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Energy Tomorrow Blog

Affordable and Reliable Offshore Energy is a Benefit to Floridians

access  economic benefits  exploration  offshore development  florida 

Jessica  Lutz

Jessica Lutz
Posted August 15, 2018

Increased access to America’s offshore natural gas and oil would bring far-reaching benefits to coastal states, and the entire country. This is precisely why the diverse, bipartisan “Explore Offshorecoalition gathered today in Florida: because the strategic interests of Florida and our nation are tied to responsible development of offshore natural gas and oil..

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Think: U.S. Oil, Increased Access to Boost Global Supply

crude oil production  access  us energy security 

Mark Green

Mark Green
Posted July 20, 2018

Big news in the latest API Monthly Statistical Report: U.S. crude oil production rose to an all-time record of 10.7 million barrels per day (mbd) in June – the largest monthly output, ever. According to the MSR, June domestic crude production increased more than 100,000 barrels per day over May, and the total was 1.6 million barrels per day more than June a year ago. But let’s go back to that top-line number – 10.7 million barrels per day – and comprehend what it means:

Economic growth and jobs – but also our country’s energy security, supporting the promise of present and future prosperity and opportunity. That’s the gift of the American energy renaissance that, well, keeps on giving.

All of the above support an argument that – to ensure an adequate global supply of crude oil upon which the U.S. and global economies rely – we should look to sustain and grow domestic natural gas and oil production. 

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Energy and Military Compatibility in the Eastern Gulf

access  eastern gulf of mexico  offshore energy  security  military 

Mark Green

Mark Green
Posted May 16, 2018

For some time we’ve stressed that offshore oil and natural gas production is compatible with a variety of other ocean uses such as fishing and tourism – and most significantly, with the U.S. military’s need for open-water areas to conduct training exercises, advanced weapons testing and the like. Industry has a long track record of developing offshore energy in a manner that successfully coexists with the military’s needs in the Gulf of Mexico and other areas.

The same would be true in the Eastern Gulf of Mexico if a moratorium on offshore development there, in place since 2006, is allowed to expire in 2022 – creating access to key new areas for safe exploration and development of strategically important oil and natural gas. A new analysis by the Defense Department agrees

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Global Energy Market Trends and the Role of U.S. Policies

crude oil prices  global markets  gasoline prices  oil production  access 

Dean Foreman

Dean Foreman
Posted May 10, 2018

The facts that crude oil prices are up 9 percent since the end of March and that crude oil currently accounts for 57 percent of the consumer’s price for gasolinemean that consumers have felt the impact at the pump of relatively large and sudden changes. As domestic crude oil prices recently increased above $70 per barrel for the first time since November 2014, let’s revisit current oil market fundamentals and other factors that have elevated prices. 

By understanding the drivers of prices, American consumers may be more aware of how U.S. policy outcomes – such as more domestic natural gas and oil production, a strong U.S. dollar, low price inflation, avoidance of tariffs, quotas and other protectionist measures that undermine free trade, and peaceful international relations – could help put downward pressure on crude prices that ultimately benefits consumers.

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Gulf Lease Sale Good, But We Need to Explore New Areas

offshore leasing plan  gulf of mexico  us energy security  economic benefits  access 

Mark Green

Mark Green
Posted May 2, 2018

The most recent federal Gulf of Mexico oil and natural gas lease sale was described in some media reports as “disappointing,” “modest” and “tepid.” But there’s another, more positive way to look at it.

First, every offshore lease sale the federal government holds is welcome by industry, because each represents new opportunity for the market to work as it should – with companies making investment decisions based on the potential for significant natural gas and oil production.

A more important point underscored with the Gulf sale is one we’ve been making for some time – that the federal government needs to make available new offshore areas for study, research, exploration and development.


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Keep U.S. Energy Gains Going

state of the union  oil and natural gas  us energy security  economic growth  regulation  trade  access 

Mark Green

Mark Green
Posted January 29, 2018

Looking ahead to Tuesday night’s State of the Union Address, let’s hope the speech helps Washington focus on accelerating gains made by U.S. energy over the past several months. America’s natural gas and oil renaissance has boosted the economy and Americans’ individual prosperity while strengthening our country’s security and making significant environmental strides. Time to double down on that progress.

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Yes, Industry Supports Increased Offshore Access

offshore energy  access  us energy security  technology  safe operations 

Mark Green

Mark Green
Posted January 25, 2018

Opening new access to federal natural gas and oil reserves – offshore and onshore – is vital to growing America’s energy renaissance. Yet, every now and then some suggest our industry isn’t interested in exploring and developing new areas, particularly offshore. They just haven’t been listening. The fact is natural gas and oil companies strongly support increased access to offshore reserves and are saying so publicly – offering a number of strong reasons the federal government should create a robust offshore leasing program for the 2019-2024 timeframe.

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3 Good Reasons to Open ANWR for Safe Development

anwr  alaska  us energy security  oil and natural gas  access 

Mark Green

Mark Green
Posted November 1, 2017

Key points about the Arctic National Wildlife Refuge (ANWR), as debate over whether to open a portion of ANWR to oil and natural gas development begins a new chapter with an important U.S. Senate hearing on Thursday: ANWR’s energy potential is large – Alaska large; ANWR can be safely developed; and ANWR is part of a long-term U.S. energy vision.

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Seismic Needed for Informed Atlantic Offshore Discussion

offshore energy  offshore access  department of defense  atlantic ocs  leasing plan 

Mark Green

Mark Green
Posted November 1, 2017

A sensible, safe and forward-looking offshore energy strategy – one that acknowledges that keeping 94 percent of federal offshore acreage off limits to responsible development risks U.S. energy security – underscores the need for reliable scientific data to establish the size and location of offshore oil and natural gas reserves, through safe seismic testing. Every other discussion about where offshore development may occur in the years ahead is premature until the resource base is known. In this context, a recent claim that U.S. military priorities and offshore energy development in the Atlantic Ocean are mostly incompatible is just plain silly.

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Bill Would Help Strengthen U.S. Energy Infrastructure

natural gas pipelines  environmental review  consumers  natural gas benefits  natural gas access 

Mark Green

Mark Green
Posted September 21, 2017

For a number of months we’ve been talking about the need for more efficient and predictable federal processes for the permitting of energy infrastructure – including new natural gas pipelines and added capacity. New, bipartisan legislation introduced this week in the U.S. Senate is latest move in that direction.

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