Recent advances such as hydraulic fracturing, horizontal drilling, as well as new discoveries, increased exports, and infrastructure improvements will lead to less volatility, larger scale drilling programs, increased cycle times, and a larger permanent workforce and population. These changes and their associated spin-off effects will lead to myriad economic benefits, including increased output (real gross product), greater personal income, new (and higher paying) jobs, additional retail sales, and enhanced tax revenues. The resulting growth brings enormous potential benefits, but also has profound implications for housing, infrastructure, education, health & wellness, and quality of place. Proactive efforts to prepare for the coming growth can position the area to emerge stronger and more prosperous in the future.
Alaska LNG will revolutionize the Alaska economy, allowing domestic use of Alaska's natural gas resources while developing liquefied natural gas ("LNG") processing facilities so natural gas can be exported. People across the state will benefit, both directly and from multiplier effects through the economy.
Dr. Perryman describes the various factors driving up oil and natural gas production in the state of Texas.
Dr. Perryman explains Biden's strategy for meeting gasoline demand.
Dr. Perryman breaks down a recent study regading energy forecasts and how this will affect the industry in Texas.
Dr. Perryman describes the structure of natural gas purchase and usage in the state and how it could be adjusted to help prevent future outages.