Skip to main content

Energy Tomorrow Blog

Offshore Energy Funds Conservation, Strengthens U.S. Economy

offshore energy  revenues  conservation  economic growth 

API CEO Mike Sommers

Mike Sommers
Posted November 7, 2019

Safe and responsible energy development drives economic growth and environmental progress, and by expanding exploration on federal lands and along the Outer Continental Shelf, the U.S. stands to generate billions of dollars in funding for infrastructure, education and conservation.

More »

USMCA Approval Essential to Economic Progress, Energy Security

trade  economic growth  consumers  canada  mexico 

API CEO Mike Sommers

Mike Sommers
Posted October 23, 2019

Given bipartisan consensus on the importance of trade to America and our allies, finalization and approval of the U.S.-Mexico-Canada Agreement (USMCA) in Congress is long overdue. Because North American markets are highly interdependent, maintaining the tariff-free, intracontinental flow of natural gas, oil and refined products will help ensure that American families have continued access to affordable and reliable energy, and to our export markets in Canada and Mexico.

When it comes to the U.S. economy, the advantages of the USMCA are clear. Trade with Canada and Mexico supports 12 million American jobs across every state, according to the Business Roundtable, and totaled nearly $1.3 trillion in 2017. A U.S. International Trade Commission report estimates that approving USMCA could raise real GDP by $68.2 billion and create 176,000 jobs, relative to a baseline, six years after the trade deal enters into force.

More »

Industry Leadership, Smart Regulations Key to Emissions Reduction

natural gas  emission reductions  climate  regulation 

API CEO Mike Sommers

Mike Sommers
Posted September 5, 2019

The U.S. natural gas and oil industry is laser-focused on tackling the dual challenge of delivering energy for all and protecting our planet, keeping pace with record demand for affordable fuels while reducing emissions every step of the way. 

By investing in innovative technologies, developing state-of-the-art standards and supporting smart regulations that reduce methane and other emissions, our industry is improving sustainability, particularly for the production of cleaner-burning natural gas.

More »

Trade Restrictions Threaten U.S. Competitiveness, Energy Leadership

energy exports  trade  china 

API CEO Mike Sommers

Mike Sommers
Posted August 21, 2019

U.S. crude oil exports are reaching a record 31 countries, and exports of U.S. liquefied natural gas (LNG) are set to jump a projected 63 percent this year – boosting American jobs and adding stability to global markets.

But the ongoing trade war puts growing markets for U.S. energy exports at risk.

More »

Environmental Partnership: Paving the Way for Continuous Progress

the-environmental-partnership  emission reductions  methane  climate 

API CEO Mike Sommers

Mike Sommers
Posted July 30, 2019

We’re proud of the work of The Environmental Partnership – an industry-led initiative launched in 2017 that is leading the way to further reduce methane emissions from energy operations.

With 65 members to date, The Partnership serves as a model for industry leadership on shared environmental goals and creating pathways for new technologies and techniques – like optical gas imaging cameras, drones and other devices – to drive down emissions, while providing the energy vital to every American family and business.

More »

U.S. LNG Exports Deliver Economic, Environmental Benefits

lng exports  trade  emission reductions  china 

API CEO Mike Sommers

Mike Sommers
Posted July 11, 2019

Exports of U.S. liquefied natural gas (LNG) are set to jump a projected 72 percent this year compared to 2018, and the emergence of the U.S. as one of the world’s largest LNG suppliers is good news for the American economy. Research shows LNG exports could generate up to 452,000 U.S. jobs, and add up to $74 billion annually to U.S. GDP, by 2035.

The environmental benefits are no less significant.

More »

Addressing the Risks of Climate Change

climate change  natural gas  renewables  electricity  co2 

API CEO Mike Sommers

Mike Sommers
Posted June 27, 2019

As we head into the second night of debate among contenders for the Democratic nomination, and another opportunity to hear how the candidates plan to address the risks of climate change, let’s take a moment to remember that the U.S. natural gas and oil industry is already developing energy solutions to help address the issue while ensuring that American families have access to the reliable and affordable energy they depend on.

No discussion about the need to reduce carbon emissions is complete without acknowledging the key role that natural gas has played and will continue to play going forward. America is leading the world in reducing carbon emissions largely because of clean natural gas. 

More »

Overcoming the Hurdles of Tariffs

trade  consumers  energy  economic impacts 

API CEO Mike Sommers

Mike Sommers
Posted June 13, 2019

The administration’s back-and-forth trade policies and near-constant threat of tariffs have left many American businesses and consumers uneasy.

We received some good news last week as President Trump ultimately decided against imposing a new 5 percent tariff on all imported goods from Mexico. But while trade with Mexico might be on even ground for now, the already tense U.S.-China trade relations have shown no sign of letting up. Now, the Administration has threatened a fourth round (subscription publication) of tariffs on Chinese imports, this time on List 4 goods, if a trade deal with China is not reached at the G20 summit later this month.

Let’s take a moment to remember that U.S. consumers are the ones hurt by tariffs, which are a tax on goods that millions of U.S. families and businesses use every day. 

More »

Unleash Alaskan Energy

alaska  arctic  access 

API CEO Mike Sommers

Mike Sommers
Posted June 10, 2019

From the Permian Basin in Texas and New Mexico to Alaska’s Prudhoe Bay, the U.S. has not just the resources but an industry with the technology and skill to develop them safely.

Take for example the North Slope of Alaska, an area poised to re-emerge as a “super basin” following discoveries like Willow, Pikka and Liberty. The resurgence has been great news for the Trans-Alaska Pipeline System, or TAPS — backbone of Alaska energy and critical pillar of U.S. energy security. TAPS throughput is ticking up, and new finds in National Petroleum Reserve Alaska, or NPR-A, could singlehandedly increase its volume by 18 percent. ...

On so many levels, U.S. energy security, and our national security, is tied to keeping Alaska energy strong.


More »

Innovation Drives U.S. Leadership on Climate, Energy Priorities

API CEO Mike Sommers

Mike Sommers
Posted April 19, 2019

New polling from the U.S. Chamber of Commerce finds that 79 percent of voters agree that the best way to address climate change is through investments in innovation and technology:.

U.S. success in reducing greenhouse gas emissions shows they’re right.

Thanks to technological breakthroughs, America leads the world not only in production of natural gas and oil but in reduction of greenhouse gas emissions. And no other country comes close. Greater use of clean natural gas has driven U.S. carbon emissions to their lowest levels in a generation.

More »