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Energy Tomorrow Blog

Industry, Auto Sector Join Forces on State-of-the-Art Engine Oil – But is There a Movie Deal In It?

api standards program  motor oil  consumers  efficiency 

John Siciliano

John D. Siciliano
Posted December 9, 2019

The recent box office success of 20th Century Fox’s “Ford vs Ferrari” helped moviegoers understand just what it took for the Ford Motor Company to build a world-class supercar and win the 24 Hours of Le Mans race in the 1960s.

But the movie also made me recall the oil industry’s ties to these champions. And the link between Ford and the energy sector when it comes to upping a car’s engine performance and making cars more environmentally sustainable.


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U.S. Leaders Should Empower U.S. Energy Leadership

us energy security  oil and natural gas production  imports  hydraullic fracturing 

Mark Green

Mark Green
Posted November 22, 2019

Our newest video reminds everyone how much the United States has gained from the energy revolution – record-breaking, world-leading production of natural gas and oil – with clips of presidents from both political parties over the years, urgently calling for lower oil imports. They knew America’s national security was tied to increasing the nation’s energy security. …

Presidents since Jimmy Carter in the late 1970s recognized that ever-increasing oil imports meant increasing dependency on others for energy. … That changed with the energy revolution. …

The question, as we’ve posed in recent posts (see here and here), is why anyone would erase these gains by banning hydraulic fracturing, as some candidates for president have advocated. Why would America reject its own natural gas and oil abundance and go back to an era of energy scarcity?



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Natural Gas, Oil and Reinvestment in America

royalties  revenues  oil and natural gas production  interior department 

Mark Green

Mark Green
Posted October 28, 2019

America’s natural gas and oil industry continues to work for Americans – with revenues from production on federal and Native American-owned lands  and offshore areas driving $11.69 billion in federal disbursements back to the states, counties, tribes and reclamation and conservation programs. That’s $2.76 billion more than the previous fiscal year and nearly double the disbursements in FY2016, the Interior Department said.

Recipients included: $2.44 billion to states and counties, $1.76 billion to the reclamation fund, $1.14 billion to Native American tribes and individual mineral owners, $1 billion to the Land and Water Conservation Fund and $4.9 billion to the U.S. treasury.

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But What About New Mexico’s Students?

new mexico  education  oil and natural gas taxes  revenues 

Mark Green

Mark Green
Posted October 16, 2019

Hydraulic fracturing – the technological breakthrough that launched the U.S. energy revolution – has taken a beating during the Democratic presidential derby.

The Washington Post ran a graphic recently, showing that the entire field would ban fracking altogether or restrict it in some capacity. Here’s the portion of the graphic showing the candidates who would ban fracking completely. The group includes some top-tier candidates, U.S. Sens. Elizabeth Warren, Bernie Sanders and Kamala Harris. Sen. Warren tweeted last month that she would ban fracking everywhere, while Sen. Sanders told the Post that safe fracking is a “pure fiction.”

Not fiction are the negative impacts throughout our society that could result from banning hydraulic fracturing: millions of job losses, trillions lost to the economy, significant increases in household spending on energy.

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Oil Exports, Lower Net Imports, Greater Energy Security

crude oil exports  oil imports  us energy security 

Mark Green

Mark Green
Posted October 4, 2019

The latest figures on U.S. crude oil exports show growing U.S. energy leadership, while the continued decline in net oil imports signals strengthened American energy security – with both stemming from the revolution in U.S. production. Charts from the U.S. Energy Information Administration (EIA) help illustrate.

First, EIA reports that U.S. crude oil exports rose to average 2.9 million barrels per day (b/d) in the first half of this year – an increase of 966,000 b/d over the same period in 2018. U.S. crude oil exports set a record in June of 3.2 million b/d, and EIA's graph vividly reflects the sea change in the United States’ oil exporting posture.


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U.S. Production is Protecting Domestic Markets, Consumers

monthly-stats-report  oil and natural gas production  us energy security  consumers 

Dean Foreman

Dean Foreman
Posted September 19, 2019

At a time of energy uncertainty in the world, the U.S. natural gas and oil industry is producing at levels that have helped cushion domestic markets and American consumers against global supply disruptions that once would have put severe pressure on our economy here at home.

Each final month of the quarter marks the simultaneous release of API’s Monthly Statistical Report (MSR) and quarterly Industry Outlook, and this quarter has offered some remarkable milestones and insights – at a critical time for the world.

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U.S. Supply, Global Efforts Cushion Global Oil Markets After Weekend Attack

Oil reserves  saudi arabia  energy prices  fuel supply 

Dean Foreman

Dean Foreman
Posted September 16, 2019

An attack on a Saudi Arabian oil processing facility over the weekend has knocked out a significant part of Saudi production, at least temporarily, shaking oil markets. The precise amount and duration of the outage remains uncertain, and there are still unknowns about the attack that caused it, which in turn has inflated the risk premium on oil prices due to market fears about what may happen next within the region. 

The market’s initial direction is clear, with Brent crude oil up more than $8 per barrel as of 3 p.m. Monday, per Bloomberg. Let’s break down what’s happened in context, recognizing that the U.S. energy revolution has fundamentally added to U.S. and global near-term deliverability of oil, natural gas and natural gas liquids, generally helping stabilize the global market against supply disruptions. 

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U.S. Natural Gas and Oil – Still No. 1

production  oil and natural gas production  Energy Security  eia 

Sam Winstel

Sam Winstel
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.

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U.S. Shale – The ‘Navy’s Fifth Fleet’

Security and Access  Shale Oil  Energy Security 

Sam Winstel

Sam Winstel
Posted July 26, 2019

Historically, tensions in the Strait of Hormuz – like those currently between the U.S. and Iran – would portend serious price impacts for American consumers. But not anymore, thanks to the U.S. energy revolution. As it turns out, America’s strongest defense against crude oil supply disruptions is our homegrown energy offense.

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U.S. Energy Revolution Rolls On

oil and natural gas  lng exports  climate  us energy security 

Mark Green

Mark Green
Posted July 10, 2019

There’s much in the latest government report that signals U.S. global energy leadership is strengthening, mostly thanks to continued robust domestic production.

From record volumes of natural gas and oil to growing exports of liquefied natural gas (LNG), America’s opportunities to bring greater stability to energy markets, assist allies, lead the world in reducing greenhouse gas emissions and benefit consumers here at home have increased.


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