Energy Tomorrow Blog
Posted January 29, 2020
The U.S. shale revolution keeps rolling, and with it strong support for state and public priorities. Texas and New Mexico each achieved record highs for industry contributions to statewide revenues and royalties, according to new reports from the Texas Oil and Gas Association (TXOGA) and the New Mexico Oil and Gas Association (NMOGA).
In 2019, America’s natural gas and oil industry posted a record-setting year in terms of production and exports. And last fiscal year, energy operators paid billions of dollars in state and local taxes that fund education, infrastructure and healthcare facilities for residents across the southwestern U.S.
Posted October 24, 2018
From prepared remarks at this week at the Lone Star Energy Forum in Houston, hosted by the Texas Oil & Gas Association (TXOGA):
It’s great to be back in Texas. And it’s a privilege to share a stage with some of the most steadfast advocates for U.S. energy leadership starting right here in Texas. TXOGA and API have the same goal, and it’s based on this event’s theme: “Energy Dominance Starts in Texas.” The goal is to make sure that the Energy Dominance that starts in Texas, doesn’t end in Washington, D.C.
Posted May 11, 2018
Protecting the environment is a core industry value. The environment belongs to everyone, and our companies and their employees are committed to producing natural gas and oil as safely as possible. This commitment includes preserving habitat and looking out for wildlife.
In this 2016 post and this post earlier this year, API colleague Kate Wallace detailed how companies have monitored elk populations in Wyoming and polar bears in Alaska, created artificial reefs off the Gulf Coast, developed pollinator gardens and bee sanctuaries and more. Companies also worked across five western states to create conservation areas for the lesser prairie chicken and preserve habitat for the sage-grouse. Our commitment is backed up by action.That’s why we’re optimistic a constructive and comprehensive plan can be crafted to take care of the dunes sagebrush lizard in West Texas and southeastern New Mexico while also maintaining critically important natural gas and oil production in the region – which would be unlikely if a new effort to list the lizard as endangered under federal law succeeds.
Posted September 18, 2017
Much of the energy-related news from hurricane-recovery areas of Texas and Florida continues to be encouraging. Shell said it was restarting its Deer Park refinery in the Houston area that was shut down three weeks ago with the approach of Hurricane Harvey. ExxonMobil said it could start most of the production units at its Beaumont, Texas, refinery later this week. In Florida, Gov. Rick Scott said pre-Hurricane Irma preparations and a concentrated focus on refueling the state’s communities have shown progress.
Posted September 12, 2017
Posted September 7, 2017
The humanitarian effort underway after Hurricane Harvey is showing Americans at their best. Communities across Texas have been battered by storm, with record-setting floods damaging or destroying more than 300,000 homes in the southeast part of the state. In Houston, home to 2.3 million people, the challenges of recovery are proving to be quite unique.
As families in one of the nation’s biggest corporate hubs began the arduous process of rebuilding, many have been able to turn to their employers for assistance. Energy companies have set up stations for employees to pick up emergency supplies, they’ve sent work crews to rip out drywall from flooded homes, and they’ve even provided helicopters to deliver water to families when the city of Beaumont’s water service failed.
Posted September 5, 2017
The thoughts of the nation have been with Texas over the last week as the state grapples with the devastating impacts of Hurricane Harvey. Aiding those in the path of the storm and subsequent flooding remains the top priority, and the efforts of Texans and volunteers from around the country show America at its best. … Celebrities, businesses and even the “Cajun Navy” have given graciously to aid those in need. And natural gas and oil companies are no different. From boots on the ground clearing debris, to donation drives collecting much-needed supplies, to contributions to the Red Cross, here are some highlights of the companies in action.
Posted September 22, 2016
One way to look at oil and natural gas production in Texas – it leads the 50 states in both – is that if Texas were its own country it would rank in the top 10 among the nations of the world in oil and gas output. Texas is its own energy giant.
Posted July 12, 2016
The sound approach to energy regulation in the U.S. – one that provides appropriate oversight to oil and natural gas development without unnecessarily impeding progress – continues to be a major theme at the U.S. Energy Information Administration’s (EIA) annual conference in Washington.
Tesoro President and CEO Gregory J. Goff raised the point with his Day 1 keynote speech, calling for transparency, fairness and accountability in federal regulation:
“Consumers, companies and the economy all benefit when government policies are well-reasoned and balanced. America is blessed with an abundance of affordable, reliable energy. It must not be squandered. Allowing the forces of the free market to operate will continue to benefit society. Government should be a facilitating partner in this positive economic force, not a roadblock to it.”
Posted July 21, 2015
Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Texas. This week started with Maine and the series began with Virginia on June 29. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.
As we can see with Texas, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.