Posted July 26, 2017
Nationally, the average price of a gallon of gasoline the third week of July was $2.392 – about 42 percent lower than the national average price at the same time in 2008, according to the U.S. Energy Information Administration. Retail gasoline prices haven’t been “sticky,” as Sen. Charles Schumer said on ABC’s “This Week,” suggesting that some sort of anti-Adam Smith force has kept them from decreasing. Yet, as we can see, they have decreased significantly over a time period that coincides with accelerated U.S. crude oil production (thanks, fracking).
Posted July 24, 2017
Posted June 28, 2017
Posted June 13, 2017
Posted May 10, 2017
Ohio lawmakers are discussing a proposal to establish zero-emission credits for nuclear plants, giving them an advantage against other energy sources. Instead of government picking winners and losers, the marketplace should determine an energy source’s viability – based on affordability, efficiency and other factors – letting the market work for consumers.
Posted May 9, 2017
Access and infrastructure expansion – both key to extending the benefits of America’s energy renaissance to more Americans – are getting helpful attention from state utilities regulators. The National Association of Regulatory Utility Commissioners (NARUC) last month set up a task force to develop best practices and recommendations on natural gas service for underserved and unserved parts of the country – which includes the need for pipelines and other supporting infrastructure.
Posted April 24, 2017
The North American energy flows continue to grow and the U.S. is building even stronger energy ties with its closest neighbors – Canada and Mexico. This week, API met with the Canadian Association of Petroleum Producers (CAPP) and the Mexican Association of Hydrocarbon Companies (AMEXHI) to discuss priorities and policies that would foster this North American energy alliance.
Posted April 18, 2017
Recent developments represent a significant shift of Washington’s approach to the new reality brought by America’s energy renaissance. All signal a new embrace of safe and responsible domestic oil and natural gas development. All inherently acknowledge that growing U.S. oil and gas production can continue benefiting American consumers, businesses and manufacturers with affordable, reliable energy that supports economic growth and strengthens U.S. security – while playing the major role in U.S. carbon dioxide emissions from electricity generation fall to their lowest levels in nearly 30 years.
Posted April 17, 2017
Every day Americans head off to work or play, use a cellphone or countless other consumer products made from petroleum, they should thank a refiner. U.S. refineries are the essential link between America’s ongoing renaissance in energy production and the actual benefits Americans enjoy from that production.
Posted April 11, 2017
A couple of months ago we had this post on Connecticut legislation that would subsidize nuclear power generation by guaranteeing markets for a state nuclear plant. We called it a bad idea and argued that the marketplace and consumers should determine an energy source’s viability based on affordability, efficiency and other factors, not government favoring one source over others. That argument still applies in Connecticut, where the subsidy bill remains before the legislature, and also Ohio, which is considering a nuclear subsidy of its own.