Skip to main content

Energy Tomorrow Blog

Safe Offshore Development is Essential to U.S. Security and Economy

offshore development  safe operations  us energy security  bsee 

John Siciliano

John D. Siciliano
Posted April 2, 2021

Not as noticed in the Biden administration’s halt in new federal natural gas and oil leasing is the possible impact on U.S. offshore production. If the pause were to become a permanent leasing and development ban, nearly 15% of total U.S. oil production could be affected – with significant potential consequences for our country’s energy security and economic growth.

Offshore development not only is critical for our country’s future, it’s safer than ever – underscored by a report issued late last year by the U.S. Bureau of Safety and Environmental Enforcement (BSEE). 

More »

Consumer Spending and Investment Could Kickstart New Economic Growth

economic growth  oil and natural gas development  global demand  consumers 

Dean Foreman

Dean Foreman
Posted December 1, 2020

The year has brought extreme and at times contradictory information about the economy and our industry, making it increasingly difficult to determine whether the economic recovery has gained firm footing and ultimately traction, in which natural gas and oil will play a key role.

Importantly, we currently see well-grounded pillars for expected U.S. and global economic growth over the next two years – personal consumption expenditures and investment that generally represent the majority of GDP. These could kickstart new economic growth and prosperity that will not only require but fundamentally be enabled by oil and natural gas.

More »

Energy Policy in the New Administration

federal leases  offshore development  regulation  infrastructure  president 

Mark Green

Mark Green
Posted November 13, 2020

Some initial thoughts on energy policy as we look ahead to a new administration and Congress.

First, as API President and CEO Mike Sommers said over the weekend, natural gas and oil will continue to play an important role in the United States’ continued economic recovery – recognizing that, as the leading energy sources for the U.S. economy, the two are essential for growth. ...

Our country needs Washington focused on economic recovery and forward-thinking about energy and climate change, factoring in how much energy will be needed when the U.S. and global economies ramp up (see API Chief Economist Dean Foreman’s post, here), while building on reductions in emissions to date and fostering innovation that will enable a safe, secure and cleaner future. To that point, our industry supports continued development and wider deployment of carbon capture, utilization and storage as a tool to further reduce emissions, which the president-elect also supports.

More »

Banning Energy Development Would Devastate Louisiana

lousiana  economic growth  federal leases  offshore development 

Mark Green

Mark Green
Posted October 16, 2020

We’ve discussed the significant national impacts of policies touted by some (see here and here) that would effectively stop new natural gas and oil leasing and development on federal lands and waters, potentially weakening U.S. security, killing jobs, raising household energy costs and more.

The national numbers could be big and alarming. Still, most Americans probably can relate more easily to potential impacts where they live, work and raise their families. This post zeroes in on New Mexico. Another state where the potential is large for job losses, reduced economic activity and decreased revenues – for education and other state and local priorities – is Louisiana.

A new ICF analysis shows much is at stake in banning new federal leasing and development for Louisiana, which ranked third in the nation in 2019 natural gas production and ninth in oil production as of June 2020, according to the U.S. Energy Information Administration (EIA).

More »

New Polling Shows Americans’ Strong Belief in the Value of U.S. Natural Gas and Oil

poll  energy development  energy policy  election 

Mark Green

Mark Green
Posted August 20, 2020

Results of polling from a dozen key battleground and other states show voters recognize the present and long-term value of domestic natural gas and oil – to their daily lives, to the broader economy, to our nation’s security. 

More »

Offshore Energy Revenues are Essential to LWCF Conservation

conservation  offshore development  revenues 

Mark Green

Mark Green
Posted June 2, 2020

Whenever someone talks about banning offshore oil and natural gas development, as some in Congress have proposed, they miss the fact that offshore oil and gas pays for the country’s most important conservation program, the Land and Water Conservation Fund (LWCF).

Everyone who cares about coastal restoration, wetlands protection, park upkeep, building hiking paths and other recreational areas should be aware that since 1965 the LWCF has supplied billions of dollars for conservation and environmental projects across the 50 states, from Grand Canyon National Park to the Cape Hatteras National Seashore – almost entirely funded by safe and responsible offshore oil and natural gas development.

The Wilderness Society puts it this way: “The Land and Water Conservation Fund (LWCF) has been America’s most important conservation funding tool for nearly 50 years.”

More »

SOAE 2020: This is Lansing

economic growth  michigan  state of american energy  oil and natural gas development 

Mark Green

Mark Green
Posted February 11, 2020

Lansing, Michigan, has come a long way since the days of high unemployment and general malaise, when people joked that the last person to leave Michigan should turn out the lights. Today, Lansing is on the rise – one of many communities across the country that have been helped by the empowering nature of abundant U.S. natural gas and oil (see API’s 2020 State of American Energy report).

Lansing is home to new auto manufacturing plants, and the municipal utility, Lansing Board of Water & Light (BWL), is replacing the last of its coal-fired generation facilities with a $500 million natural gas-fueled power plant.

More »

SOAE 2020: This is Eau Claire

state of american energy  oil and natural gas development  wisconsin  economic growth 

Mark Green

Mark Green
Posted February 3, 2020

Energy – essential for growth and opportunity – is America’s strong suit, thanks to abundant domestic natural gas and oil. It’s a key driver in the national economy and also local economies, in places like Eau Claire, Wisconsin.

This is Energy Progress, the theme of API’s State of American Energy report. They’re living it in Eau Claire.


More »

Rising Energy Revenues Boost State Budgets in Texas and New Mexico

energy development  revenues  permian basin  texas  new mexico 

Sam Winstel

Sam Winstel
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.

More »

Trump's NEPA Reform Is Essential For Energy Development

environmental review  energy development  infrastructure 

General Counsel Paul Afonso

Paul Afonso
Posted January 27, 2020

This article originally appeared in Law360.

The White House Council on Environmental Quality’s proposed update to the procedural regulations under the National Environmental Policy Act[1] offers an opportunity to unleash the infrastructure required for sustainable 21st century energy.

More »