Nevada Issues

Energy From Oil and Gas is Essential To Nevada

Nevada had the fastest-growing population of any state from 2000 – 2010[1], yet it has no significant fossil fuel reserves and produces only small amounts of crude oil. The state has only one small crude oil refinery, so it is almost entirely dependent on imports from outside its borders. WSPA’s member companies are vital to keeping Nevada’s citizens and businesses supplied with the energy they need to fuel their homes, businesses and recreation, and keep the state moving.

The transportation sector accounts for more than 80 percent of petroleum products used in Nevada, and much of that is refined and imported from outside the state, notably from California and Utah. The industrial sector uses nearly all the petroleum not used for transportation.

In addition, Nevada produces only a limited amount of natural gas, relying on supplies delivered via interstate pipelines from neighboring states.

Nevada may not be home to a high level of oil and gas production, but there’s still a significant demand for a reliable, affordable supply of the fuels fundamentally important to the lives of everyday Nevadans.

Workers still need to get to their jobs, kids need to get to school, patients need to get to their doctors’ offices, and emergency service providers must be able to quickly respond to medical and safety situations.

The men and women of Nevada’s petroleum industry are committed to dependably meeting that demand.

How does a well stimulation ban impact me?

Despite the fact that well stimulation – a crude oil production technology that has been used safely in neighboring state of California for decades – is essential to keeping Nevadans supplied with the energy they need, there have been attempts to outlaw the practice. A bill to ban well stimulation in Nevada was rejected by the state legislature in June, 2017, not only because of its negative impact on energy supplies but on the related loss of tax revenues that support schools, public safety and various other state services. The decision reflected the recognition that while alternative energy sources are being developed, access to oil and natural gas resources is vital not only for the present but to reliably and affordably help to meet the energy needs of future generations.

[1] US Energy Information Administration, December 2016

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