The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

trade  canada  mexico  us-energy  consumers  jobs  investments 

Mark Green

Mark Green
Posted October 10, 2017

With talks between the U.S., Canada and Mexico on modernizing NAFTA heading for a fourth round this week, our negotiators can help ensure the global competitiveness of U.S. energy companies by working to retain strong protections for U.S. investments abroad through the agreement’s investment protections and investor-state dispute settlement (ISDS) provision.

ISDS sounds a little wonky, but its basic mission is pretty straightforward: It helps protect U.S. investors from being treated unfairly by host nation governments. Conversely, there’s potential jeopardy if the U.S. allows ISDS to be weakened or removed in the current talks. It could undermine ISDS provisions globally in other treaties and agreements.

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trade  mexico  canada  oil-and-natural-gas  petroleum-products 

Mark Green

Mark Green
Posted September 22, 2017

U.S. businesses and industries continue to press the case for preserving and strengthening NAFTA provisions that have supported U.S. trade with Canada and Mexico. A number of business and industry sectors joined an API-hosted conference call with reporters to underscore the need for ongoing negotiations between the U.S., Canada and Mexico to sustain treaty features that foster North American trade, including North American energy integration.

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trade  canada  oil-and-natural-gas  mexico  economic-growth  us-energy-security 

Mark Green

Mark Green
Posted June 22, 2017

With public hearings planned next week on the North American Free Trade Agreement (NAFTA), let’s review some of important reasons that any modernizing of NAFTA – as has been broached by the administration – must retain critical provisions supporting and growing North American energy integration, interdependence and energy security. This is fleshed out in API’s official NAFTA comments, submitted to U.S. Trade Representative Robert E. Lighthizer last week. 

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natural-gas  lng-exports  trade  climate  us-energy-security 

Mark Green

Mark Green
Posted April 26, 2017

The Trump Administration issued its first LNG export approval, with the Energy Department authorizing the Golden Pass project in Texas to export up to 2.21 billion cubic feet per day to non-Free Trade Agreement countries. It’s a big step forward for the joint venture between ExxonMobil, ConocoPhillips and Qatar Petroleum, which filed its original application with DOE in August 2012 and expects the project to support 45,000 jobs over five years and 3,800 permanent jobs over the next 25 years of operation.

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refineries  petroleum-products  energy-exports  canada  mexico  trade 

Mark Green

Mark Green
Posted March 22, 2017

Exports of finished petroleum products – including finished motor gasoline, propane, distillate fuel oil and others – to Canada and Mexico are a big part of the North American energy market that we posted on here, a market that is providing economic and security benefits to all three countries.

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natural-gas  lng-exports  trade  economic-growth  us-energy-security  energy-department 

Mark Green

Mark Green
Posted March 16, 2017

The global LNG market is developing, and the spot market’s growing liquidity could favor U.S. exporters, already benefiting from abundant domestic supply and ready access to the Panama Canal. America has the natural gas and access to markets. Artificial restrictions on LNG export project development should be removed. The potential benefits to the United States are significant. 

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energy-exports  lng-exports  trade  economic-growth 

Mark Green

Mark Green
Posted January 25, 2017

American energy also should be able to reach new markets abroad. Freely trading U.S. crude, LNG, petrochemicals and finished products made from petroleum and natural gas is key to strengthening U.S. competitiveness around the globe, economic growth and domestic energy production.

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energy-exports  liquefied-natural-gas  lng34  trade 

Mark Green

Mark Green
Posted November 30, 2016

Perhaps more importantly, the November natural gas export/import numbers suggest new U.S. muscularity in the global energy marketplace, built by America’s domestic energy renaissance. Record natural gas output, largely developed with advanced hydraulic fracturing and horizontal drilling, is creating export opportunities for U.S. liquefied natural gas (LNG) and increasing U.S. energy influence globally.

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lng-exports  trade  economic-growth  emission-reductions  security 

Mark Green

Mark Green
Posted September 21, 2016

With environmentalists attacking a provision in pending energy legislation that would boost the competitiveness of U.S. liquefied natural gas (LNG) exports, now’s a good time to review the reasons to expedite federal approval of LNG export projects in this country.

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liquefied-natural-gas  lng-exports  trade  us-energy-security  fracking  infrastructure 

Mark Green

Mark Green
Posted August 2, 2016

Gaining strength is the argument that the United States should move as expeditiously as possible on liquefied natural gas (LNG) export infrastructure that would help secure America’s place in the emerging global LNG market.

The added heft is seen in two ways. First, the initial U.S. shipment of LNG passed through the newly expanded Panama Canal last week, underscoring a point made in this postthat the widened canal will shorten voyage times from U.S. LNG export facilities on the Gulf Coast to Asia and the western coast of South America, boosting the competitiveness of U.S. suppliers. Reduced voyage time means quicker turnaround times, leading to better service and a boost to U.S. competitiveness.

Secondly, an International Energy Agency (IEA) report projects the U.S. will become the world’s third-largest LNG supplier in five years, behind Qatar and Australia. 

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