking and the jobs that come with them.  Why does the Butte County Board of Supervisors prefer the People of their county by on the public dole instead of honestly working.  Every board member needs to answer this and then resign - these folks are working for ideological special interests not the families of Butte. Read more here.

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Fracking Moratorium Advances in California Senate

Breitbart | April 10, 2014 | by John Sexton

Democrat Ricardo Lara, who represents an area of Long Beach where fracking is already taking place said of the new bill, "I think an outright ban or moratorium would put a lot of my constituents out of work." Read more here.

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California Lawmakers Advance Bills to Stop Fracking

Bloomberg | April 10, 2014 | by Carolyn Whetzel

Democrats, including Richard Lara, abstained from the vote, saying the measure would impact his constituents that work at oil and gas fields in Southern California. If enacted, the measure would bar hydraulic fracturing, acidizing treatments and other stimulation treatments used to improve mostly oil production in the state. Even if passed by the full Senate and Assembly, S.B. 1132's fate falls to Gov. Jerry Brown (D), who has, so far, not supported a moratorium on oil and gas well stimulation activities. Read more here.

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California Chamber targets 26 bills as 'job killers'

Sacramento Bee | April 09, 2014 | by Dan Walters

Last year, Gov. Jerry Brown signed a bill allowing fracking of California's potentially huge shale oil deposits with state regulation, dismaying anti-fracking environmental groups. He would be unlikely, therefore, to sign either of the two measures aimed at closing off the practice. Read more here.

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Californians for Energy Independence is a coalition that supports state and local policies that allow for continued domestic energy production and opposes those policies – such as oil taxes and energy bans—that would hinder production and increase reliance on foreign oil.


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