Energy Tomorrow Blog
Posted June 25, 2021
America’s natural gas and oil industry is committed to delivering access to affordable, reliable energy to power modern life and empower emerging economies around the world. At the same time, API supports the ambitions of the Paris climate agreement – our member companies are building a lower-carbon future with cleaner energy options for businesses and consumers.
Over the past decade, our abundant natural gas resources have contributed to meaningful emissions reductions in the U.S. power sector, which has been the primary source of demand growth for the fuel. The availability of low-cost natural gas – and our growing capacity to export liquefied natural gas (LNG) – presents the unique opportunity for America to help nations around the world achieve ambitious Nationally Determined Contributions (NDCs) and carbon-neutral commitments by reducing greenhouse gas emissions while also supporting economic development.
Posted April 29, 2021
With President Biden committing the U.S. to a more than 50% reduction in economy-wide greenhouse gas emissions by 2030 – nearly double the previous national target – some policy experts say America will need natural gas and a modern pipeline network to reach the goal.Columbia University’s Center on Global Energy Policy recently published an energy infrastructure report – “Investing in the U.S Natural Gas Pipeline System to Support Net-Zero Targets” – underscoring the importance of natural gas in achieving meaningful environmental progress.
Posted February 12, 2021
America’s natural gas and oil industry is a reliable foundation for our country’s economic recovery and resurgence, as well as a key factor in helping the nation reach climate and environmental goals. In that context, it’s encouraging to hear President Biden’s nominee to lead the U.S. Department of Energy – former Michigan Gov. Jennifer Granholm – express support for U.S. natural gas leadership and the opportunity to reduce global greenhouse gas emissions through liquefied natural gas (LNG) exports.
The industry is committed to working with the Biden administration toward workable climate solutions, and natural gas-fueled power generation is key to a cleaner energy mix, at home and abroad.
Posted February 11, 2021
In the public debate over natural gas and oil pipelines, it’s often underappreciated how much infrastructure projects boost local economies and support “induced” jobs – those based on the spending of industry workers and associated suppliers and contractors. Losing these benefits is felt by all kinds of businesses and service sectors along the route of the canceled Keystone XL pipeline.
The industry shares President Biden’s goal of getting Americans back to work, and the U.S. can accelerate job creation by addressing the nation’s critical need for more energy infrastructure. Unfortunately, the decision to halt Keystone XL construction undermines the “Build Back Better” plan and hurts small communities and their residents.
Posted February 3, 2021
Young professionals in the natural gas and oil industry know how far the sector has come over the past few decades, in terms of energy expansion and environmental protection, and they see the endless possibilities for continued progress. These industry employees are confident that America’s energy future will be built on affordable, reliable and ever-cleaner fuels, and they hope to make lasting contributions in their communities.
The views of industry Millennials were highlighted at last month’s State of American Energy event, which featured a roundtable conversation with them. The seven young professionals are employed at companies representing a cross-section of the natural gas and oil industry, and their insights reflect the sector’s ongoing progress and the optimistic vision for a cost-effective, sustainable energy future.
Posted November 6, 2020
The natural gas and oil industry has advanced sector-wide guidance for sustainability reporting for over fifteen years, reinforcing its longstanding commitment to energy and environmental progress.
Earlier this year, three international natural gas and oil industry associations – API, IPIECA and IOGP – released an updated version of the “Sustainability Reporting Guidance for the Oil and Gas Industry,” which provides a common framework for assessing environmental, social and governance (ESG) issues.
In September, IPIECA released the results of its annual reporting survey, identifying widely used performance indicators and emerging trends. The findings, which include answers from 27 of the world’s largest energy companies, highlight the progress of industry leaders and partner organizations.
Posted October 21, 2020
As API’s members focus on meeting some of America’s greatest challenges, it’s clear our workers – the men and women of natural gas and oil – are our industry’s most valuable assets. For the future, this industry must continue to attract the best and brightest minds – while building a diverse, inclusive and resilient workforce that will bring energy to America for decades to come.
Over the summer, API President and CEO Mike Sommers wrote to colleagues underscoring the strength in this industry’s diversity, and initiating a conversation among natural gas and oil operators about actions to address disparities in the energy workforce and in American communities more broadly.
This month, Sommers joined Dr. Benjamin Chavis, president and CEO of the National Newspaper Publishers Association (NNPA) and a pioneering civil rights leader, to continue this conversation with a one-on-one interview entitled, “Opportunities in the Energy Industry.”
Posted September 21, 2020
America’s natural gas and oil industry is committed to reducing the risks of climate change by producing ever-cleaner fuels and continuously improving environmental performance. As a nation, we’ve made significant progress over the years, with national greenhouse gas emissions down 10% since 2005.
Tackling the challenge of climate change will require a collaborative, cross-sector effort, and API is prepared – with climate policy principles – to constructively engage to identify workable policy solutions that deliver economic and environmental progress.
This Climate Week, let’s recognize the ongoing role that energy operators will continue to play in safely developing resources in the U.S. and decreasing greenhouse gas emissions worldwide.
Posted August 31, 2020
Liquefied natural gas (LNG) is redefining the world’s modern energy mix. Even as the coronavirus and government responses to the pandemic have cut into natural gas demand, analysts project a progressive recovery and long-term growth for U.S. LNG – particularly in emerging markets – due to its enduring economic competitiveness and environmental benefits.
In South Asia, the affordability of American LNG is expected to increase consumption, displacing demand for coal, as countries such as India and Bangladesh seek out reliable, lower-carbon energy resources.
Posted August 11, 2020
On National 811 Day, we’re reminding DIYers to dial before you dig!
After several months of coronavirus-imposed quarantine, Americans are mastering the art of stay-at-home. With all those extra hours of downtime, people confined to their houses and apartments are cooking, crafting, exercising and, apparently, remodeling.
This spring, sales surged for home improvement equipment and materials at retailers like Lowe’s and Home Depot, and recent polling from Bank of America shows that more than 70% of Americans have decided to tackle a DIY renovation project during the pandemic.