Posted December 11, 2017
Later this week the Interior Department is expected to release its draft offshore leasing program that will shape natural gas and oil development on the federal outer continental shelf (OCS) for the next five years, 2019-2024. Recognizing that the leasing program only outlines where lease auctions could conducted, let’s take a look at some offshore basics to provide full context to a process that’s critically important to our country’s future energy security.
Posted November 29, 2017
Posted November 20, 2017
Posted November 16, 2017
The health of African American communities is a genuine cause for concern in our country. But attacking our industry is the wrong approach and detracts from the real work that should be done to reduce disparately high rates of disease among African Americans. Industry is committed to the health and safety of the communities where it operates and to its workers, leading the way on reducing U.S. greenhouse gas and other air emissions and supporting millions of well-paying jobs – one of the most important factors in Americans’ well-being.I’ve read an NAACP paper released this week that accuses the natural gas and oil industry of emissions that disproportionately burden African American communities. As a scientist, my overall observation is that the paper fails to demonstrate a causal relationship between natural gas activity and the health disparities, reported or predicted, within the African American community. Rather, scholarly research attributes those health disparities to other factors that have nothing to do with natural gas and oil operations – such as genetics, indoor allergens and unequal access to preventative care.
Posted November 7, 2017
Posted October 11, 2017
Posted October 10, 2017
With talks between the U.S., Canada and Mexico on modernizing NAFTA heading for a fourth round this week, our negotiators can help ensure the global competitiveness of U.S. energy companies by working to retain strong protections for U.S. investments abroad through the agreement’s investment protections and investor-state dispute settlement (ISDS) provision.ISDS sounds a little wonky, but its basic mission is pretty straightforward: It helps protect U.S. investors from being treated unfairly by host nation governments. Conversely, there’s potential jeopardy if the U.S. allows ISDS to be weakened or removed in the current talks. It could undermine ISDS provisions globally in other treaties and agreements.
Posted October 3, 2017
Posted August 31, 2017
President Trump’s call for tax reform this week, kicking off the administration’s push for pro-growth measures to spur investment, create jobs and raise earnings is one we can certainly understand. The president said:
“We need a competitive tax code that creates more jobs and higher wages for Americans. It’s time to give American workers the pay raise that they've been looking for, for many, many years. … If we do this, if we unite in the name of common sense and the name of common good, then we will add millions and millions of new jobs, bring back trillions of dollars, and we will give America the competitive advantage that it so desperately needs and has been looking for for so long. It’s time.”
No argument here. The natural gas and oil industry is about economic growth: investing, creating jobs and boosting worker pay for years – on the way to supporting 10.3 million jobs while adding $1.3 trillion to the national economy and aiding growth across all 50 states.
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.