The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

gasoline-prices  taxes  regulation  consumers 

Dean Foreman

Dean Foreman
Posted July 6, 2018

Earlier this week we looked at the summer variation in gasoline prices, due mainly to increased driving as well as fuel specifications that have added to the cost of gasoline. As the 2018 summer driving season approaches its midpoint, let’s check the data on gasoline prices and, separately, take a deeper look at why prices in any one state have tended to be higher (or lower) than the national average.

According to the American Automobile Association, the nationwide average price for regular gasoline was $2.85 per gallon on June 28, a decrease of 12 cents per gallon since May 28. 

Remember, gasoline and diesel fuel prices tend to track the price of crude oil, because crude oil currently makes up more than half of the cost to make the fuels. The U.S. Energy Information Administration (EIA) reported that crude oil made up 56 percent of the price of gasoline in May, the agency’s most recent analysis.


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gasoline-prices  regulation  taxes  refineries 

Mark Green

Mark Green
Posted July 2, 2018

In previous posts (see here and here), we’ve discussed factors that have affected gasoline prices in the past. The cost of crude oil is chief among them, accounting for more than 50 percent of the fuel price. Some other factors are seasonal, and taxes imposed on each gallon of gasoline vary from state to state.  


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trade  regulation  pipeline-construction  oil-and-natural-gas 

Jessica  Lutz

Jessica Lutz
Posted June 6, 2018

For months, ISO New England CEO Gordon van Welie has had a consistent message: insufficient natural gas infrastructure continues to put the region’s customers at risk of service interruptions during periods of peak demand that often coincide with extreme weather conditions.

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trade  regulation  pipeline-construction  oil-and-natural-gas 

Mark Green

Mark Green
Posted June 1, 2018

The decision by the Trump administration to impose tariffs on imported steel, including key allies Canada, Mexico and the European Union, is the wrong direction for U.S. energy policy. While the full effect of these tariffs on steel-intensive business—and the U.S. economy—remains to be seen, the impacts will ripple through the natural gas and oil industry, compromising energy production and posing a threat to America’s national security.

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colorado  oil-and-natural-gas  regulation  safe-operations 

Tracee Bentley

Tracee Bentley
Posted May 11, 2018

Working together works. Colorado’s just-completed legislative session proved that the natural gas and oil industry, state regulators and other stakeholders could collaborate on effective energy regulation that strengthens safe and responsible natural gas and oil production – benefiting the state economy and individual Coloradoans.

This session we saw legislation passed to bolster protections for mineral and royalty owners, increase fees for stationary sources of air pollution, enforce the state’s call-before-you-dig program and ensure safe and orderly processing of certain kinds of naturally occurring radioactive waste – all supported by our industry.


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trade  regulation  pipeline-construction  oil-and-natural-gas 

Mark Green

Mark Green
Posted May 1, 2018

While the Trump administration continues to sort out who will or won’t be subject to steel and aluminum tariffs, the under-reported aspect of the larger tariff-trade story is the potential impact of the tariff exemption process on U.S. industries that use lots of steel – including ours.

The reality is that businesses and industries that rely on imported steel to complete important projects efficiently and economically are in the middle of a nightmarish, bureaucratic mishmash only Washington could foist on private enterprise. That is, the laborious application for an exemption from the steel tariff – an import duty that could end up impacting consumers and our nation’s energy security.

To understand what’s going on, start by imagining the world’s largest snarl of red tape. It might look something like the world’s largest ball of twine, only red.


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regulation  offshore-safety  industry-standards 

Mark Green

Mark Green
Posted March 26, 2018

Let’s correct a false narrative out there, that the Trump Administration is rolling back natural gas and oil regulation to benefit industry. A different view is that federal officials are deploying smarter, more efficient, more effective regulation of industry operations, onshore and offshore – which will work best to ensure the safe and well-managed energy development America needs for economic growth and national security, today and well into the future.

By smart, efficient and effective regulation we mean clear, commonsense rules that take into account industry’s innovation, advanced technologies and experience, as well as its long, demonstrated commitment to establishing useful standards for operations, equipment and personnel. All of these have strengthened the culture of safety in our industry – particularly in its offshore activities.

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state-of-the-union  oil-and-natural-gas  us-energy-security  economic-growth  regulation  trade  access 

Mark Green

Mark Green
Posted January 29, 2018

Looking ahead to Tuesday night’s State of the Union Address, let’s hope the speech helps Washington focus on accelerating gains made by U.S. energy over the past several months. America’s natural gas and oil renaissance has boosted the economy and Americans’ individual prosperity while strengthening our country’s security and making significant environmental strides. Time to double down on that progress.

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industry-standards  regulation  blm34  hydraulic-fracturing  offshore-energy  the-environmental-partnership 

Mark Green

Mark Green
Posted January 4, 2018

Let’s push back a bit on an emerging narrative that suggests the Trump administration’s recent actions to revoke or revise federal rules on natural gas and oil development are part of an anti-regulation movement prompted by our industry that weakens safety and environmental protections.

It’s a false narrative. Industry supports effective regulation that fosters safety and protects the air, land and water – rules that are clear, with tangible benefits that warrant costs and that work in concert with safe and responsible energy development. This goal of effective regulation is advanced by eliminating duplicative and potentially counterproductive rules.

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100-days  oil-and-natural-gas  consumers  access  regulation  energy-investments 

Mark Green

Mark Green
Posted April 18, 2017

Recent developments represent a significant shift of Washington’s approach to the new reality brought by America’s energy renaissance. All signal a new embrace of safe and responsible domestic oil and natural gas development. All inherently acknowledge that growing U.S. oil and gas production can continue benefiting American consumers, businesses and manufacturers with affordable, reliable energy that supports economic growth and strengthens U.S. security – while playing the major role in U.S. carbon dioxide emissions from electricity generation fall to their lowest levels in nearly 30 years.

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