The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

states2017  power-past-impossible 

Mark Green

Mark Green
Posted October 10, 2017

It’s early fall in the Mid-Atlantic, and memories of summer weekend jaunts to the Jersey Shore are still fresh – because, as Springsteen put it, “down on the shore everything’s all right.”

Here’s what’s alright: Folks loading up the car, filling the tank with gas and hitting the Atlantic City Expressway in droves, because there’s no more popular shore point than historic Atlantic City. The Boss again:

“Put your makeup on, fix your hair up pretty, and meet me tonight in Atlantic City.”

Atlantic City is the shore, it’s the Boardwalk – the one with a capital “B.” It’s shops, amusements and games of chance. It’s historic. Atlantic City street names were appropriated by “Monopoly,” still one of the most popular board games ever.

Atlantic City certainly lives up to its “Do AC” slogan. Pull through Ventnor or Brigantine, onto Atlantic Ave, into “America’s Favorite Playground,” and you’re instantly greeted by emporiums and casinos. A couple of blocks in the distance, the Boardwalk attracts beachgoers, bicyclists and beach tag checkers. This town doesn’t mess around when it comes to the tourist experience. Natural gas and petroleum help ensure that A.C. brings the heat year-round.

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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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ohio  natural-gas  consumers  electricity 

Mark Green

Mark Green
Posted October 5, 2017

Ohio voters continue to oppose bailouts for nuclear plants. As a statewide poll showed this summer, a new poll by API Ohio shows big opposition to a proposal to let nuclear plant owner FirstEnergy charge its customers a special fee to increase funding for its plants in three counties that are near FirstEnergy’s headquarters and its Davis-Besse and Perry nuclear plants. The opposition in Lake, Summit and Ottawa counties is bipartisan and huge.

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states2017  power-past-impossible 

Mark Green

Mark Green
Posted October 5, 2017

We’re a hardy lot, we humans, often displaying enormous determination to keep moving forward in the face of steep challenges. Paratriathlete Allysa Seely, though, takes determination to another level entirely.

Seely made history last year by winning a gold medal for Team USA at the summer Paralympics. Eight years earlier she lost her left leg below the knee after surgeries and associated complications in the course of treatment for three separate disorders, two involving her brain. (Read more about it in this interview with ESPN.) She refused to stay down – and energy supported her steely resolve.

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natural-gas  consumers  electric-grid  ferc 

Mark Green

Mark Green
Posted October 4, 2017

Some initial takeaways from this week’s House hearing, during which there was considerable discussion of the U.S. Energy Department’s recent request that a new electricity pricing program be developed by the Federal Energy Regulatory Commission – one that effectively would favor some energy sources over others.

First, as we argued twice last week (read here and here), markets – not preferences, mechanisms, subsidies or whatever – should be allowed to select energy sources for power generation, because they reward innovation, promote efficiency, lower prices and work to benefit consumers.

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american-petroleum-institute  environmental-impact  innovation  technology 

Mark Green

Mark Green
Posted October 3, 2017

API is on the move. Reflecting the advanced technologies that natural gas and oil bring to energy production and our commitment to reducing our environmental footprint, the industry’s leading national trade association plans to move next year to a new, self-sustaining LEED Platinum-certified building in downtown Washington, D.C., that will include a number of innovative features.

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lng-exports  natural-gas  consumers  economic-growth  jobs 

Mark Green

Mark Green
Posted October 3, 2017

Here’s what we’ve learned since a 2013 study projected job and economic gains from exporting U.S. liquefied natural gas: The jobs and economic growth are still positive and significant, the domestic price impacts are about half of what was estimated four years ago and we have more natural gas than we thought.

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states2017  power-past-impossible 

Mark Green

Mark Green
Posted October 3, 2017

You know them. They’re your friends, neighbors and work colleagues, men and women, who in their spare time are “Ironmen.” For shlubs like yours truly, summer is about relaxation – trying not to break a sweat. For more than 2,000 Ironman triathletes, summer was about training and qualifying in races around the world for the Big Daddy of Ironman competitions, the 2017 Ironman World Championship in Hawaii on Oct. 14. Swim, bike, run. Ironman competitions were conceived as the ultimate test of athletic prowess. Competitors must consider the gear they wear, ride and bring during each of the three legs. In each phase, natural gas and oil play important roles to help the athletes get over the finish line.

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consumers  natural-gas  electric-grid  ferc 

Mark Green

Mark Green
Posted September 29, 2017

Earlier this week we wrote about the market perils of government efforts to favor some energy sources over others (“On Energy, Let Markets Choose”). We may as well have been talking about Friday’s U.S. Energy Department request that the Federal Energy Regulatory Commission (FERC) develop a new electricity pricing program that lets some power plants recover the costs of providing that power.

Whatever you call these preferential measures – subsidies, mechanisms, credits – they tend to foil the way markets, if left to themselves, reward innovation, promote efficiency, lower prices and work to benefit consumers.

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states2017  power-past-impossible 

Mark Green

Mark Green
Posted September 28, 2017

You remember “Lucy” and “Ricky” from “I Love Lucy,” one of the best TV sitcoms ever that’s still being seen on the Hallmark Channel. Once upon a time, in the film comedy “The Long, Long Trailer,” they set out on a road trip with a fully outfitted tow trailer about the length of Tennessee.

It’s still pretty funny stuff. For example, there’s a scene where she’s trying to fix a meal inside the bouncing, jouncing trailer while her husband happily belts out a ballad in the car, completely oblivious to his wife’s predicament in the rig behind him. And other gags.

Here’s the link between an old film comedy, trailers and energy: Every year, millions of Americans hit the roads towing trailers – and every mile is made better with the help of oil and natural gas. The link with Ohio is that Jackson Center in the Buckeye State, about 75 miles northwest of Columbus, is home to Airstream, maker of the classic, aluminum-clad travel trailer.

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