Made in America: Common-Sense Energy Regulatory Structure

We talked recently about increasing access to domestic oil and natural gas as key to a made-in-America energy plan. Here’s another essential piece: common-sense regulation. Without a reasonable regulatory structure that’s transparent and accessible, red tape could tie up America’s ample energy resources.

In its recent report to the platform committees of the two political parties, API outlined what America’s energy regulatory structure needs:

  • Transparency – We need a system that operates in a way that’s clear and unambiguous, with input from all stakeholders, and that bases rules on sound science.
  • Sound analysis – We need regulatory processes that are based on legitimate cost-benefit analysis, with implementation timelines that consider economic impacts and resource availabili... more »

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Generation Next: Securing Tomorrow’s Energy Industry Workforce

Recently, ExxonMobil Development Co.’s L.M. Tillman addressed a gathering at the Offshore Technology Conference on the subject of energy industry employment. Tillman, vice president of engineering, said that economic growth in the developing world will drive the demand for energy and with it, the demand for energy workers. Here’s a follow-up Q&A with Mr. Tillman on energy employment, opportunities for younger workers and industry’s efforts to secure the next generation of workers.

Q: Where are the best opportunities to work in the industry, and what kind of skill sets are needed to land jobs and advance rapidly?

A: For the industry to be able to meet the energy challenge, it needs engineers and scientists who can push technology and innovation, analyze problems and develop creative s... more »

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Made in America: Increase Access for Secure Energy Future

American-made energy. With the Energy Information Administration projecting that the United States will need more than 16 percent additional energy by 2035, the idea that we could, before then, see 100 percent of our liquid fuel needs met domestically and from Canada is huge. Make that gigantic.

Increased access to American energy resources is the key. API’s recent report to the two political parties’ platform committees marks the way – offshore:

  • Open the eastern Gulf of Mexico to oil and natural gas exploration and development
  • Open the Atlantic Outer Continental Shelf
  • Open the Pacific Outer Continental Shelf

And onshore:

  • Open the 1002 Area within the Arctic National Wildlife Refuge in Alaska
  • Open portions of the Rocky Mountains
  • Lift New York state’s drilli... more »

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Unused Leases? You’ve Got to be Joking!

The warmed-over claim that oil and natural gas companies aren’t using large numbers of leases on public lands is like a Mark Twain line: What’s the difference between a cat and a lie? A cat only has nine lives!

Seriously, here we go again, with the administration claiming (again) that leases in federal areas offshore and onshore aren’t being used. It made similar claims in 2009 and again last year. Politico Pro [subscription required] says this year’s report is basically last year’s with a few updated numbers. Here’s a statement from Interior Secretary Ken Salazar:

“These lands and waters belong to the American people, and they expect those energy supplies to be developed in a timely and responsible manner and with a fair return to taxpayers.”

Let’s be clear: It’s simply fal... more »

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Behind the Latest Gulf Rig Count Numbers

Reuters reports that eight deepwater drilling rigs are expected in the Gulf of Mexico this year, which would bring the active deepwater contingent to 29 – just short of the number before the 2010 Macando accident. While that will be a positive step, here are some reasons to hold off popping the champagne corks:

  • The eight rigs are not yet in the Gulf, not yet working.
  • While permit applications to work on Gulf jobs have been submitted, the rigs will return there only if the permits are approved.
  • Given “A” and “B” above, it’s still premature to talk about Gulf drilling being back to normal or “close to pre-moratorium levels.”
  • The eight rigs would bring the Gulf rig count to “just short of the level” before the administration’s permit moratorium, not equal to levels of two y... more »

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