The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

world-gas-conference 

Mark Green

Mark Green
Posted June 26, 2018

“The future begins here.” International Gas Union President David Carroll launched the world’s largest natural gas conference with a simple, yet unmistakable message on the importance of natural gas – an opening punctuated by a pulsating sound track, a live marching band and the Harlem Globetrotters.  

There’s certainly reason for optimism – and a crowning by the princes of basketball entertainment. As the World Gas Conference convenes in Washington, D.C., natural gas is ascendant. It is a coveted fuel for electricity generation, a new staple of U.S. energy exports that’s helping friends and allies abroad, and it’s increased use is the main reason U.S. carbon emissions are at 25-year lows, allowing the United States to lead the world in that area. Natural gas, a number of WGC speakers said on Day 1, is a key to reducing global energy poverty.

It appears natural gas is up to the challenges of today and tomorrow.


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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.

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electric-grid  coal  nuclear  natural-gas 

Jessica  Lutz

Jessica Lutz
Posted June 25, 2018

The notion that failing coal and nuclear plants need to be propped up by Washington continues to be advanced by some in the administration and, of course, members of the industries that would benefit from bailouts – usually by attacking natural gas and its infrastructure. In recent months we’ve rebutted their claims that the nation’s electricity grid is at risk and that natural gas has reliability issues as a fuel for power generation, especially during extremely cold weather. We’ve also pushed back on their assertion that there’s a heightened risk of cyber attack for natural gas infrastructure.

Next up: A flawed report about an impending wave of nuclear plant retirements, apparently to stoke anxiety and build support for the cause.

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pipeline  american-energy  transportation 

Jessica  Lutz

Jessica Lutz
Posted June 22, 2018

Pipelines play a vital role in delivering the energy American families and businesses need every day. The nation's more than 212,000 miles of liquid pipelines and over 300,000 miles of natural gas pipelines are among the safest and most efficient means of moving petroleum products to consumers. And, because most are buried, they are largely unseen.

The natural gas and oil industry recognizes the integral nature of pipeline infrastructure and is committed to advancing pipeline safety to protect communities and the environment.


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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.


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american-petroleum-institute  economics  oil-and-natural-gas-production 

Dean Foreman

Dean Foreman
Posted June 21, 2018

The API Industry Outlook for the second quarter of 2018 is one of the things that’s new at API.  If you follow energy markets, you’ll appreciate an incisive view of the economy at home and abroad as well as markets for crude oil, natural gas and petrochemicals. 

Beyond nice-to-know “macro factors,” here are things to know and understand about trade barriers that could affect economic activity and prices where you work and live.

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anwr  alaska  development 

Jessica  Lutz

Jessica Lutz
Posted June 21, 2018

Last week, we wrote about the many benefits to opening up a small portion of the Arctic National Wildlife Refuge (ANWR) to natural gas and oil development – especially job creation, economic growth and long-term U.S. energy security. But there’s another benefit that warrants attention, and that’s the direct, measured improvements in the lives of Alaskans living in areas where energy development is occurring.

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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.

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alaska  anwr  development  eia34 

Jessica  Lutz

Jessica Lutz
Posted June 15, 2018

We’ve talked at length about the many benefits to opening up a small portion of the Arctic National Wildlife Refuge (ANWR) to natural gas and oil development. There can be little doubt about ANWR’s importance to the United States’ long-term energy security.

The point is underscored in a new report from the U.S. Energy Information Administration (EIA), analyzing the potential impact of natural gas and oil development in the coastal plain of ANWR. The results reiterate what we’ve been saying all along –  ANWR’s energy potential is incredibly large, and is a key part of a long-term U.S. energy vision.

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