Skip to main content

Energy Tomorrow Blog

For Good Reasons, Industry Doesn’t Want Tariffs or Quotas

oil and natural gas  trade  us energy security 

API CEO Mike Sommers

Mike Sommers
Posted March 23, 2020

As the world grapples with the ongoing spread of the coronavirus, the decision by Russia and the OPEC nations to increase energy supplies while demand is dropping has contributed to ongoing market instability and delivered a shock to America’s evolving energy picture.

Since the late 2000s, the U.S. has emerged as the world’s leading producer of natural gas and oil—last month producing at estimated record levels of 13 million barrels of oil and 96.5 billion cubic feet of natural gas to meet consumer demand. Innovative technologies like hydraulic fracturing have enabled producers to reach abundant U.S. shale reserves, and thus changed America’s trajectory from energy scarcity to abundance and from importing energy to exporting it. 

It is not surprising, then, that some global energy players are threatened by American energy leadership and have actively tried to prevent its progress. Russia and other nations’ push to increase global energy supply despite lower demand in the short term is a reaction to America’s new paradigm as a global energy superpower. This is a challenging situation, compounded by the impact of the coronavirus, but interventions like protectionist trade measures are not the answer.

More »

API Reports Capture Market Uncertainties

monthly-stats-report  oil and natural gas production 

Dean Foreman

Dean Foreman
Posted March 19, 2020

As much as any other sector, global energy has felt the impact of the coronavirus (COVID-19) combined with lowering world demand and Russia and Saudi Arabia raising oil supply. We’ve seen crude oil prices cut in half within three months, which if sustained could rank among the most severe oil price downturns on record. Let’s discuss the most significant points for U.S. consumers, industry and the broader economy.

Details may be found in API’s latest Monthly Statistical Report, based on February U.S. petroleum data. Using weekly surveys of 90% of the natural gas and oil industry, we publish monthly data and analysis two months ahead of the U.S. Energy Information Administration (EIA). 


More »

Natural Gas and Oil are Building a Brighter Future for All

colorado  consumers  jobs  oil and natural gas  fracking 

API CEO Mike Sommers

Mike Sommers
Posted March 9, 2020

From recent remarks to a meeting of the Aurora, Colorado, Chamber of Commerce and the Colorado Business Roundtable.

The Aurora Chamber aspires to be a catalyst, convener and champion of the Aurora business community. That caught my attention because at API, we see ourselves in much the same way, especially now, when the State of American Energy is one of leadership. America is the global leader in energy development, carbon emissions reductions and environmental performance.

Our industry is built on the catalysts who meet the world’s ever-growing energy demand, conveners who address the risks of climate change, and champions who promote all the Americans working 10.9 million jobs supported by the natural gas and oil industry.

More »

12.23 Million B/D: Record Oil Production Strengthens U.S.

oil and natural gas production  us energy security  consumers  emission reductions 

Jessica  Lutz

Jessica Lutz
Posted March 6, 2020

It’s been a big week for announcements coming out of the U.S. Energy Information Administration (EIA) and the nation’s natural gas and oil industry.

On Monday, EIA said that annual U.S. oil production broke another big record in 2019, and swiftly followed that with news on Tuesday that U.S. natural gas use has reached new record highs. Both are great news for American energy and national security, the economy and the environment.


More »

SOAE 2020: This is Lansing

economic growth  michigan  state of american energy  oil and natural gas development 

Mark Green

Mark Green
Posted February 11, 2020

Lansing, Michigan, has come a long way since the days of high unemployment and general malaise, when people joked that the last person to leave Michigan should turn out the lights. Today, Lansing is on the rise – one of many communities across the country that have been helped by the empowering nature of abundant U.S. natural gas and oil (see API’s 2020 State of American Energy report).

Lansing is home to new auto manufacturing plants, and the municipal utility, Lansing Board of Water & Light (BWL), is replacing the last of its coal-fired generation facilities with a $500 million natural gas-fueled power plant.

More »

EIA’s Outlook: Natural Gas and Oil Remain Integral to U.S.

eia forecast  economic growth  oil and natural gas production  us energy security 

Mark Green

Mark Green
Posted February 5, 2020

The federal government’s latest energy projections are out, and they portray a U.S. energy future that continues to be driven by natural gas and oil.

It’s a future noteworthy for continued production growth, greater efficiency, the U.S. as a net energy exporter and emissions progress. All are connected in various ways to shale reserves and safe, modern hydraulic fracturing – and at risk if fracking were banned as some have advocated.

Americans understand how far the United States has come in the past decade and a half, thanks to shale and hydraulic fracturing, helping advance the goal voiced by U.S. presidents since Jimmy Carter of seeing this country end its reliance on foreign energy. Indeed, in December the U.S. Energy Information Administration (EIA) confirmed the United States as a net exporter of energy in total for the first time since the 1950s. This is an historic sign of new U.S. global energy leadership, and it shouldn’t be thrown away with foolish policy choices.


More »

SOAE 2020: This is Eau Claire

state of american energy  oil and natural gas development  wisconsin  economic growth 

Mark Green

Mark Green
Posted February 3, 2020

Energy – essential for growth and opportunity – is America’s strong suit, thanks to abundant domestic natural gas and oil. It’s a key driver in the national economy and also local economies, in places like Eau Claire, Wisconsin.

This is Energy Progress, the theme of API’s State of American Energy report. They’re living it in Eau Claire.


More »

America’s Energy Future Can Unite Us All

us energy  oil and natural gas  us energy security  economic growth 

API CEO Mike Sommers

Mike Sommers
Posted January 24, 2020

Remarks delivered Jan. 23 at the U.S. Energy Association’s “State of the Energy Industry” forum.

From President Carter to President Trump, 40-plus years packs in plenty of different ideologies, but all seven leaders shared a common goal: energy security for America. Each of those presidents knew that clean, affordable, and reliable American energy is essential to both economic growth and national security.

For decades, U.S. energy policy has focused on reducing our dependence on foreign natural gas and oil. The outlook was often pessimistic, defined by scarcity rather than surplus. Times have changed, thanks to a U.S. energy revolution that’s full speed ahead.

More »

SOAE 2020: This is Aurora

colorado  economic growth  oil and natural gas development 

Mark Green

Mark Green
Posted January 24, 2020

There might not be a better example of the broad, empowering effects of abundant U.S. natural gas and oil than Aurora, Colorado. The city has emerged from Denver’s shadow on the strength of more than a dozen thriving business sectors – with energy underlying growth. It’s why API’s 2020 State of American Energy report profiled Aurora and six other communities to show how natural gas and oil are fundamental to economic expansion, job creation and rising opportunity across the U.S.  

Kevin Hougen, Aurora Chamber of Commerce president, describes the city as diverse culturally and in industry, which is attracting new people from a range of career paths, from bio-science and healthcare to cybersecurity, aerospace and the military.

More »

SOAE 2020: This is Red Wing

minnesota  american energy  oil and natural gas development 

Sam Winstel

Sam Winstel
Posted January 22, 2020

American energy abundance has been foundational to growth and opportunity across all business sectors – from agriculture and manufacturing, to logistics and banking. The natural gas and oil industry, and its extensive supply chain, supports job creation and consumer savings in U.S. communities like Red Wing, Minnesota.

API’s State of American Energy report spotlighted Southeastern Minnesota, where residents are experiencing the unique benefits of the U.S. energy revolution. 

More »