As the U.S. becomes more energy secure, Mississippi is looking to benefit with its greater-than-average percentage of manufacturing jobs and natural gas infrastructure. As we shared at the 2013 Governor’s ...
Mississippi Energy Institute President Patrick Sullivan was featured in a WLBT report concerning yesterday’s Symposium on Enhanced Oil Recovery. Sullivan commented that EOR has been a multi-billion dollar business in Mississippi just in the last ten years while also employing hundreds of Mississippians with economic reach beyond in the thousands. See the full report in [...]
Mississippi has multiple opportunities for energy-based economic development in the near-, mid- and long-term time horizons. A near-term opportunity is the shale oil and gas energy exploration going on in southwest Mississippi, which you can read about at the Clarion Ledger.
Via Energy Information Agency Low U.S. natural gas prices have helped increase domestic plastic production after a decline from the 2008 recession. Because many U.S. plastic manufacturers use natural gas as their primary fuel source and natural gas-sourced liquids as a feedstock, continued low prices for those resources could boost raw plastic exports, given higher [...]
The state last year saw 14 percent growth in export-related jobs, and goods are currently shipped to 201 countries, according to the Mississippi Development Authority. Energy-related exports top the list. Read more at the Clarion Ledger. Top 2013 exports by dollar value: 1. Petroleum, coal products: $4.2 billion 2. Chemicals: $1.6 billion 3. Transportation equipment: [...]
Jackson’s WLBT interviewed MEI President Patrick Sullivan in regards to SB 2568, a bill that would enable public use of intrastate pipelines with royalties compensation determined by the Public Service Commission. Original legislation in 1984 laid the current legal framework which allows open access to the pipelines but does not require them to be common carriers. [...]
Via Consumer Energy Alliance In some more good news for energy consumers, AAA is predicting drivers will pay less for gas prices in 2014 compared to the year before. AAA predicts a 5 cent drop in the average price of a gallon of gasoline this year due to increased domestic oil production, increased refining capacity, [...]
What better way to start the new year than to resolve to conserve energy and save on electricity bills. The U.S. Energy Department has put together a series of energy saving tips so you can improve your energy usage in 2014. 1. Install and set a programmable thermostat. You could save an estimated 10 percent [...]