Energy Tomorrow Blog
Posted September 10, 2019
With global demand for energy on the rise – expected to increase more than 25% by 2040, according to the International Energy Agency (IEA) – the U.S. natural gas and oil industry is focused on delivering affordable and reliable energy to consumers, while simultaneously shrinking our environmental footprint.
Cleaner-burning natural gas is at the leading edge of climate progress, as the fuel has been largely responsible for reducing U.S. energy-related carbon dioxide emissions to their lowest levels in a generation. Natural gas emits one-half the carbon compared to coal and, as a result, switching from coal to natural gas in electricity generation has saved about 500 million tons of carbon dioxide since 2010, per IEA.
Posted September 9, 2019
One of the things I do often on behalf of API is to speak publicly across the United States, emphasizing how the energy revolution has continued to benefit consumers. On the topic of natural gas and electricity generation, a common thread has emerged: Natural gas has generally led to lower energy-related carbon dioxide emissions and lower electricity prices across the nation.
To those who follow the industry, this may be no surprise given that clean natural gas has supplanted coal as the leading energy source for generating electricity in the U.S. Part of this is natural gas’ competitiveness in the marketplace. Thanks in part to the shale revolution, real natural gas prices at Henry Hub decreased 37% between 2010 and 2018 – and as of August 2019 were down by another 15.6% y/y.
Posted September 5, 2019
The U.S. natural gas and oil industry is laser-focused on tackling the dual challenge of delivering energy for all and protecting our planet, keeping pace with record demand for affordable fuels while reducing emissions every step of the way.
By investing in innovative technologies, developing state-of-the-art standards and supporting smart regulations that reduce methane and other emissions, our industry is improving sustainability, particularly for the production of cleaner-burning natural gas.
Posted August 23, 2019
We like to talk about the ongoing strength of the U.S. shale revolution – and that’s intentional because, like most Americans, we think continued leadership in producing natural gas and oil is a big deal.
This week the U.S. Energy Information Administration (EIA) underscored America’s energy influence, reporting that last year the U.S. led the world in natural gas and oil production, which it has done since 2014.
Posted August 19, 2019
Even with natural gas playing a leading role in reducing U.S. energy-related carbon dioxide emissions to their lowest levels in a generation and strong industry initiative to keep lowering production-related methane emissions, natural gas opponents remain on the attack, including a new study that's critical of natural gas from North American shale (see rebuttals, here and here).
More authoritative and trustworthy is the National Oceanic Atmospheric Administration (NOAA), which issued these methane-related conclusions in a study published earlier this year …
U.S. natural gas has proven environmental and climate benefits, and it’s critically important here at home and around the world, helping to reduce energy poverty and improve peoples’ lives.
Posted August 15, 2019
By now, the advantages of the American energy revolution are familiar. Soaring production in U.S. shale plays is delivering abundant, affordable and clean natural gas, which is increasingly displacing coal in our energy mix. Today, domestic emissions are at their lowest levels in over 25 years, due in no small part to fuel switching and low-cost natural gas.
While these trends have benefited Americans for more than a decade, an equally exciting story is emerging abroad. Growing exports of U.S. liquefied natural gas (LNG) are spreading these economic and environmental advantages to our allies across the globe.
Posted August 8, 2019
Our country needs abundant energy AND climate progress – both of them, continuing to advance together, as they have in the U.S. in recent years. Embracing the dual challenge of making energy abundant and accessible while reducing energy-related emissions is the realistic path to growth and opportunity that can broadly benefit the nation and the lives of individual Americans.
Certainly, our industry is focused on new innovations and technologies that continue to reduce emissions from natural gas and oil production and improve the environmental performance of our operations and facilities. …
The objective is continued progress. High-production areas, including the Permian Basin in Texas and New Mexico and the Bakken in North Dakota and Montana, need additional pipeline infrastructure to take away natural gas when it accompanies oil production. More infrastructure could reduce the amount of flaring – regulated, limited burning of methane – that takes place.
Posted July 24, 2019
An important test of energy leadership is whether elected officials will act to enhance and protect strategic energy interests – a point we made in a post last week about smart, forward-looking policies that foster safe and responsible offshore energy.
A leadership corollary: First, do no harm.
We say that because, in a nation that’s the No. 1 producer of natural gas and oil in the world, leaders shouldn’t be making energy decisions that hurt those they’re supposed to serve. Unfortunately, in New York, there has been quite a bit of pain inflicted on New Yorkers by the Cuomo administration’s energy agenda.
Posted July 22, 2019
Natural gas and oil play a role in virtually all aspects of modern life, powering the products and processes that get us from point A to point B, and serving as building blocks for the materials, products and tools that keep us happier, healthier and more connected than ever before.
Posted July 12, 2019
An interesting read in the Wall Street Journal underscores what we’ve been saying about the nation’s need for more energy infrastructure: Basically, that despite record natural gas production, Americans in some parts of the country aren’t benefiting from it as much as they should. The Journal:
U.S. gas production rose to a record of more than 37 trillion cubic feet last year, up 44% from a decade earlier. Yet the infrastructure needed to move gas around the country hasn’t kept up. … The result, despite natural-gas prices that look low on commodities exchanges, is energy feast and famine.