The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

world-gas-conference 

Mark Green

Mark Green
Posted June 26, 2018

ExxonMobil Chairman and CEO Darren Woods and Chevron Chairman and CEO Michael Wirth used the big stage at the World Gas Conference to underscore what we’ve been saying for some time about the administration’s tariffs on imported steel: They work against the U.S. natural gas and oil renaissance.

Woods said the concept of free trade “underpins the competitiveness” of the natural gas and oil industry. Other administration initiatives – Woods mentioned tax reform and regulatory changes – have enhanced the competitiveness of U.S. industry versus global rivals. Tariffs on imported steel could hinder progress by the domestic industry.

Read More

natural-gas-benefits  emission-reductions  methane  air-quality  the-environmental-partnership 

Mark Green

Mark Green
Posted June 21, 2018

Let’s make three quick points following release of a new methane emissions report from the Environmental Defense Fund: The paper's findings are consistent with falling emissions; technology, knowledge and industry collaboration are continuing the progress already made in cutting emissions; and a sound, accurate base of information is needed to help build an understanding of where and how more improvements in reducing emissions can be made in the future.


Read More

trade  crude-oil-exports  china 

Mark Green

Mark Green
Posted June 20, 2018

Two charts pretty well capture the what’s at stake for U.S. energy – specifically exports of domestic crude oil – in an intensifying trade standoff between the United States and China.

According to U.S. Energy Information Administration figures, this is a very big deal. Big as in U.S. crude oil exports to China accounted for about one-fifth of all U.S. oil exports in 2017 – growing from basically nothing in 2013 to 81.6 million barrels last year.

Read More

lng-exports  natural-gas-benefits  economic-growth  trade 

Mark Green

Mark Green
Posted June 13, 2018

The U.S. Energy Department’s latest study on the economic impacts of exporting liquefied natural gas (LNG) reaches a by-now familiar top-line conclusion: Exporting U.S. LNG is good for the economy, and those benefits will outweigh domestic cost impacts.

We say familiar, because this is the fifth DOE study on LNG exports – and the fifth to describe broad, positive economic impacts for the United States from shipping natural gas to friends and allies overseas – which should end claims that LNG exports could harm American consumers.

Certainly, no one can say the issue hasn’t been thoroughly analyzed – not after five government studies and two commissioned by our industry (see here and here).

Read More

natural-gas  electric-grid  security  pipelines  infrastructure 

Mark Green

Mark Green
Posted June 12, 2018

Administration officials continue to push the idea of propping up failing coal and nuclear plants to ensure the health of the U.S. power system by asserting that the nation’s natural gas infrastructure is at heightened risk of cyber attack and other threats. There’s simply no substantiated evidence supporting their claim.

Here’s what you need to know about the security of our country’s natural gas infrastructure and industry’s efforts to guard against potential cyber threats.

Read More

offshore-energy  oil-and-natural-gas  safe-operations  economic-benefits 

Mark Green

Mark Green
Posted June 8, 2018

Our industry supports increased access to America’s offshore natural gas and oil. The benefits promise to be broad for coastal states and the entire country. Responsible development is safe, well-regulated and compatible with other uses, including those of our military.

To advance the nation’s strategic interests that are tied to careful offshore natural gas and oil, API this week announced the launch of “Explore Offshore,” a diverse coalition of more than 100 local leaders, community organizations, businesses and associations from five Atlantic and Gulf Coast states that supports increased offshore access. 

Read More

trade  regulation  pipeline-construction  oil-and-natural-gas 

Mark Green

Mark Green
Posted June 1, 2018

The decision by the Trump administration to impose tariffs on imported steel, including key allies Canada, Mexico and the European Union, is the wrong direction for U.S. energy policy. While the full effect of these tariffs on steel-intensive business—and the U.S. economy—remains to be seen, the impacts will ripple through the natural gas and oil industry, compromising energy production and posing a threat to America’s national security.

Read More

gasoline-prices  crude-oil  gasoline-blends  gasoline-taxes  consumers 

Mark Green

Mark Green
Posted May 24, 2018

Let’s add some needed perspective in the ongoing discussion of U.S. gasoline prices – even as Washington politicians try to exploit them for their own agendas. The latest political play: Senate Democrats want the president to cajole other nations into producing more oil to increase supply in hopes of moderating things at the pump.

Certainly, increasing global crude supply is important, because in the past doing so has put downward pressure on the cost of crude, the No. 1 factor driving gasoline prices.

But, since we’ve seen how much lower and less volatile prices have been the past four years, thanks to the growth of U.S. oil production, wouldn’t it be smarter to encourage greater oil production here at home? Senate Energy Committee Chairwoman Lisa Murkowski

thinks so.

Read More

hurricane-preparedness  safe-operations  oil-and-natural-gas  offshore-operations 

Mark Green

Mark Green
Posted May 22, 2018

Hurricane Season 2018 finds our industry, the refinery and pipeline sectors and associated industries prepared to protect energy production facilities and infrastructure that are vital to keeping Americans well supplied, even during severe weather conditions.

That was the message from natural gas and oil and other energy-related sectors during a conference call with reporters. The 2017 hurricanes, Harvey and Irma, confirmed the importance of pre-event training, established emergency protocols, coordinated communications and overall preparation – which our industry and others already are undertaking as June 1, the official start of hurricane season, approaches. API was joined on the call by the Petroleum Marketers Association of America (PMAA), American Fuel and Petrochemical Manufacturers (AFPM), American Gas Association (AGA), Interstate Natural Gas Association of America (INGAA) and the National Ocean Industries Association (NOIA).  

Major weather events test preparations; we and our energy partners are focused on being as prepared as possible for this season. 

Read More