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Energy Tomorrow Blog

‘Powering America Past Impossible’ Primer Launches

power-past-impossible  oil and natural gas  economic growth  emission reductions  consumers 

Dean Foreman

Dean Foreman
Posted November 20, 2018

Follow this link to “Powering Past Impossible,” API’s primer on important natural gas and oil industry issues – spanning global economics and energy, natural gas and oil markets and key factors to sustaining and growing the U.S. energy revolution. Eight important takeaways from the primer follow.

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EPA Should Protect Consumers From Ethanol Mandate

ethanol  renewable fuel standard  consumers  epa 

Mark Green

Mark Green
Posted November 19, 2018

EPA likely will need to take the lead in rescuing U.S. consumers from the potential negative impacts of the federal ethanol mandate, given the shrinking chance that Congress will pass significant reforms to the broken Renewal Fuel Standard (RFS) program.

That’s the view of the natural gas and oil industry, which continues to warn of the possible consumer risks posed by the RFS, which was launched before the shale energy revolution and has been largely made obsolete by surging domestic production.

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Tax Revenues From Offshore Energy Will Benefit States, Studies Find

offshore energy  tax revenues  florida  north carolina  virginia  south carolina  georgia 

Mark Green

Mark Green
Posted November 19, 2018

As we wait for the Trump administration to unveil the next federal offshore leasing program, which will guide offshore natural gas and oil development the next five years, new studies affirm what we’ve been saying about the economic boost outer continental shelf (OCS) leasing could give to coastal states – in the form of cumulative tax revenues over a 20-year forecast period. …

Individually, each state is looking the potential for big numbers and big benefits across the entire state. They follow studies earlier this year finding that through offshore leasing these states together could see billions in projected industry spending and the creation of hundreds of thousands of jobs.


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Energy Infrastructure and Opportunity for Bipartisan Progress

infrastructure  pipelines  congress  energy investments 

Jessica  Lutz

Jessica Lutz
Posted November 16, 2018

With the midterms behind us, we can anticipate the spate of political analysis bemoaning the onset “divided government” with this observation: Expanding and upgrading U.S. energy infrastructure offers a terrific opportunity for substantive, bipartisan action that will benefit the American people.

First, consider that America’s energy resurgence – spurred by technologies and innovations tapping vast natural gas and oil reserves in shale and other tight-rock formations – is growing the economy, strengthening U.S. security and providing consumer benefits. Abundant energy helps everyone – hence the chance for the new Congress to find common ground in bolstering the infrastructure that delivers it.

API President Mike Sommers and Sean McGarvey, president of North America’s Building Trades Unions (NABTU), built on these themes earlier this week in an op-ed in The Hill.

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Correlation Grows Between Financial Markets, Oil Prices

crude markets  crude oil prices  consumers  investments  finance 

Dean Foreman

Dean Foreman
Posted November 15, 2018

Earlier this year we pointed out that a roller coaster of emerging economic factors could affect oil markets and, ultimately, consumers – and we were correct.

Rising interest rates, trade and tariff disputes, near decade-high U.S. dollar appreciation and potential financial market uncertainties have become pronounced over the past few months, affecting global crude oil markets and producing the strongest correlation between financial markets and oil prices in years

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EPA's Missed Opportunity with Proposed OOOOa Amendments

emission reductions  methane  production  standards  epa 

Jessica  Lutz

Jessica Lutz
Posted November 14, 2018

The good news is that EPA’s proposed amendments to the 2016 New Source Performance Standards (NSPS) OOOOa rule will continue the rule’s ability to effectively reduce volatile organic compound and methane emissions from all emission sources addressed in the previous administration’s rule. Methane is the primary component of natural gas – a key product for industry. Producers are incentivized to bring that product to consumers, making its capture a top priority from a business standpoint, in addition to the environmental considerations. Unfortunately, the proposed rule includes several missed opportunities, and could ultimately stifle innovative new technologies in emissions detection and increase the cost of energy for Americans.

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Colorado's Vote For Colorado Energy

colorado  vote  economic growth  oil and natural gas 

Mark Green

Mark Green
Posted November 8, 2018

A big shout-out to Colorado’s voters for decisively rejecting a measure that could have significantly stifled new natural gas and oil production in their state – showing that they value energy’s importance to their economy, schools and public services.

Coloradans clearly support responsible development, and Tuesday’s vote signals that going forward, natural gas and oil’s value to Colorado is to be acknowledged as everyone works together to advance energy growth and public health. 

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Shell Partner Receives FAA Approval for Drones Beyond Visual Line of Sight

technology  technology innovation  permian basin 

Emily Smith

Emily Smith
Posted November 6, 2018

The natural gas and oil industry’s use of drones to inspect facilities and operations is getting a boost from the Federal Aviation Administration (FAA).

Shell’s partner Avitas Systems received an FAA waiver to fly drones for civil use beyond visual line of sight (BVLOS) with the assistance of a radar in Loving County, Texas (USA). Typically, drones operated beyond line of sight require a spotter. It’s the first waiver of its kind from the FAA, and it could significantly increase the reach of aerial monitoring to inspect facilities and operations in expansive and often remote areas.

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Vote Tests Future of Responsible Energy Development in Colorado

colorado  oil and natural gas  regulation  safe operations 

Mark Green

Mark Green
Posted November 1, 2018

As Coloradans prepare to vote on an anti-energy measure that could severely damage state natural gas and oil production and stagger the state’s economy, it’s no exaggeration to say the whole nation is watching.

Consider: Proposition 112 would make 85 percent of non-federal land in Colorado – the United States’ sixth-leading natural gas and oil producer – off limits for new energy production by increasing required setbacks or buffer zones around certain “occupied structures” and “vulnerable areas” by 400 percent over the existing requirement.


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Report Highlights Industry’s Leadership in Protecting Infrastructure from Cyberattacks

cybersecurity  security  natural gas  pipelines  infrastructure 

Jessica  Lutz

Jessica Lutz
Posted October 31, 2018

A new report illustrates just how prepared natural gas and oil companies are when it comes to defending themselves and American energy consumers against malicious cyber threats – a fundamental component of the industry’s resiliency and something we’ve demonstrated time and again


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