News | Energy and the Economy

Did You Know?

The average oil price in 2016 was $44/barrel, the lowest annual average since 2004. The reason: the world oil market is oversupplied, due  largely to the increase in U.S. oil production from shale beginning about 10 years ago. Also, more U.S. oil production puts a...

Energy Drives Birthplace of America’s Music

Gibson Guitar Corporation released the graphic below showing how energy is used to make their iconic instruments. Notable Mississippi musicians known for playing Gibson guitars include Muddy Waters, Robert Johnson, Elvis Presley and the recently departed B.B. King,...

Entergy Approved for Advanced Meters

The Mississippi PSC is allowing Entergy-Mississippi to install new technology meters beginning in 2019. The automated meters are expected to benefit customers by providing more data on electricity usage while decreasing costs by cutting down on the need for meter...

April 2017 Energy Snapshot

Because the U.S. has long benefited from a robust, accessible energy delivery system for electricity, transportation fuels and heating sources, we often take for granted the luxuries made possible by abundant energy. Below are a few stats on the energy nexus with...

Did You Know?

The four highest U.S. unemployment rate spikes from 1950-2010 were immediately preceded by the four highest spikes in oil prices? The graph below suggests that long-term energy policy should be supply focused. More steady supply from the U.S. means lower prices and...

Mississippi Energy Policy Spurs Investment

Published in the Clarion Ledger on March 20, 2015 Mississippi’s CO2-based enhanced oil recovery policy is the envy of the energy nation. Energy policy and business professionals from all over the world have traveled to Mississippi to see a remarkable transformation....

Meet Our Leadership

A Message from MEI President Patrick Sullivan Energy is the lifeblood of our economy. Every part of our economy relies on energy in some way. In a fast-changing world, the ability to expand Mississippi's economy and improve quality of life is heavily dependent on the...

The Latest on America’s Energy Policy

EPA Announces New Rules to Cut Methane Emissions At a remarkable pace, EPA is issuing costly new rules adding more uncertainty and limiting U.S. industrial growth. Just this week, EPA has now proposed rules targeting methane emissions in the oil and gas industry. To...

Mississippi: An Energy Reliable State

The Mississippi Development Authority recently featured Mississippi Energy Institute President Patrick Sullivan as a guest blogger in their Mississippi Stories series. See what Patrick has to say about Mississippi's energy and natural resources...

November News

The Mississippi Energy Institute continues to highlight the critical need to promote workforce awareness for energy and advanced manufacturing careers in our latest newsletter. Read what is going nationally with workforce awareness and what we're doing in Mississippi...

How the State Fuels Up

Energy, mostly in liquid fuel forms, propels the transportation economy. As with electric power, every family and business depends on transportation fuels daily. Today, more than 5 billion gallons of fuel are used each year in the Mississippi economy. Gasoline  makes...

Mississippi’s Power Generation

Mississippi already enjoys significant economic activity rooted in the energy sector and has the assets and resources to realize further economic growth from energy and energy-related technologies. Today, nearly all of the electric power generated in Mississippi is...

MS Energy Institute July Newsletter

Our July newsletter contains valuable reading on the state's workforce development status and also announces our plans for the 2014 Governor's Energy Summit! Access the newsletter by clicking below and then be sure to sign up for this year's can't miss energy event on...

Mississippi’s Water Advantage

When looking towards Mississippi’s economic future, water supply should be considered a development tool. The life-sustaining resource is vital in energy production, manufacturing, and agriculture, and will always be a precious commodity. Moreover, with sound...

Mississippi’s Water Advantage

When looking towards Mississippi’s economic future, water supply should be considered a development tool. The life-sustaining resource is vital in energy production, manufacturing, and agriculture, and will always be a precious commodity. Moreover, with sound...

MEI June Newsletter

Our June newsletter catches you up on all the latest energy news. We fill you in on what the Obama Administration's proposed CO2 emissions regulations mean for Mississippi and what major announcements were made by Nissan, Entergy, and TVA this month. Read it...

Strategy Crucial to the Future of Energy

Anyone who hasn’t been living in cave in the last two months knows of the civil and political unrest in Ukraine.  Russia has recently upped the ante by manipulating Ukraine’s weak economy and dependency on natural gas.  In Brazil, over reliance on hydroelectric power...

MS Energy Institute March Newsletter

This month's newsletter covers a variety of energy headlines including: the opportunities of enhanced oil recovery in Mississippi, the announcement of biomass production plans in Quitman County, and how the Ukraine crisis will affect the U.S. energy sector. Catch up...

MS Energy Institute February Newsletter

In this month's edition we touch on a variety of topics ranging from state energy legislation, regional news regarding energy efficiency, national news of nuclear fusion power, and global news concerning Germany's energy woes and how they're a lesson to the rest of...

MS Energy Institute November Newsletter

In this month's edition, we announce details concerning our 2013 Governor's Energy Summit, a must-attend event for all economic developers and industry leaders in the state and provide information on U.S. Energy Secretary Moniz's visit to the state. Read those stories...

Electric Power Fuel Cost Comparison

Over the past twenty years, natural gas power generation has gained a large share of power generation capacity in the U.S. Even before abundant new supply coming from the shale revolution of the past several years, ease of permitting and the low plant construction...

Check out our October Newsletter

This month's newsletter wraps up what happened at this year's Southern States Energy Board meeting, gives an update on the thriving Tuscaloosa Marine Shale, and provides information on our Governor's Energy Summit in December. Click here to check it out...

Check out our September Newsletter!

Want to know how the Tuscaloosa Marine Shale is progressing in SW Mississippi? Or what steps we're taking to capitalize on the nation's manufacturing renaissance? Read our September newsletter today to get up to date on all things energy in the state, nation, and...

Leveraging MS Energy Assets for Manufacturing

Expert economists at top tier energy consulting firms, Boston Consulting Group and IHS, recently released reports predicting significant growth in U.S. manufacturing. One of the main reasons for this is the U.S. energy supply advantage. For Mississippi, home to an...

Check Out Our July Newsletter!

This month's newsletter includes BP's fight with fraudulous oil spill claims, MEI President Patrick Sullivan's media appearances and our take on why the War on Carbon is not good policy. Read our July newsletter today to get up to date on all things energy in the...

Energy Sector Could Enhance Miss. Job Growth

The Clarion Ledger ran an article today detailing the pace of job growth in the state- we're the tortoise as compared to the hare. Employment is slow and steady, but our own Patrick Sullivan believes the energy sector could significantly impact circumstances. Read...

U.S. Too Slow on Large Infrastructure Projects

The Keystone XL Pipeline project unfortunately remains a symbol of the difficulty of building large infrastructure projects in America today (http://tinyurl.com/abbpzco). This is not specific to energy projects, but rational, growth-minded thinking suggests projects...

Happy Earth Day!

In a day dedicated to acknowledging and admiring the Earth, the Mississippi Energy Institute would like to address the state's recent adoption of HB 1281, which updates energy building codes for commercial buildings bringing them to the ASHRAE 90.1-2010 standard....

Did You Know?

China consumes nearly as much coal as the rest of the world combined. Coal consumption in China grew more than 9% in 2011, continuing its upward trend for the 12th consecutive year, according to newly released international data. China's coal use grew by 325 million...

How Energy Makes Business Boom

Most of the American public probably hasn't grasped the significance of unconventional oil and natural gas development. While remaining cautious about the potential volatility of commodity markets is wise, many see new energy development opportunities having a...

Europe Experiencing Energy Woes

Energy policy in Europe has resulted in high energy costs and unreliable delivery of electric power. As Mississippi seeks economic development opportunities, targets should include manufacturers in Europe and other places around the globe with high energy costs and...

Fuel diversity is the key

The New York Times recently published an article about New England’s over-reliance on natural gas for electric power generation and, consequently, the precipitous price spike after a surge in demand. What does this event in New England teach us? It teaches us...

Hot Topics at the Institute

Energy Intensive Manufacturing: The shale revolution has made America the most energy rich country in the world, when counting all domestic energy sources. Because of this advantage, energy intensive manufacturers worldwide looking to expand are looking in the U.S....

Nucor Expanding in Louisiana

In 2004, steelmaker Nucor Corp. bought a plant next to alligator-infested Louisiana wetlands, took it apart and shipped it to Trinidad on ocean barges. This summer, after almost two years of construction, it will open the same type of plant at the same site at a cost...

Did You Know?

Manufacturing packs an outsize punch in the economy, so much so, that only though it only accounts for 12% of total GDP, it still contributed half of all GDP growth earlier this year. (SOURCE: Kiplinger Letter) In the last two years, the EPA has passed four new rules...

Did You Know?

Mississippi has more than 10,000 miles of natural gas, petroleum, and CO2 pipelines. Energy related jobs pay nearly twice the overall average private sector job wage according the Bureau of Labor Statistics. In 2011, the average retail cost for gasoline was $3.52 per...

Did You Know?

There are 141 petroleum products refineries in the U.S. with a total capacity of 17.7 million barrels per day. Chevron's Pascagoula refinery, with a capacity of 330,000 barrels per day, is the 10th largest refinery in the U.S. Currently, the US consumes around 19.2...