• Energy Infrastructure
      energy-fracking-calloutEnergy 101-Fracking
      Fracking makes it possible to produce oil and natural gas in places where conventional technologies are ineffective. Access to new wells encourages economic growth and provides energy for all Americans. Informed dialogue is critical since studies estimate that up to 80 percent of natural gas wells drilled in the next decade will require hydraulic  fracturing technology.
      PipelineEnergy 101-Keystone XL

      Canadian oil sands currently account for more than 1 million barrels/day of U.S. oil imports. The U.S. is stalling refinery and pipeline projects needed to further develop these reserves--the Keystone XL pipeline is one example. The 1,661-mile Keystone XL pipeline would deliver Canadian crude oil to Gulf of Mexico refineries, supporting jobs across America and generating $775 billion in GDP for America.

      Did You Know?
      The oil and natural gas industry supports nearly 9.2 million jobs nationwide in the United States.

      The industry contributed $476 billion in direct support to the economy in 2010.

      Increased access to our vast domestic oil and natural gas could generate more government revenue, create new jobs and significantly contribute to U.S. energy security.
      Find Out More
  • Energy 101
      energy-fracking-calloutEnergy 101-Fracking
      Fracking makes it possible to produce oil and natural gas in places where conventional technologies are ineffective. Access to new wells encourages economic growth and provides energy for all Americans. Informed dialogue is critical since studies estimate that up to 80 percent of natural gas wells drilled in the next decade will require hydraulic  fracturing technology.
      PipelineEnergy 101-Keystone XL

      Canadian oil sands currently account for more than 1 million barrels/day of U.S. oil imports. The U.S. is stalling refinery and pipeline projects needed to further develop these reserves--the Keystone XL pipeline is one example. The 1,661-mile Keystone XL pipeline would deliver Canadian crude oil to Gulf of Mexico refineries, supporting jobs across America and generating $775 billion in GDP for America.

      Did You Know?
      Global demand for energy is rising.

      Oil and natural gas currently supply 60% of America's energy needs.

      Smart policies that encourage domestic energy production will greatly benefit our nation's economy and energy security.
      Find Out More
  • Jobs
      Job_ScientistEnergy Jobs
    • Development of the Marcellus Shale alone could create 160,000 jobs in Pennsylvania, 20,000 jobs in New York and 30,000 jobs in West Virginia by 2015.
    • The opening of Florida to exploration and development could result in up to 100,000 new Florida jobs by 2016--just with increased access to federal areas within the Gulf of Mexico.
    • U.S. State Department approval of the Keystone XL pipeline could generate nearly 85,000 jobs by 2020
    • - See more at: http://energytomorrow.api.tst/jobs/job-creation#sthash.F6BZxdmO.dpuf
    • Development of the Marcellus Shale alone could create 160,000 jobs in Pennsylvania, 20,000 jobs in New York and 30,000 jobs in West Virginia by 2015.
    • The opening of Florida to exploration and development could result in up to 100,000 new Florida jobs by 2016--just with increased access to federal areas within the Gulf of Mexico.
    • U.S. State Department approval of the Keystone XL pipeline could generate nearly 85,000 jobs by 2020
    • - See more at: http://energytomorrow.api.tst/jobs/job-creation#sthash.F6BZxdmO.dpuf
    • Development of the Marcellus Shale alone could create 160,000 jobs in Pennsylvania, 20,000 jobs in New York and 30,000 jobs in West Virginia by 2015.
    • The opening of Florida to exploration and development could result in up to 100,000 new Florida jobs by 2016--just with increased access to federal areas within the Gulf of Mexico.
    • U.S. State Department approval of the Keystone XL pipeline could generate nearly 85,000 jobs by 2020
    • - See more at: http://energytomorrow.api.tst/jobs/job-creation#sthash.F6BZxdmO.dpuf
    • Development of the Marcellus Shale alone could create 160,000 jobs in Pennsylvania, 20,000 jobs in New York and 30,000 jobs in West Virginia by 2015.
    • The opening of Florida to exploration and development could result in up to 100,000 new Florida jobs by 2016--just with increased access to federal areas within the Gulf of Mexico.
    • U.S. State Department approval of the Keystone XL pipeline could generate nearly 85,000 jobs by 2020
    • - See more at: http://energytomorrow.api.tst/jobs/job-creation#sthash.F6BZxdmO.dpuf
    • Development of the Marcellus Shale alone could create 160,000 jobs in Pennsylvania, 20,000 jobs in New York and 30,000 jobs in West Virginia by 2015.
    • The opening of Florida to exploration and development could result in up to 100,000 new Florida jobs by 2016--just with increased access to federal areas within the Gulf of Mexico.
    • U.S. State Department approval of the Keystone XL pipeline could generate nearly 85,000 jobs by 2020
    • - See more at: http://energytomorrow.api.tst/jobs/job-creation#sthash.F6BZxdmO.dpuf
      America's oil and natural gas industry supports 9.2 million men and women across the United States in a wide range of highly skilled, well-paying professions. - See more at: http://energytomorrow.api.tst/jobs/job-creation#sthash.F6BZxdmO.dpuf
      America's oil and natural gas industry supports 9.2 million men and women across the United States in a wide range of highly skilled, well-paying professions.
      Oil and natural gas companies invest in cutting-edge technology and offer fulfilling careers to the next generation of American engineers, geophysicists, chemists, earth scientists, geologists, climate experts and explorers. These individuals, working with the best technologies, will help find and recover oil and natural gas here and abroad and help secure America's energy future. In addition, the industry employs professionals that most people don't normally associate with our industry, such as botanists and marine biologists, even zoologists and veterinarians. - See more at: http://energytomorrow.api.tst/jobs/job-creation#sthash.F6BZxdmO.dpuf
      Oil and natural gas companies invest in cutting-edge technology and offer fulfilling careers to the next generation of American engineers, geophysicists, chemists, earth scientists, geologists, climate experts and explorers. These individuals, working with the best technologies, will help find and recover oil and natural gas here and abroad and help secure America's energy future. In addition, the industry employs professionals that most people don't normally associate with our industry, such as botanists and marine biologists, even zoologists and veterinarians. - See more at: http://energytomorrow.api.tst/jobs/job-creation#sthash.F6BZxdmO.dpuf
      Oil and natural gas companies invest in cutting-edge technology and offer fulfilling careers to the next generation of American engineers, geophysicists, chemists, earth scientists, geologists, climate experts and explorers.
      Energy JobsThe Future of Energy Jobs
      With the right government policies in place, the oil and natural gas industry can create more American jobs that can help grow the U.S. economy, generate substantial new revenues for government and provide greater energy security for our nation. - See more at: http://energytomorrow.api.tst/jobs#sthash.osXzBdtU.dpuf
      With the right government policies in place, the oil and natural gas industry can create more American jobs that can help grow the U.S. economy, generate substantial new revenues for government and provide greater energy security for our nation.  These individuals will help find and recover oil and natural gas here and abroad and help secure America's energy future.
      Did You Know?
      America's oil and natural gas industry currently supports nearly 9.2 million jobs.

      Expanding access to America's oil and natural gas resources can create 1.4 million jobs by 2030.

      Industry workers are not only engineers and geologists, but also botanists, zoologists and even veterinarians.
      Find Out More
  • Economy
      Gasoline PricesEconomy - Gas Prices
      "What’s up with gas prices?” is a question we get asked a lot.  Because crude oil is the primary component in gasoline production, the price rises and falls with the cost of crude—which is set by supply and demand on the global commodities market. 
      Refining the crude oil, storage, delivery and retailing further add to the cost of producing gasoline. To learn more about the factors affect gas prices, read our gas prices primer. - See more at: http://energytomorrow.api.tst/economy/gas-prices#sthash.rnP14MSG.dpuf
      Refining the crude oil, storage, delivery and retailing further add to the cost of producing gasoline. To learn more about the factors affect gas prices, read our gas prices primer. - See more at: http://energytomorrow.api.tst/economy/gas-prices#sthash.rnP14MSG.dpuf
      Refining the crude oil, storage, delivery and retailing further add to the cost of producing gasoline. To learn more about the factors affect gas prices, read our gas prices primer.
      Nest EggEconomy - Retirement Money
      The U.S. oil and natural gas industry supports the retirements of tens of millions of Americans who have invested in industry stock. In fact, if you have a mutual fund or IRA retirement account—and 95 million U.S. households do—there’s a good chance it invests in oil and natural gas.  Only 2.8 percent of industry shares are owned by corporate management. The rest is owned by regular Americans, many of them middle class, such as teachers, police officers and firefighters.
      Did You Know?
      The oil and natural gas industry supports nearly 9.2 million jobs nationwide in the United States.

      The industry contributed $476 billion in direct support to the economy in 2010.

      Increased access to our vast domestic oil and natural gas could generate more government revenue, create new jobs and significantly contribute to U.S. energy security.
      Find Out More
  • Energy Security
      energy securityEnergy Security - Oil and Gas
      a thriving domestic oil and gas industry is vital to America’s energy and economic security. - See more at: http://energytomorrow.api.tst/energy-security#sthash.FZaAL1ou.dpuf
      a thriving domestic oil and gas industry is vital to America’s energy and economic security. - See more at: http://energytomorrow.api.tst/energy-security#sthash.FZaAL1ou.dpuf
      A thriving domestic oil and gas industry is vital to America’s energy and economic security. U.S. and Canadian supplies can provide 100 percent of our liquid fuel needs by 2030 with the implementation of two straightforward policies—(1) accessing U.S. oil and natural gas reserves that are currently off-limits; and (2) partnering with our friendly neighbor to the north, Canada, in the development of the Keystone XL pipeline
      Energy In Our HandsEnergy Security - Reserves
      America holds 2 percent of the word's "proven" oil reserves. This excludes the billions of barrels of oil that's off-limits due to restrictive federal policy, classified as undiscovered, technically recoverable resources (UTRR) and not counted with the proven reserves. According to recent government estimates, that is more than 116 billion barrels of UTRR oil on federal lands. Access to these restricted reserves will generate American jobs, increase U.S. energy security and provide significant revenues to state and local governments.
      Did You Know?
      The oil and natural gas industry is vital to U.S. energy and economic security.

      The oil and natural gas industry supports 9.2 million American jobs and 7.7% of U.S. economy.

      With more access as well as Keystone pipeline construction, the United States and Canada can provide 100% of U.S. liquid fuel needs by 2030.

      2010 industry contributions to U.S. economy equal roughly 60 percent of the 2009 stimulus package.
      Find Out More
  • Environment & Safety
      Environment and SafetyEnvironmental Reviews
      America’s oil and natural gas industry has a long-standing commitment to safety and protecting the environment. The industry’s environmental investments represent a crucial aspect of today’s energy exploration and production process. Since 2008, the Keystone Pipeline has undergone the longest pipeline application deliberation in history--including five environmental reviews.
      oil safety environmentEnvironment and Safety
      Spills are rare, but when they do happen, the oil and natural gas industry and the U.S. government work together to employ the world’s leading response capabilities and minimize environmental harm. Following the Gulf oil spill, the industry has taken several steps to improve our safety mechanisms, including joining forces to build and deploy a rapid-response containment system. The industry has also created the Center for Offshore Safety, which draws on lessons learned from successful and existing safety programs.
      Did You Know?
      The industry invested $239 billion since 1990 toward improving the environmental performance of its products, facilities and operations—$777 for every man, woman and child in the United States.

      The industry invested an estimated $13 billion in emerging technologies in 2009, allowing operations to be cleaner, safer and more efficient.

      Electronic navigation and physical oceanographic systems are a large part of the reason why more than 99.9% of oil delivered by tankers during the last decade has reached its U.S destination without incident.
      Find Out More
The People of America's Oil and Natural Gas Industry
Energy Tomorrow Blog
  • Oil Imports are Falling Thanks to Domestic Output, Not Ethanol

    Another of Big Ethanol’s favorite lines is the claim that Renewable Fuel Standard (RFS) mandates for ever-increasing ethanol use are reducing oil imports. As we noted in this Bob Greco post from April 2013, ethanol proponents keep saying this despite the fact there’s little factual basis for it. Let’s update that post.

    First, we know that net crude oil imports are falling, and that’s a very good thing for America. The U.S. Energy Information Administration (EIA) reports that in 2013 net crude imports were at their lowest level since 1988, and EIA projects that net imports’ share of overall U.S. petroleum and other liquids use could approach zero by 2040 – a good definition of U.S. energy self-sufficiency. Big Ethanol likes wrapping itself in that mantle because it boosts the flawed RFS. But it’s not deserved.

    U.S. net imports of crude fell more than 2.1 million barrels per day (bpd) from the beginning of 2008 through the end of 2013. Again, great news. Over the same period domestic crude production increased more than 2.4 million bpd. You don’t need a slide rule to understand that the increase in domestic production accounts for all of the reduction in imports.

    >> Read More
  • States Setting the Bar for Oil and Natural Gas Development

    The Southern: In three years of working in the fracking fields of North Dakota, Rick Tippett has witnessed two accidents, he said.

    Tippett, 61, of Creal Springs, said he never feels he puts his safety at risk when on a horizontal fracking site. Tippett works six weeks straight and returns to his Southern Illinois home during his 10-day breaks.

    Between two weeks of orientation focused solely on safety, provided by a multitude of gas companies and regulators; yearly safety training and company-provided protective gear, Tippett said safety is “the No. 1 priority” on a job site.

    Tippett spoke with The Southern Illinoisan after statements from Southern Illinoisans Against Fracturing Our Environment issued Wednesday that fracking is unsafe for workers. The SAFE comments came a day after fracking proponents urged faster movement on drafting rules to regulate horizontal fracking.

    Accidents he has seen involved one friend who hurt his hand from a fallen pipe and another who was uninjured when water used for fracking splashed on him.

    In the second incident, emergency crews responded and washed the man down as a precaution, Tippett said.

    “They will stop all work if anything happens,” he said of companies operating the fracking sites.

    >> Read More
  • The Facts on E15 – Chicago Edition

    Reading content produced by opponents of the oil and natural gas industry, you see a lot of distortion, misinformation, myth and falsehood. Yet, it would be hard to identify something as packed with baloney as the supporting arguments for an idea that’s being advanced by a pair of Chicago aldermen – mandating that all of the city’s self-service gas stations offer E15 fuel.

    Backers of the soon-to-be-voted-on proposal have a website, www.cleartheairchicago.com, that’s basically a clearinghouse for corn ethanol industry sophistry, trumpeting E15 as the elixir of cleaner air, reduced oil imports and lower gasoline prices – taking advantage of the public’s earnestness for all three. Unfortunately, the promises they attach to E15 are like so much snake oil.

    Over and over we’ve rebutted Big Ethanol’s E15 arguments – underlying the special interest’s work to prop up the flawed Renewable Fuel Standard’s mandates for ever-increasing ethanol use. A number of them are repeated to support the Chicago proposal: E15 is cleaner and cheaper than the E10 gasoline that’s the staple of the U.S. fuel supply. It’s acceptable for use in U.S. vehicles and is actually better for them than E10. E15, they claim, is about promoting consumer choice.

    >> Read More
  • American Energy Continues to Generate Opportunity

    The New York Times (Steven Rattner): As a young reporter covering energy for The New York Times, I saw firsthand the distortions and inefficiencies caused by the web of regulations that followed the Arab oil embargo of 1973-74, and the resulting surge in gasoline prices.

    So I shared in the frisson of excitement last month when the Commerce Department cleared two Texas companies to export an ultralight, processed form of oil called condensate. It seemed like a step toward relaxing the ban on the export of crude oil, the biggest stricture remaining from the ’70s energy crisis.

    But then the Obama administration quickly insisted that the Commerce Department, in narrowing the definition of crude oil so that condensate could be exported, was not about to lift the ban more widely. “There has been no change to our policy on crude oil exports,” a White House spokesman said.

    That’s unfortunate, because America’s renewed hydrocarbon boom could be even more robust if we eased outdated restrictions on shipping both crude oil and liquefied natural gas overseas.

    >> Read More
  • Across Party, Age and Gender – Strong Support for Offshore Drilling

    There are three connected points in a new poll of registered U.S. voters on domestic oil and natural gas development that should resonate in Washington: Strong majorities of registered voters support more domestic drilling and production, they don’t think the federal government does enough to encourage development of domestic resources and they’re inclined to vote for political candidates who support oil and natural gas development here at home.

    AP Upstream Group Director Erik Milito talked about the survey of 1,012 registered voters and issues related to increasing access to domestic oil and natural gas reserves during a conference call with reporters:

    “Voters from across the political spectrum want to find and tap the vast oil and natural gas resources waiting to be discovered off our shores. Our industry stands ready to do the job safely and responsibly, and the benefits to our economy and our national security are impossible to deny. All the federal government needs to do is say, ‘Yes.’”

    >> Read More
  • Activists vs. Reality: Economic Growth, Human Progress Won't Be Stranded

    Interesting question: Might climate change laws and regulations negatively impact the value of oil reserves held by energy companies, to the point of “stranding” them, ultimately affecting shareholders? Two companies, ExxonMobil and Shell, essentially have told their shareholders, no – because projected increases in global energy demand will continue to require all viable energy sources, including oil and natural gas, into the foreseeable future. From ExxonMobil’s report to shareholders:

    For several years, our Outlook for Energy has explicitly accounted for the prospect of policies regulating greenhouse gas emissions (GHG). This factor, among many others, has informed investments decisions that have led ExxonMobil to become the leading producer of cleaner-burning natural gas in the United States, for example. Based on this analysis, we are confident that none of our hydrocarbon reserves are now or will become “stranded.” We believe producing these assets is essential to meeting growing energy demand worldwide, and in preventing consumers – especially those in the least developed and most vulnerable economies – from themselves becoming stranded in the global pursuit of higher living standards and greater economic opportunity.

    >> Read More
  • All of the Above Energy Benefits All Americans

    AEI Carpe Diem Blog

    gas oil july 2014

    The chart above helps to illustrate the significance of America’s shale oil and gas boom by showing the combined domestic output of US oil and gas (in quadrillion BTUs, EIA data here). After production of conventional oil and gas peaked around 1970 at almost 45 quadrillion BTUs, there was a gradual, steady decline that continued until about 2005, when combined production had dropped to a 43-year low of 31.85 quadrillion BTUs, the lowest level since 1962. If that trend had continued, the US would now be producing only about 30 quadrillion BTUs of oil and gas (or less), which would have put us back to the production level of the late 1950s.

    >> Read More
  • A Commitment to Offshore Safety

    The recent International Oil Spill Conference (IOSC) in Savannah, Ga., underscored the oil and natural gas industry’s continuing commitment to safe energy development – using new technologies and deployed expertise to quickly and appropriately respond in the event of an accidental spill.

    Below, check out a new video featuring conference attendees, talking about IOSC’s valuable role in bringing together experts, service providers and government officials in the broad effort to keep improving the safety of offshore oil and natural gas development.

    >> Read More
  • Energy Access, Rising Production Boost America

    Recent Improvements in Petroleum Trade Balance Mitigate U.S. Trade Deficit

     

    EIA Today in Energy: Since the mid-1970s, the United States has run a deficit in merchandise trade, meaning that payments for imports exceeded receipts for exports. This large and growing deficit on the merchandise trade balance reached a maximum of $883 billion in the second quarter of 2008.

     

    As a result of the recession, dramatic declines of imports in excess of exports during the fourth quarter of 2008 and the first quarter of 2009 reduced the merchandise trade deficit by 49%, to $449 billion in the second quarter of 2009. This trend of declining imports resulted in the lowest quarterly deficit level since early 2002. The merchandise trade deficit then increased to $686 billion in the fourth quarter of 2013, with much of the difference from the 2008 level ($131 billion) attributable to a $158 billion increase in net exports of crude oil and petroleum products.

    >> Read More
  • Choosing Energy – Choosing Growth, Security

    Washington Examiner: The Obama administration announced Friday that it would allow exploration for oil and gas off some portions of the Atlantic Coast using sonic testing devices that environmentalists say harm marine life.

     

    The Interior Department's Bureau of Ocean Energy Management gave the OK for seismic airgun testing, which are boat-towed cannons that shoot sonar blasts off the ocean floor to scan for oil-and-gas deposits, in the mid- and south-Atlantic areas that stretch from the Delaware Bay to just south of Cape Canaveral, Fla. The approval is a prelude to potential offshore drilling there, though that is blocked through 2017 under President Obama's five-year offshore drilling plan.

    "The bureau has identified a path forward that addresses the need to update the nearly four-decade-old data in the region while protecting marine life and cultural sites,” said Acting BOEM Director Walter D. Cruickshank, who noted the agency has several permits on hand to conduct the seismic tests. “The bureau's decision reflects a carefully analyzed and balanced approach that will allow us to increase our understanding of potential offshore resources while protecting the human, marine and coastal environments.”

    >> Read More

About This Blog  RSS

Energy Tomorrow is brought to you by the American Petroleum Institute (API), which is the only national trade association that represents all aspects of America's oil and natural gas industry. Our more than 500 corporate members, from the largest major oil company to the smallest of independents, come from all segments of the industry. They are producers, refiners, suppliers, pipeline operators and marine transporters, as well as service and supply companies that support all segments of the industry.

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