PRZOOM - /newswire/ -
Glasgow, KY, United States, 2009/01/06 - The producers of The Economic Report are pleased to announce that Jacobs Energy will be featured in an upcoming segment on topics, trends and issues related to “Energy Solutions for the 21st Century – Creating an Energy Independent America”.
The producers of The Economic Report are pleased to announce that Jacobs Energy will be featured in an upcoming segment on topics, trends and issues related to “Energy Solutions for the 21st Century – Creating an Energy Independent America” as part of the show’s Fueling the Future series.
The world's insatiable thirst for oil is intensifying as industrialization increases and countries and economies grow. The International Energy Agency (IEA) reports that world demand for oil is expected to increase by 55% between 2007 and 2030. As foreign economies are demanding a bigger share of the world's energy output, it's becoming increasingly important for the U.S. to invest in domestic production.
As a top 100 company to act as a consultant to the Government Accounting Office (GAO) and the Department of Energy (DOE) and to provide valuable insight to the effectiveness of oil and gas research and development programs, Jacobs Energy is a technology driven oil and gas producer operating in the Appalachian Basin. The Company plays an instrumental role in reducing our Nation's dependence on foreign oil and natural gas, and uses shale gas as a development tool to provide a low risk approach to exploring for larger potential in additional zones.
"Appalachian Shale Gas is the most productive and predictable shale plays in the United States, thanks to the implementation of modern technology," says Jeremy Jacobs, CEO of Jacobs Energy. "The application of technology and completion techniques allows us to fracture the shale to make production consistent and economical from what conventionally was a low yielding zone if untreated."
According to reputable sources, including the United States Geological Survey, the Appalachian Shale will produce for 30-100 years nearly 100% of the time when stimulated using innovative fracture techniques.
"It is now believed by many experts that unconventional reserves, such as shale gas, will be America's key to becoming a more energy independent nation," says Jacobs. "Natural gas represents the cleanest form of conventional energy our country has."
The five-minute segment will address the need for America's energy independence and will feature the solutions by Jacobs Energy. Interviews will include Mr. Jacobs, as well as other company representatives.
About Jacobs Energy
Jacobs Energy (jacobsenergy.com) is a fully integrated company in the Appalachian Basin. They are involved in the production of domestic crude oil and clean natural gas, as well as the development or improvement of energy related technologies and alternative energy sources.
About The Economic Report
The Economic Report (theeconomicreport.com) airs during the day on a variety of well-known news networks throughout the country, such as CNN, CNN Headline News, Discovery, and MSNBC. In a multi-dimensional format, Mr. Gumbel begins by introducing each new story and each show’s theme, providing a sense of consistency throughout the segments. The stories educate viewers and provide new information that will impact their lives. With fresh content interlaced throughout each series, the show broadens perspectives, erases boundaries and opens up new avenues for progress and ideas for the audience. Viewers will gain insight on opportunities for their families, businesses, lifestyles, and financial futures. In this way, The Economic Report can be a powerful engine of change.