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Energy Tomorrow Blog

Infrastructure Pivotal for Vital U.S.-Canada Energy Relationship

canada  heavy oil  refineries  pipelines  keystone xl 

Mark Green

Mark Green
Posted May 5, 2021

The United States’ energy relationship with Canada is vital to our economy (as well as Canada’s) and energy security – which makes the administration’s Day 1 cancellation of the Keystone XL pipeline and its omission of pipelines in its new infrastructure initiative look short-sighted.

A new U.S. Energy Information Administration (EIA) brief on U.S. crude oil imports underscores the importance of imported Canadian crude oil – in reducing U.S. reliance on imports from other suppliers and in filling the needs of U.S. refineries that are configured to process heavier crudes, including those from Western Canada.

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World Bank: U.S. Leads in Global Flaring Reduction

methane  Environment  federal leases  emission reductions 

Mark Green

Mark Green
Posted May 3, 2021

The World Bank is out with its annual Global Gas Flaring Tracker Report, and there’s positive news on U.S. flaring from natural gas and oil production – underscoring industry’s commitment to reduce emissions while continuing to supply the affordable, reliable energy Americans use every day.

The report showed a 32% decrease in U.S. flaring from 2019-2020. This included decreased flaring in three key shale regions – the Permian, Bakken and Eagle Ford. Lower production last year associated with the pandemic was a factor, but the report also notes infrastructure improvements to capture and use gas that in the past would have been flared. 

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Using CCUS and Other Technologies to Reduce GHG Emissions

ccs technology  emission reductions  climate 

Mark Green

Mark Green
Posted April 22, 2021

As the White House hosts the Leaders Summit on Climate, it’s important to reiterate the natural gas and oil industry’s commitment to address the climate challenge while also supplying the affordable, reliable energy our country counts on every day. Industry’s goal is to engage with President Biden and Congress on those parallel priorities.

Meeting the climate/energy challenge is at the heart of API’s Climate Action Framework – with an emphasis on “action.” Americans, as seen in new polling, expect our nation to tackle both in a workable, common-sense manner, and the framework details just such a plan of action – from endorsing a government price on carbon to carbon capture, utilization and storage (CCUS), methane regulation and more.

Key in the Climate Action Framework is accelerating technologies and innovation, such as CCUS, to support global leaders’ goal of meeting the world’s growing need for energy while also advancing a lower-carbon future. 

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Poll: U.S. Voters Recognize Future Role of Natural Gas and Oil

oil and natural gas  poll  us energy security  climate  economic growth 

Mark Green

Mark Green
Posted April 21, 2021

Soon after the 2020 election we noted that results showed U.S. voters are mostly moderate and practical and want sensible solutions to key issues facing the nation, which Democratic pollster Mark Penn wrote is driven by common sense over ideology. Americans’ views on energy certainly fit that construct.

New polling by Morning Consult on behalf of API underscores the point and provides important context for Washington policymakers as they debate the twin issues of energy and climate. 

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U.S. Continues to Lower GHG Emissions – EPA Report

epa  ghg emission reduction  natural gas 

Mark Green

Mark Green
Posted April 15, 2021

EPA’s latest greenhouse gas (GHG) emissions report shows continued progress in lowering U.S. emissions. A good deal of this progress can be attributed to increased use of domestic natural gas. Some key numbers stand out:

Total GHG emissions fell 1.7% from 2018 to 2019 and have decreased 11.6% since 2005; emissions from the electric power sector 12.1% since 1990 and 33% since 2005; methane emissions from natural gas systems have decreased 4% since 2005 – even as marketed natural gas production over the same period increased more than 90%; emissions from abandoned oil and natural gas wells have fallen 2.9% since 1990, 8% since 2005 and 9.5% since 2018 – reflecting reductions in the official estimate of unplugged, abandoned wells.

EPA gives significant credit for the 1.7% emissions decrease noted above to growing use of cleaner natural gas.

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Providing Leadership on Climate Reporting

climate  ESG  Environment  ghg emission reduction 

Mark Green

Mark Green
Posted April 14, 2021

Timely, accurate reporting of greenhouse gas (GHG) emissions – by our industry and all emitting sectors of the economy – is critically important for our country’s efforts to address the risks of climate change. That’s why enhancing the consistency and comparability of our industry’s GHG reporting is one of the main elements of the Climate Framework action plan API unveiled last month.

As the U.S. Securities and Exchange Commission (SEC) increases its focus on climate and ESG (environmental, social, governance) reporting, let’s just say that the natural gas and oil industry is on it. Not only do we see the value of reporting to stakeholders and the importance of accurate, transparent GHG reporting in developing sound, we want to drive it.

Indeed, industry is well-positioned to be a reporting leader; we’re not newcomers to it. 

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Our Essential Energy Relationship With Canada Underscored by New Study

canada  trade  us energy security  consumers 

Mark Green

Mark Green
Posted April 8, 2021

When President Biden killed the Keystone XL pipeline in January, it was more than just canceling an important piece of energy infrastructure. It was a setback for the U.S.-Canada energy and trade relationship that has benefited both countries economically and in terms of their security in the world.

A new ICF study assessing U.S.-Canada cross-border petroleum trade finds that there is growing integration of North American energy markets, which in turn leads to lower costs for consumers and increased energy security for both countries. Frank Macchiarola, API senior vice president of Policy, Economics and Regulatory Affairs, talked about the study’s findings during a virtual conference hosted by the Canadian Association of Petroleum Producers.

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'A Turning Point in the National Climate Debate'

climate  api  emission reductions  carbon capture  technology 

Mark Green

Mark Green
Posted March 31, 2021

API’s new Climate Framework touched off predictable reaction from certain circles – ranging from groups that oppose industry’s very existence to others focused on a single aspect of the framework, carbon pricing.

Frankly, API’s action plan speaks to the vast majority of Americans who support commonsense approaches for lowering greenhouse gas emissions and further improving environmental protections – while also providing the energy from natural gas and oil that our country needs to grow and prosper.

Through the Climate Framework our industry is offering substantive leadership on the climate/energy challenge, with the overarching goal of meaningful progress.

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Positioned for Climate Action

climate change  carbon capture  emission reductions  methane emissions 

Mark Green

Mark Green
Posted March 25, 2021

API’s new Climate Action Framework is much more than a list of policies and actions to address the risks of climate change. It’s a values statement, the natural gas and oil industry’s commitment to lead on the twin necessities of cleaner energy and lower greenhouse gas emissions.

We can achieve both. The natural gas and oil industry details in this framework an action plan to get it done, working together with government and other stakeholders. As the plan states in its opening sentences, it’s the opportunity of our time.

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New Mexico's Leasing Concerns Should Concern Us All

new mexico  federal leases  jobs  us energy security 

Mark Green

Mark Green
Posted March 18, 2021

It’s not surprising that New Mexico’s governor, both U.S. senators and other elected officials are concerned with the Biden administration’s halt in new federal natural gas and oil leasing. In 2020, New Mexico was the nation’s No. 3 crude oil producer and No. 8 natural gas producer, and the administration’s policy could affect billions of dollars in state revenues and thousands of jobs.

Gov. Michelle Lujan Grisham, a Democrat, penned a letter to President Biden earlier this week cautioning that potential lost revenues as a result of the policy could mean significant hardship for her state. New Mexico receives more than 40% of its total revenue – nearly $4 billion annually – from taxes and royalties paid by the natural gas and oil industry. 

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