Energy Tomorrow Blog
Posted October 30, 2020
Natural gas has been the key to lowering U.S. energy-related carbon dioxide emissions, through coal-to-natural gas fuel switching in the power sector – no other nation has reduced them more since 2000. Coupled with the progress of U.S. operators in reducing production-related emissions, it’s unfortunate that the French government recently decided to delay a potential $7 billion deal for U.S. liquefied natural gas (LNG), citing emissions.
The deal between French trading firm Engie and U.S. provider NextDecade for West Texas natural gas (converted to LNG in Brownsville) still might be signed, and let’s hope that happens.
Natural gas has been the critical difference-maker in cutting CO2 emissions in the U.S., lowering them to their lowest levels in a generation. It’s happening globally as well ...
Posted October 19, 2020
There’s an interesting subplot the International Energy Agency’s (IEA) recent report on the technology push that’s needed to reach sustainability targets: the empowering, essential role of natural gas.
It bears repeating: Abundant, affordable natural gas is critical to the growth of renewable energy, supplying reliable fuel for power generation when intermittent sources aren’t available. Natural gas and petroleum are used in the manufacturing of renewable technologies and in the development of potential game-changers such as hydrogen.
Even if the United States alone were to meet the aggressive sustainability goals of the Paris Climate Agreement, natural gas and oil would still make up 46% of the energy mix in 2040. Indeed, IEA expects natural gas demand to rebound by almost 3% in the next year, and oil demand should similarly recover within coming years. In another report, IEA indicates that those who herald oil’s demise are doing so prematurely.
Meanwhile, natural gas provides reliable and affordable energy that we will depend on for the foreseeable future. In fact, natural gas will be essential in helping the world reach its sustainability goals.
Posted October 2, 2020
Growing natural gas use in the U.S. power sector continues to be an important factor in decreasing the country’s energy-related carbon dioxide emissions, a critical greenhouse gas in the climate conversation.
This is seen in the latest U.S. Energy Information Administration (EIA) emissions report, which showed that these CO2 emissions decreased 2.8% in 2019 compared to 2018, largely thanks to changes in the electricity fuel mix.
Coal-related emissions declined 15% last year, reflecting a decline in coal’s share of U.S. power generation (falling from 27% to 23%). Natural gas is the leading fuel for generating electricity, its share of the mix rising to 38.4% in 2019 from 35% in 2018. (Nuclear accounted for 19.6% of generation while 9% was generated by wind and solar). Coal’s downward trend continued and even accelerated through the first two quarters of 2020, while natural gas’ share in the generating mix remained steady despite falling overall power demand.
Posted September 30, 2020
Sifting through what was a rollicking presidential debate Tuesday night, searching for important takeaways … Let’s look at the discussion near the end of the event that focused on climate, energy policy and energy jobs – in which safe and responsible natural gas and oil production here at home is a critical player.
As was accurately noted during the debate, U.S. carbon dioxide emissions from the power sector are at their lowest levels in a generation – primarily because of growing use of natural gas to fuel electricity generation. Natural gas is the leading fuel for U.S. power generation and is projected to continue leading for decades to come.
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.
John D. Siciliano
Posted September 11, 2020
New groundbreaking technologies to keep carbon dioxide out of the atmosphere provide a glimpse of what could very well be the next big breakthrough for the natural gas and oil industry.
New technologies have the power to change the impossible to possible. We’ve long argued that industry’s ability to innovate and develop new technologies – including game-changers such as fracking – are key to our energy future. But such technological breakthroughs have been underestimated in the past, and aren’t always reflected in formal projections that are based on what is currently known and available.
Just imagine a natural gas power plant that emits zero CO2 emissions. The first preliminary tests on just such a power plant were conducted two years ago by a collaboration led by the company Net Power. The tests were so promising that the plant made it into the MIT Technology Review’s list of the top 10 breakthrough technologies.
Posted September 9, 2020
Four questions for proponents of policies that would effectively end new natural gas and oil development on federal lands and waters:
Where will the oil come from that won’t be produced here at home because of such a policy?
Where will nearly 1 million Americans find new work after this policy costs them their jobs?
What will Americans do without because of higher energy costs resulting from the policy?
How will the U.S. continue making environmental progress if increased coal use caused by the policy raises carbon dioxide emissions?
These and other questions are prompted by a new analysis projecting the effects of halting new natural gas and oil on federal lands and waters -- prepared for API by OnLocation with the U.S. Energy Information Administration's National Energy Modeling System, which EIA uses to produce its Annual Energy Outlook.
Posted August 19, 2020
If Democratic policymakers want to ‘build back better’ while also keeping the lights on, they’ll want to support the continued development of America’s vast natural gas and oil resources, which provides reliable, affordable, and cleaner energy.
Democratic leaders like former President Barack Obama – who received a 97% favorability rating in 2018 among self-identified Democrats – and several other keynote speakers at this year’s Democratic National Convention have advocated for U.S. natural gas and oil, with some encouraging its growth to help lower household energy bills, reduce emissions, and create new American jobs.
Posted August 14, 2020
Three reasons EPA’s newly modified rule on methane is good for the environment and U.S. energy – because both are critically important for our nation’s growth and prosperity:
1. Industry will keep reducing emissions while innovating for the future
2. The rule is consistent with the federal Clean Air Act
3. Effective state regulation is recognized
Posted August 13, 2020
The U.S. oil and natural gas industry has long shared the Environmental Protection Agency’s (EPA) goal of reducing emissions from its operations and has consistently and successfully done so while meeting America’s energy needs every day. Specifically, methane is the natural gas we use in our homes and businesses, so operators have a strong incentive to bring it to market.
Methane emissions rates from five of the largest oil and natural gas producing regions across the U.S. – including the Permian and Marcellus basins in Texas, New Mexico, Ohio and Pennsylvania respectively – were down nearly 70% from 2011 to 2018, even as production in those regions increased dramatically. Industry is committed to building on these positive trends through voluntary initiatives like The Environmental Partnership.