Energy Tomorrow Blog
Posted July 25, 2018
Tariffs and quotas on imported steel and other products appear to be moving from a debate in Washington to Americans’ dinner tables, as farmers and others in the human food chain voice concern that a trade war – tariffs and retaliatory measures by other countries – is impacting food costs.
Posted July 5, 2018
Every summer Americans take to the highways. It’s a big country with lots to see, and reliable fuels are fundamental to the uniquely American freedom to range far and wide. In 2017, Americans traveled nearly 8 trillion miles from April to August. As we load our cars with sports gear, picnic baskets and beach chairs, some tips from API downstream experts to help those fuels take you as far as possible – safely, all summer long.
Posted April 19, 2018
American consumers take a keen interest in energy prices, for the health of their pocketbooks as well as their livelihoods and security. More than 10.3 million people directly or indirectly support the industry, and tens of millions more people own or work for businesses that depend on having abundant and affordable energy.
What happens in energy markets also is important to our business literacy and understanding of how the United States’ role in global commerce has evolved thanks to the energy renaissance. Not so long ago, many energy-intensive U.S. industries were hollowed out as jobs moved offshore. Thanks to American innovation, today the high availability and low prices of natural gas, natural gas liquids (NGLs) and oil have stimulated demand and investment while also helping to improve efficiency and return energy-related CO2 emissions to near their 25-year lows.
Posted June 1, 2017
Today, API releases a new report that highlights the tangible ways our industry protects the safety and environment – as it also helps local communities. It’s an important document, reflecting the premium placed on responsible energy development by natural gas and oil companies. From the report:
The safety, health and protection of people, the environment and communities are the top priorities for the natural gas and oil industry. Today, natural gas and oil not only power our lives, but are the building blocks for so many of the products that make modern life possible. But this energy and the amazing things derived from it – everything from clothing and cosmetics to state-of-the-art health care devices and medicines – aren’t possible unless responsible development is the centerpiece of everything the industry does.
Posted May 17, 2017
The natural gas that heats our homes, and increasingly, generates electricity, is delivered through a complex, sophisticated, interconnected and largely invisible system of more than 300,000 miles of interstate and intrastate transmission pipelines, and 2.1 million miles of distribution pipelines to residences and businesses. To get a sense of scope, America's interstate, intrastate transmission pipelines, and distribution pipelines, if laid end-to-end, would stretch from the earth to the moon … 10 times.
Posted April 20, 2017
Natural gas is a winner – for U.S. consumers, the economy and the environment. Quick, somebody tell officials in New York state – where they continue to ban hydraulic fracturing, the key to unlocking vast natural gas reserves located right under New Yorkers’ feet, to the benefit of New York consumers, New York job-seekers and New York’s environment.
Posted December 22, 2016
Everywhere you go, whatever you do, energy – anchored by abundant U.S. oil and natural gas – is making life warmer, easier, healthier and more enjoyable. Let’s mark the holidays with a look at just a few of the gifts we enjoy, from the energy that’s all around us.
Posted August 24, 2016
The United States is a global energy leader, thanks largely to technological advances in hydraulic fracturing and horizontal drilling. America’s energy leadership has proven successful in reducing greenhouse gas emissions, strengthening national security and keeping prices low for consumers.
Posted July 12, 2016
The sound approach to energy regulation in the U.S. – one that provides appropriate oversight to oil and natural gas development without unnecessarily impeding progress – continues to be a major theme at the U.S. Energy Information Administration’s (EIA) annual conference in Washington.
Tesoro President and CEO Gregory J. Goff raised the point with his Day 1 keynote speech, calling for transparency, fairness and accountability in federal regulation:
“Consumers, companies and the economy all benefit when government policies are well-reasoned and balanced. America is blessed with an abundance of affordable, reliable energy. It must not be squandered. Allowing the forces of the free market to operate will continue to benefit society. Government should be a facilitating partner in this positive economic force, not a roadblock to it.”
Posted June 1, 2016
To create jobs, continue progress in reducing emissions and ensure America’s homes and manufacturers have access to affordable energy, energy infrastructure should be a top priority. Private businesses are ready to invest and workers are ready to build, now politicians need to get out of the way.