Posted September 6, 2017
Posted September 5, 2017
As the waters recede, the energy industry is inspecting and assessing its facilities.The industry’s goal, as always, is to keep the marketplace well-supplied while ensuring the highest level of safety. Here’s some of the latest news as our energy infrastructure gets back online.
Posted August 31, 2017
The Gulf Coast area impacted by Hurricane-Tropical Storm Harvey faces a long recovery road, with thousands displaced and so many neighborhoods and workplaces inaccessible due to floodwaters. Humanitarian relief efforts are under way, but there’s much work to be done. While Americans across the country are concerned about the human toll left by Harvey, we’re particularly mindful of thousands of colleagues in the natural gas and oil industry who work and live in affected areas. In that light, it’s a glimmer of good news that a few of the refineries forced to shut down because of the storm are starting the complex process of restarting – six as of Thursday morning, according to the U.S. Energy Department, with a combined capacity of more than 1.2 million barrels per day or about 4.2 percent of total U.S. refining capacity.
Posted July 12, 2016
The sound approach to energy regulation in the U.S. – one that provides appropriate oversight to oil and natural gas development without unnecessarily impeding progress – continues to be a major theme at the U.S. Energy Information Administration’s (EIA) annual conference in Washington.
Tesoro President and CEO Gregory J. Goff raised the point with his Day 1 keynote speech, calling for transparency, fairness and accountability in federal regulation:
“Consumers, companies and the economy all benefit when government policies are well-reasoned and balanced. America is blessed with an abundance of affordable, reliable energy. It must not be squandered. Allowing the forces of the free market to operate will continue to benefit society. Government should be a facilitating partner in this positive economic force, not a roadblock to it.”
Posted May 8, 2014
Highlights from API President and CEO Jack Gerard’s remarks at the 2014 International Oil Spill Conference (IOSC) in Savannah, Ga.:
- The United States’ rise to energy superpower status, built on surging oil and natural gas production, will demand increased energy infrastructure.
- Greater demand for energy will spotlight the oil and natural gas industry’s ability to develop reserves, but also how well industry transports and stores the energy it produces.
- Continuing to add to and improve industry’s ability to prevent and prepare for spills, as well as its response if incidents occur, will be key to sustaining America’s oil and natural gas renaissance.
Posted September 20, 2013
Encouraging words on shale development via hydraulic fracturing this week from former Interior Secretary Ken Salazar and former Energy Secretary Steven Chu.
First Salazar, who as Interior boss was the lead federal official on access to U.S. onshore and offshore oil and natural gas reserves. From coverage of Salazar at the Domenici Public Policy Conference in Las Cruces, N.M., by the Las Cruces Sun-News:
"(Hydraulic fracturing) is creating an energy revolution in the United States alone," Salazar said. He recognized the concerns many environmentalists have with the process, often called fracking, that pumps high-pressured water into holes drilled in the ground to extract gas and oil. Environmentalists are concerned the process contaminates water and air quality, along with other environmental impacts. "I would say to everybody that hydraulic fracking is safe," Salazar said.
Posted September 13, 2013
Posted August 29, 2013
With the proviso that we’re still evaluating proposed new federal standards for offshore oil and natural gas production systems announced last week, the incorporation of a number of industry standards in the proposal is encouraging.
The 149-page proposal from the Bureau of Safety and Environmental Enforcement (BSEE) would update standards that haven’t been changed much since they were first published in 1988.
Posted July 4, 2013
Petroleum products are everywhere – from the time your iPhone alarm rings in the morning to the time you turn off the lights at night, oil and natural gas impacts almost every aspect of life. And it’s not just electronics – from toothpaste to medicines, to clothing to the roof over your head, when you stop to think about it, the oil and natural gas industry is an integral part of the American way of life.
Oil and natural gas contribute to our health and well-being through a myriad of medicines, medical supplies and health and safety products. Aspirin is synthesized from petroleum byproducts, and advanced medical devices such as heart valves and artificial limbs are made of plastic. Kevlar®, a lightweight fiber that’s five times stronger than steel helps keep our armed forces safe and our police forces protected – and it all began with oil and natural gas.