March 2014

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HP Viewpoint: Sound energy policy needed to support 21st century economy

The shale energy revolution has overturned every assumption we once held about the US long-term energy outlook. Thanks to technological advances in hydraulic fracturing and horizontal drilling, we hav..

The shale energy revolution has overturned every assumption we once held about the US long-term energy outlook. Thanks to technological advances in hydraulic fracturing and horizontal drilling, we have transitioned from energy scarcity to abundance. Yet, our energy transportation infrastructure system was designed for another era, and it has not kept pace with surging new production. Updating midstream and downstream infrastructure—pipelines, storage, processing, rail and marine components—is essential for ensuring the efficient movement of oil and natural gas to refineries and then onto consumers and businesses. Investment is ongoing The process is already underway, but more pro

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