The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

keystone-xl-pipeline  nebraska  jobs  economic-benefits 

Mark Green

Mark Green
Posted August 8, 2017

Keystone XL would be more than numbers. It would be paychecks to individual households in the Heartland. Those paychecks would help workers afford mortgages, groceries, their utilities and more. The project would support local stores, restaurants, hotels and other businesses – each one of those connected to the livelihoods of individual Nebraskans.

Read More

natural-gas  infrastructure  pipelines  economic-benefits  jobs  climate 

Mark Green

Mark Green
Posted July 18, 2017

Current legislation in Congress will be a big help in advancing the energy infrastructure the United States needs to connect our nation’s vast energy wealth with those who benefit from it: individual Americans, businesses and manufacturers. The House legislation would streamline federal review and approval of natural gas pipelines by codifying and reinforcing current regulatory deadlines and by clarifying the roles of the permitting agencies that are involved in infrastructure projects.

Read More

hydraulic-fracturing  fracking  oil-and-natural-gas  economic-benefits  emission-reductions  consumers  manufacturing 

Mark Green

Mark Green
Posted November 3, 2016

Let’s follow up on a post earlier this week on the energy stakes in next week’s election with some recent analysis by Adam Sieminski, who heads the U.S. Energy Information Administration (EIA). Speaking at a Natural Gas Roundtable event, Sieminski said that constraints on hydraulic fracturing, reducing its use, could have significant price impacts. 

Read More

pipelines  infrastructure  labor-unions  south-dakota  economic-benefits 

Mark Green

Mark Green
Posted October 5, 2016

Our country has significant infrastructure needs. Here, the focus is on energy, but America’s roads, bridges, airports, ports and more all need attention, too. All of them – energy and otherwise – also need government approval processes that are fair and efficient so that important infrastructure projects can be built in a timely manner. 

Read More

liquefied-natural-gas  lng-exports  economic-benefits  manufacturing  climate 

Mark Green

Mark Green
Posted October 3, 2016

As is the case with any tradable commodity, selling U.S. natural gas outside this country promotes domestic jobs and economic growth. Expanding demand for U.S. natural gas in global markets through LNG exports will result in increased domestic investment, enhanced GDP growth, rising incomes and more well-paying jobs. At the same time, U.S. LNG exports will expand global natural gas markets – enhancing U.S. influence to encourage transparency and fair market rules while strengthening relationships with our allies.

Read More

north-dakota  pipelines  economic-benefits  infrastructure 

Mark Green

Mark Green
Posted September 14, 2016

Each job is the economic lifeline for an individual and/or family, thousands of them. Sales tax revenues reflect economic activity along the construction corridor that benefits local businesses of all kinds. Property taxes typically support schools, hospitals, emergency services and other vital public services and facilities. If you’re a resident of one of the states traversed by the DAPL, the project is valuable to your community, to you and your neighbors – and the administration’s attempt to contravene the regular, lawful order puts that value at risk.

Read More

oil-and-natural-gas  economic-benefits  consumers  emission-reductions  climate 

Kate Wallace

Kate Wallace
Posted August 30, 2016

The United States leads the world in oil and natural gas production – and also reduction of carbon emissions. This global leadership largely results from private investment and innovation by the oil and natural gas industry, which has developed the advanced technologies needed to drive the American energy renaissance of the past decade. API President and CEO Jack Gerard discussed these issues and others during a conference call with reporters.


Read More

natural-gas  electricity  economic-benefits  infrastructure  fracking  pipelines 

Mark Green

Mark Green
Posted July 14, 2016

CNBC has put out its annual ranking of America’s top states for business, an analysis based on a number of things including metrics for workforce, infrastructure, access to capital and quality of life. Another of those metrics, cost of living, caught our eye because energy was part of the calculation. Indeed, in CNBC’s ranking of the country’s 10 most expensive states to live in, the cost of energy to residents a key factor.

Five members of that dubious top 10 are New York, Connecticut, Massachusetts, Rhode Island and New Hampshire, and energy costs there are higher than they need to be. According to the U.S. Energy Information Administration (EIA), those states and neighbors Maine and Vermont all had costs for residential electricity and natural gas that exceeded national averages this past winter. Of course, these states are located in a part of the country where more energy infrastructure (see previous posts here and here) could positively impact energy costs.  

A couple of charts show the cost being borne by consumers in those states, in part, because there’s inadequate natural gas pipeline infrastructure to meet home heating and power generation needs during peak winter months.

Read More

petroleum  president-obama  oil-and-natural-gas  us-energy-security  economic-benefits  access  fracking  infrastructure  vote4energy 

Mark Green

Mark Green
Posted July 6, 2016

Good to hear President Obama extolling some of the benefits of the U.S. energy revolution this week in North Carolina, starting with security and consumer benefits. Both are firmly linked to surging domestic oil production – which of course is why the United States leads the world in oil and natural gas output. The president:

“Remember when we were all concerned about our dependence on foreign oil? Well, let me tell you, we’ve cut the amount of oil we buy from other countries in half. Remember when the other team was promising they were going to get gas prices down in like 10 years? We did it. … So we have been able to shape an energy policy that’s good for families, good for your pocketbook.”

Indeed, producing more oil and gas here at home has had great impact on U.S. energy security and security overall. The United States is stronger in the world today because it is less dependent on others for imported energy. According to the U.S. Energy Information Administration (EIA), net imports stood at 4.6 million barrels of oil per day in 2015 – lower than any year since they were at 4.2 million barrels per day in 1985. EIA projects that in 2040 net crude imports will drop to about 1.5 million barrels per day.

Read More

liquefied-natural-gas  lng-exports  infrastructure  economic-benefits  trade 

Mark Green

Mark Green
Posted July 5, 2016

newly expanded Panama Canal is open for business.

It’s noteworthy, as federal official say, that the enlarged canal can handle the vast majority of the world’s liquefied natural gas (LNG) tankers while significantly shortening travel time and transportation costs for U.S. LNG suppliers to key overseas markets. This is huge for U.S. LNG exports, offering another strong argument for swifter federal approval of pending LNG export projects.

Read More