The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

pipelines  infrastructure  consumers  economic-growth  jobs 

Mark Green

Mark Green
Posted August 15, 2017

We’ve posted quite a bit recently about the need for streamlining the federal permitting process for energy infrastructure (see here and here).  An API study earlier this year estimated investments in needed natural gas and oil infrastructure could total more than a trillion dollars and potentially generate more than 1 million jobs through 2035. That’s a lot of economic potential linked to infrastructure – and in that context, President Trump’s new executive order modernizing and bringing greater accountability to the federal permitting process certainly is welcome. It coincides with release of a new study, for North America’s Building Trades Unions (NABTU), detailing the jobs and economic impacts of energy infrastructure construction.

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pennsylvania  pa-severance-tax  natural-gas  economic-impacts  jobs  consumers 

Mark Green

Mark Green
Posted August 9, 2017

Total up industry’s economic contributions to Pennsylvania – helping to support its schools, first-responders, local infrastructure and jobs, lots of them – and it’s a pretty fair amount. But not fair enough for some. Last month a narrow majority in Pennsylvania’s state Senate voted for a $600 million tax increase that would hit natural gas producers and natural gas and electric users while also hiking taxes on communications services – all of which could significantly impact Pennsylvania consumers.

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renewable-fuel-standard  consumers  ethanol  blend-wall  e1534  e8534 

Mark Green

Mark Green
Posted August 1, 2017

With EPA receiving public input this week on its proposed ethanol-use volumes for 2018, it’s important to see that America’s energy renaissance in natural gas and oil production is the biggest reason for the progress the U.S. has made toward those RFS objectives. 

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natural-gas  pennsylvania-severance-tax  economic-growth  consumers  jobs  marcellus-shale-region 

Mark Green

Mark Green
Posted July 28, 2017

The latest severance tax proposal in Pennsylvania, targeting natural gas production as well as consumer items and services, is a story of lawmakers risking harm to ongoing energy activity and economic growth – already providing significant benefits to people all across the commonwealth – instead of working to expand opportunity through pro-growth policies. Unfortunately, the tale being written by the state Senate could be about less natural gas production (and potentially less revenue to the commonwealth), less economic growth and fewer benefits to Pennsylvanians.

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consumers  gasoline-prices  oil-production  crude-oil-prices 

Mark Green

Mark Green
Posted July 26, 2017

Nationally, the average price of a gallon of gasoline the third week of July was $2.392 – about 42 percent lower than the national average price at the same time in 2008, according to the U.S. Energy Information Administration. Retail gasoline prices haven’t been “sticky,” as Sen. Charles Schumer said on ABC’s “This Week,” suggesting that some sort of anti-Adam Smith force has kept them from decreasing. Yet, as we can see, they have decreased significantly over a time period that coincides with accelerated U.S. crude oil production (thanks, fracking).

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refineries  refinery-capacity  consumers  petroleum-products  power-past-impossible 

Mark Green

Mark Green
Posted July 24, 2017

Over the past 40 years, U.S. capacity has increased more than 1,000 percent.  Such a remarkable increase is a tribute to industry’s commitment to supply consumer needs. … Add it all up, and these numbers are very important to American consumers. Refineries not only produce the fuels that keep our vehicles running – transportation fuels account for about 85 percent of products leaving the refinery – they also turn out the petrochemical feedstocks used in countless ways in our modern lives …

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natural-gas  consumers  jobs  economic-growth 

Mark Green

Mark Green
Posted June 28, 2017

Natural gas, with a lengthy value chain that reaches all 50 states, today is benefiting American consumers, supporting millions of jobs and supplying billions to the national economy – and will continue doing so well into the future, a new ICF report finds. 

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renewable-fuel-standard  rfs34  consumers  ethanol  e1534 

Sabrina Fang

Sabrina Fang
Posted June 13, 2017

This week members of the U.S. Senate will consider legislation that would serve to expand the presence of E15 fuel in the marketplace. Unfortunately, the bill is a distraction from fundamental problems with the Renewable Fuel Standard (RFS), which is forcing more and more ethanol into the nation’s fuel supply. Research has shown higher ethanol blends, such as E15, could damage vehicle engines and fuel pump systems, socking consumers with the repair bills. The RFS needs to be repealed or significantly reformed, to protect U.S. consumers. As EPA prepares to announce ethanol mandates for 2018 under the RFS, API Downstream Group Director Frank Macchiarola briefed reporters on the flawed program.

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consumers  ohio  natural-gas  electricity  nuclear 

Mark Green

Mark Green
Posted May 10, 2017

Ohio lawmakers are discussing a proposal to establish zero-emission credits for nuclear plants, giving them an advantage against other energy sources. Instead of government picking winners and losers, the marketplace should determine an energy source’s viability – based on affordability, efficiency and other factors – letting the market work for consumers.

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consumers  natural-gas-access  pipelines  infrastructure 

Mark Green

Mark Green
Posted May 9, 2017

Access and infrastructure expansion – both key to extending the benefits of America’s energy renaissance to more Americans – are getting helpful attention from state utilities regulators. The National Association of Regulatory Utility Commissioners (NARUC) last month set up a task force to develop best practices and recommendations on natural gas service for underserved and unserved parts of the country – which includes the need for pipelines and other supporting infrastructure. 

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